$825,000
SOLD JUN 13, 2022

4893 Lakeway Dr Duluth, MN 55811

4 Beds
4 Baths
4,633 Sq Ft
1.25 Acres

Recently Sold

$178 Per Sq Ft

22 Days on Market

Highlights

  • Private Waterfront
  • Heated Floors
  • Main Floor Primary Bedroom
  • Proctor Senior High School Rated 9+
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of October 2024

Beautiful, private, expansive home on Pike Lake. Where do I start? Huge yard facing the lake sitting by a campfire enjoying those summer nights listening to the lapping waves, making smores and creating memories. Inside, walk in to the large open kitchen with tons of cupboards and stainless steel appliances. Enjoy your evenings in your expansive living room with vaulted ceilings and gas fireplace overlooking the lake. Just off the living room is your huge master bedroom with views of the lake, vaulted ceilings, private full master bath and walk in closet. Upstairs you will find two bedrooms and a full bath, both with sitting areas overlooking the golf course and garden. Love to entertain? In the walkout basement you will find a large rec room with bar which connects to large deck overlooking the lake, perfect man-cave. After a long day, relax in your hot tub or enjoy a sauna. Downstairs you will find a 3/4 bath and another bedroom which could also be a office. If that wasnt enough, there is a huge blacktop driveway with an attached and detached heated garage.

Last Agent to Sell the Property

Steve Braman

RE/MAX Results Listed on: 03/10/2022

RE/MAX Results

Co-Listed By

Megan Wilson

RE/MAX Results

Last Buyer's Agent

Brian Rud

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,945

Year Built

  • Built in 1978

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 104x540
  • Private Waterfront
  • 104 Feet of Waterfront
  • Lake Front

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Living Room
  • Recreation Room
  • Sun or Florida Room
  • Home Gym
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Basement

  • Partial Basement
  • Bedroom in Basement

Parking

  • 4 Car Garage
  • Heated Garage
  • Insulated Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 280-0030-00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,945

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N or Hwy 53, R on Midway, quick Left on Old Miller Trunk Hwy, R on Daniels, R on Lakeway, L on private portion of Lakeway, stay to the R at the Y, house at the very end of dead end next to golf course
  • L O1 Office Phone1 Number: 715-392-1111
  • Planned Unit Development: No
  • List Price/ Sq Ft: 178.07
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2958
  • Below Grade Finished Sq Ft: 1675
  • Garage Type: Attached, Detached
  • Heat: Fireplace, Forced Air, In Floor, Propane, Electric
  • Fireplaces: 3
  • MainFloorBath: Yes
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • Room 10: Bathroom
  • Room 11: Bedroom
  • Room 12: Bathroom
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1978
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Basement
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Basement
  • RoomLevel6: Main
  • RoomLevel7: Basement
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Bathroom Description: Full Master, Private Master, Separate Tub & Shower, Whirlpool
  • Fireplace: Yes
  • Den Fireplace Type: Multiple - See Remarks
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Sunroom/Solarium
  • Main Residence Features:Family Room4: Sunroom/Solarium
  • Bedroom 5: Fitness Room
  • Stories: 2 Story
  • Room 6: Master Bedroom
  • Room 7: Rec Room
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 4
  • Total Fin Square Footage: 4633
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 104
  • Waterfront Name: Pike
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Features: Electrical Service, Heat, Insulation
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 22x24 and 26x24

Utilities

  • Power Company: Lake Country Power
  • Sewer: City
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2022-03-10
  • Estimated Lot Dimensions: 104x540
  • Estimated Number of Acres: 1.25
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 280-0030-00042
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 5945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 4, 2024
Sold by
Sheaffer William and Sheaffer Hannah
Bought by
Absher-Long Dennette
Seller's Agent
Benjamin Funke
RE/MAX Results
Buyer's Agent
Benjamin Funke
RE/MAX Results
List Price
$974,900
Sold Price
$905,000
Premium/Discount to List
-$69,900
-7.17%
Views
39
Current Estimated Value
$957,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,143
Avg. Annual Appreciation
3.43%
Original Mortgage
$724,000
Outstanding Balance
$682,384
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$248,625

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 13, 2022
Sold by
Erickson and Katie
Bought by
Sheaffer Hannah and Sheaffer William
Seller's Agent
Steve Braman
RE/MAX Results
Buyer's Agent
Brian Rud
Messina & Associates Real Estate
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$825,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2019
Closed on
Sep 20, 2019
Sold by
Linde Ivars A and Linde Stephanie
Bought by
Erickson Luke and Erickson Katie
Seller's Agent
stephanie Linde
Real Estate Consultants
Buyer's Agent
stephanie Linde
Real Estate Consultants
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%
Original Mortgage
$541,087
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
May 5, 2014
Closed on
Oct 22, 2014
Sold by
Larson Steven J and Robbins Tammy M
Bought by
Linde Ivars A and Linde Stephanie A
Seller's Agent
Frank Messina
Real Living Messina & Associates
Buyer's Agent
Stephanie Linde
Real Estate Consultants
List Price
$519,900
Sold Price
$460,000
Premium/Discount to List
-$59,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$368,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Linde Ivars A and Linde Stephanie A
Bought by
Larson Steven J and Robbins Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Cannon Michael J and Cannon Judy S
Bought by
Linde Ivars A and Linde Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $905,000 First American Title
Warranty Deed $825,000 Northshore Title
Warranty Deed $560,000 North Shore Title Llc
Warranty Deed $460,000 Stewart Title
Warranty Deed $495,000 Rels
Warranty Deed $450,000 Rels
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $724,000 New Conventional
Previous Owner $825,000 New Conventional
Previous Owner $543,500 No Value Available
Previous Owner $541,087 VA
Previous Owner $368,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $470,250 Purchase Money Mortgage
Previous Owner $360,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $905,000 -2.2% $204 / Sq Ft
08/05/2024 08/05/24 Price Changed $924,900 -2.6% $208 / Sq Ft
07/22/2024 07/22/24 Price Changed $949,900 -2.6% $214 / Sq Ft
07/11/2024 07/11/24 For Sale $974,900 +18.2% $219 / Sq Ft
06/13/2022 06/13/22 Sold $825,000 0.0% $178 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $825,000 +47.3% $178 / Sq Ft
09/20/2019 09/20/19 Sold $560,000 0.0% $126 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $560,000 +21.7% $126 / Sq Ft
10/24/2014 10/24/14 Sold $460,000 -11.5% $104 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $519,900 +16671.0% $117 / Sq Ft
07/23/2013 07/23/13 Sold $3,100 -99.5% $1 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $569,900 -- $130 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $9,208 $737,800 $242,100 $495,700
2022 $8,122 $602,700 $224,800 $377,900
2021 $5,970 $508,600 $198,400 $310,200
2020 $6,120 $493,300 $183,100 $310,200
2019 $6,184 $494,900 $183,100 $311,800
2018 $6,262 $471,800 $183,100 $288,700
2017 $5,642 $463,700 $181,300 $282,400
2016 $5,682 $439,900 $176,600 $263,300
2015 $5,412 $439,900 $176,600 $263,300
2014 $5,412 $439,900 $176,600 $263,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101625

APN: 280003000042