$460,000
SOLD OCT 24, 2014

4893 Lakeway Dr Duluth, MN 55811

4 Beds
3.5 Baths
4,443 Sq Ft
1.25 Acres

Recently Sold

$104 Per Sq Ft

12% Below List Price

130 Days on Market

Highlights

  • 104 Feet of Waterfront
  • Deck
  • 4 Car Garage
  • Proctor Senior High School Rated 9+
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2024

Beautiful Lake Living! This Passive Solar home offers 4 bedrooms and 3 1/2 baths on over 1.25 acres just minutes from Duluth! Privately located on a dead end street this home offers over 4,400 sq ft of living space. There's a main floor Master Suite with full bath including a walk-in closet, separate shower, and jetted tub. There are two living rooms, a large lower level rec room with full bar, fireplace, wine rack, and spacious spa/hot tub room overlooking the lake! Relax on the spacious rear deck or fire pit! There is a 2 car attached and 2 car detached garage for your convenience. This fabulous location is great for fishing, boating, skiing, borders the Pike Lake golf course and has a private boat launch!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,208

Year Built

  • 1981

Lot Details

  • 1.25 Acre Lot
  • 104 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Parking

  • 4 Car Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Dual Heating Fuel
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 280-0030-00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,208

Year Built

1981

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Hardwood Floors, Walk-In Closet
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 1.25
  • Assessment Balance: 493
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 2208
  • Parcel Number: 280-0030-00042
  • Projected Closed Date: 10/24/2014
  • Stories: 2 Story
  • Taxes With Assessments: 5412
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 26.6x13, On Level: Main
  • Room 2: Kitchen, 10x10, On Level: Main
  • Room 3: Dining Room, 13x16.6, On Level: Main
  • Room 4: Rec Room, 20.6x13.6, On Level: Lower
  • Room 5: Family Room, 22x31, On Level: Lower
  • Room 6: Master Bedroom, 21.6x16.6, On Level: Main
  • Room 7: 9x11.6, On Level: Main
  • Room 8: Bedroom, 15.6x11, On Level: Second Floor
  • Room 9: Bedroom, 12x10, On Level: Second Floor
  • Room 10: Bedroom, 12.6x14, On Level: Lower
  • Room 11: Spa/Sauna, 21.6x14, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2768
  • Below Grade Finished Sq Ft: 1675
  • Total Fin Square Footage: 4443
  • Total Square Footage: 4443

Exterior Features

  • Frontage Road: County
  • Waterfront Name: Pike
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 104
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Dual Fuel/Off Peak, Fireplace
  • Sewer: City
  • Water: Private

Schools

  • School District: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 104X523 IRREG

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%
Total Days on Market
130
Views
39
Current Estimated Value
$913,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,073
Avg. Annual Appreciation
1.52%
Original Mortgage
$724,000
Outstanding Balance
$682,384
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$230,689

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 Duluth
List Price
$849
Sold Price
$825,000
Premium/Discount to List
$824,151
97073.14%

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
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

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 -2.9% $131 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/10/2022 03/10/22 Price Changed $849,900 +100006.0% $135 / Sq Ft
03/10/2022 03/10/22 For Sale $849 -99.8% $0 / 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: REALTOR® Association of Southern Minnesota

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

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4612286

REALTOR® Association of Southern Minnesota

APN: 280003000042