NOT LISTED FOR SALE

4929 Lester River Rd Duluth, MN 55804

Estimated Value: $624,000 - $918,000

4 Beds
3 Baths
3,375 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $575,000 $170 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,892/month

76 Days on Market

Highlights

  • 1,500 Feet of Waterfront
  • Heated Floors
  • 21 Acre Lot
  • Lakewood Elementary School Rated 9+
  • Reverse Osmosis System
  • Recreation Room

About This Home

As of October 2015

Lester River home with craftsmanship not often found in a newer home. 21+ acres with 1500+ ft of frontage on the Lester River. The reclaimed Douglas fir timber frame construction, Finnish masonry heater and woodwork from 5 continents all speak to the quality. The main floor features an open layout. The kitchen has slate tile and granite counter tops. As you walk up the handmade hardwood stairs to the upper level you will find the master BR. It features a loft, a large walk in closet and private deck overlooking the river. On the lower level you will find a large rec room, and sliding glass door walk out. Naturally weather resistant cedar shingle siding that fits wonderfully with the environment. The ipe decks will last for decades. The 30 x 50 shop is completely insulated and heated for year around use. Conveniently located, this home is less than 5 minutes to local amenities and 15 minutes to downtown Duluth. This home is not to be missed.

Last Agent to Sell the Property

Jeff Leusman

Messina & Associates Real Estate Listed on: 06/24/2015

Last Buyer's Agent

Frank Messina

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 2000

Lot Details

  • 21 Acre Lot
  • 1,500 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Irregular Lot
  • Many Trees

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Skylights
  • Free Standing Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • 4 Car Garage
  • Gravel Driveway

Outdoor Features

  • Outdoor Water Feature
  • Pole Barn

Utilities

  • No Cooling
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Wood
  • Radiant Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 415-0010-07235 & 415-0010-07270

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,293

Year Built

Built in 2000

Lot Details

21 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Lester River Rd 2.1 miles from Superior St. Drive is on the left.
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors, Natural Woodwork, Skylight, Tiled Floors, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Water Feature
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 2240
  • Below Grade Finished Sq Ft: 1135
  • Garage Type: Attached, Detached
  • Heat: Boiler, Fireplace, In Floor, Radiant, Hot Water, Wood, Propane
  • Open House End Time: 1
  • Reso Roof: Asphalt Shingles
  • Room 10: Storage Room
  • Room 11: Utility Room
  • Room 12: Bathroom
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Partially Finished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Main
  • Bathroom 3 Level: Main
  • Bathroom Description: Full Basement, Full Master, 3/4 Main Floor
  • Formal Dining: Breakfast Bar, Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Sunroom/Solarium
  • Bedroom 5: Bedroom
  • Stories: 2.25 - 2.75 Story
  • Room 6: Laundry Room
  • Room 7: Bathroom
  • Room 8: Rec Room
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3375
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Pole Building
  • Road Frontage: County
  • Water Frontage In Feet: 1500
  • Waterfront Name: Lester River
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 21
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Heavy
  • Parcel Number: 415-0010-07235 & 415-0010-07270
  • Waterfront Type: River

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 5293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Oct 20, 2015
Sold by
Levang James J and Levang Julie Ann
Bought by
Gessert Charles E and Stark Barbara A
Seller's Agent
Jeff Leusman
Messina & Associates Real Estate
Buyer's Agent
Frank Messina
Messina & Associates Real Estate
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$802,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,771
Avg. Annual Appreciation
3.28%
Original Mortgage
$400,000
Outstanding Balance
$312,338
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$490,433
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gessert Charles E $575,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gessert Charles E $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2015 10/20/15 Sold $575,000 0.0% $170 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $575,000 -- $170 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2024 $8,670 $712,300 $137,100 $575,200
2023 $8,670 $707,700 $137,100 $570,600
2022 $9,142 $701,400 $130,800 $570,600
2021 $8,954 $653,400 $149,700 $503,700
2020 $8,942 $643,300 $139,600 $503,700
2019 $9,018 $628,500 $139,600 $488,900
2018 $7,638 $628,500 $139,600 $488,900
2017 $5,518 $569,800 $135,000 $434,800
2016 $5,062 $416,200 $70,600 $345,600
2015 $5,258 $383,000 $70,100 $312,900
2014 $5,258 $380,100 $67,500 $312,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6016853

APN: 415001007235

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