NOT LISTED FOR SALE

4936 Drake Rd Duluth, MN 55803

Estimated Value: $185,000 - $320,000

2 Beds
1 Bath
768 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $260,000 $339 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,600/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Enclosed Patio or Porch
  • Homecroft Elementary School Rated A-
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2023

Settled on a dead-end road, this freshly painted 2 bedroom, 1 bath home has many updates including new natural gas furnace (converted in October 2022), new egress window, septic (which was installed in 2021), new refrigerator, washer/dryer, sink/faucet, flooring, sump pump to name a few! The garage has new electrical box, garage doors and openers. New screen and door on the screened in porch! Several trees were professionally removed which made the yard feel larger and will protect the home. Location, location!

Last Agent to Sell the Property

Reisa Varin

RE/MAX Results Listed on: 05/11/2023

Last Buyer's Agent

Korey Dropkin

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1960

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 165 x 470

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • Living Room
  • Open Floorplan
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520-0120-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,851

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Martin Rd to Drake Rd
  • L O1 Office Phone1 Number: 218-722-2810
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 768
  • Garage Type: Detached
  • Heat: Natural Gas
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Enclosed Porch
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Porch
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 768
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 33 x 24

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 165 X 470
  • Estimated Number of Acres: 1.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 520-0120-00010

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 17, 2023
Sold by
Timm Jason B and Timm Megan K
Bought by
Hansen Samantha
Seller's Agent
Reisa Varin
RE/MAX Results
Buyer's Agent
Korey Dropkin
RE/MAX Results
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$269,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,405
Avg. Annual Appreciation
1.57%
Original Mortgage
$247,000
Outstanding Balance
$240,749
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$28,656

Purchase Details

Closed on
Jul 15, 2021
Sold by
Hoffman Eric W and Hoffman Stephanie E
Bought by
Timm Jason B and Timm Megan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hoffman Gregory B and Hoffman Jacqueline A
Bought by
Hoffman Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Reini Kenneth A and Marian Reini D
Bought by
Hoffman Gregory B and Hoffman Jacqueline A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Hansen Samantha $260,000 Results Title
Timm Jason B $229,900 All American Title
Hoffman Eric W $146,000 Ati Title Company
Hoffman Gregory B $100,000 Ati Title Company
Timm Jason Jason $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Samantha $247,000
Previous Owner Timm Jason B $223,000
Previous Owner Hoffman Eric W $116,800
Closed Timm Jason Jason $223,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $260,000 0.0% $339 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $260,000 -- $339 / 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
2024 $2,198 $195,800 $41,400 $154,400
2023 $2,198 $165,100 $39,300 $125,800
2022 $1,835 $152,800 $39,300 $113,500
2021 $1,726 $137,400 $29,200 $108,200
2020 $1,754 $131,200 $27,800 $103,400
2019 $1,682 $131,200 $27,800 $103,400
2018 $1,450 $127,200 $24,900 $102,300
2017 $1,494 $119,000 $23,500 $95,500
2016 $1,488 $119,300 $21,900 $97,400
2015 $1,344 $88,100 $16,800 $71,300
2014 $1,344 $82,400 $15,800 $66,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Reisa Varin

    RE/MAX

    (218) 343-6636

    4 in this area

    96 Total Sales

    Reisa Varin
    Section Image
  • Korey Dropkin

    Buyer's Agent in 2023

    Korey Dropkin

    RE/MAX

    (218) 481-3004

    2 in this area

    77 Total Sales

    Korey Dropkin
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6107975

APN: 520012000010

Minnesota St Louis County Duluth 55803

4936 Drake Rd, Duluth, MN

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