NOT LISTED FOR SALE

5025 Parsons Point Rd Duluth, MN 55803

Estimated Value: $300,000

3 Beds
1 Bath
960 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $302,000 $315 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,891/month

4 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Lake View
  • Hermantown Elementary School Rated A-
  • Beach Access
  • Island Location

About This Home

As of July 2019

The views are awesome with 1048' of frontage on the point of Island Lake! Seasonal 3BR cabin with septic and 120' drilled well. Outhouse and shed. Steel roof. Kent wood stove is the main heat source. A/C window unit. Lease on land is $3,915/year.

Last Agent to Sell the Property

Jamie Sathers-Day

JS Realty Listed on: 06/11/2019

Last Buyer's Agent

Eric Sams

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1962

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 1048 x 140 x 186
  • Private Waterfront
  • 1,048 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Few Trees
  • Land Lease of $3,915

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Woodwork
  • Paneling
  • Wood Burning Fireplace
  • Wood Frame Window
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Storage Shed

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 365-6000-21610

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,590

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N Hwy 53, right on Lavaque Bypass Rd, past Minoette to Parsons Point Rd, right to the end.
  • InternetOptions: None
  • L O1 Office Phone1 Number: 218-729-9784
  • LotLeaseAmount: 3915
  • List Price/ Sq Ft: 314.58
  • Road Maintenance: Association
  • ShorelineCharacteristics: Gravel, Shore-Accessible, Elevation-Medium
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Window
  • Reso Association Amenities: Natural Woodwork, Panelled Walls, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 960
  • Garage Type: None
  • Heat: Fireplace, Wood
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Bathroom
  • TotalBedrooms: 3
  • Year Built: 1962
  • 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, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: None, Posts
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 960
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 1048
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Minnesota Power
  • Sewer: Drain Field
  • Water: Drilled

Schools

  • School District: Hermantown #700
  • Junior High Dist: Hermantown #700

Lot Info

  • Geo Update Timestamp: 2019-06-11
  • Estimated Lot Dimensions: 1048 x 140 x 186
  • Estimated Number of Acres: 1.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Light, Island/Peninsula
  • Parcel Number: 365-6000-21610
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Allete Inc
Bought by
Macnutt James
Current Estimated Value
$300,000
Source: Public Records

Range of Values:

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List 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
Macnutt James $162,864 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2019 07/22/19 Sold $302,000 0.0% $315 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $302,000 -- $315 / 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
2022 $2,804 $230,900 $166,000 $64,900
2021 $2,502 $225,700 $166,000 $59,700
2020 $2,590 $200,200 $156,600 $43,600
2019 $2,590 $200,200 $156,600 $43,600
2018 $2,630 $200,200 $156,600 $43,600
2017 $2,614 $200,300 $156,700 $43,600
2016 $2,550 $200,300 $156,700 $43,600
2015 $2,112 $150,800 $114,400 $36,400
2014 $2,112 $150,800 $114,400 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083727

APN: 365600021610