NOT LISTED FOR SALE

5025 Reid Rd Duluth, MN 55803

Estimated Value: $385,414 - $406,000

1 Bed
2 Baths
1,404 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $205,000 $146 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,401/month

22 Days on Market

Highlights

  • RV Access or Parking
  • 3.62 Acre Lot
  • Recreation Room
  • Homecroft Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of October 2020

Check out this convenient wheelchair friendly home with an open floor plan for easy mobility! Equipped with an exterior ramp, an interior elevator, and a walk out basement! Nice oversized garage- complete with a workshop, an additional storage/potting shed, large deck, and beautifully shaded back yard! Over 3 acres to provide ample privacy and room to play, garden, and/or have some pets! Less than a 20 minute drive to Duluth! You don't want to miss this one- Call today for your private showing!

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 08/10/2020

Last Buyer's Agent

Kevin Kalligher

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1985

Lot Details

  • 3.62 Acre Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,404 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Recreation Room
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Gravel Driveway
  • Off-Street Parking
  • RV Access or Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Grab Bar In Bathroom
  • Wheelchair Access
  • Wheelchair Ramps

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Water Source
  • Drilled Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 520-0240-00600 & 520-0240-00560

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,562

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Woodland Ave to Riley Rd, North on Reid Road- Sign out front
  • L O1 Office Phone1 Number: 218-878-0583
  • List Price/ Sq Ft: 146.01
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Ada Features: Fully Wheelchair, Elevator, Wheelchair Ramp, Grab Bars in Bathroom, Roll-in Shower
  • Air Conditioner: Window
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 1404
  • Garage Type: Detached
  • Heat: Baseboard, Electric
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Room 10: Other
  • Bedroom 3: Kitchen
  • TotalBedrooms: 1
  • Year Built: 1985
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Partially Finished, Walkout, Bath, Family/Rec Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Laundry Room
  • Room 9: Rec Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1404
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, RV Parking, Driveway - Gravel
  • Garage Features: Electrical Service, Insulation, Slab
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2020-08-11
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 3.62
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 520-0240-00600 & 520-0240-00560

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Oct 28, 2020
Sold by
Secretary Of Housing And Urban Dev
Bought by
Gustafson Sarah
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Kevin Kalligher
RE/MAX Results
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$396,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,854
Avg. Annual Appreciation
14.25%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2019
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 31, 2006
Sold by
Broman Wayne K
Bought by
Broman Wayne K and Carlisle Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 30, 2006
Sold by
Stafne Cheryl E and Lueck Cheryl E
Bought by
Broman Wayne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 12, 2006
Sold by
Lueck John A
Bought by
Lueck Cheryl E and Stafne Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second
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
Gustafson Sarah -- Stewart Title
Secretary Of Housing & Urban Development -- Servicelink
Broman Wayne K -- Rels
Broman Wayne K $200,000 Rels
Lueck Cheryl E -- Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gustafson Sarah $300,000
Previous Owner Broman Wayne K $30,000
Previous Owner Broman Wayne K $30,000
Previous Owner Broman Wayne K $170,000
Previous Owner Lueck Cheryl E $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $205,000 0.0% $146 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $205,000 -- $146 / 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 $3,562 $273,100 $40,100 $233,000
2022 $3,794 $250,400 $40,100 $210,300
2021 $3,592 $237,900 $31,000 $206,900
2020 $3,424 $227,100 $29,600 $197,500
2019 $3,334 $227,100 $29,600 $197,500
2018 $2,918 $222,400 $26,800 $195,600
2017 $1,640 $207,900 $25,500 $182,400
2016 $3,114 $216,100 $23,900 $192,200
2015 $2,855 $189,600 $21,800 $167,800
2014 $2,855 $179,300 $21,000 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6092274

APN: 520024000600