NOT LISTED FOR SALE

5028 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $490,803 - $551,000

4 Beds
2 Baths
2,266 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $365,000 $161 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,278/month

2 Days on Market

Highlights

  • 5 Acre Lot
  • Recreation Room
  • Main Floor Primary Bedroom
  • Hermantown Elementary School Rated A-
  • Traditional Architecture
  • Mud Room

About This Home

As of August 2019

WOW! This is DARLING! A Move in Ready Hermantown, REMODELED, REFURBISHED and UPDATED throughout... farmhouse meets contemporary! Complete with a front porch to swing on and 5 acres! A big mud room area off your driveway greets you to "drop and run" and brings you into an open concept with kitchen, bright living & dining areas, and remodeled space! Quartz countertops, recessed lighting, new flooring, sliding doors to your acreage make for excellent main level space with a bath and bedrooms on this level, too! All new doors throughout the home, New vinyl siding, new gutters, new asphalt driveway on your exterior , the interior provides you with new wiring, 200 amp service, new furnace, new hot water heater, new electric baseboard heat upstairs, many new light fixtures, new flooring.... So much to love with a second level rec area complete with gas fireplace with custom surround and reclaimed wood mantel! Don't miss the "Climbing wall" in the kids room! An unfinished lower level provides storage and exercise space with all the new utilities to enjoy! 3 car garage with rear access to your acreage! Run and play here with nothing to do but move in!

Last Agent to Sell the Property

Brian Rud

Messina & Associates Real Estate Listed on: 07/11/2019

Co-Listed By

Deanna Bennett

Messina & Associates Real Estate

Last Buyer's Agent

Emily Silverness

Century 21 Atwood

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,440

Year Built

  • Built in 1950

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 170 x 1300

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,266 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 395-0010-03940, 03941

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,440

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West Arrowhead Rd between Lavaque Rd & Getchell Rd
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 161.08
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Main Floor Laundry
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2266
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Natural Gas, Electric
  • Fireplaces: 1
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Laundry Room
  • TotalBedrooms: 4
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Eat-In Kitchen
  • Extra Rooms: Mud Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Rec Room
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2266
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-07-11
  • Estimated Lot Dimensions: 170 x 1300
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-03940, 03941

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 12, 2019
Sold by
Olson Isaac D and Olson Nicole D
Bought by
Olson Jennifer Marie and Olson Andrew David
Seller's Agent
Brian Rud
Messina & Associates Real Estate
Buyer's Agent
Emily Silverness
Century 21 Atwood
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$516,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,951
Avg. Annual Appreciation
5.72%
Original Mortgage
$273,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2015
Closed on
Feb 9, 2016
Sold by
Wells David David
Bought by
Olson Isaac Isaac
Seller's Agent
Kris Kapsner
RE/MAX Results
Buyer's Agent
Kris Kapsner
RE/MAX Results
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$280,000
Interest Rate
3.72%

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jan 5, 2014
Sold by
Federal National Mortgage Association
Bought by
Wells David
Seller's Agent
Frank Messina
Real Living Messina & Associates
Buyer's Agent
Kristopher Kapsner
RE/MAX 1 - Duluth
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$265,590
Interest Rate
4.42%
Mortgage Type
VA

Purchase Details

Closed on
Aug 5, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 14, 2012
Sold by
Dallum Steven L and Dallum Lydia
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 29, 2004
Sold by
Dallum Steven L and Dallum Lydia J
Bought by
Dallum Steven L and Dallum Lydia J
Source: Public Records

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Range of Values:

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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
Olson Jennifer Marie $365,000 North Shore Title Llc
Olson Isaac Isaac $280,000 --
Wells David -- Lake Superior Title
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $274,237 None Available
Dallum Steven L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Jennifer Marie $268,400
Closed Olson Jennifer Marie $273,750
Previous Owner Olson Isaac Isaac $280,000
Previous Owner Wells David $265,590
Previous Owner Dallum Lydia $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $365,000 0.0% $161 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $365,000 +30.4% $161 / Sq Ft
02/08/2016 02/08/16 Sold $280,000 0.0% $121 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $280,000 +7.7% $121 / Sq Ft
01/17/2014 01/17/14 Sold $260,000 0.0% $113 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $259,900 -- $112 / 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 $6,402 $437,500 $37,500 $400,000
2022 $5,544 $407,000 $36,900 $370,100
2021 $5,298 $354,600 $35,400 $319,200
2020 $4,034 $348,400 $35,000 $313,400
2019 $4,122 $267,400 $34,700 $232,700
2018 $3,810 $266,100 $33,400 $232,700
2017 $3,336 $246,700 $32,300 $214,400
2016 $3,102 $235,500 $31,800 $203,700
2015 $3,016 $201,700 $33,600 $168,100
2014 $3,016 $208,800 $34,700 $174,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brian Rud

    Messina & Associates Real Estate

    (218) 340-5412

    8 in this area

    216 Total Sales

    Brian Rud
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Deanna Bennett

    Messina & Associates Real Estate

    (218) 343-8444

    35 in this area

    524 Total Sales

    Deanna Bennett
    Section Image

  • E

    Buyer's Agent in 2019

    Emily Silverness

    Century 21 Atwood

    1 in this area

    40 Total Sales

    Emily Silverness
    Section Image

  • K

    Seller's Agent in 2016

    Kris Kapsner

    RE/MAX

    (218) 310-2367

    5 in this area

    77 Total Sales

    Kris Kapsner
    Section Image

  • F

    Seller's Agent in 2014

    Frank Messina

    Real Living Messina & Associates

  • K

    Buyer's Agent in 2014

    Kristopher Kapsner

    RE/MAX

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084637

APN: 395001003940

Minnesota St Louis County Hermantown 55811

5028 W Arrowhead Rd, Hermantown, MN

This home is located at 5028 W Arrowhead Rd, Hermantown, MN 55811 since 11 July 2019 and is currently estimated at $516,951, approximately $228 per square foot. This property was built in 1950. 5028 W Arrowhead Rd is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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