$260,000
SOLD JAN 17, 2014

5028 W Arrowhead Rd Hermantown, MN 55811

4 Beds
2 Baths
2,311 Sq Ft
5 Acres

Recently Sold

$113 Per Sq Ft

6 Days on Market

Highlights

  • 5 Acre Lot
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Hermantown Elementary School Rated A-
  • Porch
  • Bathroom on Main Level

About This Home

As of August 2019

Great 4 bedroom Hermantown home on 5 Acres! Spacious floor plan with updated kitchen, formal dining area, and upper level family room. 2 car detached garage and nice front porch! This is a Fannie Mae HomePath property. All offers must be submitted online at www.homepath.com. This property is approved for HomePath Mortgage & Homepath Renovation Mortgage Financing. Purchase this property for as little as 3% down!

Last Agent to Sell the Property

Frank Messina

Real Living Messina & Associates Listed on: 11/15/2013

Last Buyer's Agent

Kristopher Kapsner

RE/MAX 1 - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,402

Year Built

  • 1950

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 168x1296

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,311 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 395-0010-03940/03941

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,402

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 5
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1368
  • Parcel Number: 395-0010-03940/03941
  • Projected Closed Date: 01/24/2014
  • Stories: 2 Story
  • Taxes With Assessments: 2445.6
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x12.1, On Level: Main
  • Room 2: Kitchen, 19x10, On Level: Main
  • Room 3: Dining Room, 25.4x9.5, On Level: Main
  • Room 4: Family Room, 19x25, On Level: Second Floor
  • Room 5: Bedroom, 10x11.5, On Level: Main
  • Room 6: Bedroom, 14x10.5, On Level: Main
  • Room 7: 12.3x14, On Level: Second Floor
  • Room 8: Bedroom, 12.4x13.2, On Level: Second Floor
  • Room 9: Mud Room, 11.2x6.10, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2311
  • Total Fin Square Footage: 2311
  • Total Square Footage: 2311

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 168x1296

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 Type Sale Price Title Company
Warranty Deed $365,000 North Shore Title Llc
Deed $280,000 --
Quit Claim Deed -- Lake Superior Title
Quit Claim Deed -- None Available
Sheriffs Deed $274,237 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,400 New Conventional
Closed $273,750 New Conventional
Previous Owner $280,000 No Value Available
Previous Owner $265,590 VA
Previous Owner $288,000 Adjustable Rate Mortgage/ARM
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: REALTOR® Association of Southern Minnesota

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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4560347

REALTOR® Association of Southern Minnesota

APN: 395001003940