$280,000
SOLD FEB 8, 2016

5028 W Arrowhead Rd Hermantown, MN 55811

4 Beds
2 Baths
2,311 Sq Ft
5 Acres

Recently Sold

$121 Per Sq Ft

41 Days on Market

Highlights

  • Panoramic View
  • 5 Acre Lot
  • Wood Flooring
  • Hermantown Elementary School Rated A-
  • Traditional Architecture
  • Mud Room

About This Home

As of August 2019

Don't miss this chance to own this 4 Br, 2 Bath home on 5 acres in Hermantown! Enjoy the private immense back yard and fire pit area. Completely remodeled home with new kitchen, new stainless steel appliances. Large dining room and main floor laundry. 2 bedrooms and a bath on the main level with 2 bedrooms and a bath upstairs. A HUGE rec room with a fireplace overlooks the back yard. 2 car garage with extra parking. Basement has space that could be finished as well.

Last Agent to Sell the Property

Kris Kapsner

RE/MAX Results Listed on: 11/03/2015

RE/MAX Results

Last Buyer's Agent

Kris Kapsner

RE/MAX Results Listed on: 11/03/2015

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1950

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 168x1296

Home Design

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

Interior Spaces

  • 2,311 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Panoramic Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

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

$2,915

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West on Arrowhead Rd
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 121.16
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2311
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Open House End Time: 2:30
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1368
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: second
  • Formal Dining: Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Mud Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2311
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • 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: 2016-02-10
  • Estimated Lot Dimensions: 168x1296
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-03940,03941

Rental Info

  • Lease Terms: Cash, Conventional, FHA, MHFA/WHEDA, VA DVA

Tax Info

  • Tax Amount: 2915

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
$538,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,613
Avg. Annual Appreciation
6.62%
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: 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

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6019081

APN: 395001003940