NOT LISTED FOR SALE

5031 Parsons Point Rd Duluth, MN 55803

Estimated Value: $1,024,000

3 Beds
5 Baths
5,700 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $1,100,000 $193 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,453/month

41 Days on Market

Highlights

  • Private Waterfront
  • Sauna
  • Heated Floors
  • Hermantown Elementary School Rated A-
  • Lake View
  • Deck

About This Home

As of November 2021

Welcome to 5031 Parsons Point Rd! A meticulous 3-bedroom, 5-bathroom rambler home with a 2-car attached garage, a new 2-car detached garage nestled on 1.2 acres and 370 feet of water frontage on Island Lake! This home is one-of-a-kind with attention to detail throughout and space for everyone to grow! The main level features your dream kitchen that is open to an eat-in area and dining room, a large living room overlooking Island Lake, a main floor office, currently used as a guest bedroom, two powder rooms and an updated master bedroom suite! The kitchen has stainless steel Wolf appliances, endless amounts of cabinet storage space, a range and double oven, a large and spacious kitchen island, views of the lake and more. The formal dining area is a large area for gathering and has built-ins for holiday or extra dishes. The living room provides beautiful natural sunlight to beam in from the expansive windows facing the lake, has vaulted ceilings and a dual view fireplace. The master bedroom has been remodeled to gain an incredible walk-in closet and a laundry room. The master bedroom also features a fireplace, a full bathroom with double vanity sinks, a large walk-in shower, a jetted tub, has views of the lake and access to walk outside to the deck to enjoy your morning coffee from your bedroom overlooking the private harbor. Going to the lower level, you have a family room that has a wood burning fireplace and a walkout to the backyard, a large rec room, wet bar with built-ins, two bedrooms, two ¾ bathrooms and a sauna! If you are looking for a space to tinker on side projects or hobbies, you can access a workshop from the lower level, backside of the house or from the attached garage – an absolute fantastic workshop! You will be in awe with all the space that is provided to you in the lower level as you do not feel cramped at all. As you make your way outside, you will love the backyard that this home has. Space for yard games and gardening and a pathway has been made for easy access to the lake to put in your dock, boat and more. The homeowners have spared no expense with the updates to this home! So many amazing features in this home! To name a few would be a new blacktop driveway, new detached garage, new boiler and two new furnaces, new washer and dryer, music system, dumbwaiter, tall ceilings, extra storage, expansive back deck, a lovely backyard patio. This home will check so many boxes and all you will need to do is move in. Welcome home!

Last Agent to Sell the Property

Frank Messina

Messina & Associates Real Estate Listed on: 07/20/2021

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,178

Year Built

  • Built in 2005

Lot Details

  • 1.2 Acre Lot
  • Private Waterfront
  • 370 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Unpaved Streets
  • Land Lease of $3,740

Home Design

  • Ranch Style House
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Sauna
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 365-6000-21605

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,178

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Lavaque Rd, by the Minnouette on Island Lake Dam Rd to Parsons Point Rd, 1 mile, turn right to home on Left at end of road.
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 3740
  • List Price/ Sq Ft: 192.98
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Sauna, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Wet Bar, Foyer Entry, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck, Patio
  • Half Bathrooms: 2
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2914
  • Below Grade Finished Sq Ft: 2786
  • Garage Type: Attached, Detached
  • Heat: Boiler, Fireplace, Forced Air, In Floor, Propane, Electric
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Other
  • Room 11: Bedroom
  • Room 12: Bedroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Basement Features: Egress Windows, Finished, Walkout, Bedrooms, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Master, 1/2 Main Floor
  • Formal Dining: Eat-In Kitchen, Formal Dining Room
  • Extra Rooms: Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Multiple - See Remarks
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Room 6: Master Bedroom
  • Room 7: Laundry Room
  • Room 8: Family Room
  • Room 9: Rec Room
  • Total Bathrooms: 5
  • Total Fin Square Footage: 5700
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private, Unpaved
  • Waterfront Access: Private
  • Water Frontage In Feet: 370
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Steel

Garage/Parking

  • Garage Capacity: 4

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-07-20
  • Estimated Lot Dimensions: UNKNOWN
  • Estimated Number of Acres: 1.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 365-6000-21605
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 11178

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2021 11/08/21 Sold $1,100,000 0.0% $193 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $1,100,000 +25.7% $193 / Sq Ft
03/19/2020 03/19/20 Sold $875,000 0.0% $156 / Sq Ft View Prior Sale
01/30/2020 01/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $875,000 -- $156 / 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 $11,932 $961,900 $161,700 $800,200
2021 $11,178 $878,700 $161,700 $717,000
2020 $11,552 $825,500 $149,600 $675,900
2019 $11,442 $825,500 $149,600 $675,900
2018 $11,626 $825,500 $149,600 $675,900
2017 $11,544 $825,600 $149,700 $675,900
2016 $10,840 $825,600 $149,700 $675,900
2015 $7,909 $595,800 $96,000 $499,800
2014 $7,909 $595,800 $96,000 $499,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098476

APN: 365600021605