NOT LISTED FOR SALE

5035 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $712,000 - $874,000

5 Beds
2.5 Baths
3,044 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $630,000 $207 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,946/month

24 Days on Market

Highlights

  • 3.36 Acre Lot
  • Deck
  • Ranch Style House
  • Hermantown Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2021

The moment you enter this beautiful modern home, you will fall in love with the view through six large windows that overlook your own 3+ acres of serene forest. The main level's open floor plan and gorgeous kitchen are ideal for entertaining as well as a cozy night in. Take the attention to detail, including custom built-ins around the gas fireplace, and seamless wood finishes and tilting throughout the home. Continue your appreciation of the wooded view in the main level master, which features executive on suite and walk-in closet. The large, secluded bedroom above the garage makes a perfect office, game room or guest room. The main room of the lookout basement includes 2 large windows that allow plenty of natural light for an entertainment or play room. The home is energy efficient, networked and cable ready in nearly every room, equipped with custom blinds and a Nest Smarthome System including thermostats, security sensors, and a camera doorbell. Generous, heated 3-car garage offers storage shelves and railing system as well as ample room for a work bench, deep freezer, car wash station, and more. Enjoy the privacy of being set far back from the road, yet still within minutes of Miller Hill amenities and the brand new YMCA at Essentia Wellness Center. You'll even be able to walk to the Hermantown movie Theater and Skyline Social & Games via a private neighborhood trail through the wooded backyard.

Last Agent to Sell the Property

Michael Kohler

RE/MAX Results- Edina West Listed on: 03/02/2021

Last Buyer's Agent

Tricia Kroening

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 2018

Lot Details

  • 3.36 Acre Lot
  • Irregular Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Recreation Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 395007000251

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: W Arrowhead Rd
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 952-848-2400
  • List Price/ Sq Ft: 206.96
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Garage Door Opener, Hardwood Floors, Walk-In Closet, Foyer Entry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1821
  • Below Grade Finished Sq Ft: 1223
  • Garage Type: Attached
  • Heat: Fireplace, Forced Air, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Rec Room
  • Room 11: Mud Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 5
  • Year Built: 2018
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • 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: Finished, Partially Finished, Bath, Bedrooms, Family/Rec Room, Washer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Master, Full Basement, 1/2 Main Floor, Private Master
  • Formal Dining: 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: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Laundry Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3044
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Cement Board, Stone

Garage/Parking

  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 33x35

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-03-02
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 3.36
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Heavy
  • Parcel Number: 395007000251

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 4618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 7, 2021
Sold by
Licari Peter O and Licari Katie L
Bought by
Lindgren Kyosti G and Lindgren Susan M
Seller's Agent
Michael Kohler
RE/MAX Results- Edina West
Buyer's Agent
Tricia Kroening
RE/MAX Results
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$796,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,875
Avg. Annual Appreciation
5.22%
Original Mortgage
$380,000
Outstanding Balance
$348,012
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$438,434

Purchase Details

Closed on
Aug 10, 2018
Sold by
Soumis Jesse R and Soumis Amanda M
Bought by
Licari Peter O and Licari Katie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,782
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Lindgren Kyosti G $630,000 First American Title Ins Co
Licari Peter O $551,751 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindgren Susan M $99,900
Closed Lindgren Susan M $99,900
Open Lindgren Kyosti G $380,000
Previous Owner Licari Peter O $499,443
Previous Owner Licari Peter O $502,782
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $630,000 0.0% $207 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $630,000 -- $207 / 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 $8,856 $577,900 $58,600 $519,300
2022 $6,022 $538,000 $57,500 $480,500
2021 $5,752 $382,600 $49,700 $332,900
2020 $4,618 $375,600 $49,100 $326,500
2019 $2,694 $301,700 $42,200 $259,500
2018 $172 $191,600 $39,900 $151,700
2017 -- $9,100 $9,100 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Kohler

    RE/MAX Results- Edina West

  • Tricia Kroening

    Buyer's Agent in 2021

    Tricia Kroening

    RE/MAX

    (218) 393-5900

    9 in this area

    154 Total Sales

    Tricia Kroening
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6095074

APN: 395007000251

Minnesota St Louis County Hermantown 55811

5035 W Arrowhead Rd, Hermantown, MN

This home is located at 5035 W Arrowhead Rd, Hermantown, MN 55811 since 02 March 2021 and is currently estimated at $796,875, approximately $261 per square foot. This property was built in 2018. 5035 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.

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