NOT LISTED FOR SALE

5036 Otter River Rd Duluth, MN 55803

Estimated Value: $142,000 - $231,000

-- Bed
-- Bath
676 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $185,000 $274 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,162/month

27 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Ranch Style House
  • Docks
  • RV Access or Parking
  • No HOA

About This Home

As of June 2022

Spectacular building site on Island Lake, tucked privately away on a 3.5 acre lot with tons of room to build your dream home. Currently, the garage is set up for living quarters with heat (propane) a kitchen set-up, turn-key and ready for you to enjoy while sketching your future building plans. The land has a nice easy grade to the water access and includes a dock and boat lift. There is an outhouse on the property. New roof and gutters on the garage in 2017 and a new deck in 2019.

Last Agent to Sell the Property

Steve Braman

RE/MAX Results Listed on: 05/11/2022

RE/MAX Results

Last Buyer's Agent

Lars Olson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 2000

Lot Details

  • 3.3 Acre Lot
  • Lot Dimensions are 200x784
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Land Lease of $2,185

Home Design

  • 676 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Siding

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Beach Access
  • Docks
  • Outhouse

Utilities

  • Heating System Uses Propane
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 660103980

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Rice Lake Road, Left at Boulder Dam, home is down a shared driveway.
  • L O1 Office Phone1 Number: 715-392-1111
  • LotLeaseAmount: 2185
  • List Price/ Sq Ft: 273.67
  • ShorelineCharacteristics: Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: Yes
  • Amenities Exterior: Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 676
  • Garage Type: Detached
  • Heat: Propane, Electric
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Year Built: 2000
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None, Slab
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 1 Story
  • Total Fin Square Footage: 676

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: RV Parking
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2022-05-12
  • Estimated Lot Dimensions: 200x784
  • Estimated Number of Acres: 3.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 660103980
  • Waterfront Type: Inland Lake

Rental Info

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

Tax Info

  • Tax Amount: 1412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Allete Inc
Bought by
Nielsen Dustin and Nielsen Lesley
Current Estimated Value
$199,395
Source: Public Records

Range of Values:

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Average Value
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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
Nielsen Dustin $99,112 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $185,000 0.0% $274 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $185,000 -- $274 / 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 $1,186 $126,400 $87,400 $39,000
2022 $1,186 $126,400 $87,400 $39,000
2021 $1,420 $123,000 $87,400 $35,600
2020 $1,452 $123,900 $95,300 $28,600
2019 $1,438 $123,900 $95,300 $28,600
2018 $1,462 $123,900 $95,300 $28,600
2017 $1,380 $123,900 $95,300 $28,600
2016 $1,310 $116,200 $95,300 $20,900
2015 $1,328 $109,500 $91,300 $18,200
2014 $1,328 $109,500 $91,300 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102769

APN: 660600040320