NOT LISTED FOR SALE

5038 Martin Rd Duluth, MN 55803

Estimated Value: $272,000 - $518,000

3 Beds
4 Baths
1,652 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $310,000 $188 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,605/month

67 Days on Market

Highlights

  • Spa
  • 2 Fireplaces
  • Den
  • Hermantown Elementary School Rated A-
  • Bonus Room
  • 6 Car Detached Garage

About This Home

As of March 2020

Come check out this 3 bedroom, 4 bath home nestled back on 6 private acres in the Hermantown School district. Enjoy relaxing off your private deck from your master bedroom watching the wildlife run through the yard. Or perhaps watch the kids while they swim in the above ground pool. Better yet join them in the hot tub. Outdoors also comes with a detached 6 car heated garage with an extra 633 sq. ft. heated finished bonus room about the garage. Great extra space for those guest. (So great they may never want to leave). The garage comes with a half bath and running water. This home has many updates: Updated bathrooms, New flooring, newer carpet, newer roof , a playhouse, perennial gardens, chicken coop and more. All this just minutes from schools, shopping and lakes.

Last Agent to Sell the Property

Tom Little

RE/MAX Results Listed on: 12/18/2019

Last Buyer's Agent

Michael Messina

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1984

Lot Details

  • 6 Acre Lot
  • Lot Dimensions are 388x660
  • Property fronts a county road
  • Poultry Coop
  • Irregular Lot

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Home Security System
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Pool

  • Spa

Utilities

  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 280-0031-00330

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,587

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on LaVaque Road. Right on Martin. Homes on lower side
  • L O1 Office Phone1 Number: 218-728-5161
  • List Price/ Sq Ft: 187.65
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Reso Association Amenities: Garage Door Opener, Security System, Foyer Entry
  • Amenities Exterior: Hot Tub
  • Half Bathrooms: 2
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1652
  • Garage Type: Detached
  • Heat: Wood, Electric
  • Fireplaces: 2
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1984
  • Level 1 Bedroom: Main
  • RoomLevel3: Lower
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Second Floor
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: None
  • Bathroom Description: 1/2 Basement, 3/4 Master
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Den/Office
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Foyer
  • Bathroom 2: Family Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bonus Room
  • Total Bathrooms: 4
  • Total Fin Square Footage: 1652
  • Exercise Room Level2: Upper

Exterior Features

  • Out Buildings: Chicken Coop, Other Buildings
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Pool: Above Ground

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 6
  • ParkingFeaturesGarageDimensions: 32x36

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-12-18
  • Estimated Lot Dimensions: 388x660
  • Estimated Number of Acres: 6
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot
  • Parcel Number: 280-0031-00330

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 30, 2020
Sold by
Harnack Jared and Harnack Stephanie
Bought by
Schultz Patrick and Schultz Sarah J
Seller's Agent
Tom Little
RE/MAX Results
Buyer's Agent
Michael Messina
Messina & Associates Real Estate
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$413,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,808
Avg. Annual Appreciation
9.23%
Original Mortgage
$248,000
Outstanding Balance
$224,861
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$266,622

Purchase Details

Listed on
Mar 26, 2015
Closed on
May 27, 2015
Sold by
Hoglund Brett E and Hoglund Jennifer J
Bought by
Harnack Jared and Harnack Stephanie
Seller's Agent
Andrew Frielund
RE/MAX Results
Buyer's Agent
Dan Traylor
RE/MAX Results
List Price
$275,600
Sold Price
$275,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$273,000
Interest Rate
3.63%
Mortgage Type
VA

Purchase Details

Closed on
Jun 6, 2003
Sold by
Larsen Gordon M and Larsen Mabel R
Bought by
Hoglund Brett E and Hoglund Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Schultz Patrick $310,000 Stewart Title Company
Harnack Jared $275,600 Stewart Title Company
Hoglund Brett E $189,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Patrick $248,000
Previous Owner Harnack Jared $273,000
Previous Owner Hoglund Brett E $158,700
Previous Owner Hoglund Brett E $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $310,000 0.0% $188 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $310,000 +12.5% $188 / Sq Ft
05/27/2015 05/27/15 Sold $275,600 0.0% $201 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $275,600 -- $201 / 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 $3,596 $356,500 $94,000 $262,500
2022 $3,186 $317,600 $89,700 $227,900
2021 $2,830 $273,100 $49,100 $224,000
2020 $2,852 $246,100 $46,000 $200,100
2019 $2,612 $240,100 $46,000 $194,100
2018 $2,632 $223,600 $46,000 $177,600
2017 $2,810 $223,600 $46,000 $177,600
2016 $2,498 $237,900 $44,100 $193,800
2015 $2,558 $206,500 $40,000 $166,500
2014 $2,558 $206,500 $40,000 $166,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6087679

APN: 280003100330