NOT LISTED FOR SALE

5038 Red Cedar St Duluth, MN 55811

Estimated Value: $740,000 - $806,362

3 Beds
2.5 Baths
3,360 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 12, 2012

Last sale price $425,000 $126 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,853/month

97 Days on Market

Highlights

  • New Construction
  • Heated Floors
  • Deck
  • Hermantown Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of May 2012

NEXT TO NEW gorgeous home located in prestigious Hidden Creek Preserve. Front tiled entry invites you in & welcomes you to large vaulted living room w/gas fireplace & hickory floors. Dream kitchen w/granite, lg pantry w/pull-outs, eat-in area & brkfst bar. Huge back entry with storage, pwd bath & laundry rm. Formal dining & master suite w/tiled glass shower, tub & big master closet on main level. Lower level has 29x21 family rm w/another gas fireplace, LL walk-out to gorgeous backyard, 2 nice sized bedrooms, both w/walk-in closets, full bath w/ 2 sinks & an office/den/exercise room. 28x12 cedar deck, concrete front porch, central vac, pre-wired for security system, surround sound, concrete driveway & more! Priced to sell! Listed way below market value.

Last Agent to Sell the Property

Jodi Olson

CENTURY 21 Gilderman Listed on: 01/16/2012

Last Buyer's Agent

Jeffrey Digle

RE/MAX 1 - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,778

Year Built

  • 2010

Lot Details

  • 0.6

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Insulated Concrete Forms
  • Asphalt Shingled Roof
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Data
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System

Additional Features

  • Air Exchanger
  • 0.6 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 395-0113-00170

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,778

Year Built

2010

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Ethernet Wired, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.6
  • Construction: Completed New Construction
  • Foundation Size: 3600
  • Mechanicals: Air to Air Exchange, Central Vacuum
  • New Development: Yes
  • Parcel Number: 395-0113-00170
  • Projected Closed Date: 05/15/2012
  • Stories: 1 Story
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen, Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Master Walk-Thru, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x18, On Level: Main
  • Room 2: Kitchen, 20.10x13.6, On Level: Main
  • Room 3: Dining Room, 12x12, On Level: Main
  • Room 4: Foyer, 10.8x8.8, On Level: Main
  • Room 5: Sunroom/Solarium, 8.7x10.9, On Level: Main
  • Room 6: Bedroom, 15.4x13.10, On Level: Main
  • Room 7: 29x21, On Level: Lower
  • Room 8: Den/Office, 15x15, On Level: Lower
  • Room 9: Storage Room, 20.8x12.9, On Level: Main
  • Room 10: Bedroom, 15x10.10, On Level: Lower
  • Room 11: Bedroom, 14x11.8, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1800
  • Below Grade Finished Sq Ft: 1560
  • Total Fin Square Footage: 3360
  • Total Square Footage: 3600

Exterior Features

  • Frontage Road: City, Sidewalk
  • Construction Type: Frame/Wood, Insulating Concrete Forms
  • Exterior: Cement Board, Cement Block, Stone
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Boiler, Fireplace, Forced Air, In Floor
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 400

Lot Info

  • Estimated Lot Dimensions: 223x80+229x95 irreg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
May 15, 2012
Sold by
Timm Jennifer and The Jennifer Timm Revocable Tr
Bought by
Westermann Schley Jeffrey A Westermann and Westermann Schley Karen K
Seller's Agent
Jodi Olson
CENTURY 21 Gilderman
Buyer's Agent
Jeffrey Digle
RE/MAX 1 - Duluth
List Price
$469,900
Sold Price
$425,000
Premium/Discount to List
-$44,900
-9.56%
Current Estimated Value
$765,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,121
Avg. Annual Appreciation
4.46%
Original Mortgage
$340,000
Outstanding Balance
$234,620
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$530,501

Purchase Details

Closed on
Dec 7, 2010
Sold by
Timm David G and Timm Jennifer V
Bought by
The Jennifer Timm Revocable Trust

Purchase Details

Closed on
May 28, 2010
Sold by
Johnson Paul M and Johnson Alison J
Bought by
Timm David and Timm Jennifer

Purchase Details

Closed on
Feb 10, 2006
Sold by
White Pine Development Inc
Bought by
Johnson Paul M and Johnson Alison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Westermann Schley Jeffrey A Westermann $425,000 Rels Title
The Jennifer Timm Revocable Trust -- None Available
Timm David $86,000 Consolidated Title
Johnson Paul M $82,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westermann Schley Jeffrey A Westermann $340,000
Previous Owner Johnson Paul M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2012 05/12/12 Sold $425,000 -9.6% $126 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $469,900 -- $140 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $9,778 $674,000 $105,700 $568,300
2023 $9,778 $635,700 $80,100 $555,600
2022 $8,002 $565,900 $78,600 $487,300
2021 $7,724 $504,400 $77,000 $427,400
2020 $7,672 $500,600 $73,200 $427,400
2019 $7,170 $486,900 $87,000 $399,900
2018 $6,790 $464,100 $73,900 $390,200
2017 $6,510 $440,900 $73,900 $367,000
2016 $6,062 $432,800 $70,700 $362,100
2015 $6,084 $422,400 $71,100 $351,300
2014 $6,084 $422,400 $71,100 $351,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4221761

REALTOR® Association of Southern Minnesota

APN: 395011300170