NOT LISTED FOR SALE

5040 NW Island Lake Rd Duluth, MN 55803

Estimated Value: $153,000 - $471,485

2 Beds
1 Bath
1,314 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 5040 NW Island Lake Rd, Duluth, MN 55803 and is currently estimated at $329,371, approximately $250 per square foot. 5040 NW Island Lake Rd is a home located in St. Louis County with nearby schools including South Ridge Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Allete Inc
Bought by
Riesland Daniel and Riesland Phyllis
Current Estimated Value
$329,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,960
Outstanding Balance
$153,120
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$176,251
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Riesland Daniel $154,960 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riesland Daniel $154,960
Source: Public Records

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 $3,202 $334,700 $190,400 $144,300
2022 $3,202 $334,700 $190,400 $144,300
2021 $3,238 $322,400 $190,400 $132,000
2020 $3,314 $275,500 $149,000 $126,500
2019 $3,292 $275,500 $149,000 $126,500
2018 $3,352 $275,500 $149,000 $126,500
2017 $3,384 $275,500 $149,000 $126,500
2016 $3,070 $275,500 $149,000 $126,500
2015 $2,502 $261,200 $133,800 $127,400
2014 $2,502 $247,500 $126,800 $120,700
Source: Public Records

Map

Minnesota St Louis County Duluth 55803

5040 NW Island Lake Rd, Duluth, MN

This home is located at 5040 NW Island Lake Rd, Duluth, MN 55803 and is currently estimated at $329,371, approximately $250 per square foot. 5040 NW Island Lake Rd is a home located in St. Louis County with nearby schools including South Ridge Elementary School.

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