NOT LISTED FOR SALE

5042 Parsons Point Rd Duluth, MN 55803

Estimated Value: $2,058,368

3 Beds
2 Baths
2,220 Sq Ft
$927/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $640,000 $288 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $12,971/month

5 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Main Floor Primary Bedroom
  • Hermantown Elementary School Rated A-
  • Lake View
  • 5 Car Attached Garage

About This Home

As of October 2021

A unique and fun Island Lake year round home or your easy to access "cabin"! Truly one of a kind "Morton" building turned home and fantastic garage & storage garage! Walk into almost 18 ft ceilings with a wide open floor plan, main floor Master plus a bath, lofted 2 more bedroom plus a full bath and an attached garage large enough for game room, basketball hoop, boat storage, 4 wheeler storage, a utility sink, more storage, a workshop area ....and the list goes on! ENJOY THE DREAM of having a Lake Home close to town! A level lot that slopes ever so gradually to the lake in this attractive home! A covered concrete front porch to sit in your hot tub, a firepit, woods surrounding you in privacy, a beach with your own peninsula area...build the kids a little fort out there! Enter a "rustic:" feel with soaring basswood ceilings, a built in bar, an open kitchen with center island, a fireplace, yet, have a spacious main floor Master with a stackable laundry in your closet, a tiled 3/4 bath on the main level, guests and kids can walk up the stairs and love the spacious 2 bedrooms up with another full bath and plenty of closet and storage up there! The heated garage is attached and becomes part of your square footage with room for the ping pong table and games... Indoor entertaining, grad parties, weekend getaways and fun for all in this Entertainment Central - type home! Walk down to the dock and head out on the pontoon, jet ski out to the big lake, fish, swim, kayak, paddleboard off your beach or peninsula or take in the SUN on sought after ISLAND LAKE!

Last Agent to Sell the Property

Deanna Bennett

Messina & Associates Real Estate Listed on: 08/20/2021

Last Buyer's Agent

Chad Jones

Northern Premier, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 2014

Lot Details

  • 2.5 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Land Lease of $2,995

Home Design

  • Slab Foundation
  • Metal Roof
  • Steel Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entryway
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Parking

  • 5 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Docks

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 365-6000-21620

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,716

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Heading North on Lavaque Rd, at the intersection by the Minnoette keep going straight on Island Lake Dam Rd to a Right on Parsons Point Rd to property on the Right.
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 2995
  • List Price/ Sq Ft: 288.29
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Ceiling Fans, Main Floor Laundry
  • Amenities Exterior: Dock
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 2220
  • Garage Type: Attached
  • Heat: Baseboard, Forced Air, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2014
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: 3/4 Main Floor, Full Upper
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Entry
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2220
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 5

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-08-20
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline
  • Parcel Number: 365-6000-21620
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Mccullough Gerald and Mccullough Cindy
Bought by
Mcclure Andrew and Mcclure Amy
Current Estimated Value
$2,058,368

Purchase Details

Closed on
Aug 1, 2023
Sold by
Minnesota Power
Bought by
Zobitz Charles E and Zobitz Christine A
Source: Public Records

Range of Values:

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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
Mcclure Andrew $600,000 --
Zobitz Charles E $132,078 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2021 10/07/21 Sold $640,000 0.0% $288 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $640,000 +245.9% $288 / Sq Ft
07/13/2012 07/13/12 Sold $185,000 -7.5% -- View Prior Sale
06/14/2012 06/14/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $199,900 -- --
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 -- $0 $0 $0
2022 $58 $2,300 $2,300 $0
2021 $82 $1,900 $1,900 $0
2020 $86 $2,700 $2,700 $0
2019 $88 $2,700 $2,700 $0
2018 $76 $2,700 $2,700 $0
2017 $76 $2,300 $2,300 $0
2016 $76 $2,300 $2,300 $0
2014 $544 $15,300 $15,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6099177

APN: 365001002450