NOT LISTED FOR SALE

5045 Hanson Rd Hermantown, MN 55810

Estimated Value: $322,000 - $374,000

3 Beds
1.5 Baths
1,518 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $80,843 $53 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $2,140/month

168 Days on Market

Highlights

  • 2.5 Acre Lot
  • 4 Car Detached Garage
  • Wood Siding
  • Hermantown Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2014

Nice spacious home with a great yard close to everything Hermantown, Proctor and Duluth has to offer. 2 large garages to store all your toys and keep your car out of the cold and snow. See attachment for PAS requirements and WFHM offer submittal information in MLS document section

Last Agent to Sell the Property

Timothy Collelo

Tim Collelo Realty, LLC Listed on: 01/10/2014

Last Buyer's Agent

Timothy Collelo

Tim Collelo Realty, LLC Listed on: 01/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,224

Year Built

  • 1970

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 275x396

Parking

  • 4 Car Detached Garage

Home Design

  • Slab Foundation
  • Poured Concrete
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Boiler Heating System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 395-0014-00132

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,224

Year Built

1970

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 2.5
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1518
  • Parcel Number: 395-0014-00132
  • Stories: 1 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 26x12, On Level: Main
  • Room 2: Kitchen, 22x9, On Level: Main
  • Room 3: Master Bedroom, 11x17, On Level: Main
  • Room 4: Bedroom, 11x11, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1518
  • Total Fin Square Footage: 1518
  • Total Square Footage: 1518

Exterior Features

  • Construction Type: Manufactured
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Fuel: Propane - Tank Owned, Wood
  • Heat: Boiler
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 275X396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2014
Closed on
Aug 6, 2014
Sold by
Wells Fargo Bank Na
Bought by
Shofner Daniel
Seller's Agent
Timothy Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Timothy Collelo
Tim Collelo Realty, LLC
List Price
$84,900
Sold Price
$80,843
Premium/Discount to List
-$4,057
-4.78%
Current Estimated Value
$354,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,417
Avg. Annual Appreciation
13.96%
Original Mortgage
$64,674
Outstanding Balance
$41,383
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$312,877

Purchase Details

Closed on
Jan 9, 2013
Sold by
Hanson Terry E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 15, 2002
Sold by
Hanson Delores J
Bought by
Hanson Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shofner Daniel $80,842 Land Title Inc
Wells Fargo Bank Na $65,351 None Available
Hanson Terry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shofner Daniel $64,674
Previous Owner Hanson Terry E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $80,843 -4.8% $53 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $84,900 -- $56 / 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 $3,224 $255,800 $45,400 $210,400
2023 $3,224 $231,500 $43,600 $187,900
2022 $2,798 $220,100 $43,600 $176,500
2021 $2,644 $193,900 $41,300 $152,600
2020 $2,940 $188,800 $40,500 $148,300
2019 $3,034 $203,000 $63,500 $139,500
2018 $2,458 $195,400 $55,900 $139,500
2017 $2,248 $177,800 $49,300 $128,500
2016 $2,088 $168,400 $46,100 $122,300
2015 $1,256 $85,900 $31,700 $54,200
2014 $1,256 $85,600 $31,600 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4569212

REALTOR® Association of Southern Minnesota

APN: 395001400132