NOT LISTED FOR SALE

5046 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $462,000 - $518,255

4 Beds
2 Baths
2,742 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $450,000 $164 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,042/month

50 Days on Market

Highlights

  • 217,800 Sq Ft lot
  • Fireplace in Primary Bedroom
  • No HOA
  • Hermantown Elementary School Rated A-
  • Recreation Room
  • Den

About This Home

As of January 2024

Look no further than this spacious home in Hermantown! As you step into this beautiful property, you're immediately greeted by a warm and cozy atmosphere that welcomes you home. The property features an open and semi updated kitchen and dining area that's perfect for entertaining guests or having a family meal. The living room, with its great natural lighting, is a perfect spot for relaxation after a long day. The main level boasts two spacious bedrooms and a full bath. The upper level is home to a massive master bedroom, with a private sitting room, balcony deck with screened porch, private master bath, walk-in closet, and laundry room. On the lower level, you'll find a rec room, bedroom, 3/4 bath, workshop/utility room. If you're someone who enjoys the outdoors, you'll love the backyard at this property. Large deck, complete with a pool and hot tub, provides a stunning view of the backyard.

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 163x1306

Parking

  • 6 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Living Room
  • Den
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Hermantown City Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 395001003960

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

Built in 1978

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1608
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Fireplace Features: Gas, Primary Bedroom
  • Living Area: 2742
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1134
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Den, Bedroom 2, Bedroom 3, Laundry, Recreation Room, Bedroom 4, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Asphalt

Utilities

  • Heating: Baseboard, Dual
  • Sewer: City Sewer/Connected
  • Fuel: Electric
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hermantown
  • SchoolDistrictPhone: 218-729-9313

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 163x1306
  • Lot Size Sq Ft: 217800
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 395001003960
  • Tax Annual Amount: 5248
  • TaxWithAssessments: 5248.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 28, 2023
Sold by
Perdue Tanner
Bought by
Borchardt Zachary and Wasner Candace
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Views
245
Current Estimated Value
$493,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,314
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Aug 4, 2021
Sold by
Perdue Shannon Marie
Bought by
Perdue Tanner Steven

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 20, 2019
Sold by
Anderson June M and Morgel Randolph R
Bought by
Perdue Tanner S and Perdue Shannon
Seller's Agent
Mary Binsfield
Coldwell Banker Realty - Iron River
Buyer's Agent
Marta Swierc
RE/MAX Results
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$356,385
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Feb 19, 2007
Sold by
Anderson June M and Morgel Randy
Bought by
Morgel Randy and Anderson June M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Borchardt Zachary $45,000 --
Perdue Tanner Steven -- None Available
Perdue Tanner S $355,454 Authority Title Inc
Morgel Randy -- Title & Closing Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perdue Tanner S $356,385
Previous Owner Morgel Randy $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2024 01/03/24 Sold $450,000 -3.2% $164 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $465,000 -2.1% $170 / Sq Ft
11/09/2023 11/09/23 Price Changed $475,000 -2.1% $173 / Sq Ft
10/26/2023 10/26/23 For Sale $485,000 +40.6% $177 / Sq Ft
05/20/2019 05/20/19 Sold $345,000 0.0% $136 / Sq Ft View Prior Sale
03/31/2019 03/31/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $345,000 -- $136 / Sq Ft
Source: NorthstarMLS

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 $5,516 $402,000 $64,200 $337,800
2023 $5,516 $405,200 $60,000 $345,200
2022 $5,248 $378,100 $58,700 $319,400
2021 $4,804 $331,000 $55,400 $275,600
2020 $4,402 $310,900 $54,700 $256,200
2019 $4,266 $287,700 $53,400 $234,300
2018 $3,900 $284,800 $50,500 $234,300
2017 $3,614 $263,700 $48,000 $215,700
2016 $3,362 $251,800 $46,600 $205,200
2015 $3,077 $225,400 $45,900 $179,500
2014 $3,077 $212,600 $43,100 $169,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2024

    NON-RMLS NON-RMLS

    Non-MLS

  • M

    Seller's Agent in 2019

    Mary Binsfield

    Coldwell Banker Realty - Iron River

    (218) 310-5219

    29 Total Sales

    Mary Binsfield
    Section Image
  • Marta Swierc

    Buyer's Agent in 2019

    Marta Swierc

    RE/MAX

    (218) 730-7875

    7 in this area

    157 Total Sales

    Marta Swierc
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6453298

NorthstarMLS

APN: 395001003960

Minnesota St Louis County Hermantown 55811

5046 W Arrowhead Rd, Hermantown, MN

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