NOT LISTED FOR SALE

5048 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $488,000 - $622,000

3 Beds
2 Baths
1,730 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $396,500 $229 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,318/month

46 Days on Market

Highlights

  • Heated Floors
  • 2.5 Acre Lot
  • No HOA
  • Hermantown Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of July 2020

Coming Soon - Each unit will be move in ready by Spring 2020 - Tour this beautiful quality built, new construction all on one level. 3 bedrooms, 2 bathroom townhome with an attached garage on 2.5 acres. Only a few minutes away from the schools and shopping. Luxury vinyl plank flooring throughout the entry, living, kitchen and dining areas. Kitchen features white cabinetry with granite countertops, stainless appliances, center island, and LED lighting. Open floor plan, so from the kitchen is the dining area with patio door to a wooded backyard and living room with gas fireplace. The master bedroom suite has a walk-in closet and master bath with tile flooring & tiled walk in luxury shower. Large laundry room/mud room with washer,dryer & sink. Mechanical features include gas combi-boiler/on-demand water heater, radiant in-floor heat throughout house & garage, ductless AC & air exchanger. Exterior finishing details include LP smart siding & trim, stone accents on front of house, stained entry door and overhead garage door, future asphalt driveway with concrete sidewalk, garage apron and sod. A brand new townhome home at an affordable price-it could be all yours!

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 04/24/2020

Last Buyer's Agent

Jamie Sathers-Day

JS Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $314

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 82.5'x1280.92'

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,730 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Open Floorplan
  • Heated Floors
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Ductless Heating Or Cooling System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0010-03972

Home Details

Home Type

Single Family

Est. Annual Taxes

$314

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Located on West Arrowhead Road, 1/4 mile east of Lavaque Road.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 229.19
  • Road Maintenance: Public
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • CondoPropertyType: Attached 3 Levels Or Less
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1730
  • Garage Type: Attached
  • Heat: Boiler, Fireplace, In Floor, Ductless/Mini Split, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2020
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Master, Master Walk-Thru, Private Master
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1730
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Under Construction
  • Exterior: Other

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Heat, Insulation
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No
  • Association Fee Frequency: Other

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-04-17
  • Estimated Lot Dimensions: 82.5'x1280.92'
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Parcel Number: 395-0010-03972

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jul 17, 2020
Sold by
Soumis Jesse R and Soumis Amanda
Bought by
Palmer Ann M
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Jamie Sathers-Day
JS Realty
List Price
$396,500
Sold Price
$396,500
Current Estimated Value
$544,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,247
Avg. Annual Appreciation
4.46%
Original Mortgage
$130,000
Outstanding Balance
$117,001
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$380,002

Purchase Details

Closed on
Aug 13, 2018
Sold by
Shrader David and Shrader Mary Jane
Bought by
Soumis Jesse R
Source: Public Records

Range of Values:

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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
Palmer Ann M $396,500 North Shore Title
Soumis Jesse R $30,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Ann M $130,000
Previous Owner Soumis Jesse R $256,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $396,500 0.0% $229 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $396,500 -- $229 / Sq Ft
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 $5,294 $362,400 $36,900 $325,500
2022 $2,260 $337,500 $36,300 $301,200
2021 $692 $294,700 $34,800 $259,900
2020 $314 $68,500 $34,500 $34,000
2019 $540 $23,500 $23,500 $0
2018 $460 $40,800 $40,800 $0
2017 $446 $35,300 $35,300 $0
2016 $426 $32,900 $32,900 $0
2015 $487 $35,800 $35,800 $0
2014 $487 $33,900 $33,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Sams

    Seller's Agent in 2020

    Eric Sams

    Messina & Associates Real Estate

    (218) 393-3087

    58 in this area

    390 Total Sales

    Eric Sams
    Section Image
  • Jamie Sathers-Day

    Buyer's Agent in 2020

    Jamie Sathers-Day

    JS Realty

    (218) 390-6541

    33 in this area

    377 Total Sales

    Jamie Sathers-Day
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089373

APN: 395001003972

Minnesota St Louis County Hermantown 55811

5048 W Arrowhead Rd, Hermantown, MN

This home is located at 5048 W Arrowhead Rd, Hermantown, MN 55811 since 24 April 2020 and is currently estimated at $544,747, approximately $314 per square foot. This property was built in 2020. 5048 W Arrowhead Rd is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.

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