NOT LISTED FOR SALE

5057 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $760,790 - $851,000

4 Beds
3.5 Baths
3,520 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $546,000 $155 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,150/month

130 Days on Market

Highlights

  • Heated Floors
  • 11 Acre Lot
  • Contemporary Architecture
  • Hermantown Elementary School Rated A-
  • Two Primary Bathrooms
  • Pond

About This Home

As of December 2019

Don't miss this truly one of a kind property! You will be amazed when you drive into this park like 11 acre property with city utilities. This 4 bedroom, 4 bathroom home has it all. Main level features a large granite kitchen with center island, stainless steel appliances, pantry and more. Large great room with brick fireplace overlooking private back yard, den with double doors for an extra get away space. Beautiful home office with custom built-ins. A master suite with patio doors to your own private pond and sitting area, double sinks, jacuzzi tub and shower. Mother-in-law private bedroom that serves as a second master bedroom. Upstairs are 2 large bedrooms each having a 1/2 bath and sharing a Jack & Jill shower. Don't miss the large bonus room off each bedroom for your own private study area. There is an extra space for a home business that was used for a beauty salon but could be transformed to accommodate. Outside there is a large inviting patio and lots of landscape. Plenty of extra space with a 3 car attached garage plus a 3 car detached garage for your toys. Property also has a large pond, your own private walking trails, and much more. For those who want the luxury of working from home, this seller has run a home business out of their home. Conveniently located 1 mile from the Hermantown schools and 4 miles from the mall.

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 05/24/2019

Last Buyer's Agent

Deena Shykes

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,456

Year Built

  • Built in 1999

Lot Details

  • 11 Acre Lot
  • Lot Dimensions are 375 x 1285
  • Landscaped
  • Many Trees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 3,520 Sq Ft Home
  • Multi-Level Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Workshop
  • Storage Room
  • Utility Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Pond
  • Patio
  • Storage Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 395-0070-00376

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,456

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Arrowhead Rd between Lavaque & Stebner
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 155.11
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Main Floor Laundry
  • Amenities Exterior: Patio, Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3520
  • Garage Type: Attached, Detached
  • Heat: Boiler, Fireplace, Forced Air, In Floor, Wood, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Bedroom 3: Great Room
  • TotalBedrooms: 4
  • Year Built: 1999
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Upper
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: 3
  • Level 2 Three Quarter Bathrooms: 1
  • Bathroom Description: 3/4 Master, Full Master, 1/2 Main Floor, Private Master, Separate Tub & Shower, Two Master Baths
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen
  • Extra Rooms: Den/Office, Family/Rec, Mud Room, Pantry, Storage Room, Utility Room, Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Den/Office
  • Stories: 1.25 - 1.75 Story
  • Room 6: Master Bedroom
  • Room 7: Bathroom
  • Room 8: Bedroom
  • Room 9: Other
  • Total Bathrooms: 4
  • Total Fin Square Footage: 3520
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Brick, Steel

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 6
  • ParkingFeaturesGarageDimensions: 26x40, 36x32

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-05-24
  • Estimated Lot Dimensions: 375 x 1285
  • Estimated Number of Acres: 11
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Heavy, Pond
  • Parcel Number: 395-0070-00376

Rental Info

  • Lease Terms: Cash, Conventional, FHA

Tax Info

  • Tax Amount: 8456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Dec 6, 2019
Sold by
Shrader David L and Shrader Mary Jane
Bought by
Hokanson David and Hokanson Miriam
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Deena Shykes
RE/MAX Results
List Price
$546,000
Sold Price
$546,000
Current Estimated Value
$815,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,930
Avg. Annual Appreciation
8.69%
Original Mortgage
$278,000
Outstanding Balance
$246,097
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$638,563
Source: Public Records

Range of Values:

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Average Value
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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
Hokanson David $546,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hokanson David $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $546,000 0.0% $155 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $546,000 -- $155 / 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 $10,092 $633,200 $76,600 $556,600
2022 $8,918 $632,900 $74,800 $558,100
2021 $8,492 $551,600 $70,200 $481,400
2020 $8,732 $541,400 $69,100 $472,300
2019 $8,456 $544,300 $64,800 $479,500
2018 $7,634 $538,800 $59,300 $479,500
2017 $7,108 $495,900 $54,500 $441,400
2016 $6,620 $472,700 $52,400 $420,300
2015 $5,911 $431,400 $56,300 $375,100
2014 $5,911 $410,400 $53,100 $357,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083162

APN: 395007000376