NOT LISTED FOR SALE

5059 Arnold Rd Duluth, MN 55803

Estimated Value: $310,000 - $366,414

4 Beds
2 Baths
1,804 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 26, 2023

Last sale price $315,000 $175 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,061/month

24 Days on Market

Highlights

  • 217,800 Sq Ft lot
  • Deck
  • Living Room
  • Homecroft Elementary School Rated A-
  • No HOA
  • Storage Room

About This Home

As of December 2023

This spacious and inviting home sits on a sprawling 5-acre parcel of land in the tranquil countryside, offering the perfect blend of serenity and convenience. Boasting 4 bedrooms and 2 bathrooms, with the potential to convert a bonus space into a fifth bedroom, this residence provides ample space for a growing family. Nestled in a welcoming and close-knit neighborhood, it offers easy access to Rice Lake Park, making outdoor adventures a breeze.Enjoy the best of both worlds – the peaceful seclusion of the countryside and the proximity to all essential amenities, making it an ideal haven for a family seeking a harmonious lifestyle.

Last Agent to Sell the Property

Kris Lindahl

Kris Lindahl Real Estate Listed on: 11/09/2023

Kris Lindahl Real Estate

Co-Listed By

NON-RMLS NON-RMLS

Non-MLS

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1960

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x650

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • Living Room
  • Storage Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Boiler Heating System
  • Propane
  • Dug Well

Community Details

  • No Home Owners Association
  • Rice Lake City Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 520001603090

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,140

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, Dug
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1100
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Walkout
  • Living Area: 1804
  • Fireplace: No
  • Below Grade Finished Sq Ft: 704
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Other Room, Storage, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Age 8 Years or Less
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 720

Utilities

  • Heating: Boiler
  • Sewer: Mound Septic
  • Fuel: Propane
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Duluth
  • SchoolDistrictNumber: 709
  • SchoolDistrictPhone: 218-336-8700

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 330x650
  • 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: 520001603090
  • TaxWithAssessments: 25.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 21, 2023
Sold by
Nolte Nancy K
Bought by
Gillmore Zachary and Owens Tracy
Seller's Agent
Kris Lindahl
Kris Lindahl Real Estate
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$332,000
Sold Price
$315,000
Premium/Discount to List
-$17,000
-5.12%
Views
215
Current Estimated Value
$338,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,104
Avg. Annual Appreciation
4.56%
Original Mortgage
$314,950
Outstanding Balance
$310,938
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$25,572

Purchase Details

Closed on
Sep 21, 2004
Sold by
Holte John and Holte Nancy K
Bought by
Holte John and Holte Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Holte John and Holte Nancy K
Bought by
Rankin Joy A and Holte Michael F
Source: Public Records

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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
Gillmore Zachary $315,000 First American Title
Holte John -- Scenic Title
Rankin Joy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillmore Zachary $314,950
Previous Owner Holte John $220,000
Previous Owner Holte John $152,000
Previous Owner Holte John $153,000
Previous Owner Holte John $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2023 12/26/23 Sold $315,000 -5.1% $175 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $332,000 +5.4% $184 / Sq Ft
11/21/2023 11/21/23 Off Market $315,000 -- --
11/09/2023 11/09/23 For Sale $332,000 -- $184 / 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
2023 $2,140 $294,800 $86,300 $208,500
2022 $25 $274,400 $86,300 $188,100
2021 $25 $202,300 $40,600 $161,700
2020 $25 $194,100 $39,600 $154,500
2019 $25 $194,100 $39,600 $154,500
2018 $25 $191,200 $39,600 $151,600
2017 $25 $179,700 $38,300 $141,400
2016 -- $153,300 $37,500 $115,800
2015 $18 $0 $0 $0
2014 $18 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6454317

NorthstarMLS

APN: 520001603090