NOT LISTED FOR SALE

5061 Lakewood Rd Duluth, MN 55804

Estimated Value: $432,000 - $508,000

4 Beds
2 Baths
1,523 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 5061 Lakewood Rd, Duluth, MN 55804 and is currently estimated at $460,817, approximately $302 per square foot. 5061 Lakewood Rd is a home located in St. Louis County with nearby schools including Lester Park Elementary School, Ordean East Middle School, and East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Nelson David J and Nelson Elizabeth L
Bought by
Lake Superior Ventures Llc
Current Estimated Value
$460,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,223,200
Outstanding Balance
$1,114,665
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$674,039

Purchase Details

Closed on
Dec 1, 2006
Sold by
Nelson David J and Nelson Elizabeth L
Bought by
Archambault Shawn and Archambault Jackie

Purchase Details

Closed on
Nov 19, 2002
Sold by
Nelson Walter H and Nelson Jane I
Bought by
Nelson David J and Nelson Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.01%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 14, 2002
Sold by
Szarke John P and Szarke Lynn M
Bought by
Nelson Walter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.01%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lake Superior Ventures Llc -- First Amer Ttl Ins Co
Archambault Shawn $260,000 None Available
Nelson David J -- Consolidated Title
Nelson Walter H $192,000 Consolidated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Superior Ventures Llc $1,223,200
Previous Owner Nelson Walter H $60,000
Previous Owner Nelson Walter H $153,600
Closed Archambault Shawn $0
Source: Public Records

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 $3,792 $328,800 $71,500 $257,300
2022 $3,848 $325,700 $68,400 $257,300
2021 $3,744 $288,300 $44,400 $243,900
2020 $3,756 $281,200 $37,300 $243,900
2019 $3,788 $274,900 $37,300 $237,600
2018 $3,200 $274,900 $37,300 $237,600
2017 $3,410 $244,300 $34,000 $210,300
2016 $3,154 $256,500 $46,800 $209,700
2015 $3,297 $238,000 $46,800 $191,200
2014 $3,297 $238,000 $46,800 $191,200
Source: Public Records

Map

Minnesota St Louis County Duluth 55804

5061 Lakewood Rd, Duluth, MN

This home is located at 5061 Lakewood Rd, Duluth, MN 55804 and is currently estimated at $460,817, approximately $302 per square foot. 5061 Lakewood Rd is a home located in St. Louis County with nearby schools including Lester Park Elementary School, Ordean East Middle School, and East High School.

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