NOT LISTED FOR SALE

5065 Parsons Point Rd Duluth, MN 55803

Estimated Value: $1,069,000 - $1,272,080

4 Beds
4 Baths
3,934 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $950,000 $241 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,089/month

29 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Docks
  • Hermantown Elementary School Rated A-
  • Community Boat Slip
  • Spa

About This Home

As of September 2020

Ready to fall in love with this one of a kind, one level home sitting on roughly 3.7 acres with one of the best settings on Island Lake?! 5065 Parsons Point Rd was custom built from floor to ceiling with nothing but quality materials throughout! As you walk inside this custom-built home, you will marvel at everything this home has to offer. Some of the incredible features are: marble flooring tiles from Italy, in-floor heat, custom quality cherry cabinets and doors, outstanding hand painted murals, large floor to ceiling windows that give you breathtaking views of Island Lake and the private scenery that surrounds you. Enjoy the large kitchen that gives you the opportunity to entertain friends and family as it is open to the living room and beautiful dining room. Kohler fixtures, a large center island with barstool seating, subzero refrigerator, butler’s pantry with wet bar and storage space makes this the kitchen you have been looking for! If you are wanting a formal meal with friends and family, you can do so in the dining room area that features a gorgeous window, built-in hutch and wine rack! The living room has a gas fireplace, built-ins, lake views and access to the backyard and patio. Going to the private master bedroom ensuite, you will be in awe with what this room has to offer! Another gas fireplace, custom built-ins, an extra-large walk-in closet, built-in makeup vanity, spacious walk-in shower, large jetted tub and private access to the backyard patio. There is an office/den that can easily be used as a guest bedroom if needed with a ¾ bathroom! There recently has been a major remodel, three spacious bedrooms with walk-in closets, a full bathroom and a mud room! The laundry room has extra cabinet space, large countertop for folding, ¾ bathroom, sauna and steam room. A two-car attached garage and utility room with new epoxy floors! As you explore throughout the property, listening to the sounds of nature, you will enjoy the landscaped gardens, tiered waterfalls which empty into a pond beside the lakeside patio with fire pit, sandy beach along the 1,000+ shoreline, boathouse, dock and private swimming bay complete with a large swim raft, indoor and outdoor music system and a 2-car detached garage for yard toys. Privacy abounds at this location making you will feel as if you are on your own private island! This is the home for entertaining friends, family, sitting back and relaxing every single day!

Last Agent to Sell the Property

Frank Messina

Messina & Associates Real Estate Listed on: 07/02/2020

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,410

Year Built

  • Built in 2002

Lot Details

  • 3.07 Acre Lot
  • Private Waterfront
  • 1,000 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees
  • Land Lease of $5,593

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 3,934 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Utility Room
  • Laundry on main level
  • Sauna
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Pond
  • Patio
  • Outdoor Water Feature

Utilities

  • Central Air
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Water Softener is Owned
  • Private Sewer

Community Details

  • Community Boat Slip

Listing and Financial Details

  • Assessor Parcel Number 365-6000-21520

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,410

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Lavaque Rd to Island Lake Dam Rd and continue straight, turn right onto Parsons Point Rd, home will be on the left.
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 5592.5
  • List Price/ Sq Ft: 241.48
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Garage Door Opener, Kitchen Center Island, Sauna, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Foyer Entry, Patio Door, Main Floor Laundry
  • Amenities Exterior: Boat Slip, Dock, Hot Tub, Inground Spinkler System, Patio, Water Feature, Watering System
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3934
  • Garage Type: Attached, Detached
  • Heat: Boiler, Fireplace, In Floor, Hot Water, Propane
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 2002
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: Full Master, 3/4 Main Floor, Full Main Floor
  • Formal Dining: Breakfast Bar, Combine with Kitchen
  • Extra Rooms: Mud Room, Pantry, Spa/Sauna, Utility Room, Entry
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Total Bathrooms: 4
  • Total Fin Square Footage: 3934
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 1000
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Stucco

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-07-02
  • Estimated Lot Dimensions: IRREGULAR
  • Estimated Number of Acres: 3.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium, Pond
  • Parcel Number: 365-6000-21520
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 11410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2024
Sold by
Allete Inc
Bought by
Chamberlain Brent and Chamberlain Marydee
Current Estimated Value
$1,157,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,778
Outstanding Balance
$94,186
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$1,063,507
Source: Public Records

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
Chamberlain Brent $232,648 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamberlain Brent $95,778
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $950,000 0.0% $241 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $950,000 -- $241 / 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 $11,408 $997,400 $284,300 $713,100
2022 $12,744 $997,400 $284,300 $713,100
2021 $11,040 $932,500 $284,300 $648,200
2020 $11,410 $816,500 $223,700 $592,800
2019 $11,302 $816,500 $223,700 $592,800
2018 $11,482 $816,500 $223,700 $592,800
2017 $11,402 $816,500 $223,700 $592,800
2016 $10,652 $816,500 $223,700 $592,800
2015 $9,332 $685,700 $96,000 $589,700
2014 $9,332 $685,700 $96,000 $589,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091336

APN: 365600021520