NOT LISTED FOR SALE

5080 Willoughby Ln Hermantown, MN 55810

Estimated Value: $472,000 - $634,000

3 Beds
2.5 Baths
2,100 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $499,000 $238 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,304/month

15 Days on Market

Highlights

  • 5 Acre Lot
  • Deck
  • Mud Room
  • Hermantown Elementary School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of October 2023

Located at the end of a private drive just off Lavaque Rd in Hermantown sits this immaculate 3 bed, 3 bath, 2 story home on a slab with 5 private acres! The home has been meticulously cared for with plenty of garage space, having both attached and detached garages! Enjoy exploring the woods & having access to the 'Hermantown Missing Link' snowmobile trail that is adjacent to the back property line! This trail leads to the Willard Munger and North Shore State trails! There are 3 beds up, including a primary bedroom with private ensuite and spacious walk-in closet! You'll love relaxing in the jetted tub & the convenience of the main floor powder room, and laundry just off the mud room. There are a number of updates and new features that make this home efficient and low maintenance! Newer windows, flooring, interior and exterior doors, maintenance free composite decking, foam-back vinyl siding, and much more! Enjoy the open kitchen, dining, & living area with a freestanding gas fireplace to stay cozy during those chilly winter nights! There is a walk-out patio door leading to the expansive back deck that is great for entertaining! This home is well insulated and maintains low utility costs while providing substantial comfort! The wireless thermostat lets you see and control the temp from practically anywhere! You'll love the attached garages, connected to the mud room, and the hidden storage space up in the attic with ladder access! There is a very nice formal dining area which could also serve as a great home office, or bonus room to use as you wish! Come on out and see the rest for yourself!

Last Agent to Sell the Property

WJ River Rockenstein

Messina & Associates Real Estate Listed on: 08/16/2023

Last Buyer's Agent

Nancy Murphy

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1994

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Security System
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

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

Parking

  • 3 Car Garage
  • Insulated Garage

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0014-00184

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Lavaque Rd to Willoughby Ln/ Private Drive,
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 237.62
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Security System, Walk-In Closet, Main Floor Laundry
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2100
  • Garage Type: Attached, Detached
  • Heat: Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Room 10: Foyer
  • Room 11: Bathroom
  • Room 12: Bathroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Second Floor
  • RoomLevel12: Second Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 1/2 Main Floor, Private Master, Full Upper
  • Formal Dining: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Mud Room
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2100
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Other, Vinyl

Garage/Parking

  • Garage Features: Electrical Service, Insulation, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 20.11 x 22.6

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-08-16
  • Estimated Lot Dimensions: 330x660
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0014-00184

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 4980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 27, 2023
Sold by
Merrifield Arthur E and Merrifield Jeanne M
Bought by
Blair Logan J and Blair Zachary S
Seller's Agent
WJ River Rockenstein
Messina & Associates Real Estate
Buyer's Agent
Nancy Murphy
Century 21 Atwood
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$542,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,158
Avg. Annual Appreciation
2.29%
Original Mortgage
$424,150
Outstanding Balance
$418,176
Interest Rate
7.19%
Mortgage Type
VA
Estimated Equity
$101,585
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
Blair Logan J $499,000 The Title Team - North Shore
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Logan J $424,150
Previous Owner Merrifield Arthur E $23,325
Previous Owner Merrifield Arthur E $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $499,000 0.0% $238 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $499,000 -- $238 / 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 $4,020 $364,400 $74,300 $290,100
2022 $4,696 $346,900 $74,300 $272,600
2021 $4,444 $305,000 $69,500 $235,500
2020 $4,500 $297,100 $68,000 $229,100
2019 $4,252 $294,700 $80,200 $214,500
2018 $3,826 $285,200 $70,700 $214,500
2017 $3,514 $260,200 $62,500 $197,700
2016 $3,268 $246,500 $58,600 $187,900
2015 $2,749 $201,900 $59,100 $142,800
2014 $2,749 $189,700 $55,000 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110069

APN: 395001400184