NOT LISTED FOR SALE

5087 Lockwood Ln Duluth, MN 55803

Duluth Area

Estimated Value: $439,546 - $522,000

4 Beds
2 Baths
2,212 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2022

Last sale price $345,000 $156 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,884 / mo

29 Days on Market

Highlights

  • Spa
  • Deck
  • Main Floor Primary Bedroom
  • Hermantown Elementary School Rated A-
  • Recreation Room
  • 2 Fireplaces

About This Home

As of July 2022

Sitting on an easily accessible road on 2.75 acres, this 4 bedroom, 2 bath,Split level complete with above ground pool, oversized garage/storage building and a fenced rear lot provides spaces you've longed for! Walk in from the 2 car attached garage or the tiled entry and up to an open living room, dining room/kitchen area with sliders to a deck overlooking your rear lot! 2 bedrooms upstairs with a 3/4 bath and 2 bedrooms on the lower level with a 3/4 bath provide square footage for everyone! Enjoy entertaining in the lower level with a built in bar/ hobby area open to a TV/gaming/exercise area! All the possibilities to utilize the lower level for football game parties, kids' slumber parties or ....entertain your guests and have a pool party! With 2.75 acres of space, picture garden space with a garden shed, use the excellent garage for storage & a shop or put up another out building! Sitting in the Hermantown School District and with easy access to the Main Road, this is a convenient location to all areas!

Last Agent to Sell the Property

Deanna Bennett

Messina & Associates Real Estate Listed on: 05/31/2022

Last Buyer's Agent

Reggie Matter

North Country Realty, Inc

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,326

Year Built

  • Built in 1981

Lot Details

  • 2.75 Acre Lot
  • Lot Dimensions are 324.68 x 368.50
  • Partially Fenced Property

Home Design

  • Split Foyer
  • Bi-Level Home
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Tile Flooring
  • Breakfast Bar
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 4 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 280-0012-00846

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,326

Year Built

Built in 1981

Lot Details

2.75 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North of the Martin Rd take Lavaque Rd to a Right on Lockwood Ln to property
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Hot Tub, Tiled Floors, Wet Bar, Patio Door
  • Amenities Exterior: Deck, Fenced Yard - Partial, Hot Tub, Pool
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1180
  • Below Grade Finished Sq Ft: 1032
  • Garage Type: Attached, Detached
  • Heat: Baseboard, Oil
  • Fireplaces: 2
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Laundry Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 1981
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Basement Features: Partially Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Fireplace
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Breakfast Bar, Informal Dining Room
  • Extra Rooms: Family/Rec, Bonus Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Entry
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: Bi-Level Split
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Bonus Room
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2212
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Driveway - Gravel, Off Street
  • Garage Capacity: 4

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Hermantown #700

Lot Info

  • Estimated Lot Dimensions: 324.68 x 368.50
  • Estimated Number of Acres: 2.75
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 280-0012-00846

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3326

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 28, 2022
Sold by
Verhel Christopher A and Ogston Jodell L
Bought by
Seller's Agent
Deanna Bennett
Messina & Associates Real Estate
Buyer's Agent
Reggie Matter
North Country Realty, Inc
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$484,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,887
Avg. Annual Appreciation
8.70%
Original Mortgage
$276,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Verhel Nancy L
Bought by
Verhel Christopher A and Verhel Jodell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.66%
Mortgage Type
Unknown
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 North Shore Title
Verhel Christopher A $280,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $276,000
Previous Owner Verhel Christopher A $72,500
Previous Owner Verhel Christopher A $205,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $345,000 0.0% $156 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $345,000 -- $156 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2024 $3,714 $377,300 $73,900 $303,400
2023 $3,600 $370,900 $67,500 $303,400
2022 $3,326 $323,400 $64,500 $258,900
2021 $3,214 $283,800 $33,700 $250,100
2020 $3,230 $275,500 $33,400 $242,100
2019 $2,944 $268,100 $33,400 $234,700
2018 $2,966 $248,400 $33,400 $215,000
2017 $2,666 $248,400 $33,400 $215,000
2016 $2,558 $243,500 $32,400 $211,100
2015 $2,620 $211,500 $29,600 $181,900
2014 $2,620 $211,500 $29,600 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103165

APN: 280001200846

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