P
Seller's Agent in 2024
Parker Cermak
Real Broker, LLC
(218) 308-1519
88 in this area
166 Total Sales
5125 Sherman Dr NE Bemidji, MN 56601
4
Beds
3
Baths
2,361
Sq Ft
5.41
Acres
Highlights
- 380 Feet of Waterfront
- 235,660 Sq Ft lot
- No HOA
- Lincoln Elementary School Rated 9+
- 2 Fireplaces
- Living Room
About This Home
As of December 2024This exceptional "Up North Feel" property offers a rare combination of natural beauty, modern comfort, and income potential. The main home features 3 beds, 2 baths, 2 living areas with both a fireplace and woodstove. The attached apartment has a current rental license and features 1 bed, 1 bath, a spacious living area with an in unit laundry. Experience the changing seasons in all their glory, from vibrant foliage in the fall to serene snowy landscapes in winter, creating a picturesque backdrop throughout the year. Whether you seek a peaceful retreat, an investment opportunity, or both, this is your chance to own a slice of paradise along the Mississippi River (380 ft of frontage) giving you access to the Bemidji chain of lakes and all for an unbelievable price of $339,000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,258
Year Built
- Built in 1992
Lot Details
- 5.41 Acre Lot
- Lot Dimensions are 380x716x360x170x845
- 380 Feet of Waterfront
- River Front
Parking
- 2 Car Garage
Home Design
- Flex
- Wood Foundation
Interior Spaces
- 2,361 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Family Room
- Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Drain
- Crawl Space
Utilities
- Forced Air Heating and Cooling System
- Private Water Source
Community Details
- No Home Owners Association
- Riverside Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 800307001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Dec 23, 2024
Sold by
Grover Scott T and Grover Leslie L
Bought by
Theroux Emily and Theroux John
Seller's Agent
Parker Cermak
Real Broker, LLC
Buyer's Agent
Lisa Engman
Lake-N-Woods Realty
List Price
$339,000
Sold Price
$339,000
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,571
Avg. Annual Appreciation
8.40%
Original Mortgage
$305,100
Outstanding Balance
$302,994
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$56,577
Purchase Details
Listed on
Jun 18, 2024
Closed on
Oct 31, 2024
Sold by
Grover Scott T and Grover Leslie L
Bought by
Grover Scott T and Grover Leslie L
Seller's Agent
Parker Cermak
Real Broker, LLC
Buyer's Agent
Lisa Engman
Lake-N-Woods Realty
List Price
$339,000
Sold Price
$339,000
Views
99
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Outstanding Balance
$302,994
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$56,577
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $339,000 | Sathre Title | |
| Warranty Deed | $339,000 | Sathre Title | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,000 | New Conventional | |
| Open | $305,100 | New Conventional | |
| Closed | $305,100 | New Conventional | |
| Previous Owner | $205,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $339,000 | 0.0% | $144 / Sq Ft |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 10/16/2024 10/16/24 | Price Changed | $339,000 | 0.0% | $144 / Sq Ft |
| 10/16/2024 10/16/24 | For Sale | $339,000 | 0.0% | $144 / Sq Ft |
| 09/23/2024 09/23/24 | Off Market | $339,000 | -- | -- |
| 07/29/2024 07/29/24 | Price Changed | $365,900 | -3.7% | $155 / Sq Ft |
| 06/18/2024 06/18/24 | For Sale | $379,900 | -- | $161 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,258 | $394,700 | $84,300 | $310,400 |
| 2023 | $5,258 | $394,700 | $84,300 | $310,400 |
| 2022 | $4,520 | $357,600 | $84,300 | $273,300 |
| 2021 | $4,520 | $284,100 | $67,600 | $216,500 |
| 2019 | $4,012 | $284,100 | $67,600 | $216,500 |
| 2018 | $3,876 | $249,800 | $62,000 | $187,800 |
| 2016 | $3,600 | $240,700 | $62,000 | $178,700 |
| 2015 | $3,264 | $234,500 | $0 | $0 |
| 2014 | $3,122 | $234,500 | $0 | $0 |
| 2011 | $3,194 | $238,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Parker Cermak
-
Lisa Engman
Buyer's Agent in 2024
Lisa Engman
Lake-N-Woods Realty
(218) 760-1762
56 in this area
84 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6554944
APN: 80.03070.01
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