NOT LISTED FOR SALE

5140 Morris Thomas Rd Hermantown, MN 55810

Estimated Value: $236,849 - $299,000

2 Beds
1 Bath
912 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $235,000 $258 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,728/month

92 Days on Market

Highlights

  • Guest House
  • 5 Acre Lot
  • Ranch Style House
  • Hermantown Elementary School Rated A-
  • Deck
  • Bonus Room

About This Home

As of August 2022

Beautiful land, and potential building site! There is an existing driveway separate from this updated 2 bed, 1 bath home to a potential building site. The 5 acres has been surveyed and has frontage on Wagner as well adding to the potential to split the land into two new building sites in addition to the existing home. 2 car garage, a storage shed and an additional two-story building that may have been the original house on the property. The additional building has a new roof, new windows, re-enforced foundation, electricity as well as water and sewer hook ups and other updates so that can be used as a studio, office, guest suite, work area or whatever you may be looking for. The home has many updates including new flooring throughout, new refrigerator, new sliding glass door, new front door and a new washing machine. The room in the back of the home provides additional space that can be used as an office or sitting area. The roof on EVERY building is less than a year old. The 5 acre property also includes a cleared area for camper with electrical and water supplies as well as a second cleared area on the back four acres for potentially building a second house, storing boats or other equipment, etc. The improvements on this property are so much more than aesthetic, with structural improvements, new gravel, utility additions, etc. List of updates and improvements available.

Last Agent to Sell the Property

Doug Kman

Coldwell Banker Realty - Duluth Listed on: 05/06/2022

Coldwell Banker Realty - Duluth

Last Buyer's Agent

Emma Stauber

Bachand Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1976

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 165x1320
  • Partially Fenced Property
  • Level Lot

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Office or Studio
  • Bonus Room
  • Crawl Space
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Additional Features

  • Guest House
  • Bunk House
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0012-00150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West of Lavaque Rd, on Morris Thomas Rd to sign.
  • L O1 Office Phone1 Number: 715-394-6671
  • List Price/ Sq Ft: 257.68
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Drywalls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Fenced Yard - Partial, Patio
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 912
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Den/Office
  • TotalBedrooms: 2
  • Year Built: 1976
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bathroom
  • Room 7: Bonus Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 912
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Workshop, Bunkhouse, Guesthouse, Other Buildings, Studio
  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-05-06
  • Estimated Lot Dimensions: 165x1320
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level, Rolling
  • Parcel Number: 395-0012-00150

Rental Info

  • Lease Terms: Cash, Conventional, FHA, MHFA/WHEDA, Other, VA DVA

Tax Info

  • Tax Amount: 1606.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Blue Moon Properties Llc
Bought by
Stauber Peter A and Stauber Jodi L
Current Estimated Value
$272,962

Purchase Details

Closed on
May 10, 2023
Sold by
Blue Moon Properties Llc
Bought by
Stauber Robert T

Purchase Details

Closed on
Oct 27, 2022
Sold by
Bluemoon Properties Llc
Bought by
Stauber Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 26, 2022
Sold by
Ward Nathan R
Bought by
Bluemoon Properties Llc
Seller's Agent
Doug Kman
Coldwell Banker Realty - Duluth
Buyer's Agent
Emma Stauber
Bachand Realty
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$100,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 19, 2021
Sold by
Wolk William R and Wolk Jennifer K
Bought by
Ward Nathan R
Seller's Agent
Tom Henderson
RE/MAX Results
Buyer's Agent
Tom Henderson
RE/MAX Results
List Price
$217,000
Sold Price
$217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$206,150
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2006
Sold by
Grant Andrew M and Grant Kristin D
Bought by
Wolk William R and Wolk Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Emerson Peggy L
Bought by
Grant Andrew M and Grant Kristin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,336
Interest Rate
7.25%
Mortgage Type
FHA
Source: Public Records

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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
Stauber Peter A $228,000 Pioneer Title
Stauber Robert T $500 None Listed On Document
Stauber Robert T $3,000 --
Bluemoon Properties Llc $235,000 Pioneer Title
Ward Nathan R $217,000 Stewart Title Company
Wolk William R $106,000 St Louis County Title Co
Grant Andrew M $72,000 Arrowhead Abstract & Title C
Ward Nathan Nathan $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bluemoon Properties Llc $100,000
Previous Owner Ward Nathan R $206,150
Previous Owner Wolk William R $102,400
Previous Owner Wolk William R $84,800
Previous Owner Grant Andrew M $71,336
Closed Ward Nathan Nathan $206,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $235,000 0.0% $258 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $235,000 +8.3% $258 / Sq Ft
03/12/2021 03/12/21 Sold $217,000 0.0% $238 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $217,000 -- $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 $2,480 $163,200 $33,600 $129,600
2022 $3,108 $170,200 $74,900 $95,300
2021 $3,018 $125,600 $65,500 $60,100
2020 $2,854 $122,600 $64,200 $58,400
2019 $2,772 $111,000 $50,200 $60,800
2018 $2,640 $107,600 $46,800 $60,800
2017 $2,546 $99,800 $43,800 $56,000
2016 $2,464 $95,600 $42,300 $53,300
2015 $2,406 $68,200 $33,700 $34,500
2014 $2,406 $62,700 $30,900 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102666

APN: 395001200150