NOT LISTED FOR SALE

5150 Mcquade Rd Duluth, MN 55804

Estimated Value: $187,329

2.41 Acres
$77,730 Price per Acre
104,980 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $160,000

Est. 17% increase in value since last sale

Current estimated payment $1,055/month

113 Days on Market

About This Lot

As of March 2023

You won't want to miss out on this one! It's a gorgeous lot that has the perfect mix of open land and wooded areas, that is just shy of 2.5 acres. Can you beat being just a few hundred feet from Lake Superior, with a creek running through it and that has power at the road. Nestled in between Duluth and Two Harbors, this lush wooded land affords country living just minutes outside of town. You can make your driveway as long as you desire for privacy. Agent is related to Seller.

Last Agent to Sell the Property

Betsy Norman

Think Minnesota Realty LLC Listed on: 11/10/2022

Co-Listed By

Dave Lilja

Think Minnesota Realty LLC

Last Buyer's Agent

Ayla Dougherty

Messina & Associates Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,213

Lot Details

  • 2.41 Acre Lot
  • Lot Dimensions are 164' x 638'

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,213

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Head North on Hwy 61 to McQuade Rd. Turn right, towards Lake Superior. Continue for approximately 6 blocks and the lot is on the left hand side.
  • L O1 Office Phone1 Number: 218-387-5508
  • List Price/ Sq Ft: 66390.04
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Residential
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2022-11-10
  • Estimated Lot Dimensions: 164' x 638'
  • Estimated Number of Acres: 2.41
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1212.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Mar 31, 2023
Sold by
The K & S Norman Family Limited Partners
Bought by
Erickson Ian and Meyer Amanda
Seller's Agent
Betsy Norman
Think Minnesota Realty LLC
Buyer's Agent
Ayla Dougherty
Messina & Associates Real Estate
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$187,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,329
Avg. Annual Appreciation
6.46%
Original Mortgage
$144,000
Outstanding Balance
$139,788
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$47,541

Purchase Details

Closed on
Apr 30, 2004
Sold by
Thomas Keith Allen
Bought by
K & S Norman Family Limited Partnership
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Erickson Ian $160,000 --
K & S Norman Family Limited Partnership $35,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Ian $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $160,000 0.0% --
03/03/2023 03/03/23 Pending -- -- --
11/10/2022 11/10/22 For Sale $160,000 -- --
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 $688 $78,400 $52,700 $25,700
2022 $1,542 $55,700 $35,000 $20,700
2021 $1,354 $55,900 $37,300 $18,600
2020 $1,414 $55,900 $37,300 $18,600
2019 $1,386 $55,900 $37,300 $18,600
2018 $1,356 $55,900 $37,300 $18,600
2017 $1,710 $55,900 $37,300 $18,600
2016 $1,690 $54,600 $44,600 $10,000
2015 $1,725 $53,000 $43,000 $10,000
2014 $1,725 $53,000 $43,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106286

APN: 315003000150