NOT LISTED FOR SALE

5155 Birch Acres Rd Duluth, MN 55803

Estimated Value: $267,000 - $703,000

1.73 Acres
$244,263 Price per Acre
75,359 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $265,000 $229 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,516/month

6 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Elevated Lot
  • Hermantown Elementary School Rated A-
  • No HOA

About This Lot

As of March 2022

Beautiful Lake Property on Fish Lake - Ready to build your home, lodge, compound, cabin, RV, VRBO, Airbnb! Looking for that lakefront property to build that Northwoods home you have always dreamed about? Available now is a beautiful setting on Fish Lake! There are countless building site opportunities. Gradual elevation down to the shoreline, allows for a walkout basement or slab on grade should that be the preference. The developed driveway accesses on to a recently asphalted road with buried fiber optics communications. Topography on the 1.73 acre property offers seclusion and amazing views. Excellent sunrises and scenic lake opportunities! Outstanding recreation, boating, ATV/snow trails as well as numerous lake side boat-in eating establishments. A 10-minute drive to Duluth / Hermantown Minnesota but away from all the congestion. Property has an existing drilled well, septic system, and 200 Amp. electric service (panels installed/setup for future dwelling, detached structure/garage and solar, RV, and construction panel), kayak rack, and two camp fire areas. This property is privately owned and ready for development and enjoyment.

Last Agent to Sell the Property

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 01/31/2022

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 01/31/2022

Edina Realty, Inc. - Duluth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,674

Lot Details

  • 1.73 Acre Lot
  • Private Waterfront
  • 106 Feet of Waterfront
  • Lake Front
  • Elevated Lot

Property Views

  • Lake Views

Utilities

  • Private Company Owned Well
  • Private or Community Septic Tank
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$3,674

Lot Details

1.73 Acres

Listing Details

  • Class: LOT/LAND
  • Directions: Martin Rd to North on Lavaque Rd to Left on Birch Acres to Property on Right
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-728-7700
  • RdBtwnWtrfrnt: No
  • Property Sub-Type: Residential
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 106
  • Waterfront Name: Fish

Utilities

  • On Site Utilities: Electric, Private Septic, Private Well
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Hermantown #700

Lot Info

  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 1.73
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: Yes
  • Lot Description: Accessible Shoreline, High
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 3673.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Apr 5, 2022
Sold by
Palmer and Louise
Bought by
William G Palmer And Louise A Palmer Revocabl
Seller's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
Buyer's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$422,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,575
Avg. Annual Appreciation
12.64%
Original Mortgage
$165,000
Outstanding Balance
$152,336
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$270,239

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 21, 2022
Sold by
Fuchs Ronald G and Fuchs Jennifer L
Bought by
Palmer William and Palmer Louise
Seller's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
Buyer's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$152,336
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$270,239

Purchase Details

Listed on
Nov 19, 2019
Closed on
Mar 10, 2020
Sold by
Fannie Mae
Bought by
Fucha Jennifer L and Fucha Ronald G
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Cassandra Scrignoli
Messina & Associates Real Estate
List Price
$162,500
Sold Price
$162,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.70%

Purchase Details

Closed on
Aug 15, 2006
Sold by
Freeman Douglas G and Freeman Linda J
Bought by
Hynes John J and Hynes Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Gangi Samuel J and Gangi Kim V
Bought by
Freeman Douglas G and Freeman Linda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
William G Palmer And Louise A Palmer Revocabl $500 Richard Kreutzfeldt Pllc
Palmer William $265,000 Northshore Title
Fucha Jennifer L -- First Fincl Ttl Agcy Of Mn I
Hynes John J $219,000 Rels Title
Freeman Douglas G $164,500 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer William $165,000
Previous Owner Hynes John J $175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $265,000 0.0% $229 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $265,000 +63.1% $229 / Sq Ft
03/23/2020 03/23/20 Sold $162,500 0.0% $50 / Sq Ft View Prior Sale
03/08/2020 03/08/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $162,500 -- $50 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,072 $362,600 $131,100 $231,500
2023 $4,072 $276,200 $125,600 $150,600
2022 $3,282 $111,300 $111,300 $0
2021 $4,164 $166,100 $94,900 $71,200
2020 $4,292 $292,400 $95,400 $197,000
2019 $4,298 $292,400 $95,400 $197,000
2018 $3,440 $292,400 $95,400 $197,000
2017 $3,420 $260,100 $83,800 $176,300
2016 $3,178 $260,100 $83,800 $176,300
2015 $2,400 $186,900 $59,900 $127,000
2014 $2,400 $186,900 $59,900 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101253

APN: 365002500195

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