NOT LISTED FOR SALE

5199 1st Ave Duluth, MN 55803

Estimated Value: $819,000

3 Beds
3 Baths
1,666 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $540,000 $324 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,183/month

54 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Garage Apartment
  • Hermantown Elementary School Rated A-
  • Second Kitchen
  • Lake View

About This Home

As of October 2023

It's like living in an upscale treehouse on Island Lake! The views! The guest house! The large garage! Space! And....walk down to your dock to take off on one of the most sought after lakes to be on in the Northland! Drive up to this 2 bedroom 2 bath with a Guest Cottage above the Oversized garage! Just off the quiet road is an asphalt driveway with plenty of extra room for turn around & parking! Immediately, the Views of the Lake & Island captivate you! Walk onto a wrap around deck and down to the Lake and just start fishing and boating! The home is the perfect "downsizer" home or your Duluth Lake Home! Everyone can congregate in the Chef -Size kitchen with ample counter space & cabinetry, built in desk and deck access... the heart of the house! Such a practical floor plan with One bedroom , your laundry, a full bath, a dining area or library plus, a comfy living room on the main level...total convenience allows kids or guests to enjoy this level with no need to come up to your 2nd FLOOR MASTER SUITE! This is where you truly feel on top of the world with a private deck overlooking the panorama! 2 walk in closets , a full bath and room for your King Size bed to watch the stars becomes your retreat! Surrounded by oaks, maples, apple trees, red pines...it's like sleeping in a tree fort! Central Air, Forced air propane heat, electric dual fuel heat and a LOPI wood stove for supplemental....so efficient! Anderson windows, an oversized 2 car garage w/ heat on one side, varied door heights, 220 v & utility sink! Bonuses include a Garden Shed, wide stairs down to your dock, compliant septic, landscaping, trails down the road... SO much to love in your Island Lake Home!

Last Agent to Sell the Property

Deanna Bennett

Messina & Associates Real Estate Listed on: 06/26/2023

Last Buyer's Agent

Marina Peterson

Northland Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 1992

Lot Details

  • 0.8 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Land Lease of $3,118

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,666 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entryway
  • Living Room
  • Combination Kitchen and Dining Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Second Kitchen
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Off-Street Parking

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 365-6000-15945

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,681

Year Built

Built in 1992

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Lavaque Road to a LEFT on Fish Lake Rd (at the Minno-Ette intersection) Follow until a RIGHT on Bear Island Rd to a RIGHT on 1st Ave to home
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 3117.5
  • List Price/ Sq Ft: 324.13
  • Road Maintenance: Association
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Tiled Floors, Main Floor Laundry
  • Amenities Exterior: Balcony, Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1666
  • Garage Type: Detached
  • Heat: Forced Air, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1992
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Bathroom Description: Full Master, Full Main Floor, 3/4 Upper
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen
  • Extra Rooms: Second Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Entry
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Laundry Room
  • Room 7: Master Bedroom
  • Room 8: Living Room
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1666
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Features: Apartment
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 250

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-06-26
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 0.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline
  • Parcel Number: 365-6000-15945
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4681

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $540,000 0.0% $324 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $540,000 -- $324 / 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
2022 $4,908 $423,200 $124,700 $298,500
2021 $3,938 $396,600 $124,700 $271,900
2020 $4,070 $322,500 $101,200 $221,300
2019 $4,032 $322,500 $101,200 $221,300
2018 $4,098 $322,500 $101,200 $221,300
2017 $4,070 $322,500 $101,200 $221,300
2016 $3,808 $322,500 $101,200 $221,300
2015 $3,469 $270,400 $67,500 $202,900
2014 $3,469 $270,400 $67,500 $202,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108981

APN: 365600015945