NOT LISTED FOR SALE

5202 Otter River Rd Duluth, MN 55803

Estimated Value: $171,000 - $269,000

1.36 Acres
$161,300 Price per Acre
59,242 Sq Ft Lot

Last Sold May 28, 2019

Last sale price $137,000 $248 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,328/month

8 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Elevated Lot
  • Beach Access
  • Landscaped with Trees
  • Level Lot

About This Lot

As of May 2019

Cabin on property is a tear down giving you the opportunity to build your summer home/cabin from scratch. The lot is cleared and has a gentle slope down to the water. Lots of tall trees give you privacy. You really can't go wrong with this nice lot. Feel free to walk the land.

Last Agent to Sell the Property

Andrew Frielund

RE/MAX Results Listed on: 05/06/2019

RE/MAX Results

Last Buyer's Agent

Andrew Frielund

RE/MAX Results Listed on: 05/06/2019

RE/MAX Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,373

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 200x380x215
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Elevated Lot
  • Level Lot
  • Landscaped with Trees
  • Land Lease of $2,865

HOA Fees

  • $13 Monthly HOA Fees

Additional Features

  • Lake Views
  • No Utilities

Community Details

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,373

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: LOT/LAND
  • Directions: Rice Lake Rd to Left on Boulder Dam Rd (past Island Lake Inn), follow blacktop to end, turns to gravel, Left at Otter River Rd to 5202.
  • L O1 Office Phone1 Number: 218-722-2810
  • LotLeaseAmount: 2865
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 100735.29
  • RdBtwnWtrfrnt: No
  • ShorelineCharacteristics: Rocky, Shore-Accessible
  • Property Sub-Type: Recreational
  • Tax Year: 2019
  • 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: 200
  • Waterfront Name: Island

Utilities

  • On Site Utilities: None
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 150

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2019-05-07
  • Estimated Lot Dimensions: 200x380x215
  • Estimated Number of Acres: 1.36
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High, Level
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1373

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Allete Inc
Bought by
Adamski Dennis and Adamski Stephanie
Current Estimated Value
$219,368
Source: Public Records

Range of Values:

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Average Value
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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
Adamski Dennis $119,184 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2019 05/28/19 Sold $137,000 0.0% $248 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $137,000 +11.8% $248 / Sq Ft
08/03/2012 08/03/12 Sold $122,500 -18.3% $213 / Sq Ft View Prior Sale
07/05/2012 07/05/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $150,000 -- $260 / 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 $1,768 $186,500 $123,400 $63,100
2022 $2,102 $186,500 $123,400 $63,100
2021 $1,370 $180,400 $123,400 $57,000
2020 $1,400 $119,700 $114,600 $5,100
2019 $1,386 $119,700 $114,600 $5,100
2018 $1,410 $119,700 $114,600 $5,100
2017 $1,424 $119,700 $114,600 $5,100
2016 $1,284 $119,700 $114,600 $5,100
2015 $1,302 $107,500 $100,200 $7,300
2014 $1,302 $107,500 $100,200 $7,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6082606

APN: 660600053305