$250,000
SOLD JUN 14, 2021

5211 Albert Olson Rd Duluth, MN 55804

4 Beds
2 Baths
2,024 Sq Ft
5 Acres

Recently Sold

$124 Per Sq Ft

3 Days on Market

Highlights

  • Deck
  • Bonus Room
  • No HOA
  • Lakewood Elementary School Rated 9+
  • Corner Lot
  • Lower Floor Utility Room

About This Home

As of December 2021

Amazing fixer-upper opportunity on a gorgeous 5 acre lot in Lakewood Township within walking distance to Lakewood Elementary. Lots of TLC needed, but the potential for this home & property are INCREDIBLE! Plentiful side, front and backyard offer privacy and lots of space to run; plus, a beautiful variety of trees. 4 BR, 2 BA home with 2+ stall attached garage & storage building w/ workshop at rear of lot (exterior of storage building is in need of significant repair). Step through the front door to find the oversized entryway with space galore. Upstairs you’ll find a spacious living room with great natural light. Imagine future gatherings around the wood burning fireplace which is the focal point of this room. Entertaining will be a breeze with convenient flow into the kitchen and dining room thanks to the semi-open floor plan. Also, a sliding glass door off the dining area leads to the deck overlooking the side yard. Upper level also features two large bedrooms and a full bath w/ ensuite access to the master bedroom. Lower level boasts high ceilings, two additional bedrooms, a ¾ bath, HUGE family/rec room with wet bar. Plus, an unfinished 12 x 10 room that could be a 5th bedroom, office or playroom. Home has an abundance of storage throughout.

Last Agent to Sell the Property

Brittany Kuschel

Kuschel Realty Group LLC Listed on: 05/20/2021

Last Buyer's Agent

Nicki Conrad

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1977

Lot Details

  • 5 Acre Lot
  • Corner Lot
  • Level Lot
  • Many Trees

Parking

  • 3 Car Garage

Home Design

  • Split Foyer
  • Tri-Level Property
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 415-0010-06120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,081

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Heading East on Martin Rd toward Jean Duluth Rd, turn left on Jean Duluth and continue for 1.8 miles. Turn right onto Strand Rd and continue for 2.3 miles. Turn left onto Albert Olson Rd and property is the first home on the left.
  • L O1 Office Phone1 Number: 218-724-7900
  • List Price/ Sq Ft: 123.52
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 51
  • Lot Description Waterfront: No
  • Reso Association Amenities: Wet Bar
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1329
  • Below Grade Finished Sq Ft: 695
  • Garage Type: Attached, Detached
  • Heat: Baseboard, Forced Air, Propane, Electric
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Bonus Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1977
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Egress Windows, Finished, Bath, Bedrooms, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1204
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Entry
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Master Bedroom
  • Stories: Tri-Level Split
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Family Room
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2024
  • Exercise Room Level2: Upper

Exterior Features

  • Out Buildings: Storage Shed, Workshop
  • Construction Status: Previously Owned
  • Exterior: Stone, Wood

Garage/Parking

  • Garage Features: Deferred Maintenance, Electrical Service, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 25 x 28 + 30 x 40

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-05-08
  • Estimated Lot Dimensions: approx. 497 x 442
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Heavy, Level
  • Parcel Number: 415-0010-06120

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 10, 2021
Sold by
Simonson and Joyce
Bought by
Longley Allison O and Longley Mayson O
Seller's Agent
Loren Johnston
Lewis & Clark, LLC
Buyer's Agent
Elizabeth Kratz
Seven Bridges Realty, LLC
List Price
$397,000
Sold Price
$397,000
Current Estimated Value
$474,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,606
Avg. Annual Appreciation
2.86%
Original Mortgage
$377,150
Outstanding Balance
$350,336
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$91,270

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 14, 2021
Sold by
Tarnwoski Darla K and Estate Of Mickalus M Hietala
Bought by
Simonson Randy
Seller's Agent
Brittany Kuschel
Kuschel Realty Group LLC
Buyer's Agent
Nicki Conrad
Messina & Associates Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.98%
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 Type Sale Price Title Company
Warranty Deed $397,000 North Shore Title
Partnership Grant Deed $250,000 North Shore Title
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $377,150 New Conventional
Previous Owner $173,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $397,000 0.0% $169 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $397,000 +58.8% $169 / Sq Ft
06/14/2021 06/14/21 Sold $250,000 0.0% $124 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $250,000 -- $124 / 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 $4,296 $383,400 $74,600 $308,800
2022 $2,968 $258,300 $71,300 $187,000
2021 $3,106 $236,300 $40,100 $196,200
2020 $3,108 $233,000 $36,800 $196,200
2019 $3,134 $227,200 $36,800 $190,400
2018 $2,458 $227,200 $36,800 $190,400
2017 $2,760 $204,600 $35,200 $169,400
2016 $2,530 $223,000 $49,300 $173,700
2015 $2,619 $188,800 $44,900 $143,900
2014 $2,619 $187,200 $43,500 $143,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6096598

APN: 415001006120