NOT LISTED FOR SALE

5213 1st Ave Duluth, MN 55803

Estimated Value: $539,000

2 Beds
3 Baths
1,781 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $624,000 $350 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,397/month

11 Days on Market

Highlights

  • Private Waterfront
  • Sauna
  • Lake View
  • Hermantown Elementary School Rated A-
  • Multiple Garages
  • Deck

About This Home

As of April 2023

Your Island Lake Retreat is now available! You will love the space this home provides both inside and out with over 150 feet of shoreline to spread out on for all your summer fun that is just around the corner! The main level features big vaulted ceilings with windows facing the lake. The updated kitchen features granite counters, pull-out cabinet organizers, lake views and access to your deck facing the lake. Imagine hot summer afternoons spent enjoying the lake breeze here after a day on the water! There is one main floor bedroom with a walk-through en suite. The upper level loft is your Master Suite with a 3/4 bath and Lakeviews! Wake up here and watch the lake change colors! There is an extra space that is currently used as an office but would make a great sitting area too! The lower level walkout is such a fun area with access to your yard and Lakeshore! The Walkout Rec Space has heated tiled floors and a wood burning fireplace. There is a non-conforming bedroom on this level that makes a good office, hobby space, exercise area, whatever you need! The laundry is located on this level along with another 3/4 bath. The 3 car garage on the the Lakeside is heated and insulated. And don’t miss the sauna! The 3-car garage across the road gives you great extra storage for all your lake toys and has a finished loft space above it. Once the snow melts you’ll find gardens, a fire pit area, patio spaces and such a fun spot to be! Call today for your private showing!

Last Agent to Sell the Property

Cassandra Scrignoli

Messina & Associates Real Estate Listed on: 02/23/2023

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1994

Lot Details

  • 1.3 Acre Lot
  • Private Waterfront
  • 165 Feet of Waterfront
  • Lake Front
  • Land Lease of $2,858

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Entryway
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Sauna
  • Eat-In Kitchen
  • Lake Views

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 6 Car Detached Garage
  • Multiple Garages

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 365-6000-15930

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,504

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Rice Lake Rd, turn onto Emerson Rd, Right onto Bear Island Rd, Right onto 1st Avenue, House will be on the Left.
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 2858
  • List Price/ Sq Ft: 350.36
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Sauna, Vaulted Ceilings
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1118
  • Below Grade Finished Sq Ft: 663
  • Garage Type: Detached, Multiple
  • Heat: Propane
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 3
  • Basement Features: Partially Finished, Walkout, Bath, Den/Office, Family/Rec Room, Fireplace
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Master, 3/4 Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Multiple - See Remarks
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Entry
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Master Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Family Room
  • Room 7: Den/Office
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1781
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 165
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 6

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-02-23
  • Estimated Lot Dimensions: 165X200 + 120X215
  • Estimated Number of Acres: 1.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 365-6000-15930
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Minnesota Power and Allete Inc
Bought by
Acheson Michael and Acheson Brenda
Current Estimated Value
$539,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$321,988
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Acheson Michael $103,687 None Listed On Document
Acheson Michael $103,688 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acheson Michael $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $624,000 0.0% $350 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $624,000 -- $350 / 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 $4,680 $405,500 $114,300 $291,200
2021 $4,102 $379,400 $114,300 $265,100
2020 $4,238 $334,800 $99,700 $235,100
2019 $4,200 $334,800 $99,700 $235,100
2018 $4,270 $334,800 $99,700 $235,100
2017 $4,240 $334,800 $99,700 $235,100
2016 $3,968 $334,800 $99,700 $235,100
2015 $3,480 $271,200 $74,200 $197,000
2014 $3,480 $271,200 $74,200 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106994

APN: 365600015930