NOT LISTED FOR SALE

5242 Rice Lake Rd Duluth, MN 55803

Estimated Value: $286,000 - $357,000

3 Beds
1 Bath
1,280 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $250,000 $195 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,904/month

2 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Homecroft Elementary School Rated A-
  • Den
  • Eat-In Kitchen

About This Home

As of August 2021

This is the one you've been looking for! Meticulously maintained and completely updated 3 bedroom, 1 bath home with an oversized 2 car garage on almost 2 acres! You will fall in love with the open and bright kitchen with stainless steel appliances and butcher block island. Every inch of this home has been touched. Upstairs has 2 additional bedrooms and the lower level has additional space for a family room or playroom, working out and laundry. Additional features include maintenance free vinyl siding, new roof, vinyl windows, newer furnace and hot water heater, large deck, large private backyard and much more.

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 06/29/2021

Last Buyer's Agent

Nathanael DeLoach

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1942

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 330 x 330
  • Property fronts a county road
  • Elevated Lot

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well
  • Gas Water Heater
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 520-0015-00165

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Rice Lake Rd
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 195.31
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1150
  • Below Grade Finished Sq Ft: 130
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1942
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Den/Office, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1280
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26x26

Utilities

  • Power Company: Minnesota Power
  • Sewer: Mound
  • Water: Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-06-29
  • Estimated Lot Dimensions: 330 x 330
  • Estimated Number of Acres: 1.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 520-0015-00165

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 1956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 12, 2021
Sold by
Peaslee Scott R
Bought by
Benrud Kali J
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Nathanael DeLoach
LPT Realty, LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$313,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,506
Avg. Annual Appreciation
4.83%
Original Mortgage
$180,000
Outstanding Balance
$165,431
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,523
Source: Public Records

Range of Values:

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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
Benrud Kali J $250,000 North Shore Title
Benrud Kali Kali $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benrud Kali J $180,000
Previous Owner Peaslee Scott R $91,000
Previous Owner Peaslee Scott R $45,000
Closed Benrud Kali Kali $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $250,000 0.0% $195 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $250,000 -- $195 / 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 $2,508 $218,200 $43,500 $174,700
2022 $2,084 $208,300 $41,800 $166,500
2021 $1,956 $151,400 $31,800 $119,600
2020 $1,990 $144,800 $30,500 $114,300
2019 $1,950 $144,800 $30,500 $114,300
2018 $1,688 $142,700 $30,500 $112,200
2017 $1,690 $133,400 $28,800 $104,600
2016 $1,540 $130,900 $28,500 $102,400
2015 $1,281 $78,400 $20,700 $57,700
2014 $1,281 $78,400 $20,700 $57,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Sams

    Seller's Agent in 2021

    Eric Sams

    Messina & Associates Real Estate

    (218) 393-3087

    6 in this area

    388 Total Sales

    Eric Sams
    Section Image

  • N

    Buyer's Agent in 2021

    Nathanael DeLoach

    LPT Realty, LLC

    (218) 461-2775

    2 in this area

    27 Total Sales

    Nathanael DeLoach
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097999

APN: 520001500165

Minnesota St Louis County Duluth 55803

5242 Rice Lake Rd, Duluth, MN

This home is located at 5242 Rice Lake Rd, Duluth, MN 55803 since 29 June 2021 and is currently estimated at $313,506, approximately $244 per square foot. This property was built in 1942. 5242 Rice Lake Rd is a home located in St. Louis County with nearby schools including Homecroft Elementary School, Ordean East Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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