NOT LISTED FOR SALE

5270 Rice Lake Rd Duluth, MN 55803

Estimated Value: $138,000 - $359,000

3 Beds
2 Baths
1,232 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 01, 2012

Last sale price $60,000 $49 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $1,656/month

195 Days on Market

Highlights

  • 5 Acre Lot
  • Deck
  • Patio
  • Homecroft Elementary School Rated A-
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of November 2012

Sitting on top of the world! This home sits on one of the highest points in Rice Lake Township, Panoramic Views of the area and Rice Lake. Huge yard, set a long way off the road. Extra large 2 car garage plus another older 1 stall garage and an unfinished 2 car garage in the back. Great size house with a convenient layout inside and in nice condition. Central Air! Possible to be zoned commercial through re-zoning process with Rice Lake Township.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • 2001

Lot Details

  • 5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 520-0015-00145

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

2001

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 5
  • Assessment Balance: 18
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1232
  • Parcel Number: 520-0015-00145
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/31/2012
  • Stories: 1 Story
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x18.5, On Level: Main
  • Room 2: Kitchen, 13x16.8, On Level: Main
  • Room 9: Bedroom, 12.7x11, On Level: Main
  • Room 10: Bedroom, 13x11.04, On Level: Main
  • Room 11: Bedroom, 13x11, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1232
  • Total Fin Square Footage: 1232
  • Total Square Footage: 1232

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: Irr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2011
Closed on
Oct 31, 2012
Sold by
Opland Greg E
Bought by
Slegle Terry
List Price
$165,000
Sold Price
$60,000
Premium/Discount to List
-$105,000
-63.64%
Current Estimated Value
$268,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,574
Avg. Annual Appreciation
12.68%
Source: Public Records

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Range of Values:

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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
Slegle Terry $60,000 Slctc
Opland Gregory E -- Slctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opland Gregory E $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2012 11/01/12 Sold $60,000 -63.6% $49 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $165,000 -- $134 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,770 $214,200 $79,400 $134,800
2022 $2,422 $204,300 $75,900 $128,400
2021 $2,306 $151,300 $41,600 $109,700
2020 $2,346 $145,200 $40,500 $104,700
2019 $2,312 $145,200 $40,500 $104,700
2018 $2,072 $143,400 $40,500 $102,900
2017 $1,904 $135,200 $39,300 $95,900
2016 $1,892 $121,000 $38,400 $82,600
2015 $1,773 $111,800 $37,000 $74,800
2014 $1,773 $111,800 $37,000 $74,800
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4221414

REALTOR® Association of Southern Minnesota

APN: 520001500145