NOT LISTED FOR SALE

5308 Shady Ln Duluth, MN 55811

Estimated Value: $130,000 - $324,000

1 Bed
1 Bath
535 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $98,000 $183 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,117/month

7 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Wood Frame Window
  • Proctor Senior High School Rated 9+
  • Mud Room
  • Living Room

About This Home

As of October 2020

Located just minutes outside of Duluth and just a block away from public Caribou Lake access, this charming seasonal cabin was built with Finnish stick construction on nearly an acre is surrounded by gorgeous fall colors on a picturesque lot. The one room cabin features a loft, vaulted ceilings, an amazing Quadra-fire wood burning fireplace, a propane furnace, an open layout, a large mudroom, a 3/4 bath, tons of natural light, and a window-filled sunroom. The septic, which is a 1500 gal holding tank, was installed in 2009, there's a drilled well, vinyl siding, a wrap-around deck, an outdoor smoker under a gazebo, lots of woods, a huge firepit, and a simply beautiful, must-see setting. This would be perfect for a seasonal getaway and it's also been lived in year round.

Last Agent to Sell the Property

John Doberstein

RE/MAX Results Listed on: 09/22/2020

RE/MAX Results

Last Buyer's Agent

John Doberstein

RE/MAX Results Listed on: 09/22/2020

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1930

Lot Details

  • 0.77

Home Design

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

Interior Spaces

  • 535 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Frame Window
  • Mud Room
  • Living Room
  • Sun or Florida Room
  • Crawl Space

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Sewer Holding Tank

Additional Features

  • Deck
  • 0.77 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 280-0040-01160 & 280-0040-01120

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Hwy 53 to Midway Rd, turn right, go 2.9 miles N to Industrial Rd, turn left go 0.8 miles, turn right on Shady Ln, 2nd driveway on right.
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 183.18
  • Property Sub-Type: Seasonal
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 535
  • Garage Type: None
  • Heat: Wood, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Sunroom/Solarium
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Mud Room
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 535
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2020-09-22
  • Estimated Lot Dimensions: 67 x 200 + 50 x 400
  • Estimated Number of Acres: 0.77
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 280-0040-01160 & 280-0040-01120

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 2, 2020
Sold by
Ness Donald T
Bought by
Kinzley Charlotte and Moore John
Seller's Agent
John Doberstein
RE/MAX Results
Buyer's Agent
John Doberstein
RE/MAX Results
List Price
$98,000
Sold Price
$98,000
Current Estimated Value
$196,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,792
Avg. Annual Appreciation
15.06%
Original Mortgage
$88,200
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2007
Sold by
Vandenberg Karen E and Estate Of Alpha Betty Slatteng
Bought by
Ness Donald T and Ness Mary K
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
Kinzley Charlotte $98,000 Results Title
Ness Donald T $51,100 Rels
Moore John John $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinzley Charlotte $88,200
Closed Moore John John $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $98,000 0.0% $183 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $98,000 -- $183 / 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 $886 $92,200 $31,300 $60,900
2022 $864 $82,000 $30,000 $52,000
2021 $756 $74,200 $34,400 $39,800
2020 $762 $65,400 $33,400 $32,000
2019 $752 $64,300 $33,400 $30,900
2018 $778 $64,300 $33,400 $30,900
2017 $616 $64,300 $33,400 $30,900
2016 $576 $52,900 $21,000 $31,900
2015 $588 $50,600 $20,900 $29,700
2014 $588 $50,600 $20,900 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093215

APN: 280004001160