NOT LISTED FOR SALE

5309 Shady Ln Duluth, MN 55811

Estimated Value: $442,000 - $579,000

2 Beds
2 Baths
1,290 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $290,000 $225 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,213/month

Highlights

  • Private Waterfront
  • 2 Fireplaces
  • Living Room
  • Proctor Senior High School Rated 9+
  • Enclosed Patio or Porch
  • Bathroom on Main Level

About This Home

As of August 2018

Caribou Lake home, 100 Ft of frontage with two levels of living with kitchens and baths and a bonus lakefront Beach house and boat house. Wonderful deck overlooking the lake and yard. Shallow sandy beach front perfect for swimming and waterfront fun. . The dock, row boat, pontoon will be included in the sale. Convenient location 15 min to Duluth and shopping, 5 min to Pike Lake. Call for your private showing today!

Last Agent to Sell the Property

Timothy Belcastro

North Point Realty Listed on: 08/22/2018

Last Buyer's Agent

Jeffrey Urbaniak

North Point Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 1940

Lot Details

  • 3.4 Acre Lot
  • Lot Dimensions are 100x1500
  • Private Waterfront
  • 100 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 280-0040-00950 & 00940

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,972

Year Built

Built in 1940

Lot Details

3.4 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Hwy 53 to Midway Rd. R on Midway to Industrial Rd. L on Industrial to R on Shady Ln.
  • L O1 Office Phone1 Number: 218-624-2667
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 645
  • Below Grade Finished Sq Ft: 645
  • Garage Type: None
  • Heat: Baseboard, Fireplace, Propane, Electric
  • Fireplaces: 2
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1940
  • Level 1 Bedroom: Lower
  • RoomLevel3: Lower
  • RoomLevel4: Lower
  • RoomLevel5: Lower
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main level
  • Level 2 Three Quarter Bathrooms: lower level
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Bedroom
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: 3 Season Porch
  • Stories: 1 Story
  • Room 6: Bathroom
  • Room 7: Dining Room
  • Room 8: Kitchen
  • Room 9: Living Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1290
  • Exercise Room Level2: Lower

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 100
  • Waterfront Name: Caribou
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

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

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 100x1500
  • Estimated Number of Acres: 3.4
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 280-0040-00950 & 00940
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1971.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Simonson Thomas D
Bought by
Simonson Thomas D and The Thomas D Simonson Living T
Current Estimated Value
$528,374

Purchase Details

Closed on
Sep 18, 2020
Sold by
Simonson Joseph T
Bought by
Simonson Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,700
Outstanding Balance
$207,807
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$320,567

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 21, 2018
Sold by
Krupp Deborah Lynn and Samuelson Michael
Bought by
Simonson Joseph T and Simonson Thomas D
Seller's Agent
Timothy Belcastro
North Point Realty
Buyer's Agent
Jeffrey Urbaniak
North Point Realty
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$232,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Krupp Ralph R
Bought by
Krupp Deborah L and Krupp Neimi Amy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Simonson Thomas D -- None Available
Simonson Thomas D -- Home Security Abstract & Ttl
Simonson Joseph T $290,000 First American Title Insuran
Krupp Deborah L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonson Thomas D $234,700
Previous Owner Simonson Joseph T $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 For Sale $290,000 0.0% $225 / Sq Ft
08/21/2018 08/21/18 Sold $290,000 -- $225 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
Source: Lake Superior Area REALTORS®

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
2024 $4,676 $478,500 $96,700 $381,800
2023 $4,676 $439,100 $88,500 $350,600
2022 $4,250 $411,500 $83,100 $328,400
2021 $2,658 $350,100 $74,300 $275,800
2020 $1,862 $232,900 $71,800 $161,100
2019 $1,656 $168,700 $71,800 $96,900
2018 $1,984 $157,000 $71,800 $85,200
2017 $1,794 $157,200 $72,000 $85,200
2016 $1,756 $148,400 $70,500 $77,900
2015 $1,807 $148,400 $70,500 $77,900
2014 $1,807 $148,400 $70,500 $77,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6078052

APN: 280004000950

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