NOT LISTED FOR SALE

5321 Shady Ln Duluth, MN 55811

Estimated Value: $434,000 - $645,000

2 Beds
2 Baths
1,398 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $475,000 $340 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,107/month

10 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Sauna
  • Deck
  • Proctor Senior High School Rated 9+
  • Panoramic View
  • Vaulted Ceiling

About This Home

As of April 2023

Caribou Lake! A-frame contemporary on nice flat lot! Open vaulted ceilings with window details with view of water! 2+ garage, wrap around deck. Gas fireplace. Storage/sauna building.

Last Agent to Sell the Property

Barbara Hanson

Adolphson Real Estate Listed on: 01/18/2023

Last Buyer's Agent

Michael Schraepfer

Heirloom Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Level Lot

Property Views

  • Lake
  • Panoramic

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,398 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Wood Frame Window
  • Living Room
  • Open Floorplan
  • Loft
  • Sauna
  • Dishwasher
  • Crawl Space

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Shared Waterfront
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 280-0040-00860

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,842

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Midway Rd, left at Industrial Rd, right on Shady Lane
  • L O1 Office Phone1 Number: 218-722-8736
  • List Price/ Sq Ft: 339.77
  • Road Maintenance: Public
  • ShorelineCharacteristics: Elevation-Medium
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Vaulted Ceilings, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1398
  • Garage Type: Detached
  • Heat: Ductless/Mini Split, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1987
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor, 3/4 Upper
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Loft
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Deck
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1398
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna
  • Road Frontage: County
  • Waterfront Access: Public
  • Water Frontage In Feet: 50
  • Waterfront Name: Caribou
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-01-19
  • Estimated Lot Dimensions: 50 x 300 apx
  • Estimated Number of Acres: 0.34
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Geo Subdivision: CA
  • Lot Description: Level
  • Parcel Number: 280-0040-00860
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 5, 2023
Sold by
Kaczmark Jill and Bredow Patricia
Bought by
Highland Park Land Co Llc
Seller's Agent
Barbara Hanson
Adolphson Real Estate
Buyer's Agent
Michael Schraepfer
Heirloom Realty, LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$536,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,004
Avg. Annual Appreciation
4.87%
Original Mortgage
$475,000
Outstanding Balance
$461,555
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$74,449
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
Highland Park Land Co Llc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Park Land Co Llc $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $475,000 0.0% $340 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $475,000 -- $340 / 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 $3,274 $294,500 $95,800 $198,700
2022 $2,842 $276,000 $89,900 $186,100
2021 $2,716 $245,900 $73,900 $172,000
2020 $2,702 $237,500 $71,400 $166,100
2019 $2,642 $231,900 $71,400 $160,500
2018 $2,726 $231,900 $71,400 $160,500
2017 $2,514 $232,000 $71,500 $160,500
2016 $2,468 $222,400 $70,000 $152,400
2015 $2,324 $205,200 $64,600 $140,600
2014 $2,324 $205,200 $64,600 $140,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Barbara Hanson

    Adolphson Real Estate

    (218) 590-3689

    46 Total Sales

    Barbara Hanson
    Section Image

  • M

    Buyer's Agent in 2023

    Michael Schraepfer

    Heirloom Realty, LLC

    (218) 390-4317

    28 Total Sales

    Michael Schraepfer
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106708

APN: 280004000860

Minnesota St Louis County Duluth 55811

5321 Shady Ln, Duluth, MN

This home is located at 5321 Shady Ln, Duluth, MN 55811 since 18 January 2023 and is currently estimated at $536,004, approximately $383 per square foot. This property was built in 1987. 5321 Shady Ln is a home located in St. Louis County with nearby schools including Pike Lake Elementary School, Jedlicka Middle School, and Proctor Senior High School.

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