NOT LISTED FOR SALE

5388 5388 N Tischer Rd Duluth, MN 55803

Estimated Value: $331,543 - $472,000

1 Bed
1 Bath
750 Sq Ft
$519/Sq Ft Est. Value

Last Sold April 23, 2012

Last sale price $184,000 $245 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,336/month

135 Days on Market

Highlights

  • 375 Feet of Waterfront
  • New Construction
  • Deck
  • Lakewood Elementary School Rated 9+
  • Heated Floors
  • Vaulted Ceiling

About This Home

As of April 2012

David Salmela designed cabin on the Lester River as featured in his book The Invisible Element of Place. These buildings were designed to be the first stage of a private river retreat. Live here while you build the main home or just live here as is. Two buildings with opposing shed roofs are connected via cedar deck and covered breezeway. The main space has living/dining/kitchen, 3/4 bath, and sleeping loft. It brings the outside in with large windows overlooking the natural wooded setting. The garage doubles as the main bedroom and both buildings are slab heated with a high efficiency modulating boiler. The exterior is wrapped in standing-seam metal cladding and Richlite siding. All this on 5 private acres with Lester River Frontage.

Last Agent to Sell the Property

Kevin Rappana

RE/MAX 1 - Duluth Listed on: 11/07/2011

Last Buyer's Agent

Frank Rush

East West Property Management, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • 2010

Lot Details

  • 4.93 Acre Lot
  • 375 Feet of Waterfront
  • River Front

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 750 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Heated Floors
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Heating System Uses Wood
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 415-0010-04251

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

2010

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Vaulted Ceilings
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 4.93
  • Construction: Completed New Construction
  • Foundation Size: 728
  • Mechanicals: Fuel Tank-Owned, Fuel Tank-Rented
  • Parcel Number: 415-0010-04251
  • Projected Closed Date: 04/23/2012
  • Stories: 1.25 - 1.75 Story
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Dining Room: Breakfast Bar
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 2: Kitchen, 8x8, On Level: Main
  • Room 9: Bedroom, 14x26, On Level: Main
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 750
  • Total Fin Square Footage: 750
  • Total Square Footage: 750

Exterior Features

  • Waterfront Name: Lester River
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Storage Shed
  • Roof: Metal
  • Waterfront: Yes
  • Water Frontage: 375
  • Waterfront Description: River

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Electric, Wood
  • Heat: In Floor
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 330 x 750 +/-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2011
Closed on
Apr 23, 2012
Sold by
Whitehill Matthew F and Taylor Kathryn H
Bought by
Odenbach Paul and Odenbach Melissa
Seller's Agent
Kevin Rappana
RE/MAX 1 - Duluth
Buyer's Agent
Frank Rush
East West Property Management, LLC
List Price
$199,900
Sold Price
$184,000
Premium/Discount to List
-$15,900
-7.95%
Current Estimated Value
$389,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,386
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Aug 22, 2007
Sold by
North Line Group Inc
Bought by
Friday Brett and Friday Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Molitor Todd E and Molitor Jodi L
Bought by
Whitehill Matthew F and Taylor Kathryn H
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
Odenbach Paul $184,000 Rels Title
Friday Brett $350,000 National Title
Whitehill Matthew F $60,000 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitehill Matthew F $100,000
Previous Owner Friday Brett $210,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2012 04/23/12 Sold $184,000 -8.0% $245 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $199,900 -- $267 / 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 $1,998 $180,300 $104,900 $75,400
2022 $2,730 $175,400 $100,000 $75,400
2021 $2,656 $207,300 $154,000 $53,300
2020 $2,714 $202,700 $149,400 $53,300
2019 $2,764 $201,100 $149,400 $51,700
2018 $2,644 $201,100 $149,400 $51,700
2017 $1,580 $193,400 $147,400 $46,000
2016 $1,520 $117,800 $72,500 $45,300
2015 $1,546 $113,700 $72,500 $41,200
2014 $1,546 $110,900 $69,700 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4221305

REALTOR® Association of Southern Minnesota

APN: 415001004251