NOT LISTED FOR SALE

5388 Old Highway 61 Duluth, MN 55810

Estimated Value: $436,000 - $506,000

4 Beds
2.5 Baths
1,920 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $242,250 $126 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,898/month

9 Days on Market

Highlights

  • 16.09 Acre Lot
  • Open Floorplan
  • Wood Burning Stove
  • Proctor Senior High School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of September 2014

Move-In condition 4 bedroom, 3 bath home on 16 amazing acres of property. Hunt right out your back door or make your own maple syrup from the abundance of mature Maple trees. Open floor plan, full basement with walk-out, large master bedroom with private bath & walk in closet, & huge back deck.

Last Agent to Sell the Property

Kevin O'Brien

Real Living Messina & Associates Listed on: 08/04/2014

Last Buyer's Agent

Matt Janousek

Edina Realty Inc - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,556

Year Built

  • 2006

Lot Details

  • 16.09 Acre Lot
  • Lot Dimensions are 660 x 1000

Parking

  • Gravel Driveway

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Stove
  • Dining Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet

Additional Features

  • Air Exchanger
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 450-0010-02271

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,556

Year Built

2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Broadband Available, Kitchen Center Island, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 16.09
  • Assessment Balance: 18
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1680
  • Mechanicals: Air to Air Exchange, Water Heater-Gas
  • Parcel Number: 450-0010-02271
  • Projected Closed Date: 09/19/2014
  • Stories: 1 Story
  • Taxes With Assessments: 3046.16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Breakfast Bar, Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Full Master, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Kitchen, 12x12, On Level: Main
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 3: Living Room, 21x15, On Level: Main
  • Room 4: Foyer, 5x5, On Level: Main
  • Room 5: Den/Office, 10x6, On Level: Main
  • Room 6: Laundry Room, 10x6, On Level: Main
  • Room 7: 15x15, On Level: Main
  • Room 8: Bedroom, 12x11, On Level: Main
  • Room 9: Bedroom, 13x12, On Level: Main
  • Room 10: Bedroom, 16x15, On Level: Lower
  • Room 11: Family Room, 20x24, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Drainage System, Partially Finished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1680
  • Below Grade Finished Sq Ft: 240
  • Total Fin Square Footage: 1920
  • Total Square Footage: 1680

Exterior Features

  • Frontage Road: Paved
  • Construction Type: Modular
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Utilities

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

Schools

  • School District: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 660 x 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 12, 2014
Sold by
Silvis Jenny M and Silvis Michael
Bought by
Mcphee Thomas J
Seller's Agent
Kevin O'Brien
Real Living Messina & Associates
Buyer's Agent
Matt Janousek
Edina Realty Inc - Duluth
List Price
$249,900
Sold Price
$242,250
Premium/Discount to List
-$7,650
-3.06%
Current Estimated Value
$474,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,143
Avg. Annual Appreciation
6.19%
Original Mortgage
$120,000
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Mcphee Thomas J $242,251 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphee Thomas J $146,200
Closed Mcphee Thomas J $120,000
Previous Owner Silvis Michael R T $184,200
Previous Owner Silvis Michael Rt $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $242,250 -3.1% $126 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $249,900 -- $130 / 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 $4,556 $401,900 $80,200 $321,700
2022 $4,478 $375,000 $75,900 $299,100
2021 $4,296 $343,800 $72,800 $271,000
2020 $3,698 $337,800 $71,800 $266,000
2019 $3,330 $288,900 $60,000 $228,900
2018 $3,424 $269,100 $56,700 $212,400
2017 $3,128 $269,100 $56,700 $212,400
2016 $3,144 $252,600 $56,700 $195,900
2015 $3,046 $243,100 $64,100 $179,000
2014 $3,046 $230,200 $63,600 $166,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4656475

REALTOR® Association of Southern Minnesota

APN: 450001002271