NOT LISTED FOR SALE

5394 Otter River Rd Duluth, MN 55803

Estimated Value: $186,000 - $591,000

2 Beds
2 Baths
1,496 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $335,000 $224 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,328/month

Highlights

  • Private Waterfront
  • Ranch Style House
  • Bathroom on Main Level
  • Spa
  • 2 Car Detached Garage
  • Combination Dining and Living Room

About This Home

As of June 2021

A Charming Cottage on Island Lake! Take a swim from the sandy beach that is just steps from this sweet lake home. A two bedroom, two bath and two car garage home that offers a free standing stove, spiral staircase, sauna, a full U~shaped upper level kitchen, mini kitchen in the lower level, tongue and groove ceiling, and huge picture windows that frame Island Lake. Main floor laundry as well. A Lake Lifestyle at a great price.

Last Agent to Sell the Property

Carol Carlson

Messina & Associates Real Estate Listed on: 05/13/2021

Last Buyer's Agent

Kevin Rappana

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1968

Lot Details

  • 2 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Land Lease of $550

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Pool

  • Spa

Utilities

  • Heating System Uses Propane
  • Drilled Well
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 660-6000-53500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Rice Lake Road to Bear Island Rd follow to Otter River Rd down to the home
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 550
  • List Price/ Sq Ft: 223.93
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 748
  • Below Grade Finished Sq Ft: 748
  • Garage Type: Detached
  • Heat: Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1968
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bath, Family/Rec Room, Kitchen
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Basement, 3/4 Upper, Full Upper
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Spa/Sauna
  • 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
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1496
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2021-05-20
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 660-6000-53500
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2594

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $335,000 0.0% $224 / Sq Ft
05/13/2021 05/13/21 For Sale $335,000 -- $224 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
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 $3,326 $340,300 $155,500 $184,800
2022 $2,880 $313,500 $155,500 $158,000
2021 $2,594 $250,600 $133,300 $117,300
2020 $2,630 $224,000 $118,700 $105,300
2019 $2,566 $224,000 $118,700 $105,300
2018 $2,602 $224,000 $118,700 $105,300
2017 $2,616 $224,000 $118,700 $105,300
2016 $2,170 $224,000 $118,700 $105,300
2015 $2,065 $195,500 $102,000 $93,500
2014 $2,065 $195,500 $102,000 $93,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6096924

APN: 660600053500