NOT LISTED FOR SALE

5404 Otter River Rd Duluth, MN 55803

Estimated Value: $292,000 - $594,000

2 Beds
2 Baths
2,400 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $285,000 $119 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,592/month

25 Days on Market

Highlights

  • Boathouse
  • Lake View
  • Contemporary Architecture
  • 200 Feet of Waterfront
  • Deck
  • Recreation Room

About This Home

As of June 2016

Island Lake living--you've been thinking about it! The water is beautiful and the levels are just right for a summer of fun and adventure! Close quickly on this purchase and settle in soon. You'll love the beautiful lot which features just over 200' of shoreline on a protected and adorable inlet that not only has super easy access to the Big Water, but provides just a bit of protection on the days when you'll want it. Enjoy boating, fishing, swimming, skating, skiing, gardening--and enjoy nature & wildlife. The 2 BR/2 BA home was originally a cabin that later was given an addition that created lots of bright living space. Deck, patio, open concept main floor space, huge rec room--all these things contribute to fun times with family & friends. The property offers a lovely potting shed, big 2-car garage, gardens if you like, a quaint shore-hugging boat house and a gentle slope to the water. Facing approximately Southeast means you'll enjoy sun all day long. Compliant Septic. Leased land.

Last Agent to Sell the Property

Sheryl Homan

Edina Realty, Inc. - Duluth Listed on: 05/12/2016

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Mary Binsfield

Coldwell Banker Realty - Iron River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1965

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 207x207
  • 200 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Laundry on main level
  • Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

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

Finished Basement

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

Outdoor Features

  • Boathouse
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 660-6000-53520

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,906

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Rice Lake Rd/Hwy 4 North to Island Lake Inn--take an immediate Left on Boulder Dam Rd/269-- then 6.3 miles to the property. At the Y, veer LEFT onto Otter River Rd/269. Follow arrow. DO NOT FOLLOW GPS instructions to turn West on Emerson Rd.
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 118.75
  • Remodeled Addition: Yes
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Twp Number: 53
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Tiled Floors, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1664
  • Below Grade Finished Sq Ft: 736
  • Garage Type: Detached
  • Heat: Boiler, Propane
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1965
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Lower
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Finished, Walkout, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1664
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Mud Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Rec Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2400
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse
  • Water Frontage In Feet: 200
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-07-01
  • Estimated Lot Dimensions: 207x207
  • Estimated Number of Acres: 0.77
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium
  • Parcel Number: 660-6000-53520
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 2906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Minnesota Power and Allete Inc
Bought by
Manning Briana K and Manning Jason J
Current Estimated Value
$433,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Outstanding Balance
$94,733
Interest Rate
6.81%
Estimated Equity
$338,440
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
Manning Briana K $117,312 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning Briana K $157,000
Open Manning Briana K $264,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $285,000 0.0% $119 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $285,000 -- $119 / 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 $3,428 $350,900 $130,400 $220,500
2022 $4,042 $373,600 $130,400 $243,200
2021 $3,444 $352,500 $130,400 $222,100
2020 $3,490 $298,100 $112,800 $185,300
2019 $3,408 $298,100 $112,800 $185,300
2018 $3,454 $298,100 $112,800 $185,300
2017 $3,474 $298,100 $112,800 $185,300
2016 $2,906 $298,100 $112,800 $185,300
2015 $2,329 $232,000 $95,500 $136,500
2014 $2,329 $232,000 $95,500 $136,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6022294

APN: 660600053520