NOT LISTED FOR SALE

5423 Shady Ln Duluth, MN 55811

Estimated Value: $217,000 - $245,000

1 Bed
0.5 Bath
540 Sq Ft
$426/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $128,000 $237 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,419/month

8 Days on Market

Highlights

  • Boathouse
  • 50 Feet of Waterfront
  • Vaulted Ceiling
  • Proctor Senior High School Rated 9+
  • Lake View
  • Living Room

About This Home

As of July 2016

Enjoy the summer at this seasonal "A-frame" cabin not far from town. Complete with boat house and bunk house this property is a treasure. Some furnishing and personal property included! Don't miss out on the great fishing Caribou Lake has to offer as well as swimming, boating, water sports and so much more. Relax in your screened porch or on one of the two decks. Priced to sell at $129,000. Monthly Utilities: Water=Well, Sewer=Holding Tank, $150/year to get pumped. Electricity=$10/month.

Last Agent to Sell the Property

Jackie Sathers

JS Realty Listed on: 05/02/2016

Last Buyer's Agent

Jamie Sathers-Day

JS Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1940

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 50x542
  • 50 Feet of Waterfront
  • Lake Front
  • Landscaped

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 540 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 0.5 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Boathouse
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • Caribou Lake Tracts Community

Listing and Financial Details

  • Assessor Parcel Number 280-0040-00300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N Hwy 53 to R on Midway Rd to end which turns into Kehtel Rd to R on Shady Ln
  • Hobby Farm: No
  • L O1 Office Phone1 Number: 218-729-9784
  • List Price/ Sq Ft: 237.04
  • Remodeled Addition: No
  • ShorelineCharacteristics: Gravel
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Vaulted Ceilings
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 540
  • Garage Type: None
  • Heat: Forced Air, Propane
  • DevComplexSubName: Caribou Lake Tracts
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Second Floor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Other
  • Estimated Basement Sq Ft: 360
  • Basement Style: Slab
  • Bathroom 1 Level: 1
  • Bathroom Description: 1/2 Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 540
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Storage Shed
  • Water Frontage In Feet: 50
  • Waterfront Name: Caribou
  • Construction Status: Previously Owned
  • Exterior: Stucco, Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-08-01
  • Estimated Lot Dimensions: 50x542
  • Estimated Number of Acres: 0.62
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped
  • Parcel Number: 280-0040-00300
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1259.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jul 29, 2016
Sold by
Vanden Einde Mark W and Vanden Einde Sandra L
Bought by
Romundstad Christian Lee
Seller's Agent
Jackie Sathers
JS Realty
Buyer's Agent
Jamie Sathers-Day
JS Realty
List Price
$128,000
Sold Price
$128,000
Current Estimated Value
$229,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,950
Avg. Annual Appreciation
6.60%
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
Romundstad Christian Lee $128,000 Arrowhead Abstract & Title C
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $128,000 0.0% $237 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $128,000 -- $237 / 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 $1,658 $155,400 $79,500 $75,900
2022 $1,566 $145,600 $74,500 $71,100
2021 $1,484 $130,900 $70,500 $60,400
2020 $1,494 $124,800 $68,000 $56,800
2019 $1,480 $122,800 $68,000 $54,800
2018 $1,538 $122,800 $68,000 $54,800
2017 $1,300 $123,300 $68,200 $55,100
2016 $1,272 $109,400 $66,700 $42,700
2015 $1,307 $109,400 $66,700 $42,700
2014 $1,307 $109,400 $66,700 $42,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021974

APN: 280004000300