NOT LISTED FOR SALE

5427 Shady Ln Duluth, MN 55811

Estimated Value: $259,000 - $618,000

1 Bed
-- Bath
424 Sq Ft
$936/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $216,000 $509 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,231/month

4 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Lake View
  • Proctor Senior High School Rated 9+
  • Docks
  • Deck

About This Home

As of September 2022

The cabin you’ve been waiting for just hit the market! This adorable oasis sits on the shores of Caribou Lake with shopping and restaurants less than 10 minutes away! You’ll love this location that allows you to “buzz to the lake” to enjoy your evening on the water and a beautiful sunset! That’s right, you get SUNSETS over the water! Summer days spent relaxing on these sandy shores is such a treat! The boat house provides great storage for all your water toys and the deck above is the perfect spot to enjoy lunch with friends and family! The cabins open floor plan has vaulted ceilings and views of the trees and lake. It feels like you’re in a tree house! There is a spot just outside the door that is perfect for grilling; another sitting area faces the lake and provides an escape from the sun under your beautiful trees. You’ll love the space this property provides both inside and out! The lot extends across the street and has a ton of potential! Loved and cherished for many years by family of the original owner; now it is your turn! Call today for your private showing!

Last Agent to Sell the Property

Cassandra Scrignoli

Messina & Associates Real Estate Listed on: 08/24/2022

Last Buyer's Agent

Deena Shykes

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1940

Lot Details

  • 26,572 Sq Ft Lot
  • Lot Dimensions are 50x535
  • Private Waterfront
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Cabin
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 424 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entryway
  • Combination Dining and Living Room
  • Lake Views
  • Crawl Space

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Storage Shed

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 280-0040-00280

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1940

Lot Details

0.61 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From US-53 turn onto Midway Rd, Left onto Kehtel Rd, Right onto Shady Ln, Cabin will be on your Left--> remaining land will be on your Right.
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: Seasonal
  • Tax Year: 2022
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Vaulted Ceilings
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 424
  • Garage Type: None
  • Heat: Propane
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Kitchen
  • TotalBedrooms: 1
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block, Wood
  • Basement Style: Crawl Space
  • Bathroom Description: None
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Entry
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Fin Square Footage: 424
  • Exercise Room Level2: Main

Exterior Features

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

Utilities

  • Power Company: Minnesota Power
  • Sewer: None
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 50X535
  • Estimated Number of Acres: 0.61
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline
  • Parcel Number: 280-0040-00280
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 30, 2022
Sold by
Cossin Cynthia B and Cossin Debra A
Bought by
Urshan Jordan D
Seller's Agent
Cassandra Scrignoli
Messina & Associates Real Estate
Buyer's Agent
Deena Shykes
RE/MAX Results
List Price
$216,000
Sold Price
$216,000
Current Estimated Value
$396,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,667
Avg. Annual Appreciation
19.14%
Original Mortgage
$208,000
Outstanding Balance
$178,439
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$218,228

Purchase Details

Closed on
Feb 4, 2022
Sold by
Brochu Ronald A and Brochu Debra A
Bought by
Brochu Ronald and Brochu Debra A

Purchase Details

Closed on
Jul 1, 2002
Sold by
Peterson Joyce Elizabeth
Bought by
Cossin Cynthia B and Brochu Debra A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Urshan Jordan D $216,000 Title Team
Brochu Ronald $500 Dahlbery Law Office Pa
St Louis County -- Vakiberg Larsclike Pa
Cossin Cynthia B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urshan Jordan D $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $216,000 0.0% $509 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $216,000 -- $509 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2024 $1,326 $140,400 $83,100 $57,300
2023 $1,224 $125,200 $75,600 $49,600
2022 $1,174 $107,500 $70,700 $36,800
2021 $1,124 $99,400 $67,200 $32,200
2020 $1,136 $95,800 $64,700 $31,100
2019 $1,122 $94,700 $64,700 $30,000
2018 $1,164 $94,700 $64,700 $30,000
2017 $1,082 $94,900 $64,900 $30,000
2016 $1,058 $92,200 $62,600 $29,600
2015 $1,087 $92,200 $62,600 $29,600
2014 $1,087 $92,200 $62,600 $29,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cassandra Scrignoli

    Messina & Associates Real Estate

    (218) 343-2222

    271 Total Sales

    Cassandra Scrignoli
    Section Image

  • D

    Buyer's Agent in 2022

    Deena Shykes

    RE/MAX

    150 Total Sales

    Deena Shykes
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105126

APN: 280004000280

Minnesota St Louis County Duluth 55811

5427 Shady Ln, Duluth, MN

Not Listed for Sale

Detached

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