NOT LISTED FOR SALE

5431 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $332,000 - $360,000

3 Beds
2 Baths
1,692 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $315,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,177/month

21 Days on Market

Highlights

  • Deck
  • Recreation Room
  • No HOA
  • Hermantown Elementary School Rated A-
  • Ranch Style House
  • Lower Floor Utility Room

About This Home

As of October 2024

Hermantown Ranch on almost an acre lot with city water, sewer and gas! Come check out this awesome 3+ bedroom home that features a big yard and deck. You will love this space for entertaining and for everyday life. The kitchen is OPEN to the dining with a big breakfast bar, sliding glass door to the deck and even features a fireplace! This is such a great space overlooking your backyard! The living room is right here too. All 3 bedrooms are together on the main floor with a bathroom. Downstairs is a huge rec room to use as you please! There is a storage area, laundry and a 3/4 bath down here too. The oversized garage is the icing on the cake. Just down the road from Hermantown schools, the Hermantown YMCA, and easy assess to the entire area. Make this home yours today!

Last Agent to Sell the Property

Cassandra Scrignoli

Messina & Associates Real Estate Listed on: 08/05/2024

Last Buyer's Agent

Trish Kroening

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 1960

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 127x317

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0063-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,905

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 53 to W Arrowhead Rd to home on right
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1212
  • Below Grade Finished Sq Ft: 480
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Partially Finished, Bath, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • 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
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Rec Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1692
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 22x26

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Hermantown #700

Lot Info

  • Estimated Lot Dimensions: 127x317
  • Estimated Number of Acres: 0.99
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0063-00060

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 3905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 4, 2024
Sold by
Arcega Jay Arbas and Arcega Natasha
Bought by
Flanagan David and Flanagan Kiersten
Seller's Agent
Cassandra Scrignoli
Messina & Associates Real Estate
Buyer's Agent
Trish Kroening
RE/MAX Results
List Price
$339,900
Sold Price
$315,000
Premium/Discount to List
-$24,900
-7.33%
Views
8
Current Estimated Value
$351,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,107
Avg. Annual Appreciation
6.49%
Original Mortgage
$270,000
Outstanding Balance
$267,162
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$76,194

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 27, 2020
Sold by
Borndal Eric and Borndal Katrina
Bought by
Arcega Jay Arbas
Seller's Agent
Albert Hepp
BuySelf, Inc
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$278,000
Sold Price
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$284,394
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 2015
Sold by
Sohlstrom Paul G and Sohlstrom Jamie A
Bought by
Borndal Eric and Borndal Katrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,100
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 28, 2012
Sold by
Clark Elizabeth M
Bought by
Sohlstrom Paul G and Sohlstrom Jamie A
Seller's Agent
Jamie Sathers-Day
J.S. Realty
Buyer's Agent
Mike Peller
Gables & Ivy Real Estate
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$189,905
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Griffith Armond J and Griffith Donna M
Bought by
Clark Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,994
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Flanagan David $315,000 Results Title
Arcega Jay Arbas $278,000 First American Title Ins Co
Borndal Eric $218,000 Stewart Title Company
Sohlstrom Paul G $199,900 Rels
Clark Elizabeth M $146,900 Pioneer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan David $270,000
Previous Owner Arcega Jay Arbas $284,394
Previous Owner Borndal Eric $207,100
Previous Owner Sohlstrom Paul G $189,905
Previous Owner Clark Elizabeth M $133,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $315,000 -3.0% $186 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $324,900 -4.4% $192 / Sq Ft
08/05/2024 08/05/24 For Sale $339,900 +22.3% $201 / Sq Ft
07/29/2020 07/29/20 Sold $278,000 0.0% $153 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $278,000 +39.1% $153 / Sq Ft
06/28/2012 06/28/12 Sold $199,900 0.0% $110 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $199,900 -- $110 / 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 $4,242 $324,600 $57,400 $267,200
2023 $4,242 $294,800 $51,200 $243,600
2022 $3,930 $263,300 $50,600 $212,700
2021 $3,318 $240,200 $49,300 $190,900
2020 $3,290 $229,400 $45,600 $183,800
2019 $2,926 $223,500 $51,800 $171,700
2018 $2,756 $205,500 $46,300 $159,200
2017 $2,516 $195,700 $43,600 $152,100
2016 $2,338 $184,900 $43,600 $141,300
2015 $2,254 $153,800 $39,300 $114,500
2014 $2,139 $147,100 $39,000 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115310

APN: 395006300060

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