NOT LISTED FOR SALE

5437 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $291,000 - $373,000

3 Beds
2 Baths
1,874 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $265,000 $141 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,960/month

2 Days on Market

Highlights

  • Recreation Room
  • No HOA
  • Living Room
  • Hermantown Elementary School Rated A-
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of September 2024

This charming 3-bedroom, 2-bath split-level home in Hermantown is conveniently located just a mile from the local elementary, middle, and high schools, as well as the hockey rink and Ascentia Wellness Center. Nestled on a spacious 1-acre lot, the home features an open-concept kitchen with marble countertops, a master suite, and a large deck perfect for enjoying the beautiful surroundings. The lower level boasts a generous recreational space, ideal for entertaining. Please note, the home has been smoked in for many years and continues to be smoked in. The garage is in fair condition, and the property is being sold as-is.

Last Agent to Sell the Property

Emilie Slattengren

Realty Group LLC - Forest Lake Listed on: 08/15/2024

Last Buyer's Agent

Emilie Slattengren

Realty Group LLC - Forest Lake Listed on: 08/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 360x126

Parking

  • 2 Car Detached Garage

Home Design

  • Split Foyer
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0063-00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,872

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: take Arrowhead East from Ugstad. Home is on the Right
  • L O1 Office Phone1 Number: 651-603-4480
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 954
  • Below Grade Finished Sq Ft: 920
  • Garage Type: Detached
  • Heat: Electric
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • RoomLevel6: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Master, Full Upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Primary Bedroom
  • Stories: 1 Story
  • Room 6: Rec Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1874
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

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: 360x126
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0063-00070

Tax Info

  • Tax Amount: 2872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 20, 2024
Sold by
Thomas And Denice Wilson Living Trust and Wilson Thomas Edward
Bought by
Klucas Jeffrey
Seller's Agent
Emilie Slattengren
Realty Group LLC - Forest Lake
Buyer's Agent
Emilie Slattengren
Realty Group LLC - Forest Lake
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
7
Current Estimated Value
$325,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,355
Avg. Annual Appreciation
20.71%
Original Mortgage
$180,000
Outstanding Balance
$177,984
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$147,371

Purchase Details

Closed on
Nov 2, 2015
Sold by
Wilson Thomas Edward and Wilson Denice Elizabeth
Bought by
Wilson Thomas Edward and Wilson Denice Elizabeth

Purchase Details

Closed on
Sep 30, 2004
Sold by
Hoy Sandra Lee
Bought by
Wilson Thomas E and Wilson Denice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Hoy Gerald V
Bought by
Hoy Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Naramore John
Bought by
Hoy Sandy L and Hoy Sandra
Source: Public Records

Range of Values:

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Average Value
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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
Klucas Jeffrey $265,000 North Shore Title
Wilson Thomas Edward -- Attorney
Wilson Thomas E $215,000 --
Hoy Sandra Lee -- Arrowhead
Hoy Sandy L $68,500 Arrowhead Abstract & Title C
Hoy Sandy L $68,500 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klucas Jeffrey $180,000
Previous Owner Wilson Thomas E $215,000
Previous Owner Hoy Sandra Lee $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $265,000 -3.6% $141 / Sq Ft
08/15/2024 08/15/24 For Sale $275,000 -- $147 / 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
2024 $3,084 $246,300 $53,800 $192,500
2023 $3,084 $223,500 $48,100 $175,400
2022 $2,872 $200,700 $47,500 $153,200
2021 $2,558 $183,700 $46,200 $137,500
2020 $3,014 $183,700 $46,200 $137,500
2019 $2,674 $207,300 $52,800 $154,500
2018 $2,516 $190,400 $47,100 $143,300
2017 $2,300 $181,200 $44,400 $136,800
2016 $1,952 $171,600 $44,400 $127,200
2015 $1,906 $129,500 $35,000 $94,500
2014 $1,805 $123,800 $34,600 $89,200
Source: Public Records

Agents Affiliated with this Home

  • Emilie Slattengren

    Seller's Agent in 2024

    Emilie Slattengren

    Realty Group LLC - Forest Lake

    (218) 349-2541

    8 in this area

    40 Total Sales

    Emilie Slattengren
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115540

APN: 395006300070

Minnesota St Louis County Hermantown 55811

5437 W Arrowhead Rd, Hermantown, MN

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