NOT LISTED FOR SALE

5440 W Island Lake Rd Duluth, MN 55803

Estimated Value: $143,000 - $810,000

2 Beds
1 Bath
672 Sq Ft
$630/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $205,500 $306 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,506/month

17 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Deck
  • Community Boat Slip
  • Bay View
  • Ranch Style House

About This Home

As of May 2019

Very large, Southern facing lot, very private bay and a point with multiple opportunities for development. MN Power leased land. Stands of Birch, Pine and winding trains through the properties woods await. The lot to the West, SW, won't be developed as there is a creek that runs right through the middle of it. Because of this, the feeling one experiences while at this property is of over 700 ft of private shoreline. This is an incredibly private place. As this property was beginning to be developed, the 2018 septic system was designed and installed to accommodate a 4 bedroom home and was relocated across the road to increase development options.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 04/02/2019

Last Buyer's Agent

Deanna Bennett

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1989

Lot Details

  • 3.3 Acre Lot
  • Private Waterfront
  • 260 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Land Lease of $3,020

Property Views

  • Bay
  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Open Floorplan
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 660-6000-52515

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,212

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Duluth: north on rice lake rd (cty hwy 4) before reaching island lake, left on emerson rd. (cty rd 43). continue to E. Cook Lake rd, take a right and a right on W Island lake Rd, proceed to 5440.
  • L O1 Office Phone1 Number: 612-490-1268
  • LotLeaseAmount: 3020
  • List Price/ Sq Ft: 305.8
  • ShorelineCharacteristics: Hard, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake, Bay, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Window
  • Reso Association Amenities: Ceiling Fans, Patio Door
  • Amenities Exterior: Boat Slip, Deck, Dock, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 672
  • Garage Type: None
  • Heat: Baseboard
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 2
  • Year Built: 1989
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: Main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 672

Exterior Features

  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 260
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Double Glazed, Screens

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Schools

  • School District: Hermantown #700
  • Junior High Dist: Hermantown #700

Lot Info

  • Geo Update Timestamp: 2019-04-03
  • Estimated Number of Acres: 3.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 660-6000-52515
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2212

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $205,500 0.0% $306 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $205,500 -- $306 / 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 $3,140 $318,700 $131,200 $187,500
2022 $2,402 $251,700 $131,200 $120,500
2021 $2,178 $205,400 $131,200 $74,200
2020 $2,230 $187,200 $120,400 $66,800
2019 $2,212 $187,200 $120,400 $66,800
2018 $2,252 $187,200 $120,400 $66,800
2017 $2,274 $187,200 $120,400 $66,800
2016 $2,064 $187,200 $120,400 $66,800
2015 $2,098 $168,800 $108,300 $60,500
2014 $2,098 $168,800 $108,300 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081609

APN: 660600052515