NOT LISTED FOR SALE

5458 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $407,000 - $459,000

4 Beds
2 Baths
1,964 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $375,000 $191 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,654/month

15 Days on Market

Highlights

  • Multiple Garages
  • 4.5 Acre Lot
  • Ranch Style House
  • Hermantown Elementary School Rated A-
  • Recreation Room
  • No HOA

About This Home

As of July 2022

This lovely 4 bed, 2 bath home sits on 4.5 acres in Hermantown! The main level is bright and welcoming, featuring an updated kitchen with a center island, tiled backsplash and stainless steel appliances. The open concept, combined living space also features a dining area and living room, all filled with natural light. Also on the main floor are 3 of the 4 bedrooms and a full bath. Downstairs is a large family room, complete with a bar area, an additional bedroom, 3/4 bath, laundry and rec room. Outside on the large lot is an attached 1 car garage and a detached 1 car garage with room for storage, and a good sized deck off the back of the house. Don't miss your chance - Come check it out!

Last Agent to Sell the Property

Josh Kalligher

RE/MAX Results Listed on: 03/21/2022

Last Buyer's Agent

Kevin Kalligher

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1960

Lot Details

  • 4.5 Acre Lot
  • Lot Dimensions are 194x1000

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Lower Floor Utility Room
  • Utility Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Garage
  • Multiple Garages
  • Insulated Garage
  • Driveway

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0010-04476

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,408

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Miller Trunk Hwy - Turn left on W Arrowhead Rd, drive 4 miles - home is on your left.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 190.94
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1211
  • Below Grade Finished Sq Ft: 753
  • Garage Type: Multiple
  • Heat: Boiler, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Rec Room
  • Room 12: Laundry Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan/Hood, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Egress Windows, Finished, Partially Finished, Bath, Bedrooms, 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
  • Extra Rooms: Utility Room, Bonus Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Family Room
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1964
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Steel
  • Window Features:Insulated Windows: Vinyl Frame, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Electrical Service, Insulation
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-03-21
  • Estimated Lot Dimensions: 194x1000
  • Estimated Number of Acres: 4.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-04476

Tax Info

  • Tax Amount: 3408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jun 28, 2022
Sold by
Veech Nicholas D and Veech Nicole
Bought by
Hodge Matthew
Seller's Agent
Josh Kalligher
RE/MAX Results
Buyer's Agent
Kevin Kalligher
RE/MAX Results
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$430,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,861
Avg. Annual Appreciation
2.36%
Original Mortgage
$337,500
Outstanding Balance
$323,430
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$80,880

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jun 23, 2022
Sold by
Veech Cheryl Y and Kedan Cheryl Veech
Bought by
Veech Nicholas D
Seller's Agent
Josh Kalligher
RE/MAX Results
Buyer's Agent
Kevin Kalligher
RE/MAX Results
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$323,430
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$80,880

Purchase Details

Closed on
Oct 3, 2014
Sold by
Veech Clarice J and Veech Dale R
Bought by
Veech Nicholas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,790
Interest Rate
4.37%
Mortgage Type
FHA
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
Hodge Matthew $375,000 Northshore Title
Veech Nicholas D $500 Northshore Title
Veech Nicholas D $195,000 St Louis County Title
Veech -- St Louis County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Matthew $337,500
Previous Owner Veech Nicholas D $207,570
Previous Owner Veech $176,790
Previous Owner Veech Clarice J $258,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $375,000 0.0% $191 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $375,000 -- $191 / 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 $4,538 $315,700 $52,400 $263,300
2022 $3,408 $261,100 $51,300 $209,800
2021 $3,646 $229,600 $48,600 $181,000
2020 $3,200 $225,600 $48,000 $177,600
2019 $3,000 $218,300 $71,100 $147,200
2018 $2,682 $209,900 $62,700 $147,200
2017 $2,456 $191,300 $55,600 $135,700
2016 $2,282 $181,200 $52,100 $129,100
2015 $2,248 $153,400 $45,100 $108,300
2014 $2,095 $144,000 $42,100 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101753

APN: 395001004476