NOT LISTED FOR SALE

5482 W Island Lake Rd Duluth, MN 55803

Estimated Value: $349,000 - $620,525

3 Beds
2 Baths
1,400 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $475,000 $339 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,035/month

6 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Lake View
  • Hermantown Elementary School Rated A-
  • RV Access or Parking
  • Heated Floors

About This Home

As of September 2020

STUNNING one level living on Island Lake! Updated and immaculate 3 bedroom, 2 bath home with 310ft of lake front and 3 acres! Open concept offers that entertaining space everyone wants, with beautiful views of the lake. Updated kitchen w/samsung appliances. The living room has vaulted ceilings, new carpet and gas fireplace for the chilly nights. All bedrooms placed near each other, the master features a 3/4 bath, walk in closet and French doors to the patio. Each morning you'll be able to wake up to a lake view or even watch the sun rise from bed. Newer boiler, shingles, siding, flooring, lighting, paint, gutters, some new windows and beautiful stone work on the front steps and garage (and much more). The stamped concrete patio is amazing and is the perfect spot to watch the sunrise. The 40x60 garage is insulated, sheet rocked and heated! The boathouse/garage has brand new siding and sits near the lake. You'll love having your own private boat launch. This lake lot is gorgeous, private and level. Don't miss your chance to call this beauty, home!

Last Agent to Sell the Property

Deena Shykes

RE/MAX Results Listed on: 07/02/2020

Last Buyer's Agent

Marina Peterson

Northland Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1994

Lot Details

  • 3 Acre Lot
  • Private Waterfront
  • 310 Feet of Waterfront
  • Lake Front
  • Land Lease of $3,048

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Finished Basement Bathroom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 6 Car Detached Garage
  • Heated Garage
  • RV Access or Parking

Outdoor Features

  • Boathouse
  • Patio
  • Storage Shed

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 365-6000-05525

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,949

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Lavaque Rd, Left on Taft Rd, R on E Cook Lake Rd, Stay R for Island Lake Rd. Property on R
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-722-2810
  • LotLeaseAmount: 3047.5
  • List Price/ Sq Ft: 339.29
  • Remodeled Addition: Yes
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Tiled Floors, Main Floor Laundry
  • Amenities Exterior: Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1400
  • Garage Type: Detached
  • Heat: Fireplace, In Floor, Ductless/Mini Split, Propane, Electric
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor, 1/4 Basement
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Laundry Room
  • Room 8: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1400
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Storage Shed
  • Waterfront Access: Private
  • Water Frontage In Feet: 310
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: RV Parking
  • Garage Features: Heat
  • Garage Capacity: 6
  • ParkingFeaturesGarageDimensions: 40x60

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-07-03
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 365-6000-05525
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 3949

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
09/03/2020 09/03/20 Sold $475,000 0.0% $339 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $475,000 -- $339 / 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 $4,988 $475,000 $171,800 $303,200
2022 $5,892 $475,000 $171,800 $303,200
2021 $3,846 $474,800 $183,300 $291,500
2020 $3,974 $315,700 $121,900 $193,800
2019 $224 $315,700 $121,900 $193,800
2018 $226 $315,700 $121,900 $193,800
2017 $226 $315,600 $121,800 $193,800
2016 $212 $315,600 $121,800 $193,800
2015 $18 $0 $0 $0
2014 $18 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091357

APN: 365600005525