NOT LISTED FOR SALE

5484 W Island Lake Rd Duluth, MN 55803

Estimated Value: $271,000 - $539,000

3 Beds
2 Baths
1,448 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $235,000 $162 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,541/month

223 Days on Market

Highlights

  • 265 Feet of Waterfront
  • Docks
  • Sauna
  • Hermantown Elementary School Rated A-
  • Spa
  • Heated Floors

About This Home

As of June 2013

Private Island Lake contemporary home has 265' of shore. Built in 2000, this homes feature 3BRs with master bath, living room, dining room/kitchen combo, hot tub room, main floor laundry/utility room. Forced air furnace and xtra storage in attic. Huge 2 car garage and wood sauna house. Nice beach and view. 2012 lease amount $2177.55. Road association $200.00.

Last Agent to Sell the Property

Greg Tesdahl

Adolphson Real Estate Listed on: 09/13/2012

Last Buyer's Agent

Matt Privette

Real Living Messina & Associates

Real Living Messina & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • 2000

Lot Details

  • 2.5 Acre Lot
  • 265 Feet of Waterfront
  • Property fronts a private road

Home Design

  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Kitchen and Dining Room
  • Sauna
  • Heated Floors
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Docks
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 365-6000-05520

Community Details

Amenities

  • Sauna

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hot Tub, Natural Woodwork, Sauna, Skylight, Vaulted Ceilings, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Dock, Driveway - Gravel, Hot Tub, Patio
  • Estimated Number of Acres: 2.5
  • Beach Type: Gravel, Rocky
  • Construction: Previously Owned
  • Foundation Size: 1448
  • Mechanicals: Air to Air Exchange, Fuel Tank-Rented
  • Parcel Number: 365-6000-05520
  • Projected Closed Date: 06/04/2013
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14.2x12, On Level: Main
  • Room 2: Kitchen, 24x10, On Level: Main
  • Room 3: Bedroom, 17x12, On Level: Main
  • Room 4: Bedroom, 11x12, On Level: Main
  • Room 5: Bedroom, 8.5x10, On Level: Main
  • Room 6: Laundry Room, 12x8, On Level: Main
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1448
  • Total Fin Square Footage: 1448
  • Total Square Footage: 1448

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: Island
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Sauna, Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 265

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air, In Floor
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Shared: Hot Tub, Sauna

Lot Info

  • Estimated Lot Dimensions: Irr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Minnesota Power and Allete Inc
Bought by
Smith Robert J
Current Estimated Value
$419,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$104,731
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$315,129
Source: Public Records

Range of Values:

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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
Smith Robert J $137,384 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Robert J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $235,000 -14.5% $162 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
09/13/2012 09/13/12 For Sale $275,000 -- $190 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,776 $369,100 $133,500 $235,600
2022 $4,264 $369,100 $133,500 $235,600
2021 $3,558 $348,300 $133,500 $214,800
2020 $3,678 $294,300 $132,100 $162,200
2019 $3,644 $294,300 $132,100 $162,200
2018 $3,706 $294,300 $132,100 $162,200
2017 $3,680 $294,400 $132,200 $162,200
2016 $3,442 $294,400 $132,200 $162,200
2015 $2,545 $197,700 $87,100 $110,600
2014 $2,545 $197,700 $87,100 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4402837

REALTOR® Association of Southern Minnesota

APN: 365600005520