NOT LISTED FOR SALE

5486 Martin Rd Duluth, MN 55811

Estimated Value: $413,000 - $592,000

4 Beds
2 Baths
2,240 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $315,500 $141 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,912/month

1 Day on Market

Highlights

  • Deck
  • 2-Story Property
  • 3 Car Detached Garage
  • Proctor Senior High School Rated 9+
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of February 2021

This close country 4 bedroom home fits the country lifestyle perfect. Tucked away off the paved road sits this updated raised ranch 4 bedroom home on 8 acres! Completely painted from top to bottom and shiny! Brand new flooring throughout, every room has been painted the kitchen has been updated and both bath's have been renovated or remodeled and the septic is non-conforming. Fantastic lower level with a built in bar/game area plus a cozy/fireplace room! Enjoy the gorgeous acreage with fire pit, trails, 2 decks, and a 3 car garage with is insulated and heated! A unique additional feature is a "bomb shelter" with electricity and its own well!

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 12/18/2020

Last Buyer's Agent

Kevin O'Brien

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1974

Lot Details

  • 8 Acre Lot
  • Lot Dimensions are 660x530
  • Many Trees

Home Design

  • 2-Story Property
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Stone Exterior Construction

Interior Spaces

  • Electric Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Insulated Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 280-0030-01061

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: follow gps to 5486 Martin Rd
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 140.85
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Walk-In Closet
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1120
  • Below Grade Finished Sq Ft: 1120
  • Garage Type: Detached
  • Heat: Baseboard, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1974
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • 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 Features: Finished, Walkout, Bath, Bedrooms, Family/Rec 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
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Family Room
  • Room 8: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2240
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Aluminum, Stone

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Heat, Insulation
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2020-12-18
  • Estimated Lot Dimensions: 660x530
  • Estimated Number of Acres: 8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy
  • Parcel Number: 280-0030-01061

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 2704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 1, 2021
Sold by
Smith Daniel J and Smith Cassie
Bought by
Restad Amos J and Bromme Derek M
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Kevin O'Brien
Messina & Associates Real Estate
List Price
$315,500
Sold Price
$315,500
Current Estimated Value
$494,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,705
Avg. Annual Appreciation
7.83%
Original Mortgage
$248,800
Outstanding Balance
$224,695
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$222,875

Purchase Details

Listed on
Oct 22, 2014
Closed on
Mar 27, 2015
Sold by
Anderson John John
Bought by
Smith Daniel Daniel
Seller's Agent
Deanna Bennett
Real Living Messina & Associates
Buyer's Agent
Deanna Bennett
Real Living Messina & Associates
List Price
$259,900
Sold Price
$237,500
Premium/Discount to List
-$22,400
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$233,197
Interest Rate
3.69%

Purchase Details

Closed on
Jun 25, 2008
Sold by
Anderson John M and Anderson Sharon A
Bought by
Campbell Timothy A and Campbell Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 7, 2006
Sold by
Schreck David R and Schreck Carol J
Bought by
Anderson John M and Anderosn Sharon M
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
Restad Amos J $315,500 Stewart Title Company
Restad Amos J $315,500 Stewart Title Company
Smith Daniel Daniel $237,500 --
Campbell Timothy A $300,000 None Available
Campbell Timothy A $300,000 None Available
Anderson John M $217,000 Rels
Anderson John M $217,000 Rels
Restad Amos Amos $315,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restad Amos J $248,800
Closed Restad Amos J $248,800
Previous Owner Smith Daniel J $10,965
Previous Owner Smith Daniel Daniel $233,197
Previous Owner Campbell Timothy A $260,000
Previous Owner Anderson John M $180,000
Previous Owner Anderson John M $180,000
Closed Restad Amos Amos $248,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $315,500 0.0% $141 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $315,500 +32.8% $141 / Sq Ft
03/27/2015 03/27/15 Sold $237,500 -8.6% $106 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $259,900 -- $116 / 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 $3,618 $369,700 $110,300 $259,400
2022 $3,116 $326,700 $105,200 $221,500
2021 $2,722 $266,800 $49,400 $217,400
2020 $2,704 $237,900 $48,600 $189,300
2019 $2,442 $232,000 $48,600 $183,400
2018 $2,516 $216,500 $48,600 $167,900
2017 $2,278 $216,400 $48,500 $167,900
2016 $2,080 $204,300 $46,100 $158,200
2015 $1,647 $172,000 $40,200 $131,800
2014 $1,647 $172,000 $40,200 $131,800
Source: Public Records

Agents Affiliated with this Home

  • Eric Sams

    Seller's Agent in 2021

    Eric Sams

    Messina & Associates Real Estate

    (218) 393-3087

    389 Total Sales

    Eric Sams
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin O'Brien

    Messina & Associates Real Estate

    (218) 310-3192

    196 Total Sales

    Kevin O'Brien
    Section Image

  • D

    Seller's Agent in 2015

    Deanna Bennett

    Real Living Messina & Associates

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094411

APN: 280003001061

Minnesota St Louis County Duluth 55811

5486 Martin Rd, Duluth, MN

This home is located at 5486 Martin Rd, Duluth, MN 55811 since 18 December 2020 and is currently estimated at $494,205, approximately $220 per square foot. This property was built in 1974. 5486 Martin Rd is a home located in St. Louis County with nearby schools including Pike Lake Elementary School, Jedlicka Middle School, and Proctor Senior High School.

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