NOT LISTED FOR SALE

5488 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $546,842 - $656,000

4 Beds
2.5 Baths
3,200 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $512,500 $160 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,531/month

33 Days on Market

Highlights

  • 10.17 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Hermantown Elementary School Rated A-
  • Mud Room
  • Home Gym

About This Home

As of August 2023

Welcome to this meticulously maintained Hermantown bungalow. Nestled among 10.17 beautiful acres of mature trees and park like yard. All this right inside the city limits. Property could be subdivided and developed and still have loads of privacy. Buyers should confirm this with the City of Hermantown. (Eric Johnson) Approximately 1.5 acres is totally fenced. This home has been lived in by the same owners for 33 years. They have lovingly cared for and improved every inch of the property. Within walking distance of Hermantown schools and the new Essentia Wellness Center. Nearby amenities also include the mall, grocery stores, banks, movie theater, bowling, etc. There is nothing left to do but move in and enjoy! The main floor includes a bright and cheery dining room, sunroom, or whatever you would like it to be. Included here is a cozy gas fireplace for those chilly mornings. Imagine enjoying your morning coffee while gazing out at the many perennial gardens during the summer. Or perhaps sitting by the fire while watching the snowflakes gently falling. So many options! One finds the oversized primary bedroom on the main floor as well. Beautiful hardwood flooring. Double closets and a cozy window seat with storage within. Full bathroom with a HEATED FLOOR! Second bedroom here is plumbed for a stacking washer and dryer if desired. Upstairs are two (easily 3) more bedrooms. Each is showered with plenty of natural light and an abundance of closet space and storage. One of the bedrooms has an opening skylight. A lovely 3/4 bathroom, generous extra storage closet, and area at top of stairs large enough for a playroom or home office. Basement is comprised of a bright and airy sewing/craft room, workshop, bathroom with sink large enough for dog grooming, and a laundry room that will make you WANT to do the laundry! Additional rooms in basement for any and every possible wish for space. One would never need anything more. Call for your private showing. (218-348-1187) Duluth Realty Group.

Last Agent to Sell the Property

LaDonna Bergum

Duluth Realty Group LLC Listed on: 06/27/2023

Last Buyer's Agent

Michelle Fairchild

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,911

Year Built

  • Built in 1950

Lot Details

  • 10.17 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Multi-Level Property
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Home Gym

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0010-04470

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,911

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 53, take Arrowhead Rd west toward Hermantown schools. Go past Essentia Wellness Center. Property will be on the left. 5488 W. Arrowhead Rd. (Blue mailbox)
  • L O1 Office Phone1 Number: 218-348-1187
  • List Price/ Sq Ft: 160.16
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 1920
  • Below Grade Finished Sq Ft: 1280
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Forced Air, Natural Gas
  • MainFloorBath: Yes
  • New Development: No
  • Room 10: Other
  • Room 11: Storage Room
  • Room 12: Laundry Room
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor, 3/4 Upper
  • Extra Rooms: Family/Rec, Mud Room, Storage Room, Utility Room, Workshop, Fitness Room, Foyer, Entry
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Master Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bathroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3200
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • 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: 2023-06-27
  • Estimated Lot Dimensions: Irregular - see drawing
  • Estimated Number of Acres: 10.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-04470

Tax Info

  • Tax Amount: 4911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Aug 23, 2023
Sold by
Walters James A and Walters Mary
Bought by
Rose Anna and Rose Luke
Seller's Agent
LaDonna Bergum
Duluth Realty Group LLC
Buyer's Agent
Michelle Fairchild
RE/MAX Results
List Price
$512,500
Sold Price
$512,500
Current Estimated Value
$581,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,961
Avg. Annual Appreciation
6.14%
Source: Public Records

Range of Values:

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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
Rose Anna $512,500 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $512,500 0.0% $160 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $512,500 -- $160 / 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 $5,380 $367,500 $78,500 $289,000
2022 $4,636 $344,200 $76,700 $267,500
2021 $4,430 $301,500 $71,900 $229,600
2020 $3,672 $296,200 $70,900 $225,300
2019 $3,518 $246,000 $61,100 $184,900
2018 $3,192 $241,000 $56,100 $184,900
2017 $2,952 $222,100 $51,800 $170,300
2016 $2,744 $211,800 $49,800 $162,000
2015 $2,890 $212,400 $66,800 $145,600
2014 $2,890 $199,500 $62,100 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108996

APN: 395001004470