5488 W Arrowhead Rd Hermantown, MN 55811
Estimated Value: $493,000 - $577,000
4
Beds
2.5
Baths
3,200
Sq Ft
$165/Sq Ft
Est. Value
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 2023Welcome 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.
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,307
Avg. Annual Appreciation
0.43%
Similar Homes in Hermantown, MN
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rose Anna | $512,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Walters Mary D | $60,000 |
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
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
-
LaDonna Bergum
L
Seller's Agent in 2023
LaDonna Bergum
Duluth Realty Group LLC
(218) 348-1187
2 in this area
7 Total Sales
-
Michelle Fairchild
Buyer's Agent in 2023
Michelle Fairchild
RE/MAX
(218) 260-7335
3 in this area
59 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6108996
APN: 395001004470
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