NOT LISTED FOR SALE

5488 W Island Lake Rd Duluth, MN 55803

Estimated Value: $549,000 - $849,287

4 Beds
2.5 Baths
3,000 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $800,000 $267 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,098/month

25 Days on Market

Highlights

  • 220 Feet of Waterfront
  • Beach Access
  • Sauna
  • Hermantown Elementary School Rated A-
  • Spa
  • Multiple Garages

About This Home

As of August 2023

This impressive Island lake home has everything you need to enjoy lake living at its finest with 220 feet of shoreline, 3000 sf of living space, & 3 beautifully landscaped acres. It boasts a beach, rock gardens, a fire pit area & a charming (heated) guest cottage complete with a sauna. This property also offers attached and detached heated garage space for six vehicles and your very own private boat launch. Upon entering the home you will be in awe of the two-story wall of windows that offer serene lake views! The first level features a huge kitchen with granite countertops, a massive island, loads of cabinetry and a charming wood stove. The great room has a fieldstone fireplace, sitting area and more than enough room for a long dining table to host your friends and family. The showpiece of this level is the gorgeous 3 season porch that looks like it was torn from the pages of a magazine. A mudroom and main floor laundry are located just off the entry to keep messes at bay. On the second level you will find 4 generously sized bedrooms, 2 bathrooms & a large loft/recreation space. The primary bedroom suite has stunning views, a gas fireplace, closet galore and a newly remodeled primary bathroom. Island Lake boasts over 8,000 acres of pristine waters. Its winding shoreline of inlets, coves, and peninsulas totals 116 miles. If you’ve been dreaming of Mn lake life, you do not want to miss this opportunity!

Last Agent to Sell the Property

Christi Pionk Slattengren

Messina & Associates Real Estate Listed on: 06/28/2023

Last Buyer's Agent

Christi Pionk Slattengren

Messina & Associates Real Estate Listed on: 06/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 2000

Lot Details

  • 2.9 Acre Lot
  • 220 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Level Lot
  • Unpaved Streets
  • Landscaped with Trees
  • Land Lease of $3,653

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Frame Window
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Utility Room
  • Sauna
  • Lake Views
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Spa
  • Beach Access
  • Shared Waterfront
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heat Pump System
  • Baseboard Heating
  • Power Generator
  • Private Water Source
  • Fuel Tank
  • Private Sewer
  • Fiber Optics Available

Additional Features

  • Air Exchanger
  • Bunk House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 365-6000-05510

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,918

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Google maps is incorrect & takes you to the neighbors house! Look for my directionals & signs please. From Hwy 53 take Lavaque bypass to the Minno-ette. Take a Left on Fish Lake Rd which becomes Taft Rd. Take a right on E Cook Lake Rd. which become Wood Duck Dr. Then at the T take a right on W Island Lake Rd. Please note -You cannot get to this property from the Otter River Rd as there is a gate.
  • InternetOptions: Fiber Optic
  • Waterfront Info Lake Maximum Depth: 94
  • L O1 Office Phone1 Number: 218-728-4436
  • LotLeaseAmount: 3652.5
  • List Price/ Sq Ft: 266.67
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel, Shore-Accessible, Shore-Beach
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hot Tub, Kitchen Center Island, Sauna, Tiled Floors, Vaulted Ceilings, Drywalls, Foyer Entry, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Hot Tub, Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3000
  • Garage Type: Attached, Detached, Multiple
  • Heat: Baseboard, Forced Air, Heat Pump, In Floor, Wood, Electric
  • Fireplaces: 3
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Bedroom
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Second Floor
  • RoomLevel12: Second Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Disposal, Dryer, Dishwasher, Exhaust Fan/Hood, Microwave, Refrigerator, Range/Stove, Trash Compactor, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Master, 1/2 Main Floor, Private Master, Full Upper
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Family/Rec, Mud Room, Spa/Sauna, Utility Room, 3 Season Porch, Loft
  • Fireplace: Yes
  • Den Fireplace Type: Multiple - See Remarks
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Entry
  • Bathroom 2: Bathroom
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Living Room
  • Stories: 2 Story
  • Room 6: 3 Season Porch
  • Room 7: Loft
  • Room 8: Master Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3000
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 8000
  • Out Buildings: Bunkhouse
  • Road Frontage: Dead End/No Outlet, Unpaved, Township
  • Waterfront Access: Public
  • Water Frontage In Feet: 220
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, RV Parking
  • Garage Features: Electrical Service, Heat, Insulation
  • Garage Capacity: 6
  • ParkingFeaturesGarageDimensions: 30 X 40 heated & insulated.

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-06-28
  • Estimated Lot Dimensions: 580 x 220 irregular
  • Estimated Number of Acres: 2.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Level
  • Parcel Number: 365-6000-05510
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 6918

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 Prior Sale
08/30/2023 08/30/23 Sold $800,000 0.0% $267 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $800,000 +68.4% $267 / Sq Ft
05/22/2013 05/22/13 Sold $475,000 +9.2% $125 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $435,000 -- $114 / 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 $6,418 $600,500 $146,100 $454,400
2022 $7,106 $600,500 $146,100 $454,400
2021 $6,204 $559,700 $146,100 $413,600
2020 $6,412 $497,700 $141,300 $356,400
2019 $6,352 $497,700 $141,300 $356,400
2018 $6,456 $497,700 $141,300 $356,400
2017 $6,412 $497,700 $141,300 $356,400
2016 $6,002 $497,700 $141,300 $356,400
2015 $5,158 $403,200 $76,300 $326,900
2014 $5,158 $403,200 $76,300 $326,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6109031

APN: 365600005510