NOT LISTED FOR SALE

5508 Martin Rd Duluth, MN 55811

Estimated Value: $459,000 - $945,318

3 Beds
2 Baths
1,979 Sq Ft
$333/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $355,000 $179 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,664/month

45 Days on Market

Highlights

  • Barn
  • 40 Acre Lot
  • Formal Dining Room
  • Proctor Senior High School Rated 9+
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of July 2013

Rich in Tradition! This 1920, 40 acre Canosia Township farmstead has a story to share. From the elegant natural woodwork and gleaming solid hardwood floors to the original 1919 barn, this home is ready for it's next special owner. Perfectly renovated with modern day conveniences and impeccably maintained over the years, all the while embracing the history. The original garage has a full basement and walk-up attic for unbelievable storage. The big barn is also original with large hayloft and stanchions. Other outbuildings include the chicken coop and milk house. Relax in the front porch and take in the apple orchard or rest easy in the sun room or pergola and listen the wildlife in the pond. This is a once a lifetime property, come look today.

Last Agent to Sell the Property

Julie Sathers

J.S. Realty Listed on: 05/10/2013

Last Buyer's Agent

Casey Knutson Carbert

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,256

Year Built

  • 1920

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • Property fronts a county road

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,979 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump
  • Natural lighting in basement

Farming

  • Barn

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 280-0030-00380

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,256

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Estimated Number of Acres: 40
  • Construction: Previously Owned
  • Foundation Size: 1223
  • Mechanicals: Fuel Tank-Owned
  • Parcel Number: 280-0030-00380
  • Projected Closed Date: 07/15/2013
  • Range: 15
  • Remodeled Addition: Yes
  • Section: 32
  • Stories: 1.25 - 1.75 Story
  • Twp Number: 51
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Kitchen, 16'11x13'9, On Level: Main
  • Room 2: Pantry, 5x8'6, On Level: Main
  • Room 3: Dining Room, 13'6x10'6, On Level: Main
  • Room 4: Living Room, 15'4x15, On Level: Main
  • Room 5: Living Room, 13x16'6, On Level: Main
  • Room 6: 3 Season Porch, 7'9x28'9, On Level: Main
  • Room 7: 12'3x9, On Level: Main
  • Room 8: Bedroom, 14x10'6, On Level: Second Floor
  • Room 9: Den/Office, 14x10'6, On Level: Second Floor
  • Room 10: Bedroom, 10'9x13'2, On Level: Second Floor
  • Room 11: Bedroom, 12'6x9'4, On Level: Second Floor
  • Basement Features: Daylight/Lookout Windows, Sump Pump, Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1979
  • Total Fin Square Footage: 1979
  • Total Square Footage: 3059

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Barn
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil
  • Heat: Boiler
  • Sewer: Private
  • Water: Private

Schools

  • School District: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 1320x1320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Jul 15, 2013
Sold by
Harrison Judith A
Bought by
Blair Mehgan M O Hearn and Blair Robert J
Seller's Agent
Julie Sathers
J.S. Realty
Buyer's Agent
Casey Knutson Carbert
Edmunds Company, LLP
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$658,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,330
Avg. Annual Appreciation
5.25%
Original Mortgage
$319,500
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Blair Mehgan M O Hearn -- West Title Llc
Blair Mehgan M O Hearn $355,000 West Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Robert J $320,333
Closed Hearn Blair Mehgan M O $20,000
Closed Blair Mehgan M O Hearn $319,500
Previous Owner Harrison William H $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $355,000 +1.5% $179 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $349,900 -- $177 / 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 $14,256 $707,400 $206,300 $501,100
2022 $13,388 $624,600 $196,800 $427,800
2021 $12,294 $537,600 $133,200 $404,400
2020 $10,010 $466,300 $130,000 $336,300
2019 $3,228 $306,100 $122,100 $184,000
2018 $3,328 $290,500 $122,100 $168,400
2017 $2,942 $290,300 $121,900 $168,400
2016 $2,702 $265,700 $109,900 $155,800
2015 $2,641 $231,600 $100,800 $130,800
2014 $2,641 $236,800 $106,000 $130,800
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4476043

REALTOR® Association of Southern Minnesota

APN: 280003000380