NOT LISTED FOR SALE

5531 Lester River Rd Duluth, MN 55804

Estimated Value: $421,000 - $459,709

4 Beds
2 Baths
2,383 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2025

Last sale price $425,000 $178 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,651 / mo

128 Days on Market

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Bonus Room
  • Lakewood Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of September 2025

Charming Farmhouse on 7 Acres – Talmadge River Frontage! Discover the perfect blend of rustic charm and potential with this 4-bedroom, 2-bath farmhouse nestled on 7 scenic acres along the Talmadge River. Just a short drive to town, this property offers a peaceful retreat with plenty of room to make it your own. Step inside to find beautiful hardwood floors throughout the original home and a cozy living room centered around a wood-burning fireplace, perfect for relaxing evenings. The spacious main floor bedroom includes an attached sitting room—ideal for a private retreat, nursery, or home office. While some updates and finishing touches are needed, many major improvements have already been taken care of, including a newer roof, updated plumbing, septic system, and well. Outside, the property shines with a detached 3-stall heated garage, an additional 6-stall detached garage, and an attached 1-car tuck-under garage—offering ample space for vehicles, hobbies, or storage. Whether you're dreaming of a hobby farm, a peaceful homestead, or simply more room to spread out, this one-of-a-kind property delivers charm, space, and endless potential.

Last Agent to Sell the Property

Joshua Gosar

RE/MAX Results Listed on: 04/18/2025

RE/MAX Results

Co-Listed By

Carly Gosar

RE/MAX Results

Last Buyer's Agent

Joshua Gosar

RE/MAX Results Listed on: 04/18/2025

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,017

Year Built

  • Built in 1925

Lot Details

  • 7.55 Acre Lot
  • Lot Dimensions are 505x661
  • Private Waterfront
  • 507 Feet of Waterfront
  • River Front

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 10 Car Detached Garage
  • Tuck Under Garage

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 415-0010-02840

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,017

Year Built

Built in 1925

Lot Details

7.55 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Duluth - Head north on Jean Duluth Rd, Turn Right on Stark Rd, Turn Left on Lester River Rd. Home located on left before Lavis Rd.
  • L O1 Office Phone1 Number: 218-722-2811
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2383
  • Garage Type: Detached, Tuckunder
  • Heat: Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Bedroom
  • Bedroom 3: Den/Office
  • TotalBedrooms: 4
  • Year Built: 1925
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Second Floor
  • RoomLevel12: Second Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, Full Upper
  • Extra Rooms: Bonus Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Living Room
  • Stories: 2 Story
  • Room 6: Family Room
  • Room 7: Bathroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2383
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 507
  • Waterfront Name: Talmadge River
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 10

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 505x661
  • Estimated Number of Acres: 7.55
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 415-0010-02840
  • Waterfront Type: River

Tax Info

  • Tax Amount: 4017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Sep 15, 2025
Sold by
Gray Daniel Louis and Gray Sheila Ruth
Bought by
Campbell Elise and Campbell Geoffrey
Seller's Agent
Joshua Gosar
RE/MAX Results
Buyer's Agent
Joshua Gosar
RE/MAX Results
List Price
$470,000
Sold Price
$425,000
Premium/Discount to List
-$45,000
-9.57%
Views
310
Current Estimated Value
$432,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,427
Avg. Annual Appreciation
2.70%
Original Mortgage
$340,000
Outstanding Balance
$340,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$92,427

Purchase Details

Closed on
Jul 23, 2001
Sold by
Gray Robert L and Gray Evelyn H
Bought by
Gray Daniel Louis and Gray Sheila Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Campbell Elise $425,000 The Title Team
Gray Daniel Louis $90,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Campbell Elise $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2025 09/16/25 Sold $425,000 -5.6% $178 / Sq Ft
08/24/2025 08/24/25 Pending -- -- --
04/26/2025 04/26/25 Price Changed $450,000 -4.3% $189 / Sq Ft
04/18/2025 04/18/25 For Sale $470,000 -- $197 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2024 $4,140 $353,300 $93,200 $260,100
2023 $4,046 $351,000 $93,200 $257,800
2022 $3,568 $346,700 $88,900 $257,800
2021 $3,490 $267,300 $48,200 $219,100
2020 $3,488 $261,900 $42,800 $219,100
2019 $3,344 $255,200 $42,800 $212,400
2018 $2,802 $255,200 $42,800 $212,400
2017 $2,452 $229,100 $40,300 $188,800
2016 $2,266 $201,500 $60,900 $140,600
2015 $2,332 $168,700 $54,400 $114,300
2014 $2,332 $166,200 $52,200 $114,000
Source: Public Records

Agents Affiliated with this Home

  • Joshua Gosar

    Seller's Agent in 2025

    Joshua Gosar

    RE/MAX

    (218) 269-1496

    68 Total Sales

    Joshua Gosar
    Section Image
  • Carly Gosar

    Seller Co-Listing Agent in 2025

    Carly Gosar

    RE/MAX

    (218) 269-4100

    64 Total Sales

    Carly Gosar
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6118750

APN: 415001002840

Minnesota St Louis County Duluth 55804

5531 Lester River Rd, Duluth, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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