NOT LISTED FOR SALE

5537 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $432,000 - $478,000

3 Beds
1.5 Baths
2,436 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $298,000 $122 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,821/month

41 Days on Market

Highlights

  • 2.55 Acre Lot
  • Deck
  • Traditional Architecture
  • Hermantown Elementary School Rated A-
  • Vaulted Ceiling
  • Sun or Florida Room

About This Home

As of July 2019

Welcome to the City of Quality Living! Very well maintained 3 bedroom home about 3/4 mile west of Hermantown Schools. Some of the homes features include a main floor sunroom, granite countertops in kitchen, finished basement, all 3 bedrooms upstairs and 2 decks in private backyard. One car attached garage and two car detached garage plus a heated 24 x 24 woodworking room. Roof has been replaced in 2015.

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 05/21/2019

Last Buyer's Agent

Brenna Fahlin

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,366

Year Built

  • Built in 1990

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 200 x 555
  • Level Lot
  • Landscaped with Trees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Workshop
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Laundry on main level
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 395-0143-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,366

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Arrowhead Rd 1/2 mile west of Hermantown schools.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 122.33
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Tiled Floors, Vaulted Ceilings, Main Floor Laundry
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1764
  • Below Grade Finished Sq Ft: 672
  • Garage Type: Attached, Detached
  • Heat: Baseboard, Dual Fuel/Off Peak, Wood, Electric
  • Fireplaces: 1
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1990
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Basement
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Finished, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: 1/2 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Family/Rec, Sunrm/Solarium, Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2436
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Workshop
  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 3

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-05-21
  • Estimated Lot Dimensions: 200 X 555
  • Estimated Number of Acres: 2.55
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Level
  • Parcel Number: 395-0143-00020

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 29, 2019
Sold by
Hardy Paul M and Hickson Elizabeth Ann
Bought by
Freeman Zach and Freeman Lindsey
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Brenna Fahlin
Messina & Associates Real Estate
List Price
$298,000
Sold Price
$298,000
Current Estimated Value
$456,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,094
Avg. Annual Appreciation
7.13%
Original Mortgage
$198,000
Outstanding Balance
$173,767
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$282,327

Purchase Details

Closed on
Mar 25, 2002
Sold by
Bartoe Thomas J and Bartoe Pamela R
Bought by
Hardy Paul M and Hickson Hardy Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,050
Interest Rate
6.82%
Mortgage Type
Balloon
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
Freeman Zach $298,000 Stewart Title Company
Hardy Paul M $199,000 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Zach $198,000
Previous Owner Hardy Paul M $189,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $298,000 0.0% $122 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $298,000 -- $122 / 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 $4,832 $319,400 $37,800 $281,600
2022 $4,296 $301,400 $36,000 $265,400
2021 $4,084 $282,800 $35,600 $247,200
2020 $3,716 $275,400 $35,100 $240,300
2019 $3,366 $248,700 $29,500 $219,200
2018 $3,204 $232,000 $28,800 $203,200
2017 $2,906 $222,700 $28,500 $194,200
2016 $2,700 $208,900 $28,500 $180,400
2015 $3,066 $221,200 $49,300 $171,900
2014 $3,066 $211,800 $48,900 $162,900
Source: Public Records

Agents Affiliated with this Home

  • Eric Sams

    Seller's Agent in 2019

    Eric Sams

    Messina & Associates Real Estate

    (218) 393-3087

    58 in this area

    387 Total Sales

    Eric Sams
    Section Image
  • Brenna Fahlin

    Buyer's Agent in 2019

    Brenna Fahlin

    Messina & Associates Real Estate

    (218) 728-4436

    14 in this area

    295 Total Sales

    Brenna Fahlin
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083050

APN: 395014300020

Minnesota St Louis County Hermantown 55811

5537 W Arrowhead Rd, Hermantown, MN

This home is located at 5537 W Arrowhead Rd, Hermantown, MN 55811 since 21 May 2019 and is currently estimated at $456,094, approximately $187 per square foot. This property was built in 1990. 5537 W Arrowhead Rd is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.

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