NOT LISTED FOR SALE

5589 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $404,000 - $446,000

4 Beds
2 Baths
2,243 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $390,000 $174 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,627/month

4 Days on Market

Highlights

  • 5 Acre Lot
  • Deck
  • 2 Fireplaces
  • Hermantown Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of October 2024

Hermantown's motto is "The City of Quality Living" and this home perfectly reflects that ideal! Set back off the road and nestled on 5 lovely acres, you'll find this freshly painted 4+BR/2BA barn-shaped home with a walkout basement. Main floor living room with cozy fireplace, as well as a fireplace in the lower level family room. Spacious upstairs bedrooms each have three closets! Additional den/office space upstairs. Even more room in the basement for finishing and it's already plumbed for another bathroom. Metal roof and cedar wood siding. A huge deck overlooks the front yard. 3-car detached garage. New mound septic to be installed. 100' drilled well. Only 2 miles to Hermantown schools, hockey rinks, and the YMCA. Great opportunity to add your updates and make this home truly your Hermantown dream home! Electric: $75/mo average Gas: $125/mo average

Last Agent to Sell the Property

Jamie Sathers-Day

JS Realty Listed on: 08/19/2024

Last Buyer's Agent

Ron Hanger

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1980

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 200x1088
  • Property fronts a county road
  • Elevated Lot

Home Design

  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Mound Septic
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0010-02515

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Between Lindahl Rd and Midway Rd
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-729-9784
  • List Price/ Sq Ft: 173.87
  • Remodeled Addition: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Drywalls, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1943
  • Below Grade Finished Sq Ft: 300
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Fireplaces: 2
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Room 10: Den/Office
  • Room 11: Bedroom
  • Room 12: Laundry Room
  • Bedroom 3: Bedroom
  • TotalBedrooms: 4
  • Year Built: 1980
  • Level 1 Bedroom: Basement
  • RoomLevel10: Second Floor
  • RoomLevel11: Second Floor
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Second Floor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Basement Features: Walkout, Family/Rec Room, Fireplace
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1064
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Eat-In Kitchen, Formal Dining Room
  • Extra Rooms: Family/Rec
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Family Room
  • Bathroom 2: Family Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 2 Story
  • Room 6: Kitchen
  • Room 7: Dining Room
  • Room 8: Living Room
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2243
  • Exercise Room Level2: Basement

Exterior Features

  • Road Frontage: County, Paved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 24x36

Utilities

  • Power Company: Minnesota Power
  • Sewer: Mound
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-08-19
  • Estimated Lot Dimensions: 200x1088
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 395-0010-02515

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 3977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 1, 2024
Sold by
Sandstrom Nancy Carolyn
Bought by
Ruedebusch Kaitlyn Marie Rudolp and Ruedebusch Tyler James
Seller's Agent
Jamie Sathers-Day
JS Realty
Buyer's Agent
Ron Hanger
RE/MAX Results
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
11
Current Estimated Value
$426,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,207
Avg. Annual Appreciation
9.19%
Original Mortgage
$312,000
Outstanding Balance
$309,935
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$116,272

Purchase Details

Closed on
Jun 20, 2024
Sold by
Sandstrom Nancy
Bought by
Sandstrom Nancy and Nancy Sandstrom Revocable Trust
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
Ruedebusch Kaitlyn Marie Rudolp $390,000 Results Title
Sandstrom Nancy -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruedebusch Kaitlyn Marie Rudolp $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $390,000 -2.5% $174 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $399,900 -- $178 / 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 $4,416 $299,600 $67,600 $232,000
2022 $4,002 $281,700 $63,100 $218,600
2021 $3,810 $265,700 $62,100 $203,600
2020 $3,970 $258,900 $60,900 $198,000
2019 $3,736 $263,500 $78,900 $184,600
2018 $3,350 $254,200 $69,600 $184,600
2017 $3,076 $231,500 $61,500 $170,000
2016 $2,858 $219,400 $57,700 $161,700
2015 $2,781 $204,100 $56,600 $147,500
2014 $2,781 $191,900 $52,700 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115615

APN: 395001002515