NOT LISTED FOR SALE

5630 W Arrowhead Rd Hermantown, MN 55811

Estimated Value: $352,000 - $399,000

4 Beds
2 Baths
2,156 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $285,000 $132 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,492/month

21 Days on Market

Highlights

  • 6.07 Acre Lot
  • Ranch Style House
  • Living Room
  • Hermantown Elementary School Rated A-
  • 8 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of December 2020

Nestled back on over 6 private acres in the "City of Quality Living" you will find this 4 bedroom, 2 bath home. Open concept main floor featuring two decks to enjoy mother nature. 3 bedrooms up and one down. The 5th bedroom has been started in the lower level with supplies left for your finishing touches. Lower level also features a full bath and family room with access to the outdoors where you will find a 40 x 60 pole building for all those toys. All this and just minutes to schools and shopping, or ride your bike to the New wellness center.

Last Agent to Sell the Property

Tom Little

RE/MAX Results Listed on: 10/06/2020

Last Buyer's Agent

Dee Furo

Legacy Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,687

Year Built

  • Built in 1976

Lot Details

  • 6.07 Acre Lot
  • Lot Dimensions are 200x1320

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Dryer Hookup

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 8 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 395-0010-04632

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,687

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Arrowhead road to home, just before Midway
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 132.19
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1232
  • Below Grade Finished Sq Ft: 924
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 1976
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Bath, Bedrooms, Family/Rec Room, Fireplace, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Basement, Full Main Floor
  • Extra Rooms: Family/Rec
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2156
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Cement Board, Wood

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 8

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-10-06
  • Estimated Lot Dimensions: 200x1320
  • Estimated Number of Acres: 6.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-04632

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Minnesota Power Employees Credit Union
Bought by
Belanger Joshua J
Current Estimated Value
$380,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$242,786
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$133,849

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 19, 2021
Sold by
Finn Amber L and Carlson Amber Finn
Bought by
Minnesota Power Employees Credit Union
Seller's Agent
Tom Little
RE/MAX Results
Buyer's Agent
Dee Furo
Legacy Real Estate Group LLC
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$285,000
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 15, 2020
Sold by
Minnesota Power Employees Credit Union
Bought by
Belanger Joshua J and Stanton Amanda E
Seller's Agent
Tom Little
RE/MAX Results
Buyer's Agent
Dee Furo
Legacy Real Estate Group LLC
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 30, 2014
Sold by
Kooyer Brian M and Kooyer Wendy E
Bought by
Finn Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Helgemoe James W and Helgemoe Ardis M
Bought by
Kooyer Brian M and Kooyer Wendy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Belanger Joshua J $285,000 First American Title
Belanger Joshua J $285,000 First American Title
Minnesota Power Employees Credit Union $253,408 None Available
Belanger Joshua J $285,000 None Available
Finn Amber L $279,900 Cons Title
Kooyer Brian M $235,000 Pioneer Abstract & Title Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belanger Joshua J $268,000
Previous Owner Belanger Joshua J $285,000
Previous Owner Finn Amber L $223,200
Previous Owner Kooyer Brian M $184,900
Previous Owner Kooyer Brian M $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $285,000 0.0% $132 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $285,000 -- $132 / 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 $4,450 $300,600 $71,500 $229,100
2022 $4,042 $282,600 $66,600 $216,000
2021 $4,188 $266,600 $65,500 $201,100
2020 $3,712 $259,900 $64,300 $195,600
2018 $3,418 $239,500 $50,600 $188,900
2017 $3,184 $221,100 $46,900 $174,200
2016 $2,966 $210,800 $45,300 $165,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093485

APN: 395001004632