NOT LISTED FOR SALE

5799 Lavaque Rd Duluth, MN 55803

Estimated Value: $435,000 - $689,844

9 Beds
3 Baths
5,524 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $440,000 $80 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,528/month

41 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 1 Fireplace
  • Hermantown Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of April 2023

Finally!! A rural property with plenty of acreage and space!! This spacious home features 10 acres of private land backing up to hundreds of state owned acreage! Never worry about having enough room with 9 bedrooms and over 5,000 sq ft of room for you to make your own! On the main floor you will find walls of windows to showcase an abundance of natural light! This floor features the spacious living room with gas fireplace, large kitchen, office with double French doors, main floor bedroom, full bath, and the HUGE great room. On the second floor you will find 5 additional bedrooms, all with unique lofted ceilings and TONS of closet space. Don't miss the walkout basement with bonus rec room, 3/4 bath, and 3 additional bedrooms! New septic in 2020, multiple decks, turn around driveway, and an abundance of space finish off this unique rural home!

Last Agent to Sell the Property

Madeline Dusek

Edina Realty, Inc. - Duluth Listed on: 01/06/2023

Edina Realty, Inc. - Duluth

Co-Listed By

Chad Watczak

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Madeline Dusek

Edina Realty, Inc. - Duluth Listed on: 01/06/2023

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,417

Year Built

  • Built in 1993

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330x1320

Home Design

  • Wood Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Great Room
  • Living Room
  • Home Office
  • Recreation Room
  • The kitchen features windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Drilled Well

Community Details

  • No Home Owners Association
  • Canosia Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 280001000595

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,417

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 4394
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Storage Space, Walkout, Wood
  • Fireplace Features: Gas
  • Living Area: 5524
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1130
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Great Room, Office, Recreation Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6
  • SqFtTotal: 5901.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 9
  • Three Quarter Bathrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Electric,Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Kitchen Window,Main Floor Primary Bedroom,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Hermantown
  • SchoolDistrictNumber: 700
  • SchoolDistrictPhone: 218-729-9313

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 330x1320
  • Lot Size Sq Ft: 435600
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 280001000595
  • Tax Annual Amount: 6417
  • TaxWithAssessments: 6442.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 21, 2023
Sold by
Capgrow Holdings Jv Sub V Llc
Bought by
Wellnitz Seth and Rolandson Pamela
Seller's Agent
Madeline Dusek
Edina Realty, Inc. - Duluth
Buyer's Agent
Madeline Dusek
Edina Realty, Inc. - Duluth
List Price
$575,000
Sold Price
$440,000
Premium/Discount to List
-$135,000
-23.48%
Views
906
Current Estimated Value
$542,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,711
Avg. Annual Appreciation
9.48%
Original Mortgage
$418,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2020
Sold by
926 North 8Th Inc
Bought by
Capgrow Holdings Jv Sub V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,218,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2001
Sold by
Tbi Residential & Community Services Inc
Bought by
926 North 8Th Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.1%
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
Wellnitz Seth $440,000 Edina Realty Title
Capgrow Holdings Jv Sub V Llc $3,395,000 First National T&E
926 North 8Th Inc -- Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellnitz Seth $606,400
Closed Wellnitz Seth $418,000
Previous Owner Capgrow Holdings Jv Sub I Llc $41,218,000
Previous Owner 926 North 8Th Inc $156,889
Previous Owner 926 North 8Th Inc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $440,000 -12.0% $80 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/10/2023 02/10/23 Price Changed $500,000 -13.0% $91 / Sq Ft
01/06/2023 01/06/23 For Sale $575,000 -- $104 / Sq Ft
Source: NorthstarMLS

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 $6,542 $626,000 $111,600 $514,400
2022 $6,442 $559,400 $106,400 $453,000
2021 $6,284 $525,700 $59,400 $466,300
2020 $6,372 $515,600 $58,400 $457,200
2019 $5,840 $506,500 $58,400 $448,100
2018 $5,880 $468,300 $58,400 $409,900
2017 $5,728 $468,300 $58,400 $409,900
2016 $5,130 $458,500 $55,400 $403,100
2015 $5,283 $429,100 $54,400 $374,700
2014 $5,283 $429,100 $54,400 $374,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6321031

NorthstarMLS

APN: 280001000595