5842 Highway 194 Hermantown, MN 55811
Estimated Value: $510,115 - $596,000
4
Beds
2
Baths
1,976
Sq Ft
$277/Sq Ft
Est. Value
About This Home
This home is located at 5842 Highway 194, Hermantown, MN 55811 and is currently estimated at $548,029, approximately $277 per square foot. 5842 Highway 194 is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2020
Sold by
926 North 8Th Inc
Bought by
Capgrow Holdings Jv Sub V Llc
Current Estimated Value
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
Outstanding Balance
$25,052,418
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
-$24,530,544
Purchase Details
Closed on
May 27, 2005
Sold by
Nelson Rose M
Bought by
926 W 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
$220,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 13, 2003
Sold by
Heimbach Stephen J
Bought by
Nelson Rose M
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Capgrow Holdings Jv Sub V Llc | $3,395,000 | First National T&E | |
926 W 8Th Inc | $275,000 | -- | |
Nelson Rose M | -- | Colonial Title Company Llc |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Capgrow Holdings Jv Sub I Llc | $41,218,000 | |
Closed | Capgrow Holdings Jv Sub I Llc | $41,218,000 | |
Previous Owner | 926 North 8Th Inc | $166,185 | |
Previous Owner | 926 W 8Th Inc | $220,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,268 | $405,500 | $77,200 | $328,300 |
2022 | $5,692 | $381,600 | $71,800 | $309,800 |
2021 | $5,402 | $359,100 | $70,700 | $288,400 |
2020 | $4,904 | $349,700 | $69,200 | $280,500 |
2019 | $4,718 | $310,700 | $68,000 | $242,700 |
2018 | $4,332 | $304,800 | $62,100 | $242,700 |
2017 | $4,026 | $280,700 | $56,900 | $223,800 |
2016 | $3,752 | $267,100 | $54,500 | $212,600 |
2015 | $3,608 | $263,400 | $70,200 | $193,200 |
2014 | $3,608 | $250,000 | $65,900 | $184,100 |
Source: Public Records
Map
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