NOT LISTED FOR SALE

5896 Ratika Rd Duluth, MN 55810

Estimated Value: $518,000 - $622,000

3 Beds
2 Baths
3,430 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $472,000 $138 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,413/month

25 Days on Market

Highlights

  • Heated Floors
  • 12.5 Acre Lot
  • Traditional Architecture
  • Proctor Senior High School Rated 9+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of November 2023

Wide Open Spaces inside and out! This bright and sunny home was built in 2003 a Custom slab home 3430 sf has 2 stories with 3 bedrooms, one on the main level and 2 bedrooms on the upper level. 2 baths one on each level and 2 garages (one Garage has one car garage door and one has a two car garage door, 2 shed on 12.5 acres. Wood Fireplace is surrounded by stone. Located 15 minutes from Duluth, Cloquet, and Hermantown and 25 minutes from Superior. 2 miles from I35 for easy access to anywhere! Proctor School District. The home is surrounded by natures with wild flowers and planned gardens landscaped around the home. This home is everything peaceful and wild. There is a new kitchen with granite countertops, cabinetry, flooring and a center island. Large storage pantry with laundry room off the kitchen with a door that closes. Sliding glass doors are in 3 rooms off the back of the home leading to a natural stone patio. Home used to have a hot tub and sauna room now used as a main floor 3rd bedroom. The entire outside of the home garages and shed have recently been painted. Home is heated efficiently by electric in floor heat on both levels of the home and has a wood fireplace, metered for off peak duel fuel setting for reduced expenses. Electric average with MN Power $276/month. Choice home Warranty offered by the listing agent is a 5 star insurance warranty on the home for 13 months. Can be renewed by the buyer. Coverage includes the heating system, appliances, re-key up to 6 keys after closing, well pump, septic, duct work, garage door openers and more , there is a $75/co pay per claim. Pumping of the septic is dependent on number of people currently (2 people) approximately once every 3 years and todays cost is $250-$300 depending on the pump company. A paved public road leads to the driveway. The driveway is shared to the Y in the driveway go left. The driveway easement is recorded and is included in the documents section of the listing. Septic has been inspected and has a certificate of compliance from St Louis County. This home is clean and move in ready!! Internet service is available. Passing Water Test was completed in Feb 2023. Agents outside the LSAR MLS can book appointments through showingtime, associated documents will follow in your email. Long showings are welcome no hurry, relax and enjoy your showing!

Last Agent to Sell the Property

Tracey Tellor

Tellor Realty LLC Listed on: 09/21/2023

Last Buyer's Agent

Tricia Kroening

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 2003

Lot Details

  • 12.5 Acre Lot
  • Property fronts a county road
  • Landscaped

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Boiler Heating System
  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 450-0010-03025

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,680

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Midway turn south on Ratika Rd home is on the left before. Split Driveway stay left.
  • L O1 Office Phone1 Number: 218-390-3851
  • List Price/ Sq Ft: 137.61
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Twp Number: 49
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors, Kitchen Center Island, Walk-In Closet, Beamed Ceilings, Drywalls, Foyer Entry, Patio Door, Main Floor Laundry
  • Amenities Exterior: Balcony, Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3430
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, In Floor, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 3
  • Year Built: 2003
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor, Full Upper, Full Jack & Jill
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3430

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Cement Board
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Garage Features: Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 28 x 30 and 24 x 30 could add another 4th door

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2023-09-21
  • Estimated Lot Dimensions: in asscociated docs
  • Estimated Number of Acres: 12.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped
  • Parcel Number: 450-0010-03025

Tax Info

  • Tax Amount: 4680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 9, 2023
Sold by
Jones Robert T and Jones Anne L
Bought by
Bubb Klaeton and Bubb Bridget
Seller's Agent
Tracey Tellor
Tellor Realty LLC
Buyer's Agent
Tricia Kroening
RE/MAX Results
List Price
$472,000
Sold Price
$472,000
Current Estimated Value
$551,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,448
Avg. Annual Appreciation
7.65%
Original Mortgage
$377,600
Outstanding Balance
$370,068
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$168,886

Purchase Details

Closed on
Jul 22, 2005
Sold by
Thiede Steven and Thiede Downe
Bought by
Thiede Albert

Purchase Details

Closed on
Oct 13, 2003
Sold by
Larsen Richard R
Bought by
Thiede Steven
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
Bubb Klaeton $472,000 Results Title
Thiede Albert -- --
Thiede Steven $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bubb Klaeton $377,600
Previous Owner Thiede Steven $153,000
Previous Owner Thiede Steven M $110,000
Previous Owner Thiede Steven $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $472,000 0.0% $138 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $472,000 +32.8% $138 / Sq Ft
05/28/2020 05/28/20 Sold $355,500 0.0% $111 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $355,500 -- $111 / 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 $4,898 $429,000 $72,500 $356,500
2022 $4,736 $400,100 $68,700 $331,400
2021 $4,312 $366,600 $66,100 $300,500
2020 $3,582 $339,000 $65,200 $273,800
2019 $3,254 $270,000 $55,000 $215,000
2018 $3,344 $251,500 $52,100 $199,400
2017 $3,080 $251,500 $52,100 $199,400
2016 $3,066 $236,100 $52,100 $184,000
2015 $2,002 $157,800 $54,800 $103,000
2014 $2,002 $151,300 $54,800 $96,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110697

APN: 450001003025