NOT LISTED FOR SALE

7041 Van Rd Duluth, MN 55803

Estimated Value: $288,000 - $599,000

3 Beds
1 Bath
1,632 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $282,500 $173 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,533/month

58 Days on Market

Highlights

  • 207 Feet of Waterfront
  • Sauna
  • Deck
  • Homecroft Elementary School Rated A-
  • Open Floorplan
  • 2 Car Detached Garage

About This Home

As of October 2012

PRIVATELY OWNED LAND!!! Retreat to this 2 level lake home close to black top road and 15 min. to Duluth. The updated home features open floor plan with view of Island Lake,with almost 1000 SF of deck area. A special feature is the walkout basement and sauna building, all of this with updated furnace, septic and central air. Deep water access.

Last Agent to Sell the Property

Doug Freeman

RE/MAX 1 - Duluth Listed on: 07/01/2012

Last Buyer's Agent

Wade Freeman

RE/MAX 1 - Duluth

Home Details

Home Type

  • Single Family

Year Built

  • 1966

Lot Details

  • 1 Acre Lot
  • 207 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Combination Dining and Living Room
  • Sauna
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Gas Water Heater
  • Fuel Tank
  • Private Sewer

Additional Features

  • Deck
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 375-0028-00010 375-0010-00775

Home Details

Home Type

Single Family

Year Built

1966

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Sauna, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Sauna
  • Estimated Number of Acres: 1
  • Assessments: Yes
  • Beach Type: Gravel
  • Construction: Previously Owned
  • Foundation Size: 1152
  • Mechanicals: Fuel Tank-Rented, Water Heater-Gas
  • Parcel Number: 375-0028-00010 375-0010-00775
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Dining Room: Combine with Living Room, Open Floor Plan
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x14, On Level: Main
  • Room 2: Kitchen, 11.6x8.4, On Level: Main
  • Room 3: Bedroom, 12x11, On Level: Second Floor
  • Room 4: Bedroom, 12x9, On Level: Second Floor
  • Room 5: Den/Office, 8x7, On Level: Lower
  • Room 6: Master Bedroom, 13.6x12, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Walkout
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 1152
  • Below Grade Finished Sq Ft: 480
  • Total Fin Square Footage: 1632
  • Total Square Footage: 1652

Exterior Features

  • Frontage Road: Gravel
  • LakeAcres: 8700
  • Waterfront Name: Island
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Sauna, Bunkhouse
  • Waterfront: Yes
  • Water Frontage: 207
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: IRREG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2012
Closed on
Oct 19, 2012
Sold by
Forcier John R and Forcier Doreen M
Bought by
Reasor Angela J
Seller's Agent
Doug Freeman
RE/MAX 1 - Duluth
Buyer's Agent
Wade Freeman
RE/MAX 1 - Duluth
List Price
$310,000
Sold Price
$282,500
Premium/Discount to List
-$27,500
-8.87%
Current Estimated Value
$441,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,649
Avg. Annual Appreciation
3.43%
Original Mortgage
$28,250
Outstanding Balance
$16,688
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$424,461

Purchase Details

Closed on
Feb 27, 2004
Sold by
Forcier Barbara J
Bought by
Forcier John R and Forcier Doreen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reasor Angela J $282,500 Rels
Forcier John R $250,000 Arrowhead Abstract & Title C
Forcier John R $250,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reasor Angela J $28,250
Open Reasor Angela J $226,000
Previous Owner Forcier John R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $282,500 -8.9% $173 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
07/01/2012 07/01/12 For Sale $310,000 -- $190 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $2,746 $280,800 $106,000 $174,800
2023 $2,746 $268,800 $101,500 $167,300
2022 $2,730 $268,800 $101,500 $167,300
2021 $3,084 $225,600 $86,400 $139,200
2020 $3,164 $252,900 $87,300 $165,600
2019 $3,106 $252,900 $87,300 $165,600
2018 $2,908 $252,900 $87,300 $165,600
2017 $2,970 $253,100 $87,500 $165,600
2016 $2,478 $253,100 $87,500 $165,600
2015 $2,297 $182,200 $54,200 $128,000
2014 $2,297 $174,800 $53,900 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4337020

REALTOR® Association of Southern Minnesota

APN: 375002800010