NOT LISTED FOR SALE

740 Salmi Rd Cloquet, MN 55720

Estimated Value: $350,000 - $405,000

3 Beds
2 Baths
1,568 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $165,000 $105 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,471/month

37 Days on Market

Highlights

  • Heated Floors
  • Recreation Room
  • Separate Outdoor Workshop
  • Churchill Elementary School Rated A-
  • Ranch Style House
  • 10 Car Detached Garage

About This Home

As of May 2016

Check out this Ranch/Rambler home in Cloquet, 3 bedrooms and 2 baths all on a heated slab. This home has a cozy living room and even a rec room - with a gas fireplace. All of this on just about 3 acres, beautiful yard, landscaped with many perennials. The garage space at this property is unbelievable! All new roofs, a new drilled well, and a hot water heater in 2014. Move in ready, make this home yours!

Last Agent to Sell the Property

Deena Shykes

RE/MAX Results Listed on: 01/23/2016

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1995

Lot Details

  • 2.99 Acre Lot
  • Irregular Lot
  • Few Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Range
  • Washer Hookup
  • Property Views

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 10 Car Detached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 92-010-4483 and 92-010-4442

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: west on Big Lake Road from Cloquet, left on Salmi Rd to house.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 105.23
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Tiled Floors, Walk-In Closet, Washer Hook-Ups
  • Amenities Exterior: Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1568
  • Garage Type: Detached
  • Heat: In Floor, Propane, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1995
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 1568
  • Basement Style: Slab
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: main
  • Bathroom Description: Full Master, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Rec Room
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1568
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Workshop
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 10

Utilities

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

Schools

  • School District: Cloquet #94
  • Junior High Dist: Cloquet #94

Lot Info

  • Geo Update Timestamp: 2016-06-06
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 2.99
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Light
  • Parcel Number: 92-010-4483 and 92-010-4442

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 2750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2016
Closed on
May 5, 2016
Sold by
Bosiacki Kelly
Bought by
Long Jack A and Lepinski Lindsay A
Seller's Agent
Deena Shykes
RE/MAX Results
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$374,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,811
Avg. Annual Appreciation
8.84%
Original Mortgage
$162,011
Outstanding Balance
$128,654
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$228,530

Purchase Details

Closed on
Nov 30, 2012
Sold by
Bank Of America National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 13, 2012
Sold by
Lorenz Timothy C and Lorenz Susan D
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jan 31, 2008
Sold by
Rempkowski John W and Rempkowski Nelida M
Bought by
Lorenz Timothy C and Lorenz Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.22%
Mortgage Type
New Conventional
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
Long Jack A $165,000 Abstract Title
Federal Home Loan Mortgage Corporation -- None Available
Bank Of America National Association $188,671 None Available
Lorenz Timothy C $230,000 Carlton County Abstract & Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Jack A $162,011
Previous Owner Bosiacki Kelly $136,320
Previous Owner Lorenz Timothy C $184,000
Previous Owner Rempkowski John W $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $165,000 0.0% $105 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $165,000 +50.0% $105 / Sq Ft
06/19/2014 06/19/14 Sold $110,000 -29.0% $70 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $154,900 -- $99 / 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
2024 $4,598 $337,200 $38,000 $299,200
2023 $4,598 $322,700 $36,900 $285,800
2022 $4,050 $322,700 $36,900 $285,800
2021 $4,052 $241,200 $23,900 $217,300
2020 $3,658 $236,900 $23,600 $213,300
2019 $2,862 $214,400 $23,600 $190,800
2018 $2,840 $176,900 $22,400 $154,500
2017 $2,816 $176,900 $22,400 $154,500
2016 $2,870 $176,900 $22,400 $154,500
2015 $2,608 $156,500 $19,800 $136,700
2014 -- $156,500 $19,800 $136,700
2013 -- $166,800 $20,400 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020048

APN: 92-010-4483