NOT LISTED FOR SALE

7499 Pequaywan Lake Rd Duluth, MN 55803

Estimated Value: $421,229 - $532,000

2 Beds
2 Baths
1,282 Sq Ft
$362/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $285,000 $222 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,732/month

49 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Heated Floors
  • Vaulted Ceiling
  • Lakewood Elementary School Rated 9+
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2019

Beautiful and efficient Timber Frame Home with deeded access to Barrs Lake. Home sits on a beautiful wooded lot where you can experience nature both inside and out. Some of the features include beautiful timber framing, vaulted ceilings, and an open floor plan. There are heated concrete floors, wood stove, a loft, and 2 main floor bedrooms both with their own private bath. There is a screen porch off the living room, open porch off the front door, large patio, 2 fire pits, wood shed, storage shed, and oversized heated and insulated 2 car garage. Truly a unique home nestled in the trees, close to ATV and snowmobile trails and not a far drive from downtown.

Last Agent to Sell the Property

Lynn Marie Nephew

RE/MAX Results Listed on: 08/05/2019

RE/MAX Results

Last Buyer's Agent

Michelle Kuklinski

Adolphson Real Estate - Cloquet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 2006

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 300x1120
  • Property fronts a county road
  • Landscaped
  • Many Trees

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,282 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft
  • Heated Floors
  • Property Views

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Air Exchanger

Outdoor Features

  • Deeded Waterfront Access Rights
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 488-0350-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Pequaywan Lake Rd near Barrs Lake
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 222.31
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Beamed Ceilings, Foyer Entry, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Patio, Porch
  • Mfg And Park Info Construction Type: Frame/Wood, Timber/Post & Beam
  • FinFootageAboveGrade: 1282
  • Garage Type: Detached
  • Heat: In Floor, Hot Water, Propane
  • Fireplaces: 1
  • Reso Roof: Metal
  • Room 10: Other
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 2006
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Main
  • Bathroom Description: Full Master, 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Room 7: Porch
  • Room 8: Porch
  • Room 9: Other
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1282
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Waterfront Access: Deeded Access
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2019-08-05
  • Estimated Lot Dimensions: 300x1120
  • Estimated Number of Acres: 10
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Heavy
  • Parcel Number: 488-0350-00060

Rental Info

  • Lease Terms: Cash, Conventional, FHA

Tax Info

  • Tax Amount: 2298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 21, 2019
Sold by
Lor Maichong
Bought by
Wallner Matthew Ward and Wallner Jamie Rose
Seller's Agent
Lynn Marie Nephew
RE/MAX Results
Buyer's Agent
Michelle Kuklinski
Adolphson Real Estate - Cloquet
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$463,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,557
Avg. Annual Appreciation
8.47%
Original Mortgage
$256,500
Outstanding Balance
$224,707
Interest Rate
3.5%
Estimated Equity
$238,850

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 18, 2014
Sold by
Sherman Gary J and Sherman Sandra J
Bought by
Lor Maichong
Seller's Agent
Deanna Bennett
Messina & Associates Real Estate
Buyer's Agent
Lynn Marie Nephew
RE/MAX Results
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$247,000
Interest Rate
4.11%
Mortgage Type
New Conventional
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
Wallner Matthew Ward $285,000 North Shore Title Llc
Lor Maichong $260,000 Stewart Title Minnesota Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallner Matthew Ward $256,500
Previous Owner Lor Maichong $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2019 10/25/19 Sold $285,000 0.0% $222 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $285,000 +9.6% $222 / Sq Ft
09/16/2014 09/16/14 Sold $260,000 0.0% $202 / Sq Ft View Prior Sale
08/14/2014 08/14/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $260,000 -- $202 / 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 $3,302 $302,800 $44,400 $258,400
2022 $3,452 $287,900 $42,700 $245,200
2021 $2,610 $262,100 $41,100 $221,000
2020 $2,460 $202,900 $38,100 $164,800
2019 $2,458 $202,900 $38,100 $164,800
2018 $2,298 $202,900 $38,100 $164,800
2017 $2,332 $202,900 $38,100 $164,800
2016 $2,734 $202,900 $38,100 $164,800
2015 $2,863 $216,300 $42,400 $173,900
2014 $2,863 $216,300 $42,400 $173,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085335

APN: 488035000060