NOT LISTED FOR SALE

8841 Pequaywan Lake Rd Duluth, MN 55803

Estimated Value: $635,056 - $776,000

4 Beds
2 Baths
1,994 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $361,000 $181 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,955/month

98 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Spa
  • Open Floorplan
  • Docks
  • Heated Floors
  • Deck

About This Home

As of July 2013

Just imagine how lucky you'll feel each day when you come home to this well- built, artfully designed and energy-efficient log home on Smith Lake. Built in 2002, this almost new home was designed to maximize space and take advantage of the natural beauty that surrounds it. If a window doesn't offer a lake view, it offers a view of the surrounding woodlands. Large covered porch as you enter; 2 story wood -burning fireplace; open maple kitchen with center island and plenty of storage; sunroom overlooking lake; large mud room; master bedroom, office( bdrm 2?) and full bath and laundry on main level; upper level with 2 more bedrooms, sewing room, full bath and loft space. The lower level is unfinished, but offers plenty of room for a family room , bedrooms, sauna or bath. Throughout the home you'll find quality details. 2 car attached garage, wood shed and room for lots of toys. 150 ft of lake fntg. DSL accessible, perfect for telecommuter.

Last Agent to Sell the Property

Kathleen Busche

Edmunds Company, LLP Listed on: 02/11/2013

Last Buyer's Agent

Casey Knutson Carbert

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 2003

Lot Details

  • 7.09 Acre Lot
  • Lot Dimensions are 150 x 2060
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Home Design

  • Log Cabin
  • Poured Concrete
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

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

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Porch

Utilities

  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 502-0020-02922

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,925

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Driveway - Gravel, Hot Tub, Porch
  • Estimated Number of Acres: 7.09
  • Assessment Balance: 18
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1176
  • Parcel Number: 502-0020-02922
  • Projected Closed Date: 07/31/2013
  • Stories: 2 Story
  • Taxes With Assessments: 2943.12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Great Room, 26x14, On Level: Main
  • Room 2: Dining Room, 11'6"x13'1", On Level: Main
  • Room 3: Kitchen, 13x12'7", On Level: Main
  • Room 4: 3 Season Porch, 11'10"x13', On Level: Main
  • Room 5: Laundry Room, 8x8, On Level: Main
  • Room 6: Master Bedroom, 15'4"x11'6", On Level: Main
  • Room 7: 11'5"x12'1", On Level: Main
  • Room 8: Bedroom, 15'5"x11'6", On Level: Upper
  • Room 9: Bedroom, 13'1"x11'6", On Level: Upper
  • Room 10: Loft, 14'6"x20', On Level: Upper
  • Room 11: Rec Room, 26x42, On Level: Lower
  • Basement Features: Egress Windows, Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1994
  • Total Fin Square Footage: 1994
  • Total Square Footage: 3170

Exterior Features

  • Frontage Road: County, Paved
  • LakeAcres: 180
  • Lake Chain: Yes
  • Waterfront Name: Little Pequaywan
  • Construction Type: Log Home
  • Exterior: Log
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric, Natural Gas
  • Heat: In Floor
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Superior HS #4046

Lot Info

  • Estimated Lot Dimensions: 150 X 2060

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2013
  • Tax Value: 2925.12

MLS Schools

  • School District: Lake Superior HS #4046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jul 31, 2013
Sold by
Irchner Kristie Sue and Helgen Kristie S
Bought by
Helgen Henry W
Seller's Agent
Kathleen Busche
Edmunds Company, LLP
Buyer's Agent
Casey Knutson Carbert
Edmunds Company, LLP
List Price
$389,000
Sold Price
$361,000
Premium/Discount to List
-$28,000
-7.2%
Current Estimated Value
$694,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,014
Avg. Annual Appreciation
5.49%
Original Mortgage
$342,900
Outstanding Balance
$252,782
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$441,232
Source: Public Records

Range of Values:

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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
Helgen Henry W $361,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helgen Henry W $342,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $361,000 -7.2% $181 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $389,000 -- $195 / 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 $3,782 $509,200 $140,400 $368,800
2023 $3,782 $463,700 $128,100 $335,600
2022 $3,986 $443,100 $122,600 $320,500
2021 $3,884 $408,400 $118,100 $290,300
2020 $4,014 $408,000 $98,700 $309,300
2019 $3,760 $408,000 $98,700 $309,300
2018 $3,810 $397,000 $98,700 $298,300
2017 $3,794 $397,100 $98,800 $298,300
2016 $2,976 $397,100 $98,800 $298,300
2015 $3,041 $337,600 $96,000 $241,600
2014 $3,041 $337,600 $96,000 $241,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4439242

REALTOR® Association of Southern Minnesota

APN: 502002002922