NOT LISTED FOR SALE

8874 W Branch Rd Duluth, MN 55803

Estimated Value: $323,781 - $420,000

2 Beds
2 Baths
1,642 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $135,000 $82 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,010/month

131 Days on Market

Highlights

  • 238 Feet of Waterfront
  • Heated Floors
  • Bathroom on Main Level
  • RV Access or Parking
  • 4 Car Attached Garage
  • Combination Dining and Living Room

About This Home

As of October 2013

This is a perfect lake retreat only 30 minutes from Duluth. This property has 200 feet of frontage on Smith Lake, newer septic and well, and a large metal building with living quarters. The lower level of this building has a bathroom, office, in floor heat that can be ran with oil or wood, extensive electrical, and other additional work spaces and storage. The upstairs has a kitchen area, large living room, master bedroom with master bath and a second bedroom that would be perfect for a couple sets of bunks! Outside of the building is a full RV hook up and brick patio. Additional lot details include a cleared building site which is sure to have fantastic views of Smith Lake and different driveway options that could lead to a future tuck under garage. The shoreline has been partially landscaped and has a concrete dock pad. Smith Lake is a great pontoon and fishing lake!

Last Agent to Sell the Property

Adam Swor

Team Swor Real Estate Listed on: 05/17/2013

Last Buyer's Agent

Sandi Nelson

Edina Realty Inc - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • 1996

Lot Details

  • 2 Acre Lot
  • 238 Feet of Waterfront
  • Lake Front

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,642 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Combination Dining and Living Room
  • Heated Floors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 4 Car Attached Garage
  • Gravel Driveway
  • RV Access or Parking

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 502-0040-00150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

1996

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Broadband Available, Ethernet Wired, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Gravel, RV Parking
  • Estimated Number of Acres: 2
  • Assessment Balance: 9
  • Assessments: Yes
  • Beach Type: Rocky
  • Construction: Previously Owned
  • Parcel Number: 502-0040-00150
  • Stories: 2 Story
  • Taxes With Assessments: 1683.7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Combine with Living Room
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x27, On Level: Upper
  • Room 2: Kitchen, 11x15, On Level: Upper
  • Room 3: Dining Room, 8x17, On Level: Upper
  • Room 5: Master Bedroom, 15x18.5, On Level: Upper
  • Room 6: Bedroom, 14x18, On Level: Upper
  • Room 7: 19x29, On Level: Lower
  • Room 8: Den/Office, 7x13, On Level: Lower
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1642
  • Total Fin Square Footage: 1642

Exterior Features

  • Frontage Road: Paved
  • Waterfront Name: Smith
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Roof: Metal
  • Waterfront: Yes
  • Water Frontage: 238
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4

Utilities

  • Fuel: Oil, Wood
  • Heat: Boiler, In Floor
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 238x422.5 / 223x356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2012
Sold by
Kaler Beth
Bought by
Rinne Jack D
Current Estimated Value
$365,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Buboltz Steven M and Buboltz Beth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,280
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,280
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2008
Sold by
Hirsch Robert L and Hirsch Tamara A
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rinne Jack D $135,000 Arrowhead Abstract
Buboltz Steven M $169,100 St Louis Co Title Co
Federal Home Loan Mortgage Corp $87,036 None Available
Wells Fargo Bank Na $237,367 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rinne Jack D $108,000
Previous Owner Buboltz Steven M $135,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $135,000 -32.5% $82 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $199,900 -- $122 / 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 $1,096 $211,300 $91,200 $120,100
2023 $1,096 $188,900 $83,500 $105,400
2022 $1,310 $180,600 $80,000 $100,600
2021 $1,188 $168,300 $77,200 $91,100
2020 $1,236 $160,600 $73,400 $87,200
2019 $1,154 $160,600 $73,400 $87,200
2018 $1,172 $157,400 $73,400 $84,000
2017 $1,166 $157,500 $73,500 $84,000
2016 $1,032 $157,500 $73,500 $84,000
2015 $1,037 $133,500 $65,000 $68,500
2014 $1,037 $133,500 $65,000 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4479595

REALTOR® Association of Southern Minnesota

APN: 502004000150