NOT LISTED FOR SALE

8885 Pequaywan Lake Rd Duluth, MN 55803

Estimated Value: $320,421 - $506,000

2 Beds
3 Baths
2,620 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $425,000 $162 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,346/month

13 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Raised Ranch Architecture
  • Docks
  • Deck
  • Whirlpool Bathtub

About This Home

As of September 2021

Work in Duluth, Play on Pequaywan! 175 feet of lake frontage and over 3 acres, this year round 2+ bedroom, 3 bath home provides one level living if desired. Enjoy gorgeous sunsets from your spacious deck. Relish the niceties of the home to include the heated floors in the master bath, two master closets, the tank hot water booster, air exchange system, and wood stove in the basement as an added heat source. Bonus room in the basement could be converted to a legal 3rd bedroom. Plenty of storage in the basement. Make this your new lake home or cabin today! Pequaywan Lake is 30 miles from downtown Duluth and 19 miles to Two Harbors.

Last Agent to Sell the Property

Heather Holst

Edina Realty, Inc. - Duluth Listed on: 06/28/2021

Last Buyer's Agent

Julie Carlson

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 2004

Lot Details

  • 3.7 Acre Lot
  • Private Waterfront
  • 175 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Lower Floor Utility Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

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

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well
  • Gas Water Heater
  • Fuel Tank
  • Fiber Optics Available

Additional Features

  • Air Exchanger
  • Bunk House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 502002002862 and 502003000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,280

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on either Rice Lake Rd OR Jean Duluth Rd, Head East (Right) on Normanna Rd, will turn into Pequaywan Lk Rd, home is on the left approximately 1 mile past the Pequaywan Inn.
  • InternetOptions: Fiber Optic
  • Waterfront Info Lake Maximum Depth: 33
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 162.21
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Garage Door Opener, Kitchen Center Island, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1456
  • Below Grade Finished Sq Ft: 1164
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Family Room
  • Room 11: Bonus Room
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Walkout, Bath, Family/Rec Room, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Private Master, Whirlpool
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Bedroom
  • Stories: Raised Ranch
  • Room 6: Bathroom
  • Room 7: Dining Room
  • Room 8: Laundry Room
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2620
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 425
  • Out Buildings: Bunkhouse
  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 175
  • Waterfront Name: Little Pequaywan
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Double Glazed, Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 30

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Drain Field
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Insurance Expense: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2021-06-28
  • Estimated Lot Dimensions: 628 x 175 shore, 335 road
  • Estimated Number of Acres: 3.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline
  • Parcel Number: 502002002862 and 502003000090
  • Waterfront Type: Inland Lake

Rental Info

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

Tax Info

  • Tax Amount: 3280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 1, 2021
Sold by
King Kathleen E
Bought by
Garner Darrin M and Garner Angela M
Seller's Agent
Heather Holst
Edina Realty, Inc. - Duluth
Buyer's Agent
Julie Carlson
RE/MAX Results
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$415,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,395
Avg. Annual Appreciation
-1.21%
Original Mortgage
$340,000
Outstanding Balance
$312,310
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$92,396
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
Garner Darrin M $425,000 North Shore Title
Garner Darrin Darrin $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garner Darrin M $340,000
Previous Owner King Kathleen E $108,000
Previous Owner King Gerald M $154,000
Previous Owner King Gerald M $35,000
Previous Owner King Gerald M $25,000
Closed Garner Darrin Darrin $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $425,000 0.0% $162 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $425,000 -- $162 / 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 $1,026 $124,100 $106,000 $18,100
2022 $1,200 $118,400 $101,100 $17,300
2021 $1,090 $112,800 $97,100 $15,700
2020 $1,124 $104,700 $90,200 $14,500
2019 $1,084 $104,700 $90,200 $14,500
2018 $1,098 $104,200 $90,200 $14,000
2017 $1,094 $104,200 $90,200 $14,000
2016 $1,024 $104,200 $90,200 $14,000
2015 $1,039 $104,200 $92,200 $12,000
2014 $1,039 $104,200 $92,200 $12,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097944

APN: 502003000090