NOT LISTED FOR SALE

8887 Pequaywan Lake Rd Duluth, MN 55803

Estimated Value: $465,000 - $507,000

3 Beds
3 Baths
1,228 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $489,000 $398 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,869/month

18 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Living Room
  • Deck
  • The kitchen features windows
  • Entrance Foyer

About This Home

As of August 2024

Your up-north lake cabin with bunkhouse! Between the cabin & the bunkhouse you could sleep up to 12! Gorgeous views over Little Pequaywan Lake (fully recreational lake) & just 20 mins to Two Harbors & 2.5 hours north of the Cities. Completely move-in ready-brand new appliances, furnace, water softener, newer cedar siding, soffits, facia, gutters, roof & a composite deck overlooking the water! The main level has an open floor plan with kitchen & eating area overlooking the water + powder room & space to gather! Upstairs, is a lofted bedroom space & a primary bedroom suite with bathroom! The bunkhouse has a 3/4 bath, kitchenette, bunk space & electric heat (there is a new forced air furnace in the main cabin). Lower level has spacious open storage for all your lake toys that is separate from the living areas! Being sold fully furnished, including a 22 ft Crestliner Pontoon, dock, kayaks & paddle boards - completely move in ready for you to start soaking in lake life!

Last Agent to Sell the Property

Stephanie Checkley

Keller Williams Premier Realty Listed on: 07/01/2024

Keller Williams Premier Realty

Last Buyer's Agent

Kathi Vetter

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1996

Lot Details

  • 1.06 Acre Lot
  • Lake Front
  • Partially Fenced Property

Home Design

  • Log Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Propane
  • Private Water Source

Community Details

  • No Home Owners Association
  • Cummings Beach Town Of Pequaywan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 502003000081

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Private
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1228
  • Water Body Name: Pequaywan
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Storage Space, Unfinished
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1228
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Foyer, Laundry, Storage, Kitchen- 2nd, Bedroom 3

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 3

Exterior Features

  • Fencing: Partial
  • View: Lake
  • Other Structures: Bunk House
  • PatioPorchType: Deck
  • Lake Acres: 424
  • LakeChain: N

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: Private Sewer
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Window,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Lake Superior
  • SchoolDistrictNumber: 381
  • SchoolDistrictPhone: 218-834-8216

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 46173.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 502003000081
  • Tax Annual Amount: 2618
  • TaxWithAssessments: 2630.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 9, 2024
Sold by
Smith Matthew R and Smith Tatiana Damacen
Bought by
Vetter Chad and Vetter Kathi
Seller's Agent
Stephanie Checkley
Keller Williams Premier Realty
Buyer's Agent
Kathi Vetter
RE/MAX Results
List Price
$499,900
Sold Price
$489,000
Premium/Discount to List
-$10,900
-2.18%
Views
75
Current Estimated Value
$484,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,720
Avg. Annual Appreciation
-0.90%
Original Mortgage
$303,000
Outstanding Balance
$300,160
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$184,120

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 8, 2020
Sold by
Nichols Tanya
Bought by
Smith Matthew R
Seller's Agent
Deanna Bennett
Messina & Associates Real Estate
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$238,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 24, 2015
Sold by
Johnston Loren P and Johnston Deanna
Bought by
Nichols Michael P and Nichols Tanya L
Seller's Agent
Loren Johnston
Lewis & Clark, LLC
Buyer's Agent
Deanna Bennett
Messina & Associates Real Estate
List Price
$213,500
Sold Price
$213,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$160,125
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2007
Sold by
Broman Jodi Rae Dawn and Johnston Jodi
Bought by
Johnston Loren P
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
Vetter Chad $489,000 Results Title
Smith Matthew R $359,000 North Shore Title
Nichols Michael P $213,500 Stewart Title Company
Johnston Loren P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vetter Chad $303,000
Previous Owner Smith Matthew R $238,000
Previous Owner Nichols Tanya $210,000
Previous Owner Nichols Michael P $160,125
Previous Owner Johnston Loren P $165,000
Previous Owner Johnston Loren P $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $489,000 -2.2% $398 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $499,900 +39.2% $407 / Sq Ft
10/09/2020 10/09/20 Sold $359,000 0.0% $270 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $359,000 +68.1% $270 / Sq Ft
07/30/2015 07/30/15 Sold $213,500 0.0% $161 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $213,500 -- $161 / Sq Ft
Source: NorthstarMLS

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 $2,826 $294,000 $95,600 $198,400
2022 $2,608 $280,900 $91,500 $189,400
2021 $2,124 $259,800 $88,300 $171,500
2020 $2,178 $198,200 $71,500 $126,700
2019 $1,954 $198,300 $71,600 $126,700
2018 $1,982 $181,600 $59,400 $122,200
2017 $1,982 $181,600 $59,400 $122,200
2016 $1,810 $181,600 $59,400 $122,200
2015 $1,888 $172,700 $60,800 $111,900
2014 $1,927 $172,700 $60,800 $111,900
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Checkley

    Seller's Agent in 2024

    Stephanie Checkley

    Keller Williams Premier Realty

    (651) 308-8450

    163 Total Sales

    Stephanie Checkley
    Section Image
  • Kathi Vetter

    Buyer's Agent in 2024

    Kathi Vetter

    RE/MAX Results

    (651) 210-6507

    77 Total Sales

    Kathi Vetter
    Section Image

  • D

    Seller's Agent in 2020

    Deanna Bennett

    Messina & Associates Real Estate

    (218) 343-8444

    512 Total Sales

    Deanna Bennett
    Section Image

  • N

    Buyer's Agent in 2020

    Nonmember NONMEMBER

    Nonmember Office

  • L

    Seller's Agent in 2015

    Loren Johnston

    Lewis & Clark, LLC

    (218) 341-2126

    126 Total Sales

    Loren Johnston
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6542540

NorthstarMLS

APN: 502003000081

Minnesota St Louis County Duluth 55803

8887 Pequaywan Lake Rd, Duluth, MN

This home is located at 8887 Pequaywan Lake Rd, Duluth, MN 55803 since 01 July 2024 and is currently estimated at $484,280, approximately $394 per square foot. This property was built in 1996. 8887 Pequaywan Lake Rd is a home located in St. Louis County with nearby schools including Minnehaha Elementary School and Two Harbors Secondary.

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