NOT LISTED FOR SALE

8944 W Branch Rd Duluth, MN 55803

Estimated Value: $414,926 - $491,000

1 Bed
2 Baths
1,920 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $360,000 $188 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,587/month

62 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Spa
  • Docks
  • New Construction
  • Sauna

About This Home

As of August 2021

Unique property on Little Pequaywan Lake consisting of 100' of frontage and nearly an acre! Property features a 40x48 Steel Building, 12 x 18 sauna building near waters edge, dock, concrete driveway, and yard. An outdoorsman/sportsman’s dream. Hunt all fall, Snowmobile all winter, 4 wheel all spring, and Swim and Fish in the summer. All the toys will fit in your radiantly heated garage/living room. Main Structure contains a 40x36 storage/work space and a generously outfitted apartment. 1 Bedroom 2 bath apartment features an open concept with a eat in kitchen, granite counter tops, a loft with a view, and huge tiled showers. All new construction. Beautiful mature trees abound. Landscapers template ready for your artistic input. Little Pequaywan is 240 acres, connected to Smith Lake (approximately 50 acres) with Walleye, Crappie and Northern Pike fishing. Asphalt public year round road and short drive to Duluth & Two Harbors. Close to groomed state snowmobile trails linked to North Shore trail system. Cross country ski trails in the area as well!

Last Agent to Sell the Property

Justin May

Messina & Associates Real Estate Listed on: 05/07/2021

Co-Listed By

Frank Messina

Messina & Associates Real Estate

Last Buyer's Agent

Belinda Sternberg

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 100x300
  • Private Waterfront
  • 100 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees
  • Additional Land

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Steel Siding
  • Steel Beams

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Utility Room
  • Sauna
  • Heated Floors
  • Lake Views
  • Home Security System

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

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

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Heated Garage
  • Insulated Garage
  • Bathroom In Garage
  • Garage Drain
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Beach Access
  • Docks
  • Patio

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Drilled Well
  • Private Sewer
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 502-0050-00120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,164

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East on Jean Duluth RT on Normana str to Pequaywan Lake Rd Left on W Branch house on RT
  • InternetOptions: Satellite
  • Waterfront Info Lake Maximum Depth: 33
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 187.5
  • ShorelineCharacteristics: Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Sauna, Security System, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Dock, Hot Tub, Patio
  • Mfg And Park Info Construction Type: Frame/Wood, Steel
  • FinFootageAboveGrade: 1920
  • Garage Type: Attached
  • Heat: Baseboard, Boiler, In Floor, Propane, Electric
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Laundry Room
  • TotalBedrooms: 1
  • Year Built: 2019
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: 3/4 Main Floor, 3/4 Upper
  • Extra Rooms: Spa/Sauna
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Utility Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Living Room
  • Stories: 2 Story
  • Room 6: Bathroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1920
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 240
  • Out Buildings: Sauna
  • Road Frontage: Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 100
  • Waterfront Name: Little Pequaywan
  • Construction Status: Completed New Construction
  • Exterior: Steel

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Driveway - Concrete
  • Garage Features: Apartment, Bathroom, Bedroom, Drains, Electrical Service, Heat, Insulation, Kitchen, Plumbing, Slab
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 40x36

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-05-07
  • Estimated Lot Dimensions: 100x300
  • Estimated Number of Acres: 0.78
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Additional Land Available, Tree Coverage - Medium
  • Parcel Number: 502-0050-00120
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Aug 12, 2021
Sold by
Philipp Melissa and Melvern Eugene Olson Trust
Bought by
Snr Investments Llc
Seller's Agent
Justin May
Messina & Associates Real Estate
Buyer's Agent
Belinda Sternberg
Century 21 Atwood
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$448,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,982
Avg. Annual Appreciation
5.41%
Original Mortgage
$270,000
Outstanding Balance
$244,983
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$203,999

Purchase Details

Closed on
Jan 22, 2018
Sold by
Holte Dawn Marie and Olson Dawn Marie
Bought by
Olson Melvern E

Purchase Details

Listed on
Nov 6, 2014
Closed on
May 18, 2015
Sold by
Valure Denise A and Kilpela Dawn K
Bought by
Olson Melvern E
Seller's Agent
Tony Vatalaro
Evergreen Real Estate, Inc.
Buyer's Agent
Mike Dodge
Sunrise Real Estate, LLC
List Price
$114,000
Sold Price
$114,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Valure Denise
Bought by
Valure Denise A and Kilpela Dawn K

Purchase Details

Closed on
Aug 29, 2007
Sold by
Valure Denise
Bought by
Valure Denise
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
Snr Investments Llc $360,000 None Available
Olson Melvern E -- None Available
Olson Melvern E $114,000 Arrowhead Abstract & Title C
Valure Denise A -- None Available
Valure Denise -- None Available
-- $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snr Investments Llc $270,000
Closed -- $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $360,000 0.0% $188 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $360,000 +215.8% $188 / Sq Ft
05/18/2015 05/18/15 Sold $114,000 0.0% $91 / Sq Ft View Prior Sale
04/28/2015 04/28/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $114,000 -- $91 / 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
2024 $2,780 $318,100 $105,400 $212,700
2023 $2,780 $290,000 $96,400 $193,600
2022 $2,574 $277,100 $92,300 $184,800
2021 $1,164 $234,300 $89,000 $145,300
2020 $860 $161,200 $72,300 $88,900
2019 $1,126 $82,000 $72,300 $9,700
2018 $1,126 $109,900 $72,300 $37,600
2017 $1,034 $106,300 $72,400 $33,900
2016 $1,130 $98,300 $72,400 $25,900
2015 $1,178 $111,600 $78,700 $32,900
2014 -- $111,600 $78,700 $32,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6096565

APN: 502005000120