NOT LISTED FOR SALE

9232 W Branch Rd Duluth, MN 55803

Estimated Value: $555,618 - $598,000

3 Beds
2 Baths
1,884 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $379,900 $202 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,256/month

17 Days on Market

Highlights

  • Private Waterfront
  • Panoramic View
  • Wood Flooring
  • Docks
  • Deck
  • Pole Barn

About This Home

As of June 2019

This Big Pequaywan lake home checks all the boxes - inside and out. A double lot, 200' of shoreline, level lake approach, hard lake bottom, heated garage, pole barn ready for in floor heat, wrap around deck, panoramic lake views, mature pines, landscaping and UPDATES! New Andersen windows, Lopi woodstove and a gas fireplace in the lower level, hardwood floors, professionally installed tongue & groove paneling, fresh carpet and paint. Open concept on both levels, filled with daylight and water views. 2 bedrooms on the main level, an additional bedroom downstairs, second bath, storage and a walk-out to the water. Generous space for overnight guests, entertaining and storage. All lake activities are welcome here, boating, fishing & paddling. Explore the Pequaywan area and its trail systems - snowmobiles, ATV's and a new walking loop. Private land, not leased, paved roads & high speed internet, a short commute to Duluth.

Last Agent to Sell the Property

Sandra Nelson

RE/MAX Results Listed on: 04/15/2019

RE/MAX Results

Last Buyer's Agent

Michelle Ryan

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,747

Year Built

  • Built in 1978

Lot Details

  • 1.9 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped
  • Level Lot

Property Views

  • Lake
  • Panoramic

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Home Security System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 4 Car Detached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Pole Barn
  • Storage Shed

Utilities

  • Boiler Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 502-0060-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,747

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Jean Duluth Rd to end, right on Hwy 44 ( Pequaywan Lake Rd) to left on West Branch Rd.
  • InternetOptions: DSL, Satellite
  • Waterfront Info Lake Maximum Depth: 33
  • L O1 Office Phone1 Number: 218-728-7700
  • ShorelineCharacteristics: Gravel, Hard, Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Hardwood Floors, Security System, Tiled Floors, Patio Door
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1064
  • Below Grade Finished Sq Ft: 820
  • Garage Type: Detached
  • Heat: Boiler, Wood, Propane
  • Fireplaces: 2
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Family Room
  • TotalBedrooms: 3
  • Year Built: 1978
  • Level 1 Bedroom: Main
  • RoomLevel3: Lower
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Foyer
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Storage Room
  • Room 9: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1884
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 418
  • Out Buildings: Pole Building, Storage Shed
  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Big Pequaywan
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 4

Utilities

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

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 1.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Level
  • Parcel Number: 502-0060-00060
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 2747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 5, 2019
Sold by
Olafson David E and Olafson Roberto L
Bought by
Flanagan John W and Flanagan Faye E
Seller's Agent
Sandra Nelson
RE/MAX Results
Buyer's Agent
Michelle Ryan
RE/MAX Results
List Price
$379,900
Sold Price
$379,900
Current Estimated Value
$574,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,005
Avg. Annual Appreciation
6.71%
Original Mortgage
$236,900
Outstanding Balance
$207,860
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$367,045

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 19, 2016
Sold by
Somrock Jeffery K
Bought by
Olafson David E and Olafson Roberta L
Seller's Agent
Frank Messina
Messina & Associates Real Estate
Buyer's Agent
Deena Townsend
RE/MAX Results
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$271,920
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2008
Sold by
Madden Janice A
Bought by
Somrock Jeffery K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,750
Interest Rate
6.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Flanagan John W $379,900 North Shore Title Llc
Olafson David E $339,900 Arrowhead Abstract & Title C
Somrock Jeffery K $325,751 Rels
Somrock Jeffery K -- Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan John W $236,900
Previous Owner Olafson David E $271,920
Previous Owner Somrock Jeffery K $325,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2019 06/10/19 Sold $379,900 0.0% $202 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $379,900 +11.8% $202 / Sq Ft
08/19/2016 08/19/16 Sold $339,900 0.0% $183 / Sq Ft View Prior Sale
08/06/2016 08/06/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $339,900 -- $183 / 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 $2,892 $413,000 $150,900 $262,100
2023 $2,892 $376,300 $137,700 $238,600
2022 $3,140 $359,500 $131,700 $227,800
2021 $3,016 $333,300 $126,900 $206,400
2020 $2,870 $329,200 $114,800 $214,400
2019 $2,772 $307,300 $114,800 $192,500
2018 $2,810 $307,300 $114,800 $192,500
2017 $2,798 $307,400 $114,900 $192,500
2016 $2,198 $307,400 $114,900 $192,500
2015 $3,280 $255,800 $106,500 $149,300
2014 $3,280 $268,800 $111,900 $156,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081941

APN: 502006000060