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3842 Almquist Rd, Hermantown, MN, 55811

$485,000

Home List Price

$5,759*

Closing Credit

3 Bedrooms
1 Partial Bath
1,254 SqFt
$387/SqFt
House

Location

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3842 Almquist Rd, Hermantown$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage2 spaces
Year Built1920
HeatingForced Air, Propane
CoolingNone
MLS #6115698
Lot Size20.00 Acres
StatusActive
(ACTIVE)

About 3842 Almquist Rd

Are you looking for a cool project opportunity? Welcome to this charming 20-acre property, a former dairy farm that has been in the family for decades, now transformed into a three-bedroom, two-bathroom single-family residence. Enclosed by a cattle fence, this home and outbuildings blends history with modern convenience. Walk in and imagine what you can do with this original farmhouse! Updates have been done for you but use your imagination, creativity and talents to design your dream home. This home is a blank slate sitting on a stone foundation. The property is rich with additional structures, including an old log cabin, an old chicken coop, and the original milk house, now repurposed as a well pump house with a shower. There’s also a garage turned guest cottage with in-floor heating and a detached lean-to with three stalls. Whether you're looking to embrace the past or create something new, this property offers endless potential. Keep in mind this home has been in the family for many years and you will need to bring it to code, perhaps a new septic, and additional code items, but this is the joy of owning this property!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: Messina & Associates Real Estate
  • Listing Agent: Deanna Bennett

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 20.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: None

Other

Directions Information:

  • Directions: US-2 W to Almquist Rd in Hermantown

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $387/SqFt

Tax Information:

  • Annual Amount: $3,038
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hermantown, MN.

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Hermantown, MN

City

Med. Sold Price

$427.5K

Med. Price/SqFt

$192

Avg. Days On Market

34

# of Sold Homes

16

3842 Almquist Rd vs Hermantown

90 DAYS ON ROCKET

+56 Days

$485,000

+$57.5K More

$387/SqFt

+$194 More

KEY TAKEAWAY

This property is $57.5K more than the Median Sold Price and $194/SqFt more than other homes in Hermantown, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6115698

Listing Office:

  • Office Name: Messina & Associates Real Estate
  • Listing Agent: Deanna Bennett

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,038$212,500
2019$2,866$183,921
2017$2,306$150,088

History based on county public records data.

Payment Calculator

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-305864
8
/10

  • Hermantown Elementary School

  • 5365 W Arrowhead Rd

  • 2.71 miles

  • Public District Grades KG-4

school-card-donut-305865
7
/10

  • Bay View Elementary School

  • 8708 Vinland St

  • 4.27 miles

  • Public District Grades PK-5

school-card-donut-305866
8
/10

  • Pike Lake Elementary School

  • 5682 Martin Rd

  • 5.23 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,435. The majority of Hermantown, MN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3842 Almquist Rd

What is the listing price of this property?

The listing price of 3842 Almquist Rd property is $485,000.

What type of property is this?

The property 3842 Almquist Rd is a house located in Hermantown, Minnesota, 55811.

Is this property for sale now?

Active Listing: 3842 Almquist Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,038 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3842 Almquist Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3842 Almquist Rd is 1,254 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3842 Almquist Rd is 1920.

Rocket Homes›Minnesota›Saint Louis County›Hermantown›55811›3842 Almquist Rd

This home is located at 3842 Almquist Rd in Hermantown, MN and zip code 55811. This 1,254 square foot home, which was built in 1920, sits on a 20.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $485,000.

Over 2 listings were sold over their listed price in October 2024 in Hermantown, MN. In the same period over 12 listings were sold below the listed price and 2 listings were sold for the listed price. Between September 2024 and October 2024, Hermantown, MN real estate market has seen increase in the number of listings by 3.6%. While the average time on the market in October 2024 was 34 days, the median list price was $427,500.

From Rocket Homes Real Estate and based on county public records data.

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