Welcome to this exceptional property set on 10 acres, offering both tranquility and ample room to roam. This home has a chef's dream kitchen which features quartz countertops, hickory cabinets, and a generous pantry. The main floor also features 2 bedrooms and an updated full bathroom. The fully finished basement includes a spacious recreation room, bedroom, office space, HUGE storage closet and a full bath with a heated tile floor and jacuzzi tub. This home is clad in durable steel siding and has a two-level back deck, ideal for outdoor entertaining. This unique gem features two detached garages—one measuring 30x30 and the other 28x32—perfect for all your storage and hobby needs. The insulated garage boasts 2 storage rooms, ribbed metal ceiling and a propane heater, ensuring a cozy workspace year-round. Beautiful blacktop driveway and concrete apron. Compliant septic and newer drilled well. This home is impeccably maintained and pride of ownership shows. Don't miss your chance to own this remarkable property! Electric: $298/mo average Propane: 232 gallons delivered last year
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,251
Per Month
Principal & Interest
$2,184
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,378
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Lakewood Elementary School
5207 N Tischer Rd
Distance between this listing and this school5.11 miles
Public District Grades KG-5
8
/10
Homecroft Elementary School
4784 Howard Gnesen Rd
Distance between this listing and this school5.36 miles
Public District Grades PK-5
9
/10
Lester Park Elementary School
5300 Glenwood St
Distance between this listing and this school7.42 miles
Public District Grades KG-5
Nearby Schools
3
/10
North Star Academy
3301 Technology Dr
Distance between this listing and this school7.61 miles
Public Charter Grades KG-8
7
/10
Ordean East Middle School
2900 E 4th St
Distance between this listing and this school8.17 miles
Public District Grades 6-8
7
/10
Hermantown Middle School
4335 Hawk Circle Dr
Distance between this listing and this school10.31 miles
Public District Grades 5-8
Nearby Schools
8
/10
East High School
301 N 40th Ave E
Distance between this listing and this school7.87 miles
Public District Grades 9-12
1
/10
Superior Academy
4849 Ivanhoe St
Distance between this listing and this school8.96 miles
Public District Grades 4-12
4
/10
Academic Excellence Online
215 N 1st Ave E
Distance between this listing and this school10.02 miles
The neighbors living near this home have an average income of $82,596. Typical income of Duluth, MN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5845 Arnold Rd
What is the listing price of this property?
The listing price of 5845 Arnold Rd property is $437,500.
What type of property is this?
The property 5845 Arnold Rd is a house located in Rice Lake, Minnesota, 55803.
Is this property for sale now?
Active Listing: 5845 Arnold Rd is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 5845 Arnold Rd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5845 Arnold Rd is 1,836 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5845 Arnold Rd is 1977.
This home is located at 5845 Arnold Rd in Rice Lake, MN and zip code 55803. This 1,836 square foot home, which was built in 1977, sits on a 10.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $437,500.
In October 2024 more than 50 listings in Duluth, MN were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 62 were sold below. The number of homes for sale in Duluth, MN increased by 0.9% between September 2024 and October 2024. Listings spent 23 days on the market in October 2024, and had a median list price of $305,400 during the same period.
From Rocket Homes Real Estate and based on county public records data.