11 months on rocket

4474 Martin Rd, Duluth, MN, 55803

$1,232,000

12.32 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMixed Use
MLS #6111542
Lot Size12.32 Acres
StatusActive
(ACTIVE)

About 4474 Martin Rd

Discover endless possibilities with this 12+ acre building site in the business-friendly city of Rice Lake. Boasting a prime location, this shovel-ready property offers an array of amenities, making it a highly attractive investment opportunity. On-site city water, sewer, gas, electrical, and high-speed communications provide immediate utility access for development. Zoned for commercial use, but adaptable for residential development, plus the sellers are open to the option to divide the land for multi-purpose use. An additional 8+ acres are available expanding the property to a 21 acre building site. Situated within close proximity to the Duluth International Airport, BoomTown Brewery, and within 10-15 minutes to Miller Hill amenities, Pike Lake, and Island Lake, this parcel is one not to miss.

Property Details

Property Features

Listing Office:

  • Office Name: Edmunds Company, LLP
  • Listing Agent: Casey Knutson Carbert

Lot Features

Lot Information:

  • Lot Size: 12.32 Acres

School Info

Assigned Schools Information:

  • East High School, Public District Grades 9-12
  • Homecroft Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Next to Kwik Trip, across from Boomtown.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,232,000

Tax Information:

  • Annual Amount: $2,988
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$308.9K

Med. Price/SqFt

$194

Avg. Days On Market

21

# of Sold Homes

122

4474 Martin Rd vs Duluth

345 DAYS ON ROCKET

+324 Days

$1,232,000

+$923K More

KEY TAKEAWAY

This property is $923K more than the Median Sold Price in Duluth, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6111542

Listing Office:

  • Office Name: Edmunds Company, LLP
  • Listing Agent: Casey Knutson Carbert

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: 10/31/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 2017Home Sold
$619,500
Jul 13, 2007Home Sold
$438,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,988$125,100
2019$3,050$125,100
2017$3,712$125,100

History based on county public records data.

Payment Calculator

$6,216

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,760

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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.

Elementary School

school-card-donut-817731
8
/10
  • Homecroft Elementary School

  • 4784 Howard Gnesen Rd

  • 2.06 miles

  • Public District Grades PK-5

High School

school-card-donut-817732
7
/10
  • East High School

  • 301 N 40th Ave E

  • 5.91 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,819. Typical income of Duluth, MN residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4474 Martin Rd

What is the listing price of this property?

The listing price of 4474 Martin Rd property is $1,232,000.

What type of property is this?

The property 4474 Martin Rd is land located in Duluth, Minnesota, 55803.

Is this property for sale now?

Active Listing: 4474 Martin Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4474 Martin Rd are:
Homecroft Elementary School: GreatSchools Rating 8/10
East High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,988 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 29, 2017 for $619,500. (source: MLS/tax record).

How much acreage is this property?

The property 4474 Martin Rd is 12.32 acres.
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Rocket HomesMinnesotaSaint Louis CountyDuluth558034474 Martin Rd

This home is located at 4474 Martin Rd in Duluth, MN and zip code 55803 in the Arnold neighborhood. This home sits on a 12.32 acre lot. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $1,232,000.

While more than 39 listings in Duluth, MN in September 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 55 were sold below. The inventory of homes for sale in Duluth, MN between August 2024 and September 2024 decreased by 7.3%. In September 2024 median list price was $308,933 and the average listing age was 21 days.

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

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