NOT LISTED FOR SALE

Estimated Value: $194,000 - $201,000

1 Bed
1 Bath
744 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $87,500 $118 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,180/month

26 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • 2 Car Detached Garage
  • Deck
  • Den
  • Enclosed Patio or Porch

About This Home

As of January 2016

1022 W 5th St is an adorable 1 bed, 3/4 bath home on a nice-sized lot in Observation Hill only 1/2 block from bus line. This cozy house has a 2-car garage, walk-out basement, enclosed porch, and an extra space upstairs that would make a great home office. Enjoy the outdoors with a back deck and large yard. This house is the perfect size for an individual or couple - check it out today to see if it's the home for you!

Last Agent to Sell the Property

Brok Hansmeyer

RE/MAX Results Listed on: 11/04/2015

RE/MAX Results

Last Buyer's Agent

Reisa Varin

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1909

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Few Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 744 Sq Ft Home
  • Multi-Level Property
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • City Lights Views
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-1270-02780

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 10th Ave W below 5th St in Alley
  • L O1 Office Phone1 Number: 218-722-2811
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Tiled Floors, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 744
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 1
  • Year Built: 1909
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office, Enclosed Porch
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Porch
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Den/Office
  • Total Bathrooms: 1
  • Total Fin Square Footage: 744
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Underground Utilities
  • Parcel Number: 010-1270-02780

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 12, 2016
Sold by
Roragen Brian R and Roragen Karen
Bought by
Chase Zachary D
Seller's Agent
Brok Hansmeyer
RE/MAX Results
Buyer's Agent
Reisa Varin
RE/MAX Results
List Price
$87,500
Sold Price
$87,500
Current Estimated Value
$198,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,296
Avg. Annual Appreciation
8.73%
Original Mortgage
$83,125
Outstanding Balance
$65,869
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$132,927

Purchase Details

Closed on
Mar 21, 2005
Sold by
Carlson Wendi L
Bought by
Roragen Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.88%
Mortgage Type
VA

Purchase Details

Closed on
Jun 25, 2003
Sold by
Lombardi Richard A
Bought by
Carlson Wendi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Mattson Brian K
Bought by
Lombardi Richard A

Purchase Details

Closed on
Jun 1, 1984
Sold by
Mattson Beatrice J and Mattson John
Bought by
Mattson Brian K

Purchase Details

Closed on
May 6, 1983
Sold by
Berg Gary T and Berg Charmaine E
Bought by
Mattson Beatrice J and Nelson Tammy R
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
Chase Zachary D $87,500 Stewart Title Company
Roragen Brian R $115,000 Pioneer Abstract & Title Of
Carlson Wendi L $102,000 St Louis County Title Compan
Lombardi Richard A $52,000 --
Mattson Brian K $500 Arrowhead Abstract & Title C
Mattson Beatrice J -- Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Zachary D $83,125
Previous Owner Roragen Brian R $115,000
Previous Owner Carlson Wendi L $81,600
Closed Carlson Wendi L $20,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2016 01/12/16 Sold $87,500 0.0% $118 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $87,500 -- $118 / 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 $1,662 $149,400 $54,100 $95,300
2023 $1,662 $137,800 $52,400 $85,400
2022 $1,450 $128,300 $49,100 $79,200
2021 $1,350 $111,100 $18,900 $92,200
2020 $1,388 $106,800 $18,200 $88,600
2019 $1,204 $106,800 $18,200 $88,600
2018 $1,074 $96,900 $18,200 $78,700
2017 $1,590 $94,400 $18,300 $76,100
2016 $1,152 $5,400 $5,400 $0
2015 $18 $0 $0 $0
2014 $18 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6019204

APN: 010127002780