Seller's Agent in 2025
Barbara Hegg
Vermilion Land Office, Inc.
(218) 742-2369
1 in this area
219 Total Sales
4
Beds
2
Baths
1,500
Sq Ft
0.4
Acres
Highlights
- 0.4 Acre Lot
- Corner Lot
- Woodwork
- Wood Flooring
- Eat-In Kitchen
- 4-minute walk to Whiteside Park
About This Home
As of July 2018Excellent opportunity to own a reliable income producing property at a very reasonable price. This large 2 story house is located on 5 city lots so there is room to grow! Plenty of room for future projects like a garage or another duplex! This duplex is well maintained with 2 bedrooms on each level. The lower apartment has the classic living room, dining room, large kitchen with 2 bedrooms and bath. There is also a sunny 3-season front porch. The upstairs apartment has two large bedrooms, kitchen, living room and a bathroom with the original claw foot bathtub with surround shower. This property has great potential for the owner to live in one apartment, while helping to pay the mortgage from the rental of the other apartment. Of course, there is the possibility of turning it back into a single-family dwelling with a kitchen and bath on each floor. In the 15 years since the present owners purchased the property, they have made many upgrades to the house, including: New electrical wiring, new plumbing, blown in insulation in the walls and attic, new low e argon tip in windows thru out the house, vinyl exterior siding and trim, aluminum soffits and facia, new propane furnace with dual level control, newly shingled roof with ridge vent, refinished maple floors and new hot water heater. House is in excellent move in condition, comes furnished and has an excellent rental history. Current owners pay heat and utilities. Tenant responsible for phone, internet, and cable.
Last Agent to Sell the Property
Phil Hyde
Bear Island Land Co., Inc Listed on: 03/05/2018
Last Buyer's Agent
Phil Hyde
Bear Island Land Co., Inc Listed on: 03/05/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,772
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 150 x 125
- Corner Lot
Home Design
- Duplex
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Woodwork
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range<<rangeHoodToken>>
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- No Garage
- Gravel Driveway
- Shared Driveway
- Off-Street Parking
Utilities
- Boiler Heating System
- Radiant Heating System
- Heating System Uses Propane
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for internet service, cable TV
- Assessor Parcel Number 030-0380-01670
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2018
Closed on
Jul 16, 2018
Sold by
Kowal Patrick J and Kowal Debra A
Bought by
Ely 1 Llc
Seller's Agent
Phil Hyde
Bear Island Land Co., Inc
Buyer's Agent
Phil Hyde
Bear Island Land Co., Inc
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$107,600
Outstanding Balance
$93,640
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$122,983
Purchase Details
Closed on
Oct 1, 2002
Sold by
Krnichar Anne G
Bought by
Kowal Patrick J and Kowal Debra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.34%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $134,500 | Northeast Title Company | |
| Warranty Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,600 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $52,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $179,000 | +33.6% | $120 / Sq Ft |
| 07/16/2018 07/16/18 | Sold | $134,000 | -4.2% | $89 / Sq Ft |
| 06/20/2018 06/20/18 | Pending | -- | -- | -- |
| 03/05/2018 03/05/18 | For Sale | $139,900 | -- | $93 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,068 | $171,400 | $20,500 | $150,900 |
| 2022 | $2,630 | $163,300 | $19,400 | $143,900 |
| 2021 | $2,646 | $137,500 | $17,600 | $119,900 |
| 2020 | $2,406 | $123,900 | $17,600 | $106,300 |
| 2019 | $2,298 | $123,900 | $17,600 | $106,300 |
| 2018 | $1,772 | $121,100 | $17,600 | $103,500 |
| 2017 | $1,804 | $93,100 | $18,900 | $74,200 |
| 2016 | $1,856 | $89,200 | $17,200 | $72,000 |
| 2015 | $1,804 | $93,400 | $19,200 | $74,200 |
| 2014 | $1,804 | $93,400 | $19,200 | $74,200 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
-
P
Seller's Agent in 2018
Phil Hyde
Bear Island Land Co., Inc
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6033409
APN: 030038001670
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