1106 88th Ave W Duluth, MN 55808
Morgan Park Neighborhood
1
Bed
5
Baths
2,530
Sq Ft
0.6
Acres
Highlights
- 0.6 Acre Lot
- Loft
- Den
- Main Floor Primary Bedroom
- No HOA
- 1-minute walk to Morgan Park
About This Home
As of October 2024What a unique opportunity! The former historic bank building in Morgan Park has been masterfully transformed over the past 2 years into a turn key private residence. All of the interior finishings & cabinetry have been custom built or made to complete this transformation along with main floor bath to include a walk-in closet! You will love the character of the original in-tact & functioning vaults with safety deposit boxes, gates, and their new potential uses as well as original historic drinking fountain and bulletproof glass overlook from loft above. If you have ever been worried about the structure of a property in the past, there is no doubt that this is probably the best built building you could ever find to live in with walls that are at least 20" thick reinforced concrete! The property includes 4 city lots and part of that is a 17,000 sq. ft. asphalt parking lot leading to so many more possibilities in the future for the next owner. The lower level features high ceilings with additional living space, extra storage, and a surprisingly large drive in basement garage with huge workshop area. The entire property has too many updates to list in the description so the sellers have created a list to look at in the associated documents but be assured that there has been quite the attention to detail from the on-demand wall mounted hot water tank inside all the way to the finishing tuckpointing of the exterior bricks there is so much to see and appreciate...set up your showing today to see this one of a kind extraordinary property!
Last Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,460
Year Built
- Built in 1918
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 210 x 125
Home Design
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- Multi-Level Property
- Ceiling Fan
- Entryway
- Combination Dining and Living Room
- Den
- Loft
- Laundry on main level
Kitchen
- Breakfast Bar
- Kitchen Island
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 2 Car Garage
- Tuck Under Garage
- Tandem Garage
- Off-Street Parking
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 010-3300-02820
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Oct 21, 2024
Sold by
Holperin Andrew James and Jackl Jennifer Anne
Bought by
Alvarado Heather Lyn
Seller's Agent
Brian Rud
Messina & Associates Real Estate
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,801
Avg. Annual Appreciation
-4.17%
Purchase Details
Closed on
Jun 9, 2010
Sold by
Park State Bank
Bought by
Hidden Gem Properties Llc
Purchase Details
Closed on
Mar 8, 2001
Sold by
Como Oil Company
Bought by
Park Properties Llc
Similar Homes in the area
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 | $455,000 | Titlesmart | |
| Deed | $455,000 | -- | |
| Warranty Deed | $111,000 | Natl Title | |
| Warranty Deed | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2024 10/24/24 | Sold | $455,000 | -8.8% | $180 / Sq Ft |
| 09/28/2024 09/28/24 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $499,000 | -- | $197 / 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 | $2,872 | $190,900 | $29,500 | $161,400 |
| 2022 | $4,440 | $165,800 | $54,300 | $111,500 |
| 2021 | $4,338 | $165,800 | $54,300 | $111,500 |
| 2020 | $3,800 | $165,800 | $54,300 | $111,500 |
| 2019 | $3,794 | $147,600 | $29,700 | $117,900 |
| 2018 | $3,610 | $147,600 | $29,700 | $117,900 |
| 2017 | $4,298 | $147,600 | $29,700 | $117,900 |
| 2016 | $4,266 | $34,300 | $3,700 | $30,600 |
| 2015 | $4,422 | $147,600 | $29,700 | $117,900 |
| 2014 | $4,422 | $147,600 | $29,700 | $117,900 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Rud
B
Seller's Agent in 2024
Brian Rud
Messina & Associates Real Estate
(218) 340-5412
1 in this area
204 Total Sales
-
N
Buyer's Agent in 2024
Nonmember NONMEMBER
Nonmember Office
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6115801
APN: 010330002820
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