NOT LISTED FOR SALE

1109 S Lake Ave Duluth, MN 55802

Park Point Neighborhood

Estimated Value: $464,000 - $578,031

4 Beds
3 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 18, 2017

Last sale price $235,000

Est. 115% increase in value since last sale

Current estimated payment $3,164/month

52 Days on Market

Highlights

  • Lake View
  • Balcony
  • Forced Air Heating System
  • Deck
  • Porch
  • 2-minute walk to Franklin Tot Lot

About This Home

As of July 2017

Rare Park Point Triplex close to Marina. Don't miss this well maintained triplex with many updates. The lower unit has 2 bedrooms, living room, dining room and access to the basement, there is an enclosed back porch that leads to a nice large deck, that has storage under it. Unit 2 is on the second floor and has one bedroom with a deck off the bedroom that has a view of Lake Superior, living room, kitchen and full bath. Unit 3 is a one bedroom unit on the second floor, kitchen, full bath with a large deck off of the living room. Units 2 & 3 access the basement and coin laundry by walkout. Total Revenue $26,640 Expenses electricity $1,459, water/gas/sewer $2,423, garbage $382

Last Agent to Sell the Property

Ron Hanger

RE/MAX Results Listed on: 04/21/2017

Last Buyer's Agent

Jordan Decaro

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,595

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 80x100

Home Design

  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for cable TV, lawn, snow
  • Assessor Parcel Number 010-4380-02030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,595

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Cross Lift Bridge from Canal Park to Park Point to Property
  • L O1 Office Phone1 Number: 218-722-2810
  • Taxes With Assessments: 4620
  • Tax Year: 2017
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Amenities Exterior: Balcony, Deck, Porch
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Frame/Wood
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Laundry: Coin Operated Owned
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Other
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances 3: Range/Stove, Refrigerator
  • Basement Features: Walkout
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 1092
  • Basement Style: Partial, Posts
  • Stories: 2 Story
  • Total Bathrooms: 3

Exterior Features

  • Road Frontage: City, Curb/Gutters, Sidewalk
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2017-07-18
  • Estimated Lot Dimensions: 80x100
  • Estimated Number of Acres: 0.19
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4380-02030

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Cable TV, Lawn, Snow

Tax Info

  • Tax Amount: 4595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 18, 2017
Sold by
Sola Dale and Sola Elizabeth
Bought by
Matko Jonathan and Matko Amanda Bateson
Seller's Agent
Ron Hanger
RE/MAX Results
Buyer's Agent
Jordan Decaro
RE/MAX Results
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
$505,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,258
Avg. Annual Appreciation
10.21%
Original Mortgage
$188,000
Outstanding Balance
$159,267
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$362,198

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 7, 2017
Sold by
Tucker M Samuelle
Bought by
Sola Rand J and Sola Elizabeth
Seller's Agent
Ron Hanger
RE/MAX Results
Buyer's Agent
Jordan Decaro
RE/MAX Results
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$159,267
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$362,198

Purchase Details

Closed on
May 31, 2001
Sold by
Sola Rand J and Sola Dale
Bought by
Sola Rand J and Sola Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Matko Jonathan $235,000 None Available
Sola Rand J -- None Available
Sola Rand J -- Scenic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matko Jonathan $188,000
Previous Owner Sola Rand J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2017 07/18/17 Sold $235,000 -4.1% --
06/12/2017 06/12/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $245,000 -- --
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
2023 $5,818 $337,000 $84,200 $252,800
2022 $4,780 $286,200 $71,200 $215,000
2021 $4,718 $238,000 $59,300 $178,700
2020 $4,600 $239,100 $59,300 $179,800
2019 $4,422 $226,500 $66,700 $159,800
2018 $4,434 $219,400 $66,700 $152,700
2017 $4,620 $234,000 $74,200 $159,800
2016 $4,494 $244,500 $74,200 $170,300
2015 $3,124 $201,100 $43,900 $157,200
2014 $3,124 $201,100 $43,900 $157,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ron Hanger

    RE/MAX

    (218) 349-4040

    1 in this area

    115 Total Sales

    Ron Hanger
    Section Image

  • J

    Buyer's Agent in 2017

    Jordan Decaro

    RE/MAX

    (218) 722-2810

    277 Total Sales

    Jordan Decaro
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6028300

APN: 010438002030

Minnesota St Louis County Duluth 55802 Park Point

1109 S Lake Ave, Duluth, MN

This home is located at 1109 S Lake Ave, Duluth, MN 55802 since 21 April 2017 and is currently estimated at $505,258. This property was built in 1910. 1109 S Lake Ave is a home located in St. Louis County with nearby schools including Myers-Wilkins Elementary, Lincoln Park Middle School, and Denfeld High School.

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