NOT LISTED FOR SALE

Estimated Value: $171,000 - $210,000

3 Beds
1 Bath
1,098 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $123,500 $112 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,210/month

24 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Formal Dining Room
  • Living Room

About This Home

As of March 2020

This home was just updated with new kitchen including all new appliances, new bathroom, new flooring in kitchen & bath, refinished hardwood floors in bedrooms, new carpeting on stairs & hallway; new exterior & interior doors, new front windows, new high efficiency gas furnace, new power vented gas water heater, new roof. Home has appraised value of $150,000, but is being sold $26,500 below market value to income qualified buyers. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $40,550 (1); 46,350 (2); $52,150 (3); $57,900 (4); $62,550 (5); $67,200 (6). Purchase with as little as $1500 out of pocket. Additional $8500 in down payment assistance available which could reduce mortgage amount to $115,000.

Last Listed By

Jim Philbin

1 Roof Community Housing Listed on: 01/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1893

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 25 x 140
  • Elevated Lot
  • Land Lease of $34

Home Design

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

Interior Spaces

  • 1,098 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-3850-06590

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,617

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take 11th Ave E to 8th Street, turn right.
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • List Price/ Sq Ft: 112.48
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1098
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1893
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Pantry
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1098
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Curb/Gutters
  • Construction Status: Previously Owned
  • Exterior: Metal

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-01-03
  • Estimated Lot Dimensions: 25 x 140
  • Estimated Number of Acres: 0.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 010-3850-06590

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1616.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 12, 2020
Bought by
Johnson Loretta Loretta
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Jim Philbin
1 Roof Community Housing
List Price
$123,500
Sold Price
$123,500
Total Days on Market
24
Current Estimated Value
$186,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,873
Avg. Annual Appreciation
7.18%
Original Mortgage
$119,900
Outstanding Balance
$108,713
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$68,170

Purchase Details

Closed on
Jul 29, 2019
Sold by
Minnesota Housing Finance Agency
Bought by
One Roof Community Housing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,242
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 15, 2018
Sold by
Larcher Ayers Jesse and Larcher Ayers Amanda N
Bought by
Minnesota Housing Finance Agency

Purchase Details

Closed on
Sep 16, 2002
Sold by
Mullen Patrick K and Mullen Rebecca A
Bought by
Northern Communities Land Trust

Purchase Details

Closed on
Aug 1, 2001
Sold by
Buck Jacqueline Griffiths and Griffiths Violet W
Bought by
Mullen Patrick K and Mullen Rebecca A

Purchase Details

Closed on
Jul 25, 2001
Sold by
Griffiths Joseph H and Griffiths Violet Williams
Bought by
Griffiths Violet Williams

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
Johnson Loretta Loretta $150,000 --
One Roof Community Housing $73,500 Arrowhead Abstract & Ttl Co
Minnesota Housing Finance Agency $70,145 None Available
Northern Communities Land Trust $58,000 Arrowhead Abstract & Title C
Mullen Patrick K $50,500 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Loretta C $119,900
Closed Johnson Loretta C $8,000
Closed Johnson Loretta Loretta $150,000
Closed Johnson Loretta Loretta --
Previous Owner One Roof Community Housing $76,242
Previous Owner Larcher Ayers Jesse $68,800
Previous Owner Larcher Ayers Jesse $30,000
Previous Owner Larcher Ayers Jesse $15,000
Previous Owner Larcher Ayers Jesse $2,000
Previous Owner Hanson Joanna L $73,000
Previous Owner Hanson Joanna L $2,800
Previous Owner Hanson Joanna L $2,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $123,500 0.0% $112 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $123,500 -- $112 / 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
2023 $2,122 $134,700 $14,800 $119,900
2022 $1,860 $127,500 $14,000 $113,500
2021 $1,822 $111,800 $14,100 $97,700
2020 $1,794 $111,800 $14,100 $97,700
2019 $2,442 $106,900 $13,400 $93,500
2018 $1,450 $98,500 $13,400 $85,100
2017 $1,588 $92,800 $13,000 $79,800
2016 $1,550 $88,600 $14,700 $73,900
2015 $1,577 $101,900 $27,000 $74,900
2014 $1,577 $101,900 $27,000 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6087787

APN: 010385006590