NOT LISTED FOR SALE

119 5th St S Virginia, MN 55792

6 Beds
4 Baths
2,511 Sq Ft
6,098 Sq Ft Lot

Last Sold February 02, 2024

Last sale price $50,000 $20 Per Sq Ft

76 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Level Lot
  • Rock Ridge High School Rated 10
  • Baseboard Heating
  • 1-minute walk to Bridge View Park

About This Home

As of February 2024

4 unit apartment building (4-plex). Substantial work needed to finish property to be ready for renters. This would be a great winter project as most work required is inside. It has aluminum siding, newer roof, brand new windows, new back sidewalk, new block basement work to reinforce foundation, the brick chimney was removed, new exterior doors and new 200 amp electric panel. The two units (2 bed and 1 bed) on the main floor needs bathroom work. The two units (2 bed and 1 bed) on the second floor are completely gutted. The back yard has ample parking space for 4+ vehicles. Boiler works (currently winterized) to heat main floor apartments and basement (No radiators on 2nd floor).

Last Agent to Sell the Property

Charles Campbell

List With Freedom License #MN 40820558 Listed on: 10/26/2023

Last Buyer's Agent

Chad Watczak

Edina Realty, Inc. - Duluth

Edina Realty, Inc. - Duluth

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot

Parking

  • No Garage

Home Design

  • Quadruplex
  • Concrete Foundation
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 2,511 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 090-0030-01530

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Heading north on S 2nd Ave W from Us Highway 53, turn right onto 5th St S. Property on left.
  • L O1 Office Phone1 Number: 855-456-4945
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 2511
  • Garage Type: None
  • Heat: Baseboard, Forced Air, Hot Water
  • Reso Roof: Other
  • TotalBedrooms: 6
  • MediaType: Fourplex
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Slab
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 2511

Exterior Features

  • Exterior: Aluminum

Garage/Parking

  • Parking Driveway: Other

Utilities

  • Power Company: Virginia Public Utilities
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Virginia #706

Lot Info

  • Estimated Lot Dimensions: 50x120
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 090-0030-01530

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA/DVA
  • Tenant Expense: None

Tax Info

  • Tax Amount: 1252
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Off Market -- -- --
02/01/2025 02/01/25 For Rent -- -- --
02/02/2024 02/02/24 Sold $50,000 -23.1% $20 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $65,000 +85.7% $26 / Sq Ft
07/10/2013 07/10/13 Sold $35,000 -- $13 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
Source: Lake Superior Area REALTORS®

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 $1,988 $80,200 $5,000 $75,200
2023 $1,988 $65,400 $5,000 $60,400
2022 $1,696 $50,000 $4,400 $45,600
2021 $1,244 $53,200 $4,400 $48,800
2020 $1,208 $45,900 $4,400 $41,500
2019 $978 $45,900 $4,400 $41,500
2018 $972 $40,600 $4,000 $36,600
2017 $958 $40,600 $4,000 $36,600
2016 $870 $40,600 $4,000 $36,600
2015 $818 $40,600 $4,000 $36,600
2014 $818 $40,600 $4,000 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111236

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