NOT LISTED FOR SALE

Estimated Value: $248,000 - $317,000

5 Beds
2 Baths
780 Sq Ft
$347/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $153,000 $196 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,776/month

68 Days on Market

Highlights

  • Views
  • Forced Air Heating System
  • Coin Laundry

About This Home

As of January 2012

This 5-bedroom, 2-bath home is fully licensed, in good condition, and positively ADJACENT to UMD's campus! There's plenty of off-street parking, too. With a rock-solid rental history you'll be building equity with your first mortgage payment. Call anytime for a tour of this excellent investment property.

Last Listed By

Sheryl Homan

Edina Realty, Inc. - Duluth Listed on: 09/30/2011

Edina Realty, Inc. - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1932

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Property Views

Community Details

  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electric, fuel, water
  • Assessor Parcel Number 010-4290-00432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: College St. to Brainerd Ave.
  • L O1 Office Phone1 Number: 218-728-7700
  • Tax Year: 2011
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Frame/Wood
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Laundry: Coin Operated Owned
  • TotalBedrooms: 5
  • MediaType: Multi-Family
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 780
  • Basement Style: Full
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2012-01-16
  • Estimated Lot Dimensions: 50x132
  • Estimated Number of Acres: 0.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4290-00432

Rental Info

  • Tenant Expense: Electric, Fuel, Water

Tax Info

  • Tax Amount: 1239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Northrup Jerome and Northrup Beth
Bought by
Zcp 2 Llc
Total Days on Market
68
Current Estimated Value
$270,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$185,686
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$74,884

Purchase Details

Listed on
Sep 30, 2011
Closed on
Jan 13, 2012
Sold by
Baker Douglas D and Baker Kathleen R
Bought by
Northrup Jerome P and Northrup Beth A
Seller's Agent
Sheryl Homan
Edina Realty, Inc. - Duluth
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$169,900
Sold Price
$153,000
Premium/Discount to List
-$16,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Range of Values:

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Average Value
Not Available
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
Zcp 2 Llc $250,000 Arrowhead Abstract & Title
Northrup Jerome P $153,000 Arrowhead A&T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zcp 2 Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $153,000 -9.9% $196 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
09/30/2011 09/30/11 For Sale $169,900 -- $218 / 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 $3,326 $217,500 $40,400 $177,100
2022 $2,902 $206,300 $38,300 $168,000
2021 $2,706 $175,200 $32,600 $142,600
2020 $2,760 $166,700 $31,000 $135,700
2019 $2,404 $165,300 $31,300 $134,000
2018 $2,232 $144,900 $31,300 $113,600
2017 $2,144 $143,800 $31,300 $112,500
2016 $2,090 $138,100 $31,300 $106,800
2015 $2,076 $134,500 $33,100 $101,400
2014 $2,076 $134,500 $33,100 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 160614

APN: 010429000432