NOT LISTED FOR SALE

1221 E 5th St Duluth, MN 55805

East Hillside Neighborhood

Estimated Value: $247,000 - $308,039

4 Beds
2 Baths
2,582 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $179,500 $70 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,734/month

2 Days on Market

Highlights

  • Panoramic View
  • Den
  • Porch
  • East High School Rated 10
  • Lower Floor Utility Room
  • Woodwork

About This Home

As of July 2019

This home was converted to an upper/lower duplex sometime around the 1930’s to 1940’s. Both units are move in ready! The home was built in 1911 and boasts a large front grass yard on a 50x140 lot. The lower unit has been owner occupied for the past 30 years and does not have a rental license. The upper unit is licensed through 09/01/2019. The large rooms and tall ceilings make this property very spacious. Natural woodwork throughout lower level. This duplex has separate electrical meters. Basement is plumbed for bath. One furnace heats both units.

Last Agent to Sell the Property

Wade Freeman

RE/MAX Results Listed on: 05/17/2019

RE/MAX Results

Last Buyer's Agent

Lindi Carlson

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1911

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot

Property Views

  • Lake
  • Panoramic
  • City Lights

Home Design

  • Duplex
  • Plaster Walls
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Paneling
  • Den
  • Lower Floor Utility Room
  • Tile Flooring

Kitchen

  • Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Recreation or Family Area in Basement
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • Assessor Parcel Number 010-3830-19420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,447

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Up 11th Ave E from 4th St to right on 5th St to home on upper side.
  • L O1 Office Phone1 Number: 218-722-2810
  • Taxes With Assessments: 2472
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior, Panoramic, City Lights
  • Lot Description Waterfront: No
  • Amenities Exterior: Porch, Gutter/Downspout
  • Appliances 1: Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2303
  • Below Grade Finished Sq Ft: 279
  • Garage Type: None
  • Heat: Boiler, Radiant, Oil
  • Laundry: Separate Room
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Partially Finished, Walkout, Single Tenant Access, Storage, Den/Office, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2582

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk, Storm Sewer, Street Lights
  • Exterior: Vinyl, Asphalt

Garage/Parking

  • Parking Driveway: Street

Utilities

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

Association/Amenities

  • AmenitiesOtherAmenities1: Natural Woodwork, Washer/Dryer Hookups, Paneled Walls, Plaster Walls, Drywalls
  • Association Fees Include:Amenities2: Tiled Floors, Drywalls

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 010-3830-19420

Rental Info

  • Lease Terms: Cash, Conventional, FHA
  • Tenant Expense: Cable TV, Electric

Tax Info

  • Tax Amount: 2447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 9, 2019
Sold by
Daugaard Janelle
Bought by
Ponemo Llc
Seller's Agent
Wade Freeman
RE/MAX Results
Buyer's Agent
Lindi Carlson
National Realty Guild
List Price
$184,900
Sold Price
$179,500
Premium/Discount to List
-$5,400
-2.92%
Current Estimated Value
$277,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,510
Avg. Annual Appreciation
6.94%
Original Mortgage
$134,625
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ponemo Llc $179,500 St Louis County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ponemo Llc $134,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $179,500 -2.9% $70 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $184,900 -- $72 / 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
2024 $3,398 $247,000 $24,900 $222,100
2023 $3,398 $222,600 $29,700 $192,900
2022 $3,050 $210,700 $28,000 $182,700
2021 $2,916 $184,200 $28,000 $156,200
2020 $2,690 $179,800 $27,400 $152,400
2019 $2,472 $179,800 $27,400 $152,400
2018 $1,898 $168,500 $27,400 $141,100
2017 $2,184 $144,100 $23,800 $120,300
2016 $2,134 $117,200 $18,100 $99,100
2015 $2,175 $138,500 $23,700 $114,800
2014 $2,175 $138,500 $23,700 $114,800
Source: Public Records

Agents Affiliated with this Home

  • Wade Freeman

    Seller's Agent in 2019

    Wade Freeman

    RE/MAX

    (218) 343-0280

    1 in this area

    8 Total Sales

    Wade Freeman
    Section Image

  • L

    Buyer's Agent in 2019

    Lindi Carlson

    National Realty Guild

    (218) 940-6353

    2 in this area

    46 Total Sales

    Lindi Carlson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6082983

APN: 010383019420

Minnesota St Louis County Duluth 55805 East Hillside

1221 E 5th St, Duluth, MN

Not Listed for Sale

MultiFamily

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