NOT LISTED FOR SALE

Estimated Value: $304,000 - $327,113

6 Beds
3 Baths
1,750 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $187,500 $107 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,017/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • East High School Rated 10
  • Den
  • Bathroom on Main Level

About This Home

As of July 2016

This 6 bedroom 3 bath student rental touches the UMD parking lot. Featuring a bath on each level and a kitchenette in the basement, there is plenty of off street parking and a huge yard with a path leading to university property. 6 bedroom multi-tenant license - leased for $2,400 plus all utilities until May 31, 2017.

Last Agent to Sell the Property

Michael Hoffman

Michael Hoffman Realty Listed on: 04/26/2016

Last Buyer's Agent

Michael Hoffman

Michael Hoffman Realty Listed on: 04/26/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1923

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 125 x 132

Home Design

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

Interior Spaces

  • Multi-Level Property
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Den
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-4290-00360

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Up East College to Right on Brainerd
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 107.14
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1250
  • Below Grade Finished Sq Ft: 500
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • Year Built: 1923
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Den/Office, Kitchen
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1344
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Upper
  • Bathroom 3 Level: Lower
  • Bathroom Description: 3/4 Basement, 3/4 Master
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1750

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Metal
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Street

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-07-15
  • Estimated Lot Dimensions: 125 x 132
  • Estimated Number of Acres: 0.38
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4290-00360

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 11, 2016
Sold by
Murrin John O and Murrin Devonna K
Bought by
Mereddy Suresh and Mereddy Sirisha
Seller's Agent
Michael Hoffman
Michael Hoffman Realty
Buyer's Agent
Michael Hoffman
Michael Hoffman Realty
List Price
$187,500
Sold Price
$187,500
Current Estimated Value
$321,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,528
Avg. Annual Appreciation
5.99%
Original Mortgage
$140,625
Outstanding Balance
$112,189
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$208,839

Purchase Details

Closed on
Sep 22, 2003
Sold by
Barclay Robert S and Barclay Tina
Bought by
Murrin John O and Murrin Devonna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Mereddy Suresh $187,500 Stewart Title
Murrin John O $130,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mereddy Suresh $140,625
Previous Owner Murrin John O $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $187,500 0.0% $107 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $187,500 -- $107 / 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 $3,776 $249,600 $66,400 $183,200
2022 $3,324 $236,700 $63,000 $173,700
2021 $3,126 $201,000 $53,500 $147,500
2020 $2,760 $192,900 $50,900 $142,000
2019 $2,454 $165,300 $51,100 $114,200
2018 $2,282 $147,900 $51,100 $96,800
2017 $2,204 $147,000 $51,100 $95,900
2016 $2,150 $142,100 $51,100 $91,000
2015 $1,830 $118,400 $47,400 $71,000
2014 $1,830 $118,400 $47,400 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021814

APN: 010429000360