NOT LISTED FOR SALE

Estimated Value: $91,173 - $271,000

6 Beds
2 Baths
1,080 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $171,000 $158 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,091/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Forced Air Heating System
  • Porch

About This Home

As of May 2022

Wonderful investment opportunity! Fully leased until August 2022! Total rents are $1,830! Vinyl siding, units remodel since purchasing, front deck fully redone! In 2021 a new stack put in basement. In upper unit, the furnace fully serviced, new living room carpet, flooring in kitchen. Property licensed for 6 bedrooms! Nice sized rooms!

Last Agent to Sell the Property

Reisa Varin

RE/MAX Results Listed on: 03/27/2022

Last Buyer's Agent

Darren Hansey

Edmunds Company, LLP License #MN 20011730

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for trash, fuel
  • Assessor Parcel Number 010-4500-01940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,593

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Grand Ave to south on 59th Ave W. Across the street from Raleigh Charter School.
  • L O1 Office Phone1 Number: 218-722-2810
  • Taxes With Assessments: 2618
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Amenities Exterior: Porch
  • Appliances 1: Dishwasher, Range/Stove, Refrigerator
  • Appliances 2: Dishwasher, Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1080
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Oil
  • Laundry: Separate Room
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • MediaType: Duplex
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1080

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 25 x 125
  • Estimated Number of Acres: 0.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4500-01940

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Trash, Fuel

Tax Info

  • Tax Amount: 2593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2014
Sold by
Telega Thomas J and Telega Shawna L
Bought by
Sjodin Adam J
Current Estimated Value
$202,724
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sjodin Adam J $28,000 West Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2022 05/02/22 Sold $171,000 +0.6% $158 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $170,000 +325.0% $157 / Sq Ft
05/18/2012 05/18/12 Sold $40,000 -23.8% $20 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $52,500 -- $26 / Sq Ft
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 $432 $44,500 $40,200 $4,300
2023 $432 $40,700 $36,400 $4,300
2022 $398 $38,100 $34,500 $3,600
2021 $388 $32,800 $31,500 $1,300
2020 $396 $32,200 $30,900 $1,300
2019 $386 $32,200 $30,900 $1,300
2018 $398 $32,100 $30,900 $1,200
2017 $514 $32,100 $30,900 $1,200
2016 $492 $42,800 $40,900 $1,900
2015 $485 $41,800 $40,000 $1,800
2014 $485 $41,800 $40,000 $1,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101853

APN: 280001500680

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