NOT LISTED FOR SALE

125 1st St Duluth, MN 55810

Estimated Value: $165,000 - $231,819

3 Beds
1.5 Baths
1,220 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $147,000 $120 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,374/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Proctor Senior High School Rated 9+
  • No HOA
  • 1 Car Detached Garage

About This Home

As of May 2024

This home was just updated in 2023-2024 with highlights including new siding on house & garage, new roof on house & garage, new 2nd floor bathroom, new water heater, new furnace, new windows throughout, new paint & carpeting upstairs. Home has an appraised market value (excluding the land) of $205,000, but is being sold $65,000 below market value to income qualified buyers. Additional down payment assistance of up to $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $125,000. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 02/29/2024

Last Buyer's Agent

Kyle Conley

Elite Realty MN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x142
  • Elevated Lot
  • Land Lease of $36

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Entryway
  • Living Room
  • Formal Dining Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Insulated Garage
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 185-0040-00200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 1910

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Boundary Ave to 1st St
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 36
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Dryer Hook-Ups, Washer Hook-Ups
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1220
  • Garage Type: Detached
  • Heat: Baseboard, Forced Air, Natural Gas, Electric
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1910
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Unfinished, Walkout, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 1/2 Main Floor, Full Upper
  • Formal Dining: Combine with Kitchen, Formal Dining Room
  • Extra Rooms: Entry
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bathroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1220
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Insulation, Slab
  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 18 x 26

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 45x142
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 185-0040-00200

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 6, 2024
Sold by
One Roof Community Housing A Minnesota
Bought by
Anderson Addison
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Kyle Conley
Elite Realty MN
List Price
$140,000
Sold Price
$147,000
Premium/Discount to List
$7,000
5%
Views
8
Current Estimated Value
$208,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,955
Avg. Annual Appreciation
20.33%
Original Mortgage
$147,000
Outstanding Balance
$144,663
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$64,292
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Addison $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Addison $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $147,000 +5.0% $120 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $140,000 -30.3% $115 / Sq Ft
08/07/2023 08/07/23 Sold $201,000 0.0% $152 / Sq Ft View Prior Sale
05/31/2023 05/31/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $201,000 -- $152 / 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 $3,098 $219,500 $14,000 $205,500
2023 $3,098 $141,000 $10,600 $130,400
2022 $1,774 $125,800 $10,600 $115,200
2021 $1,546 $118,500 $9,800 $108,700
2020 $1,430 $116,000 $9,600 $106,400
2019 $1,570 $108,400 $9,600 $98,800
2018 $1,602 $117,400 $26,300 $91,100
2017 $1,456 $117,400 $26,300 $91,100
2016 $1,348 $111,700 $26,300 $85,400
2015 $1,077 $78,700 $18,400 $60,300
2014 $1,077 $70,500 $17,600 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112444

APN: 185004000200

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