NOT LISTED FOR SALE

131 S 56th Ave W Duluth, MN 55807

Irving Neighborhood

Estimated Value: $164,000 - $197,000

3 Beds
2 Baths
1,384 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2024

Last sale price $151,500 $109 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,112 / mo

18 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 4-minute walk to Irving Park
  • No HOA

About This Home

As of May 2024

Up/down duplex with off street parking. Units were both remodeled about 5 years ago. Wiring and plumbing were updated at that time as well. Lower unit is currently leased through September, upper unit is newly vacant. Basement is separated, each unit has locked storage space with washer and dryer. Electric panels are separated, and tenants pay all utilities per the lease. There is a garden shed on the property as well. Add this to your portfolio, or owner occupy it yourself!

Last Agent to Sell the Property

Leah Borgren

RE/MAX Results Listed on: 04/01/2024

RE/MAX Results

Last Buyer's Agent

Emily Davis

Coldwell Banker Realty - Duluth

Coldwell Banker Realty - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1891

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 1,384 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, sewer, trash, water
  • Assessor Parcel Number 010-4470-08990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,847

Year Built

Built in 1891

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Corner of 56th Ave W and Raleigh.
  • L O1 Office Phone1 Number: 218-722-2810
  • Taxes With Assessments: 1872
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1384
  • Garage Type: None
  • Heat: Baseboard, Electric
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 3
  • MediaType: Duplex
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished, Storage, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1384

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel

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: irreg
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-4470-08990

Rental Info

  • Tenant Expense: Electric, Sewer, Trash, Water

Tax Info

  • Tax Amount: 1847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 31, 2024
Sold by
Landsem Lars and Landsem Kendra
Bought by
Manion Daniel William
Seller's Agent
Leah Borgren
RE/MAX Results
Buyer's Agent
Emily Davis
Coldwell Banker Realty - Duluth
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%
Views
5
Current Estimated Value
$178,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,965
Avg. Annual Appreciation
9.10%
Original Mortgage
$113,625
Outstanding Balance
$112,118
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$66,347

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 31, 2019
Sold by
Jnk Properties Llc
Bought by
Landsem Lars
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Leah Borgren
RE/MAX Results
List Price
$13,900
Sold Price
$29,000
Premium/Discount to List
$15,100
108.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.37%

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 30, 2019
Sold by
Secretary Of Veterans Affairs
Bought by
Jnk Properties Llc
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Leah Borgren
RE/MAX Results
List Price
$13,900
Sold Price
$29,000
Premium/Discount to List
$15,100
108.63%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Freedom Mortgage Corp
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 23, 2015
Sold by
Opack John
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Jul 2, 2008
Sold by
Opack Dorothy T
Bought by
Opack John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Interest Rate
6.1%
Mortgage Type
VA
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
Manion Daniel William $151,500 Title Team
Landsem Lars $29,000 None Available
Jnk Properties Llc $29,000 None Available
Secretary Of Veterans Affairs -- None Available
Freedom Mortgage Corporation $58,835 None Available
Opack John $90,000 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manion Daniel William $113,625
Previous Owner Opack John $91,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $151,500 +1.0% $109 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $150,000 +417.2% $108 / Sq Ft
01/31/2019 01/31/19 Sold $29,000 +108.6% $19 / Sq Ft View Prior Sale
11/20/2018 11/20/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $13,900 -- $9 / 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 $2,070 $139,800 $16,100 $123,700
2023 $1,936 $131,100 $13,600 $117,500
2022 $1,872 $113,600 $17,300 $96,300
2021 $1,402 $92,000 $14,000 $78,000
2020 $1,822 $85,600 $13,100 $72,500
2019 $2,398 $108,600 $12,400 $96,200
2018 $1,730 $108,600 $12,400 $96,200
2017 $1,728 $111,000 $14,400 $96,600
2016 $1,686 $111,000 $14,400 $96,600
2015 $1,717 $111,000 $14,400 $96,600
2014 $1,717 $111,000 $14,400 $96,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Leah Borgren

    RE/MAX

    (218) 310-9646

    2 in this area

    81 Total Sales

    Leah Borgren
    Section Image
  • Emily Davis

    Buyer's Agent in 2024

    Emily Davis

    Coldwell Banker Realty - Duluth

    (218) 409-4919

    1 in this area

    77 Total Sales

    Emily Davis
    Section Image
  • Michelle Lyons

    Seller's Agent in 2019

    Michelle Lyons

    Port Cities Realty, LLC

    (218) 348-6143

    1 in this area

    111 Total Sales

    Michelle Lyons
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112885

APN: 010447008990

Minnesota St Louis County Duluth 55807 Irving

131 S 56th Ave W, Duluth, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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