$388,000
SOLD DEC 18, 2024
4 Beds
4 Baths
2,551 Sq Ft
0.31 Acres

Recently Sold

$152 Per Sq Ft

14% Below List Price

259 Days on Market

About This Home

As of December 2024

Opportunity is Calling! Beautiful Tri-Plex overlooking Chester Creek is centrally located in Duluth with access to Downtown, Colleges, Restaurants, Canal Park and Lakewalk, Hospitals, and on the bus line. This well maintained property has been updated with plumbing and electric, new kitchen and bathrooms and freshly painted throughout. Building has been tastefully restored allowing for new ownership to enjoy solid investment potential!

Last Agent to Sell the Property

Kelly Emanuel

Adolphson Real Estate, Inc Listed on: 03/08/2024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 100x140
  • Home fronts a creek
  • Cleared Lot

Home Design

  • Triplex

Interior Spaces

  • 2,551 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Boiler Heating System

Community Details

  • 3 Units
  • Endion Div Of Duluth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010148006530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,720

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 2551
  • Water Body Name: Chester Creek
  • Water Sewer Expenses: 1487
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 28x32
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Storage Space, Unfinished
  • Living Area: 2551
  • Basement YN: Yes
  • Appliances: Dishwasher,Energy Star Appliances,Microwave,Range,Stainless Steel Appliances
  • Number Of Fireplaces: 1
  • Total Rooms: 8
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Driveway - Other Surface

Utilities

  • Heating: Boiler, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Duluth
  • SchoolDistrictNumber: 709
  • SchoolDistrictPhone: 218-336-8700

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: 100x140
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Cleared
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 010148006530
  • Tax Annual Amount: 3720
  • TaxWithAssessments: 3720.0000

Multi Family

  • ElectricExpense: 3257
  • FuelExpense: 2287
  • WaterfrontFeatures: Creek/Stream
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Dec 18, 2024
Sold by
American Indian Community Housing Organi
Bought by
Jamison Shawn
Seller's Agent
Kelly Emanuel
Adolphson Real Estate, Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$450,000
Sold Price
$388,000
Premium/Discount to List
-$62,000
-13.78%
Views
338
Current Estimated Value
$417,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,833
Avg. Annual Appreciation
9.70%
Original Mortgage
$368,600
Outstanding Balance
$365,701
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$52,132

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 23, 2022
Sold by
Jordan Mary Hunner and Robinson Mary
Bought by
American Indian Community Housing Organizatio
Seller's Agent
Tom Little
RE/MAX Results
Buyer's Agent
Tricia Kroening
RE/MAX Results
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.98%
Original Mortgage
$340,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $388,000 Title Team
Warranty Deed $388,000 Title Team
Warranty Deed $425,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,600 New Conventional
Closed $368,600 New Conventional
Previous Owner $340,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Sold $388,000 +0.8% $152 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
10/19/2024 10/19/24 Price Changed $385,000 -8.3% $151 / Sq Ft
07/18/2024 07/18/24 Price Changed $420,000 -6.7% $165 / Sq Ft
03/11/2024 03/11/24 For Sale $450,000 +16.0% $176 / Sq Ft
03/10/2024 03/10/24 Off Market $388,000 -- --
03/10/2024 03/10/24 For Sale $450,000 +5.9% $176 / Sq Ft
09/23/2022 09/23/22 Sold $425,000 +6.3% $169 / Sq Ft View Prior Sale
08/13/2022 08/13/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $399,900 -- $159 / Sq Ft
Source: NorthstarMLS

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 $5,512 $237,200 $38,300 $198,900
2022 $3,720 $202,100 $13,800 $188,300
2021 $3,326 $168,200 $10,000 $158,200
2020 $4,162 $168,200 $10,000 $158,200
2019 $3,846 $204,800 $13,600 $191,200
2018 $3,092 $190,600 $13,600 $177,000
2017 $3,262 $162,700 $11,800 $150,900
2016 $3,174 $275,000 $35,000 $240,000
2015 $3,243 $172,200 $9,700 $162,500
2014 $3,243 $172,200 $9,700 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6501260

NorthstarMLS

APN: 010148006530