NOT LISTED FOR SALE

Estimated Value: $335,000 - $396,000

5 Beds
3 Baths
2,232 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $300,000 $134 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,376/month

5 Days on Market

Highlights

  • 0.26 Acre Lot
  • Traditional Architecture
  • No HOA
  • Congdon Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2023

Calling all rental property investors! Looking for a low maintenance home in the heart of Duluth to add to your portfolio? Look no further than this charming five-bedroom, three-bathroom home! It's located within walking distance to both campuses and offers easy access to the Superior Hiking Trail and the Duluth Traverse Trail, like literally next to the yard! Inside this well cared for home you will find the bright and updated kitchen, formal dining room, and living room on the main floor. The second-floor features three generous sized bedrooms and a full bath. The third floor features another bedroom and ¾ bathroom. In the partially finished basement, there is another large bedroom and newly installed full bath. The home features hardwood floors, vinyl siding, and some of the windows have been recently updated with vinyl replacements. With the spacious rooms, 3 baths, plenty of off street parking, and proximity to Chester Bowl and colleges, it’s no surprise that this home has such great rental history. Currently leased through May 31st 2024 for $2300/month. Renters pay all utilities and are responsible for all lawn and snow maintenance. Dryer and coin operated washer also included.

Last Listed By

Alicia Lokke

Messina & Associates Real Estate Listed on: 04/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1927

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 118x228x15x170

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Built-In Oven
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Basement Window Egress

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-3720-02250

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,183

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take N 19th Ave E, Turn left onto W Kent Road, turn right onto Chester Park Drive to driveway on end. There is a sign at driveway. You can access off 19th Ave E as well but the driveway is a steep where it connects to street.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 134.41
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Balcony
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1924
  • Below Grade Finished Sq Ft: 308
  • Garage Type: None
  • Heat: Boiler, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 5
  • Year Built: 1927
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Third Floor
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Refrigerator, Wall Oven, Washer
  • Basement Features: Egress Windows, Partially Finished, Bedrooms, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Basement, 3/4 Upper, Full Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2.25 - 2.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2232
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-04-26
  • Estimated Lot Dimensions: 118x228x15x170
  • Estimated Number of Acres: 0.26
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3720-02250

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 15, 2023
Sold by
Great Lakes Rentals Llc
Bought by
Mathewson Properties Llc
Seller's Agent
Alicia Lokke
Messina & Associates Real Estate
Buyer's Agent
Casey Carbert
Edmunds Company, LLP
List Price
$300,000
Sold Price
$300,000
Total Days on Market
5
Current Estimated Value
$358,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,862
Avg. Annual Appreciation
9.47%
Original Mortgage
$248,000
Outstanding Balance
$242,287
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$116,575

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 4, 2019
Sold by
Tmw Holdinngs Llc
Bought by
Great Lakes Rentals Llc
Seller's Agent
Michael Hoffman
Michael Hoffman Realty
Buyer's Agent
Alicia Lokke
Messina & Associates Real Estate
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$162,750
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 19, 2015
Sold by
Murrin John O and Murrin Devonna
Bought by
Tmw Holdings Llc

Purchase Details

Closed on
Apr 14, 2008
Sold by
Schmaedeke Gregg W and Schmaedeke Theresa A
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
$168,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Schmaedeke Gregg W and Schmaedeke Theresa A
Bought by
Schmaedeke Gregg W and Schmaedeke Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Mathewson Properties Llc $300,000 Arrowhead Abstract & Title
Great Lakes Rentals Llc $215,000 Arrowhead Abstract & Title C
Tmw Holdings Llc $354,900 Titlesmart Inc
Tmw Holdings Llc $354,900 Multiple
Murrin John O $210,000 Arrow Abst
Schmaedeke Gregg W -- Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathewson Properties Llc $248,000
Previous Owner Great Lakes Rentals Llc $162,750
Previous Owner Murrin John O $156,100
Previous Owner Murrin John O $168,000
Previous Owner Schmaedeke Gregg W $139,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $300,000 0.0% $134 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $300,000 +39.5% $134 / Sq Ft
01/04/2019 01/04/19 Sold $215,000 0.0% $104 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $215,000 -- $104 / 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 $4,636 $303,500 $53,300 $250,200
2022 $3,926 $280,000 $50,600 $229,400
2021 $3,662 $237,600 $42,900 $194,700
2020 $4,288 $226,200 $40,900 $185,300
2019 $3,874 $257,700 $35,700 $222,000
2018 $3,508 $234,400 $32,600 $201,800
2017 $3,062 $226,900 $32,500 $194,400
2016 $3,200 $331,600 $33,300 $298,300
2015 $3,180 $206,600 $63,300 $143,300
2014 $3,180 $206,600 $63,300 $143,300
Source: Public Records

Agents Affiliated with this Home

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Source: Lake Superior Area REALTORS®

MLS Number: 6107670

APN: 010372002250