NOT LISTED FOR SALE

Estimated Value: $704,265 - $989,000

3.1 Acres
$263,039 Price per Acre
135,036 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $68,000

Est. 1,099% increase in value since last sale

Current estimated payment $5,393/month

28 Days on Market

Highlights

  • Panoramic View
  • 3.1 Acre Lot
  • Lot Has A Rolling Slope
  • Lester Park Elementary School Rated A-
  • Landscaped with Trees

About This Lot

As of September 2018

This very well may be the very last of the parcels in this development with a view of the lake, according to where you place your home. Beautiful land, close to Duluth but far enough away you will feel as if you are escaping the busy life every time you pull off the Highway. Extraordinary opportunity. Recent Buyers acquired small strip as well as the whole lot. Their plans drastically changed, giving you this amazing opportunity to purchase what could very well be the best buildable lot in the development. HOA fees vary according to what is voted on and shared with other lot owners.

Last Agent to Sell the Property

Beth Wentzlaff

CMRA, LLC Listed on: 08/08/2018

Last Buyer's Agent

Beth Wentzlaff

CMRA, LLC Listed on: 08/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,697

Lot Details

  • 3.1 Acre Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

HOA Fees

  • $71 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Valley

Community Details

  • Planned Unit Development

Property Details

Property Type

Land

Est. Annual Taxes

$1,697

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: LOT/LAND
  • Directions: Highway 61 North to Eastridge Blvd, turn left, then turn right on Montauk Ln. The property is the first parcel after the last completely built house at 131 Montauk Ln. there are stakes.
  • L O1 Office Phone1 Number: 218-727-0064
  • Renewal Options: Sell Entirely
  • Planned Unit Development: Yes
  • New Development Plat Recorded: Yes
  • List Price/ Sq Ft: 21935.48
  • Road Maintenance: Association
  • Property Sub-Type: Residential
  • Tax Year: 2018
  • View Type:Pond View: Lake Superior, Valley, Panoramic
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, City

Utilities

  • Available Utilities: City Water, Electric
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 857

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-08-10
  • Estimated Lot Dimensions: 324.8 x 433.5+
  • Estimated Number of Acres: 3.1
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Match Code: 3
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Irregular Lot, Tree Coverage - Medium, Rolling

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 25, 2018
Sold by
Kryston Michael and Kryston Teresa
Bought by
Lackore Daniel J and Lackore Lonyll C
Seller's Agent
Beth Wentzlaff
CMRA, LLC
Buyer's Agent
Beth Wentzlaff
CMRA, LLC
List Price
$68,000
Sold Price
$68,000
Current Estimated Value
$815,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,422
Avg. Annual Appreciation
40.99%
Original Mortgage
$61,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2017
Sold by
Alerus Financial
Bought by
Kryston Michael and Kryston Teresa

Purchase Details

Closed on
Jan 20, 2014
Sold by
White Pine Development Inc
Bought by
Beacon Bank
Source: Public Records

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
Lackore Daniel J $68,000 Pioneer Abstract & Title Of
Kryston Michael $55,000 North Shore Title Llc
Beacon Bank $1,491,147 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lackore Daniel $220,000
Closed Lackore Daniel J $316,000
Closed Lackore Daniel J $285,722
Closed Lackore Daniel J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $68,000 0.0% --
09/05/2018 09/05/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $68,000 -- --
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 $10,650 $535,900 $47,500 $488,400
2022 $7,806 $527,900 $47,500 $480,400
2021 $3,904 $467,000 $42,400 $424,600
2020 $856 $164,700 $42,400 $122,300
2019 $1,102 $42,400 $42,400 $0
2018 $3,394 $55,000 $55,000 $0
2017 $2,158 $114,800 $114,800 $0
2016 $2,098 $466,200 $41,200 $425,000
2015 $1,797 $111,600 $111,600 $0
2014 $1,797 $96,000 $96,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6077759

APN: 010138500100