NOT LISTED FOR SALE

1399 Stephen Rd Cloquet, MN 55720

Estimated Value: $277,000 - $315,000

4 Beds
2 Baths
1,902 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $220,000 $116 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,987/month

171 Days on Market

Highlights

  • 0.68 Acre Lot
  • No HOA
  • 2 Car Attached Garage
  • Churchill Elementary School Rated A-
  • Den
  • Views

About This Home

As of February 2022

Investment opportunity!! 4 Bdrm, 2 bath ranch home that is currently being used as a group home. 2 car detached garage. Large deck with a ramp. 2 lots, extra garage. The seller is in a 5 year lease with 3 1/2 years left.

Last Agent to Sell the Property

Ronald Tondryk

Coldwell Banker Realty - Duluth Listed on: 08/16/2021

Coldwell Banker Realty - Duluth

Last Buyer's Agent

Emily Davis

Coldwell Banker Realty - Duluth

Coldwell Banker Realty - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,591

Year Built

  • Built in 1960

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 150x200

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electric, lawn, snow, trash, fuel
  • Assessor Parcel Number 06-580-0680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,591

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: South on 14th St., past the freeway and first house past the college on the right.
  • L O1 Office Phone1 Number: 218-879-1211
  • List Price/ Sq Ft: 115.67
  • Taxes With Assessments: 3634
  • Tax Year: 2021
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • CondoPropertyType: Single
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1566
  • Below Grade Finished Sq Ft: 336
  • Garage Type: Attached
  • Heat: Boiler, Natural Gas
  • Parking Number Garage Spaces: 2
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Single
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Partially Finished, Den/Office
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 1566
  • Basement Style: Full
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1902

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private, Drain Field
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Cloquet #94
  • Junior High Dist: Cloquet #94

Lot Info

  • Geo Update Timestamp: 2021-08-17
  • Estimated Lot Dimensions: 150x200
  • Estimated Number of Acres: 0.68
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 06-580-0680

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Lawn, Snow, Trash, Fuel

Tax Info

  • Tax Amount: 3591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Feb 28, 2022
Sold by
Habhegger Stephen
Bought by
Michaud Westin
Seller's Agent
Ronald Tondryk
Coldwell Banker Realty - Duluth
Buyer's Agent
Emily Davis
Coldwell Banker Realty - Duluth
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%
Current Estimated Value
$297,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,901
Avg. Annual Appreciation
7.07%
Original Mortgage
$184,000
Outstanding Balance
$172,473
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$103,346

Purchase Details

Closed on
Jan 17, 2013
Sold by
Allford Investments Llc
Bought by
Habhegger Stephen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,674
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Habhegger Stephen F and Habhegger Lynn M
Bought by
Allford Investments Llc
Source: Public Records

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Range of Values:

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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
Michaud Westin $220,000 --
Habhegger Stephen F -- None Available
Allford Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Westin $184,000
Previous Owner Habhegger Stephen F $173,674
Previous Owner Allford Investments Llc $13,500
Previous Owner Habhegger Stephen F $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $220,000 -15.4% $116 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
08/16/2021 08/16/21 For Sale $259,900 -- $137 / 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
2024 $3,934 $275,700 $24,200 $251,500
2023 $3,934 $265,100 $24,200 $240,900
2022 $3,692 $265,100 $24,200 $240,900
2021 $3,634 $205,900 $20,900 $185,000
2020 $3,524 $197,600 $20,900 $176,700
2019 $3,358 $189,200 $20,900 $168,300
2018 $3,134 $183,500 $20,900 $162,600
2017 $2,782 $172,000 $20,900 $151,100
2016 $2,712 $155,300 $20,900 $134,400
2015 $2,466 $148,900 $20,900 $128,000
2014 -- $148,900 $20,900 $128,000
2013 -- $148,900 $20,900 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6099089

APN: 06-580-0680