$155,000
SOLD JUN 3, 2022

1405 N Central Ave Duluth, MN 55807

Cody Neighborhood
4 Beds
2 Baths
1,392 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

7 Days on Market

Highlights

  • Deck
  • No HOA
  • Bungalow
  • Main Floor Primary Bedroom
  • Living Room
  • Bathroom on Main Level

About This Home

As of June 2022

This home was just renovated in 2022 with the following updates: new gas service to the property with new high efficiency gas furnace; 2 new full bathrooms; refinished hardwood floors; new power-vented gas water heater; new paint throughout, new interior doors, new flooring in kitchen & bathrooms, new dishwasher. Home has 2022 appraised market value of $195,000, but is being sold $40,000 below market value to income qualified buyers. Home must be owner-occupied and buyer’s gross household annual income cannot exceed the following (household size in parenthesis): $42,750 (1); 48,850 (2); $54,950 (3); $61,050 (4); $65,950 (5); $70,850 (6).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 04/19/2022

Last Buyer's Agent

Culley Fairchild

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Land Lease of $34

Parking

  • No Garage

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-4030-01430

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,917

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: On Central Ave, just above Highland Street
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • List Price/ Sq Ft: 111.35
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1392
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 4
  • Year Built: 1919
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Basement Features: Unfinished, Walkout, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 840
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, Full Upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1392
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Metal

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: 2022-04-19
  • Estimated Lot Dimensions: 40 X 100
  • Estimated Number of Acres: 0.11
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4030-01430

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 3, 2022
Sold by
One Roof Community Housing
Bought by
Lundgren Amanda
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Culley Fairchild
RE/MAX Results
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$209,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,945
Avg. Annual Appreciation
9.12%
Original Mortgage
$149,000
Outstanding Balance
$142,968
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$61,284

Purchase Details

Closed on
Jul 21, 2014
Sold by
Gargano Timothy J and Gargano Roseann M
Bought by
Gargano Stephen E M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,901
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2013
Sold by
Gargano Stephanie M and Richison William F
Bought by
Gargano Timothy J

Purchase Details

Closed on
May 24, 2004
Sold by
Slowinski Traci E
Bought by
Northern Communities Land Trust

Purchase Details

Closed on
Aug 19, 2002
Sold by
Bankers Trust Company Of California Na
Bought by
Slowinski Traci E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,450
Interest Rate
4.75%
Mortgage Type
Construction
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 Type Sale Price Title Company
Deed $195,000 --
Quit Claim Deed $79,900 Arrowhead Abstract
Sheriffs Deed $79,901 None Available
Corporate Deed $101,500 Arrowhead Abstract & Title C
Limited Warranty Deed $59,900 Consolidated Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,000 New Conventional
Closed $12,500 New Conventional
Closed $154,575 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $19,045 Assumption
Previous Owner $21,067 Unknown
Previous Owner $79,901 New Conventional
Previous Owner $61,450 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $155,000 0.0% $111 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $155,000 +11.5% $111 / Sq Ft
04/30/2021 04/30/21 Sold $139,000 0.0% $110 / Sq Ft
03/14/2021 03/14/21 For Sale $139,000 -- $110 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
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 $1,716 $190,800 $12,900 $177,900
2022 $1,942 $172,400 $12,600 $159,800
2021 $1,826 $138,800 $10,200 $128,600
2020 $1,764 $134,300 $9,900 $124,400
2019 $2,132 $128,600 $9,400 $119,200
2018 $1,460 $117,700 $9,400 $108,300
2017 $1,440 $82,100 $4,000 $78,100
2016 $1,380 $82,100 $4,000 $78,100
2015 $1,424 $52,200 $2,600 $49,600
2014 $1,424 $52,200 $2,600 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102241

APN: 010403001430