NOT LISTED FOR SALE

1505 Torgeson Rd Duluth, MN 55804

Estimated Value: $211,000 - $475,000

280 Acres
$1,246 Price per Acre
12,196,800 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $599,000 $1,297 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $1,970/month

Highlights

  • 1,000 Feet of Waterfront
  • 280 Acre Lot
  • Storage Shed
  • Guest House
  • Landscaped with Trees

About This Lot

As of March 2013

Spectacular view of Lake /superior. Did have a well and cabin on the property. Nice driveway coming up to cabin. Input for Comparable purposes only.

Last Agent to Sell the Property

Sue Bott

RE/MAX Prodigy Listed on: 03/29/2013

Last Buyer's Agent

Sue Bott

RE/MAX Prodigy Listed on: 03/29/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,141

Lot Details

  • 280 Acre Lot
  • Lot Dimensions are 5280x3960
  • 1,000 Feet of Waterfront
  • Landscaped with Trees

Parking

  • Gravel Driveway

Utilities

  • Propane
  • Private Company Owned Well
  • Phone Available

Additional Features

  • Storage Shed
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 315-0020-01840/01780/0183

Property Details

Property Type

Land

Est. Annual Taxes

$4,141

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • Amenities Exterior: Driveway - Gravel
  • Parcel Number: 315-0020-01840/01780/0183
  • Estimated Number of Acres: 280
  • Additional Information: Abstract
  • Development Status: Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Knife River
  • Out Buildings: Storage Shed, Guesthouse
  • Waterfront: Yes
  • Water Frontage: 1000

Utilities

  • Available Utilities: Electric, Private Well, Telephone, Propane
  • On Site Utilities: Private Well

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 5280x3960

Tax Info

  • Year: 2012
  • Tax Value: 4141

MLS Schools

  • School District: Lake Superior #381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Mar 29, 2013
Sold by
Larson Esther Louise
Bought by
Billman Daniel O and Billman Patricia M
Seller's Agent
Sue Bott
RE/MAX Prodigy
Buyer's Agent
Sue Bott
RE/MAX Prodigy
List Price
$699,000
Sold Price
$599,000
Premium/Discount to List
-$100,000
-14.31%
Current Estimated Value
$348,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,195
Avg. Annual Appreciation
-4.12%
Original Mortgage
$300,000
Interest Rate
3.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Billman Daniel O $599,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Billman Daniel O $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $599,000 -14.3% $1,297 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $699,000 -- $1,513 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,888 $287,500 $239,700 $47,800
2023 $1,888 $239,300 $211,500 $27,800
2022 $2,754 $229,900 $202,100 $27,800
2021 $2,564 $341,200 $310,900 $30,300
2020 $2,716 $326,500 $297,700 $28,800
2019 $2,512 $326,500 $297,700 $28,800
2018 $2,536 $310,400 $284,600 $25,800
2017 $2,724 $310,400 $284,600 $25,800
2016 $2,416 $358,700 $340,100 $18,600
2014 $2,499 $318,700 $304,500 $14,200
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4476255

REALTOR® Association of Southern Minnesota

APN: 315002001840