NOT LISTED FOR SALE

1606 Cloquet Ave Cloquet, MN 55720

Estimated Value: $410,867

2 Beds
1 Bath
2,150 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $235,000 $109 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,161/month

27 Days on Market

Highlights

  • No HOA
  • Den
  • Wheelchair Access
  • Churchill Elementary School Rated A-
  • Living Room
  • Bathroom on Main Level

About This Home

As of October 2017

This is a unique opportunity! This modern mixed use building has a 2 bedroom apartment/condo in the back with commercial offices in the front. The residential side was newly added/renovated in Jan 2016 and includes a range, refrigerator, stackable washer and dryer. The commercial offices offer many opportunities for business, and both have current tenants and leases. This property also includes 1604 Cloquet Ave, commercial spaces. Great investment opportunity!

Last Agent to Sell the Property

Brandon Miskulin

National Realty Guild Listed on: 07/13/2017

National Realty Guild

Co-Listed By

Rob Mansell

National Realty Guild

Last Buyer's Agent

Darren Hansey

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 436

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Wheelchair Access
  • 436 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-110-0720

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: take Hwy I-35, take exit 239 County Hwy-45. Property is on the left on Cloquet Ave.
  • L O1 Office Phone1 Number: 218-833-2031
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2017
  • Lot Description Waterfront: No
  • Ada Features: Fully Wheelchair
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2150
  • Garage Type: None
  • Heat: Baseboard, Natural Gas, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1958
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom 1 Level: M
  • Bathroom Description: Full Basement
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Master Bedroom
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Room 6: Den/Office
  • Total Bathrooms: 1
  • Total Fin Square Footage: 2150
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Brick, Stucco

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Association Fee Frequency: N/A

Schools

  • Junior High Dist: Cloquet #94

Lot Info

  • Estimated Number of Acres: 0.01
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 06-110-0720

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 6101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Oct 16, 2017
Sold by
Cloquet Properties Llc
Bought by
Duluth Regional Care Center Inc
Seller's Agent
Brandon Miskulin
National Realty Guild
Buyer's Agent
Darren Hansey
Edmunds Company, LLP
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$410,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,867
Avg. Annual Appreciation
7.10%
Original Mortgage
$184,000
Outstanding Balance
$153,527
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$257,340

Purchase Details

Closed on
Mar 22, 2012
Sold by
Hammarlund Arlene G and Lennartson Keith A
Bought by
Cloquet Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2006
Sold by
Lyytinen Jerry and Lyytinen Wendy
Bought by
Hammarlund Arlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.62%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duluth Regional Care Center Inc $235,000 First American Title Company
Cloquet Properties Llc $227,000 Calrton County Abstract & Ti
Hammarlund Arlene G $205,000 Abstract & Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duluth Regional Care Center Inc $184,000
Previous Owner Cloquet Properties Llc $208,000
Previous Owner Hammarlund Arlene G $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $235,000 0.0% $109 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $235,000 -- $109 / 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 -- $199,300 $53,000 $146,300
2023 $0 $199,300 $53,000 $146,300
2022 $0 $199,300 $53,000 $146,300
2021 $5,444 $195,500 $53,000 $142,500
2020 $5,444 $195,500 $53,000 $142,500
2019 $5,444 $195,500 $53,000 $142,500
2018 $5,444 $169,000 $53,000 $116,000
2017 $6,356 $198,800 $53,000 $145,800
2016 $8,426 $203,400 $53,000 $150,400
2015 $7,858 $203,400 $53,000 $150,400
2014 -- $203,400 $53,000 $150,400
2013 -- $203,400 $53,000 $150,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6030263

APN: 06-110-0720