Seller's Agent in 2021
Krystina Gillman
Kuschel Realty Group LLC
(218) 724-7900
102 Total Sales
1725 W 1st St Duluth, MN 55806
Lincoln Park Neighborhood
5
Beds
3
Baths
1,885
Sq Ft
1,307
Sq Ft Lot
Highlights
- Bay View
- No HOA
- Forced Air Heating System
- Corner Lot
- Balcony
About This Home
As of June 2021This Lincoln Park Triplex is an incredible investment opportunity with exceptional cash flow! 2 - 2 BR units, 1 - 1 BR unit and a potential for an additional studio unit in the walk-out basement. Located just steps from the buzzing Craft District with new shops, restaurants and breweries. Total annual gross rents of $27,000! If you are looking for an investment property with a solid rental history, don't pass this one up! All units are updated and in great condition. New boiler & water heater recently installed. Additional features include spacious bedrooms, large common areas, and upper units w/ office potential and even views of the Bay!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,764
Year Built
- Built in 1891
Lot Details
- 1,307 Sq Ft Lot
- Corner Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Bay Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
Parking
- No Garage
- No Driveway
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Boiler Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tenant pays for electric, trash, water, fuel, sewer
- Assessor Parcel Number 010-1130-00440
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Jun 30, 2021
Sold by
Bought by
Seller's Agent
Krystina Gillman
Kuschel Realty Group LLC
Buyer's Agent
Kevin Rappana
RE/MAX Results
List Price
$180,000
Sold Price
$184,600
Premium/Discount to List
$4,600
2.56%
Purchase Details
Closed on
Jun 18, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
0.041%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 16, 2017
Closed on
Apr 14, 2017
Sold by
Bought by
Seller's Agent
Jodi Olson
Century 21 Atwood
Buyer's Agent
Jordan DeCaro
RE/MAX Results
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
0.041%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 16, 2017
Closed on
Mar 24, 2017
Sold by
Bought by
Seller's Agent
Jodi Olson
Century 21 Atwood
Buyer's Agent
Jordan DeCaro
RE/MAX Results
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
0.041%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 21, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $13,939 | First American Title | ||
| -- | First American Title Ins Co | ||
| $115,000 | Stewart Title Company | ||
| $77,900 | Titlesmart Inc | ||
| $80,000 | Arrowhead Abstract & Title C | ||
| $62,283 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $102,000 | ||
| Previous Owner | $104,000 | ||
| Previous Owner | $86,250 | ||
| Previous Owner | $75,563 | ||
| Previous Owner | $9,556 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $184,600 | +2.6% | $98 / Sq Ft | |
| 06/02/2021 06/02/21 | Pending | -- | -- | -- | |
| 05/28/2021 05/28/21 | For Sale | $180,000 | +56.5% | $95 / Sq Ft | |
| 04/14/2017 04/14/17 | Sold | $115,000 | -7.9% | $54 / Sq Ft | View Prior Sale |
| 03/14/2017 03/14/17 | Pending | -- | -- | -- | |
| 01/16/2017 01/16/17 | For Sale | $124,900 | -- | $58 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,160 | $214,300 | $6,000 | $208,300 |
| 2023 | $3,610 | $193,600 | $5,800 | $187,800 |
| 2022 | $2,822 | $176,900 | $5,300 | $171,600 |
| 2021 | $2,764 | $140,500 | $1,700 | $138,800 |
| 2020 | $2,844 | $140,800 | $8,400 | $132,400 |
| 2019 | $2,354 | $140,800 | $8,400 | $132,400 |
| 2018 | $2,212 | $117,400 | $7,000 | $110,400 |
| 2017 | $1,826 | $117,400 | $7,000 | $110,400 |
| 2016 | $1,780 | $125,300 | $19,200 | $106,100 |
| 2015 | $3,033 | $117,400 | $7,000 | $110,400 |
| 2014 | $3,033 | $162,000 | $3,700 | $158,300 |
Source: Public Records
Agents Affiliated with this Home
-
Krystina Gillman
-
Kevin Rappana
Buyer's Agent in 2021
Kevin Rappana
RE/MAX
(218) 591-4678
4 in this area
67 Total Sales
-
Jodi Olson
Seller's Agent in 2017
Jodi Olson
Century 21 Atwood
(218) 391-0842
1 in this area
162 Total Sales
-
Jordan DeCaro
Buyer's Agent in 2017
Jordan DeCaro
RE/MAX
(218) 722-2810
9 in this area
285 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6097008
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