NOT LISTED FOR SALE

1862 Wallace Ave Duluth, MN 55803

Chester Park Neighborhood

Estimated Value: $302,756 - $343,000

3 Beds
1 Bath
1,700 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $225,000 $132 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,071/month

9 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Congdon Elementary School Rated A-
  • Loft
  • Living Room

About This Home

As of July 2020

ADORABLE Hunters park 3bedroom. Light, bright and airy. Consistent open flow, Perfect for entertaining! Wood burning fireplace & a built in reading nook make this the perfect place to cuddle up on those dreary Duluth days. Huge main level bath with tons of potential. Upper loft features an extra bedroom with a sliding glass door to a private deck. Large/ Dry basement with access to the tuck under garage. Ready to finish for an additional Rec area. Host Banging BBQs in your privately fenced yard, with floating decks. Move in & Relax!

Last Agent to Sell the Property

Ayla Dougherty

Messina & Associates Real Estate Listed on: 06/01/2020

Last Buyer's Agent

Marina Peterson

Northland Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52 x 100

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Tuck Under Garage

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 010-1830-01300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,185

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Up woodland Ave. Right on Arrowhead. Corner of Wallace and Arrowhead.
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Hardwood Floors
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1700
  • Garage Type: Tuckunder
  • Heat: Forced Air
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1925
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Breakfast Bar
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Loft
  • Room 7: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1700
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 1

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 52 x 100
  • Estimated Number of Acres: 0.12
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1830-01300

Tax Info

  • Tax Amount: 3185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 13, 2020
Sold by
Musselman Cecil J and Musselman Alicia
Bought by
Farmer Michael R and Schafter Kassandra A
Seller's Agent
Ayla Dougherty
Messina & Associates Real Estate
Buyer's Agent
Marina Peterson
Northland Sotheby's International Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$330,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,689
Avg. Annual Appreciation
7.25%
Original Mortgage
$216,000
Outstanding Balance
$191,467
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$139,222

Purchase Details

Closed on
Aug 26, 2016
Sold by
Robertson Colleen
Bought by
Musselman Cecil J and Musselman Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,720
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2011
Sold by
Duluth Teachers Credit Union
Bought by
Robertson Colleen R

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
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 6, 2011
Sold by
Rutford Thomas E and Rutford Susan K
Bought by
Duluth Teachers Credit Union
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

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
Farmer Michael R $225,000 Stewart Title Company
Musselman Cecil J $179,900 Stewart Title
Robertson Colleen R $169,900 None Available
Duluth Teachers Credit Union $103,840 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Michael R $216,000
Previous Owner Musselman Cecil J $163,720
Previous Owner Robertson Colleen R $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $225,000 0.0% $132 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $225,000 -- $132 / 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 $4,106 $315,100 $33,700 $281,400
2023 $4,106 $287,400 $26,500 $260,900
2022 $3,254 $249,200 $23,100 $226,100
2021 $3,120 $212,800 $19,800 $193,000
2020 $3,210 $208,800 $19,400 $189,400
2019 $3,052 $208,800 $19,400 $189,400
2018 $2,794 $201,200 $20,200 $181,000
2017 $2,562 $198,000 $20,000 $178,000
2016 $2,384 $317,800 $53,300 $264,500
2015 $1,900 $137,300 $17,700 $119,600
2014 $1,900 $120,400 $7,800 $112,600
Source: Public Records

Agents Affiliated with this Home

  • Ayla Dougherty

    Seller's Agent in 2020

    Ayla Dougherty

    Messina & Associates Real Estate

    (218) 730-8660

    4 in this area

    68 Total Sales

    Ayla Dougherty
    Section Image

  • M

    Buyer's Agent in 2020

    Marina Peterson

    Northland Sotheby's International Realty

    (218) 940-5010

    64 Total Sales

    Marina Peterson
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6090409

APN: 010183001300

Minnesota St Louis County Duluth 55803 Chester Park

1862 Wallace Ave, Duluth, MN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes