NOT LISTED FOR SALE

Estimated Value: $217,000 - $258,600

4 Beds
2 Baths
1,544 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $179,900 $117 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,559/month

4 Days on Market

Highlights

  • Deck
  • Entrance Foyer
  • Elevated Lot
  • Corner Lot
  • Forced Air Heating System
  • Lot Has A Rolling Slope

About This Home

As of December 2021

Just listed! This adorable 4 bdrm, 1 3/4 bath single family rental home features updates through out. Brand new furnace and conversion to natural gas, new plumbing/water lines throughout, 2 new egress windows in the lower level, upper level new window. Lower level walk out. Previous basement work guaranteed by Northern States Basement. Nice, high double 61'x180' with 4 off street parking spaces. Rental license valid till 6/1/2024. Currently leased through 5/31/21 for $1600/month. Tenants pay all utilities except garbage paid by seller. Keep this home as a rental or as your very own!

Last Agent to Sell the Property

Mary Binsfield

Coldwell Banker Realty - Iron River Listed on: 11/03/2021

Last Buyer's Agent

stephanie Linde

Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1921

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 61x180
  • Elevated Lot
  • Corner Lot
  • Lot Has A Rolling Slope

Parking

  • No Garage

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Entrance Foyer
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, water, fuel, sewer
  • Assessor Parcel Number 010-2890-00510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,643

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Off Piedmont Ave to Springvale Rd. Driveway off Appalachian Street
  • L O1 Office Phone1 Number: 218-728-5161
  • List Price/ Sq Ft: 116.52
  • Taxes With Assessments: 1643
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • CondoPropertyType: Single
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 972
  • Below Grade Finished Sq Ft: 572
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Single
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished, Walkout, Bath, Bedrooms
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1544

Exterior Features

  • Road Frontage: City, Paved, Storm Sewer, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Metal

Utilities

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

Association/Amenities

  • AmenitiesOtherAmenities1: Washer/Dryer Hookups, Foyer Entry

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2021-11-04
  • Estimated Lot Dimensions: 61x180
  • Estimated Number of Acres: 0.25
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, High, Rolling
  • Parcel Number: 010-2890-00510

Rental Info

  • Lease Terms: Cash, Conventional, FHA, MHFA/WHEDA, VA/DVA
  • Tenant Expense: Electric, Water, Fuel, Sewer

Tax Info

  • Tax Amount: 1643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 28, 2021
Sold by
Othoudt Amanda M and Othoudt Aaron R
Bought by
Elnes Daniel and Elnes Holly
Seller's Agent
Mary Binsfield
Coldwell Banker Realty - Iron River
Buyer's Agent
stephanie Linde
Real Estate Consultants
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$235,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,000
Avg. Annual Appreciation
7.77%
Original Mortgage
$143,920
Outstanding Balance
$134,537
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$98,680

Purchase Details

Listed on
Jan 25, 2020
Closed on
Mar 30, 2020
Sold by
Magnuson Rebecca A and Magnuson Christopher D
Bought by
Othoudt Amanda M and Othoudt Aaron R
Seller's Agent
Cheryl Templer
Welcome Home Realty
Buyer's Agent
Mary Binsfield
Coldwell Banker Realty - Iron River
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.64%
Original Mortgage
$95,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Gerber Jeffrey S and Gerber Michael F
Bought by
Magnuson Christopher D and Magnuson Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,246
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2002
Sold by
Gerber Jeffrey S and Gerber Michael F
Bought by
Gerber Rebecca A and Magnusson Christopher D

Purchase Details

Closed on
May 23, 2002
Sold by
Magnuson Christopher D
Bought by
Gerber Jeffrey S and Gerber Michael F

Purchase Details

Closed on
May 22, 2002
Sold by
Shannon Elizabeth Karen and Shannon Michael
Bought by
Magnuson Christopher D

Purchase Details

Closed on
Jan 18, 2002
Sold by
Mattson Kenneth R and Shannon Elizabeth Karen
Bought by
Shannon Elizabeth Karen and Treb Lori Jean

Purchase Details

Closed on
Jan 1, 2002
Sold by
Mattson Ruth and Shannon Elizabeth Karen
Bought by
Shannon Elizabeth Karen and Treb Lori Jean
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 Buyer Sale Price Title Company
Elnes Daniel $179,900 Northshore Title
Othoudt Amanda M $119,000 North Shore Title
Magnuson Christopher D -- Northwest Title & Escrow Cor
Gerber Rebecca A $78,250 --
Gerber Jeffrey S -- --
Magnuson Christopher D $77,500 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elnes Daniel $143,920
Previous Owner Othoudt Amanda M $95,200
Previous Owner Magnuson Christopher D $136,246
Closed Gerber Rebecca A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $179,900 0.0% $117 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $179,900 +51.2% $117 / Sq Ft
03/30/2020 03/30/20 Sold $119,000 0.0% $102 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $119,000 -- $102 / 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
2023 $2,932 $196,700 $41,500 $155,200
2022 $2,166 $194,200 $41,500 $152,700
2021 $1,668 $130,400 $35,400 $95,000
2020 $1,828 $125,100 $24,200 $100,900
2019 $2,164 $125,100 $24,200 $100,900
2018 $1,892 $118,900 $24,200 $94,700
2017 $1,918 $109,500 $23,100 $86,400
2016 $1,896 $162,100 $27,200 $134,900
2015 $1,728 $85,500 $30,200 $55,300
2014 $1,728 $85,500 $30,200 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100475

APN: 010289000510