NOT LISTED FOR SALE

Estimated Value: $307,000 - $348,000

5 Beds
3 Baths
1,810 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $250,000 $138 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,145/month

3 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Congdon Elementary School Rated A-
  • Ranch Style House
  • Corner Lot

About This Home

As of September 2021

Perfect investment property within walking distance to UMD and within close proximity to St. Scholastica, and much more! This 5 bedroom, 3 bath home features hardwood floors, good sized rooms and spaces, and a 1 car garage. There is a backyard deck for entertaining, 2 bathrooms on the main level,and an open floor plan. This property rents at $2195/month with tenants paying all utilities. An excellent opportunity to own an investment property with great rental history near the colleges!

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 07/27/2021

Last Buyer's Agent

Michael Hoffman

Michael Hoffman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 135x100
  • Corner Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-1380-01340

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,712

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Woodland Ave, left on 8th.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 138.12
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors
  • Amenities Exterior: Deck
  • Half Bathrooms: 2
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1496
  • Below Grade Finished Sq Ft: 314
  • Garage Type: Attached, Tuckunder
  • Heat: Electric
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 5
  • Year Built: 1949
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished, Partially Finished, Bath, Bedrooms, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, 1/2 Main Floor, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Bathroom
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1810
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Curb/Gutters, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 1

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-07-27
  • Estimated Lot Dimensions: 135x100
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-1380-01340

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 15, 2021
Sold by
Theis Michael and Theis Irene
Bought by
Practical Properties Llc
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Michael Hoffman
Michael Hoffman Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$328,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,532
Avg. Annual Appreciation
6.34%
Original Mortgage
$200,000
Outstanding Balance
$157,780
Interest Rate
2.1%
Mortgage Type
Commercial
Estimated Equity
$159,913

Purchase Details

Closed on
Feb 25, 2008
Sold by
Arras Dennis G and Bujold Arras Kathleen A
Bought by
Theis Michael J and Theis Irene T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Arras Dennis G and Bujold Arras Kathleen A
Bought by
Arras Dennis G and Bujold Arras Kathleen A
Source: Public Records

Range of Values:

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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
Practical Properties Llc $250,000 St Louis Title
Theis Michael J $165,000 Rels
Arras Dennis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Practical Properties Llc $200,000
Previous Owner Theis Michael J $148,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $250,000 0.0% $138 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $250,000 -- $138 / 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 $4,150 $269,100 $31,600 $237,500
2022 $2,956 $252,500 $29,800 $222,700
2021 $2,712 $178,500 $30,800 $147,700
2020 $2,662 $167,100 $28,800 $138,300
2019 $2,538 $159,400 $27,400 $132,000
2018 $2,376 $153,100 $27,400 $125,700
2017 $2,540 $153,200 $27,500 $125,700
2016 $2,478 $224,100 $53,300 $170,800
2015 $1,981 $149,500 $31,100 $118,400
2014 $1,981 $125,700 $26,100 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098633

APN: 010138001340