NOT LISTED FOR SALE

Estimated Value: $302,000 - $346,000

3 Beds
1 Bath
1,409 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $245,000 $174 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,940/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • East High School Rated 10
  • Mud Room
  • Formal Dining Room

About This Home

As of June 2022

That rare bird—a lovely, solid house in great condition, near colleges and already kitted out with a single-family rental license—has landed! If you’re thinking of investments, please take a look at this opportunity. The numbers work, and the house is essentially turn-key ready for the June rental market. You'll find 3 spacious bedrooms and a full bath at the top of the staircase. The main floor has a nice entrance at the front and there’s a mudroom off the kitchen, adjacent to the garage. The dining & living rooms feature original trim & style and the kitchen has had nice updates. Downstairs offers lots of storage as well as a newer boiler & water heater. Fresh paint, large and bright windows, centrally-located to trails, parks, shopping and entertainment -- and plenty of off street parking. Call for a private showing!

Last Agent to Sell the Property

Sheryl Homan

Edina Realty, Inc. - Duluth Listed on: 04/20/2022

Edina Realty, Inc. - Duluth

Co-Listed By

Hugh Griffin

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Benjamin Funke

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-1860-01310

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,292

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: About 2 blocks west of Woodland Ave, on the north side of W Arrowhead Rd...
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 173.88
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Foyer Entry
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1409
  • Garage Type: Attached
  • Heat: Boiler, Fireplace, Radiant, Wood, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles, Rolled Asphalt
  • Bedroom 3: Mud Room
  • TotalBedrooms: 3
  • Year Built: 1925
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Foyer
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Kitchen
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1409
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-04-20
  • Estimated Lot Dimensions: 50x100
  • Estimated Number of Acres: 0.11
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1860-01310

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 2292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 8, 2022
Sold by
Sherman Carl P
Bought by
Davies Jeffrey and Davies Allison T
Seller's Agent
Sheryl Homan
Edina Realty, Inc. - Duluth
Buyer's Agent
Benjamin Funke
RE/MAX Results
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$315,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,440
Avg. Annual Appreciation
4.08%
Original Mortgage
$232,750
Outstanding Balance
$223,633
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$55,561

Purchase Details

Listed on
Oct 16, 2013
Closed on
Jan 17, 2014
Sold by
Johnson Michelle A
Bought by
Sherman Carl P
Seller's Agent
Susan Dusek
Edina Realty Inc - Duluth
Buyer's Agent
Sheryl Homan
Edina Realty Inc - Duluth
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$123,750
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2011
Sold by
Lewis Matthew J and Lewis Nicole R
Bought by
Johnson Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,963
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2007
Sold by
Erickson Terry A and Erickson Dawn M
Bought by
Lewis Matthew J and Lewis Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Davies Jeffrey $245,000 Results Title
Sherman Carl P $137,500 Arrowhead Abstract
Johnson Michelle A $139,500 Rels Title
Lewis Matthew J $155,000 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Jeffrey $232,750
Previous Owner Sherman Carl $145,000
Previous Owner Sherman Carl P $116,000
Previous Owner Sherman Carl P $123,750
Previous Owner Johnson Michelle A $135,963
Previous Owner Lewis Matthew J $155,000
Previous Owner Erickson Terry A $106,331
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $245,000 0.0% $174 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $245,000 +78.2% $174 / Sq Ft
01/30/2014 01/30/14 Sold $137,500 -8.3% $100 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $149,900 +7.5% $109 / Sq Ft
02/27/2012 02/27/12 Sold $139,500 -6.4% $102 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $149,100 -- $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
2023 $3,120 $214,200 $23,000 $191,200
2022 $2,292 $185,700 $20,000 $165,700
2021 $2,198 $158,600 $17,200 $141,400
2020 $2,260 $155,600 $16,800 $138,800
2019 $2,188 $155,600 $16,800 $138,800
2018 $1,998 $152,500 $19,400 $133,100
2017 $1,836 $150,100 $19,200 $130,900
2016 $1,704 $0 $0 $0
2015 $1,544 $109,500 $16,100 $93,400
2014 $1,544 $96,900 $3,400 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102286

APN: 010186001310