NOT LISTED FOR SALE
9 Beds
4 Baths
3,430 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: September 18, 2014

Last sale price $117,000 $34 Per Sq Ft

69 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System

About This Home

As of September 2014

Nice clean and well maintained 4-plex. Excellent cash flow!!!

Last Agent to Sell the Property

Lynn Nephew

RE/MAX 1 - Duluth Listed on: 05/21/2014

Last Buyer's Agent

Jordan DeCaro

Coldwell Banker East West

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units
  • Gross Income $32,400

Listing and Financial Details

  • Assessor Parcel Number 010-1180-04440

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Construction: Previously Owned
  • Parcel Number: 010-1180-04440
  • Rental License: Yes
  • Stories: 2 Story
  • Estimated Number of Acres: 0.13
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 3430
  • Total Fin Square Footage: 3430
  • Total Square Footage: 3430

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Driveway - Gravel, Porch

Garage/Parking

  • Number Off Street Parking: 5

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50 x 140

Building Info

  • Year Built: 1895

Multi Family

  • Est Annual Gross Expense: 3770
  • Est Annual Gross Income: 32400

Tax Info

  • Year: 2014
  • Tax Value: 3445.6

MLS Schools

  • School District: Duluth #709

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 21, 2014
Closed on
Sep 16, 2014
Sold by
Bought by
Seller's Agent
Lynn Nephew
RE/MAX 1 - Duluth
Buyer's Agent
Jordan DeCaro
Coldwell Banker East West
List Price
$140,000
Sold Price
$117,000
Premium/Discount to List
-$23,000
-16.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2003
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
$134,250
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$117,000 Pioneer Abstract & Title Of
$160,000 None Available
$220,000 None Available
$219,000 Rels
$179,000 --
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
Open $2,746,875
Closed $2,746,875
Closed $40,000
Closed $93,600
Previous Owner $134,250
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
09/18/2014 09/18/14 Sold $117,000 -16.4% $34 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $140,000 -- $41 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $4,806 $328,200 $25,500 $302,700
2024 $4,806 $248,600 $29,000 $219,600
2023 $4,154 $243,400 $28,400 $215,000
2022 $4,768 $237,400 $11,900 $225,500
2021 $3,888 $237,400 $11,900 $225,500
2020 $4,002 $198,100 $42,000 $156,100
2019 $3,308 $198,100 $42,000 $156,100
2018 $3,112 $165,100 $35,000 $130,100
2017 $3,104 $165,100 $35,000 $130,100
2016 $3,018 $96,400 $6,100 $90,300
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4623748

REALTOR® Association of Southern Minnesota
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