Mike Raivala
Responds Quickly
RE/MAX Results
(218) 520-4680
308 Total Sales
7 in Lincoln Park
$95K - $245K Price Range
2128 W 4th St Duluth, MN 55806
Lincoln Park Neighborhood
7
Beds
3
Baths
3,736
Sq Ft
1909
Built
Highlights
- Bay View
- Fireplace
- Ceiling Fan
- 2 Car Detached Garage
- Tile Flooring
- Boiler Heating System
About This Home
As of October 2015This is one of the Nicest Triplexes in Lincoln Park. Investors this property has a 11% CAP if you subtract the management fee, Net Operating Income of approximately $24,600. Owner occupant's will love the NEW HIGH EFFICIENT BOILER, newer roof and the low maintenance exterior and the quality finishing to the greatest detail. This property has been completely gone through, new kitchens, new appliances, bathrooms, paint, flooring and should have the same low vacancy that the triplex owned by the same seller next door has been experiencing (zero for the past 2 1/2 since it was completely gone through). This property sits on a large 70x140 lot and offers nice off street parking and a 2 car garage that could be rented for additional income.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,869
Year Built
- Built in 1909
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Fireplace
- Tile Flooring
- Bay Views
- Walkup Attic
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
- Stone Basement
Lot Details
- Lot Dimensions are 70x140
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for cable TV, electric
- Assessor Parcel Number 010-1180-00850 & 00830
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
Jan 2, 2015
Closed on
Oct 5, 2015
Sold by
Fristone Doug
Bought by
Seller's Agent
Ron Hanger
RE/MAX Results
Buyer's Agent
Beverly J. Van Alstine
Messina & Associates Real Estate
List Price
$235,000
Sold Price
$232,000
Premium/Discount to List
-$3,000
-1.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,797
Outstanding Balance
$174,233
Interest Rate
3.88%
Mortgage Type
FHA
Purchase Details
Closed on
May 1, 2009
Sold by
Vanheuveln Vince R
Bought by
Finstrom Doug
Purchase Details
Closed on
Apr 23, 2008
Sold by
Emc Mortgage Corp
Bought by
Vanheuveln Vince R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2007
Sold by
Coda Michael P
Bought by
Emc Mortgage Corp
Purchase Details
Closed on
Sep 28, 2004
Sold by
Kamp Gregory G and Kamp Claudia
Bought by
Coda Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,400
Interest Rate
5.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 2001
Sold by
North Trudy L
Bought by
Kamp Gregory G and Kamp Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.25%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lincoln Park, MN
-
Mike Raivala
-
Mike Jorgensen
Mike Jorgensen
Edina Realty, Inc. - Duluth
(218) 522-8572
56 Total Sales
2 in Lincoln Park
$101,000 Price Range
-
Lori Melbostad
Lori Melbostad
Real Broker LLC
(612) 360-2651
67 Total Sales
2 in Lincoln Park
$210,000 Price Range
-
Jamie Sathers-Day
Jamie Sathers-Day
JS Realty
(218) 626-6929
358 Total Sales
10 in Lincoln Park
$131K - $230K Price Range
-
Beverly J. Van Alstine
Beverly J. Van Alstine
Messina & Associates Real Estate
(218) 520-8553
100 Total Sales
3 in Lincoln Park
$184K - $245K Price Range
-
Laura Brekke
Laura Brekke
Century 21 Atwood
(218) 520-5832
56 Total Sales
5 in Lincoln Park
$139K - $200K Price Range
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 |
|---|---|---|---|
| $238,121 | Arrowhead Abstract & Title C | ||
| Mowchen Sara J | $228,969 | Arrowhead Abstract & Title C | |
| Finstrom Doug | -- | None Available | |
| Vanheuveln Vince R | $55,000 | Minnesota Abstract & Title C | |
| Emc Mortgage Corp | $129,249 | None Available | |
| Coda Michael | $147,000 | Lakeview | |
| Kamp Gregory G | $50,000 | Pioneer Abstract & Title |
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 | $227,797 | ||
| Previous Owner | Vanheuveln Vince R | $65,000 | |
| Previous Owner | Coda Michael P | $29,400 | |
| Previous Owner | Coda Michael | $117,600 | |
| Previous Owner | Kamp Gregory G | $35,000 |
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 |
|---|---|---|---|---|
| 10/05/2015 10/05/15 | Sold | $232,000 | -1.3% | $62 / Sq Ft |
| 07/10/2015 07/10/15 | Pending | -- | -- | -- |
| 01/02/2015 01/02/15 | For Sale | $235,000 | -- | $63 / Sq Ft |
Source: Lake Superior Area REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $4,784 | $253,700 | $31,800 | $221,900 |
| 2023 | $4,266 | $230,600 | $30,500 | $200,100 |
| 2022 | $4,150 | $210,700 | $28,000 | $182,700 |
| 2021 | $3,448 | $205,400 | $10,800 | $194,600 |
| 2020 | $3,548 | $174,400 | $9,100 | $165,300 |
| 2019 | $3,682 | $174,400 | $9,100 | $165,300 |
| 2018 | $2,300 | $182,500 | $9,100 | $173,400 |
| 2017 | $2,000 | $168,300 | $8,400 | $159,900 |
| 2016 | $1,954 | $3,200 | $3,200 | $0 |
| 2015 | $2,842 | $150,100 | $7,700 | $142,400 |
| 2014 | $2,828 | $150,100 | $7,700 | $142,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Hanger
RH
Seller's Agent in 2015
Ron Hanger
RE/MAX
(218) 349-4040
7 in this area
113 Total Sales
-
Beverly J. Van Alstine
Buyer's Agent in 2015
Beverly J. Van Alstine
Messina & Associates Real Estate
(218) 260-3680
3 in this area
100 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6014017
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