$340,000
SOLD FEB 28, 2025
5 Beds
3 Baths
2,905 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

14% Below List Price

93 Days on Market

Highlights

  • No HOA
  • Lower Floor Utility Room
  • Coin Laundry

About This Home

As of February 2025

Waiting for an amazing tri plex? This property has a cool view of lake superior! Always has had long term tenants, always rented. Great layout, shared laundry, back porches for two tenants, upper tenant also has a great front porch with views and some nice updates including a new kitchen and bath on apartment one, and a wall rebuild on the back of house. It is overall a very solid building!

Last Agent to Sell the Property

Trish Kroening

RE/MAX Results Listed on: 10/24/2024

RE/MAX Results

Last Buyer's Agent

Jordan Decaro

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,049

Year Built

  • Built in 1909

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 51x140

Home Design

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

Interior Spaces

  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Apartment Living Space in Basement
  • Basement Storage

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 010-1350-02120 & 010-1350-02135

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,049

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: N Lake Ave, take a left onto W 7th, house will be on the right.
  • L O1 Office Phone1 Number: 218-722-2811
  • Taxes With Assessments: 5074
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Property Info:Total 34 Baths2: 1
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2002
  • Below Grade Finished Sq Ft: 903
  • Garage Type: None
  • Heat: Boiler, Natural Gas
  • Laundry: Coin Operated Owned
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Multi-Family
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished, Storage, Apartment, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2.25 - 2.75 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2905

Exterior Features

  • Road Frontage: City, Sidewalk
  • Exterior: Steel

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 51x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1350-02120 & 010-1350-02135

Rental Info

  • Tenant Expense: Electric

Tax Info

  • Tax Amount: 5049
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $340,000 -9.3% $117 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
11/27/2024 11/27/24 Price Changed $375,000 -5.1% $129 / Sq Ft
10/24/2024 10/24/24 For Sale $395,000 +34.8% $136 / Sq Ft
01/07/2021 01/07/21 Sold $293,000 -2.2% $101 / Sq Ft View Prior Sale
11/03/2020 11/03/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $299,500 -- $103 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2024 $4,462 $265,400 $56,400 $209,000
2023 $4,462 $241,900 $54,600 $187,300
2022 $4,086 $225,000 $51,100 $173,900
2021 $3,994 $202,200 $18,900 $183,300
2020 $3,918 $202,200 $18,900 $183,300
2019 $3,366 $192,700 $18,000 $174,700
2018 $3,166 $166,700 $18,000 $148,700
2017 $2,904 $166,700 $18,000 $148,700
2016 $2,826 $0 $0 $0
2015 $2,886 $153,200 $16,700 $136,500
2014 $2,886 $153,200 $16,700 $136,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6116730