NOT LISTED FOR SALE

2306 W 2nd St Duluth, MN 55806

Lincoln Park Neighborhood

Estimated Value: $215,000 - $240,000

5 Beds
2 Baths
1,860 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $135,000 $73 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,413/month

3 Days on Market

Highlights

  • Balcony
  • Laundry Room
  • Level Lot
  • Views
  • Forced Air Heating System

About This Home

As of February 2021

If you're looking for an opportunity to own a great income property, you've found it here! Solid, classic duplex offering a main floor 3 bedroom unit and an upper 2 bedroom. Units are well kept and inviting. Updated kitchens and baths, flooring, windows, and vinyl siding. Separate electric, head systems and water heaters, let tenants pay utilities! Basement has lots of storage and laundry hook-ups for both. Off street parking too! Located within walking distance to Lincoln Park Craft District and convenient to bus line and freeway access.

Last Agent to Sell the Property

Julie Carlson

RE/MAX Results Listed on: 01/08/2021

Last Buyer's Agent

Julie Carlson

RE/MAX Results Listed on: 01/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1908

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 26x140
  • Level Lot

Home Design

  • 1,860 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Basement Storage

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • Property Views

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, fuel, sewer
  • Assessor Parcel Number 010-1140-01550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,043

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: West 2nd St.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 72.58
  • Taxes With Assessments: 2068
  • Tax Year: 2020
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Balcony
  • Appliances 1: Microwave, Range/Stove
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1860
  • Garage Type: None
  • Heat: Boiler, Forced Air, Radiant, Natural Gas
  • Laundry: Separate Room
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Duplex
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished, Storage, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 2.25 - 2.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1860

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-01-08
  • Estimated Lot Dimensions: 26x140
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 010-1140-01550

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Water, Fuel, Sewer

Tax Info

  • Tax Amount: 2043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Mcleod County Property Management Llc
Bought by
Labraaten Eric D
Current Estimated Value
$226,293

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 1, 2021
Sold by
Moen Anthony G and Moen Kelly
Bought by
Mcleod County Property Management Llc
Seller's Agent
Julie Carlson
RE/MAX Results
Buyer's Agent
Julie Carlson
RE/MAX Results
List Price
$128,900
Sold Price
$135,000
Premium/Discount to List
$6,100
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
May 30, 2006
Sold by
Moen Jeffrey R and Moen Gloria H
Bought by
Moen Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.66%
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
Labraaten Eric D -- Title Mark Llc
Mcleod County Property Management Llc $135,000 Stewart Title Company
Moen Anthony G $75,000 None Available
-- $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labraaten Eric D $110,600
Previous Owner Moen Anthony G $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $135,000 +4.7% $73 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $128,900 -- $69 / 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 $2,620 $172,300 $16,200 $156,100
2022 $2,416 $157,300 $14,800 $142,500
2021 $2,010 $145,600 $5,700 $139,900
2020 $2,068 $123,500 $4,800 $118,700
2019 $2,148 $123,500 $4,800 $118,700
2018 $1,856 $129,300 $4,800 $124,500
2017 $1,396 $119,300 $4,500 $114,800
2016 $1,362 $500 $500 $0
2015 $1,386 $89,400 $15,300 $74,100
2014 $1,386 $89,400 $15,300 $74,100
Source: Public Records

Agents Affiliated with this Home

  • Julie Carlson

    Seller's Agent in 2021

    Julie Carlson

    RE/MAX

    (218) 349-5503

    4 in this area

    47 Total Sales

    Julie Carlson
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094532

APN: 010114001550

Minnesota St Louis County Duluth 55806 Lincoln Park

2306 W 2nd St, Duluth, MN

This home is located at 2306 W 2nd St, Duluth, MN 55806 since 08 January 2021 and is currently estimated at $226,293, approximately $121 per square foot. This property was built in 1908. 2306 W 2nd St is a home located in St. Louis County with nearby schools including Lincoln Park Middle School, Denfeld High School, and Harbor City International School.

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