NOT LISTED FOR SALE

Estimated Value: $315,000 - $358,000

5 Beds
1.5 Baths
1,707 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $285,000 $167 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,231/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Detached Garage
  • Congdon Elementary School Rated A-
  • Lower Floor Utility Room
  • 2-minute walk to Old Main Park

About This Home

As of April 2022

Opportunity knocks! If you are looking for a solid investment in a fabulous location, this 5 bed, 2 bath is turnkey, fully rented for the 2022-2023 school year, and offers an 8.5% ROI. Not only does this home offer great cash flow, it is also a home you can be proud to have in your portfolio.The exterior of the home is stately and is in excellent condition. Inside features include spacious rooms, hardwood floors, a fireplace, beautiful woodwork w/ numerous built-ins, and updated baths. Outside you’ll find a nice lot with a 1 car garage. Close to UMD, the bus line, parks, and just minutes from downtown, shops, and restaurants. Leases for next school year are $2,400/mo. Rental Licenseis good through 12/1/2022

Last Listed By

Tracy Ramsay

RE/MAX Results Listed on: 04/07/2022

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1906

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x140

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,707 Sq Ft Home
  • Decorative Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-3090-01540

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,447

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Head down East 4th St towards Holy Rosary, house will be on your left.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 166.96
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1707
  • Garage Type: Detached
  • Heat: Boiler, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Dining Room
  • TotalBedrooms: 5
  • Year Built: 1906
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Third Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Utility Room
  • Basement Material: Stone
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Fireplace: Yes
  • Den Fireplace Type: Decorative
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Foyer
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bathroom
  • Stories: 2.25 - 2.75 Story
  • Room 6: Master Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1707
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • 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: 2022-04-08
  • Estimated Lot Dimensions: 40x140
  • Estimated Number of Acres: 0.13
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3090-01540

Tax Info

  • Tax Amount: 3447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 20, 2022
Sold by
Fjr Properties Llc
Bought by
Mackie Adam
Seller's Agent
Tracy Ramsay
RE/MAX Results
Buyer's Agent
Brian Rud
Messina & Associates Real Estate
List Price
$285,000
Sold Price
$285,000
Total Days on Market
4
Current Estimated Value
$339,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,320
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Apr 26, 2019
Sold by
Topka Andrew W and Topka Patricia M
Bought by
Fjr Properties Llc

Purchase Details

Closed on
Mar 9, 2004
Sold by
Hertzel Patricia R
Bought by
Topka Andrew W and Topka Patricia M

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
Mackie Adam $285,000 Northshore Title
Fjr Properties Llc $210,000 First Amer Ttl Ins Co Dba
Topka Andrew W $175,000 --
Hertzel Patricia R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $285,000 0.0% $167 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $285,000 -- $167 / 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 $4,094 $288,100 $35,800 $252,300
2022 $3,472 $253,800 $31,700 $222,100
2021 $3,400 $209,900 $25,900 $184,000
2020 $3,414 $209,900 $25,900 $184,000
2019 $3,272 $204,900 $23,500 $181,400
2018 $3,118 $201,500 $23,500 $178,000
2017 $2,876 $201,500 $23,500 $178,000
2016 $2,804 $174,800 $23,500 $151,300
2015 $3,008 $195,400 $29,900 $165,500
2014 $3,008 $195,400 $29,900 $165,500
Source: Public Records

Agents Affiliated with this Home

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Source: Lake Superior Area REALTORS®

MLS Number: 6102078

APN: 010309001540