$178,000
SOLD MAY 9, 2024
2 Beds
1 Bath
1,126 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Traditional Architecture
  • No HOA
  • 3-minute walk to Lincoln Park

About This Home

As of May 2024

This beautiful home has an appraised market value of $218,000 and is being sold $40,000 below market to income qualified buyers. Additional down payment assistance of $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $163,000. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 03/11/2024

Last Buyer's Agent

Marta Swierc

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1904

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x140
  • Land Lease of $36

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,126 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-1180-03700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,569

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 24th Ave W to W 4th Street
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 36
  • List Price/ Sq Ft: 158.08
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Deck, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1126
  • Garage Type: None
  • Heat: Forced Air
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1904
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1126
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Asphalt

Garage/Parking

  • Parking Driveway: Off Street

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: 2024-03-11
  • Estimated Lot Dimensions: 25x140
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1180-03700

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 9, 2024
Sold by
One Roof Community Housing A Minnesota
Bought by
Watson Carmen
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Marta Swierc
RE/MAX Results
List Price
$178,000
Sold Price
$178,000
Views
1
Current Estimated Value
$199,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,523
Avg. Annual Appreciation
4.43%
Original Mortgage
$136,700
Outstanding Balance
$135,401
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$52,176

Purchase Details

Closed on
Jul 31, 2023
Sold by
Rhodes Danielle and Wagner Karl
Bought by
One Roof Community Housing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2022
Sold by
Rhodes Danielle and Wagner Karl
Bought by
One Roof Community Housing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 12, 2020
Sold by
Olerich Dennis R and Olerich Dennis Ray
Bought by
Rhodes Danielle and Wagner Karl
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Test Test
Real Estate Services
List Price
$73,000
Sold Price
$73,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.29%
Original Mortgage
$54,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2020
Sold by
Olerich Haley D and Olerich Haley Diane
Bought by
Olerich Dennis R and Olerich Dennis Ray

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jun 17, 2016
Sold by
Udovich Richard Richard
Bought by
Olerich Dennis Dennis
Seller's Agent
Mary Binsfield
Coldwell Banker Realty - Iron River
Buyer's Agent
Amy Spampinato
RE/MAX Professionals - Duluth
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.25%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $218,000 --
Warranty Deed $215,000 Arrowhead Abstract & Title
Deed $215,000 --
Warranty Deed $73,000 Arrowhead Abstract & Ttl Co
Interfamily Deed Transfer -- None Available
Deed $26,000 --
Deed $73,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,700 New Conventional
Closed $14,800 New Conventional
Closed $35,000 FHA
Closed $186,500 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $54,750 New Conventional
Previous Owner $5,500 Unknown
Closed $54,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $178,000 0.0% $158 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $178,000 +143.8% $158 / Sq Ft
11/13/2020 11/13/20 Sold $73,000 0.0% $72 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $73,000 +180.8% $72 / Sq Ft
06/17/2016 06/17/16 Sold $26,000 0.0% $26 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $26,000 -- $26 / 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 $1,282 $111,400 $15,200 $96,200
2022 $1,594 $57,900 $14,000 $43,900
2021 $624 $43,900 $5,200 $38,700
2020 $642 $37,300 $4,400 $32,900
2019 $664 $37,300 $4,400 $32,900
2018 $574 $38,900 $4,400 $34,500
2017 $258 $35,800 $4,000 $31,800
2016 $458 $90,100 $12,700 $77,400
2015 $459 $26,900 $8,500 $18,400
2014 $459 $26,900 $8,500 $18,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112603

APN: 010118003700