NOT LISTED FOR SALE

Estimated Value: $397,127 - $578,000

2 Beds
2 Baths
1,512 Sq Ft
$335/Sq Ft Est. Value

Last Sold December 12, 2012

Last sale price $385,000 $255 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,795/month

66 Days on Market

Highlights

  • 120 Feet of Waterfront
  • RV Access or Parking
  • Open Floorplan
  • Sandy Beach
  • 0.5 Acre Lot
  • Deck

About This Home

As of December 2012

Beautiful Bay Breezes and four-season fun from your carefree Park Point Bay front home. Think of what you could do with 120' of shoreline on SUPERIOR Bay of the world's largest fresh water of Lake Superior. You could be living on the most unique 7-mile long sand bar and enjoy the sunsets from your massive deck and see the wildlife right across on Hearding Island. The home has 2 wood- burning fireplaces, all new carpet, paint and some new light fixtures and St. Charles brand cabinets and breakfast bar all open to living room. Also see the updated master bath light fixtures and floor tile - Walk right out onto your deck from the master bedroom - with new paint on interior - Don't forget to check out the new natural rock retaining wall and huge off street parking next to the Lake for an RV or simply entertaining.

Last Agent to Sell the Property

Lynn Bentfield

Edina Realty Inc - Duluth Listed on: 09/11/2012

Last Buyer's Agent

Lynn Bentfield

Edina Realty Inc - Duluth Listed on: 09/11/2012

Home Details

Home Type

  • Single Family

Year Built

  • 1974

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120x200
  • 120 Feet of Waterfront
  • Sandy Beach

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 010-3110-00470

Home Details

Home Type

Single Family

Year Built

1974

Lot Details

0.5 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Home Warranty, Washer/Dryer Hookups, Wet Bar
  • Amenities Exterior: Deck, RV Parking
  • Estimated Number of Acres: 0.5
  • Assessments: Yes
  • Beach Type: Gravel, Sand
  • Construction: Previously Owned
  • Dnr Lake Id Number: 16001
  • Foundation Size: 1204
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 010-3110-00470
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Open Floor Plan
  • Fireplace: Yes
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 10.3x14.4
  • Room 2: Kitchen, 10.3x15.4
  • Room 3: Bedroom, 10.10x11.7
  • Room 4: Bedroom, 20.2x11
  • Room 5: Family Room, 15.4x20
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1512
  • Total Fin Square Footage: 1512
  • Total Square Footage: 1512

Exterior Features

  • Frontage Road: City, Paved
  • Waterfront Name: Bay
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Metal
  • Waterfront: Yes
  • Water Frontage: 120

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler, Fireplace, Radiant
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 120x200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Dec 12, 2012
Sold by
Demeria Diane E and Estate Of William G Demeria
Bought by
Medlin Wallace Michael and Medlin Deborah J
Seller's Agent
Lynn Bentfield
Edina Realty Inc - Duluth
Buyer's Agent
Lynn Bentfield
Edina Realty Inc - Duluth
List Price
$439,900
Sold Price
$385,000
Premium/Discount to List
-$54,900
-12.48%
Current Estimated Value
$507,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,032
Avg. Annual Appreciation
2.11%
Original Mortgage
$308,000
Outstanding Balance
$212,733
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$294,299
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medlin Wallace Michael $385,000 Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medlin Wallace Michael $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $385,000 -12.5% $255 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $439,900 -- $291 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,288 $156,700 $156,700 $0
2023 $2,288 $89,700 $89,700 $0
2022 $1,038 $75,800 $75,800 $0
2021 $1,016 $63,200 $63,200 $0
2020 $1,066 $63,200 $63,200 $0
2019 $1,016 $64,400 $64,400 $0
2018 $1,096 $64,400 $64,400 $0
2017 $1,070 $71,400 $71,400 $0
2016 $1,044 $3,100 $3,100 $0
2015 $3,978 $258,500 $93,000 $165,500
2014 $3,978 $258,500 $93,000 $165,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4398867

REALTOR® Association of Southern Minnesota

APN: 010311000470

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