NOT LISTED FOR SALE

Estimated Value: $220,000 - $234,000

4 Beds
2 Baths
1,480 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $149,900 $101 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,443/month

2 Days on Market

Highlights

  • Lake View
  • Elevated Lot
  • 5-minute walk to Cascade Park
  • Forced Air Heating System

About This Home

As of April 2019

Downtown brick home with great view of Lake Superior and Canal Park area. Long term rental with many updates and OSP. Will sell as package with 31 E 5th St & 513 N 1st Ave E.

Last Agent to Sell the Property

Gary Kalligher

RE/MAX Results Listed on: 03/11/2019

RE/MAX Results

Last Buyer's Agent

Jordan Decaro

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1896

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Elevated Lot

Property Views

  • Lake
  • City Lights

Home Design

  • 1,480 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, water, sewer
  • Assessor Parcel Number 010 1010 00100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,720

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Up Lake Ave to 5th St-East 1 block to house on upper side.
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 101.28
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior, City Lights
  • Lot Description Waterfront: No
  • CondoPropertyType: Single
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1480
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Single
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Stone
  • Basement Style: Full
  • Stories: 2.25 - 2.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1480

Exterior Features

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

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: 2019-03-11
  • Estimated Lot Dimensions: 50 x 140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 010 1010 00100

Rental Info

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

Tax Info

  • Tax Amount: 1720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 30, 2019
Sold by
Friday Properties Llc
Bought by
C & I Properties Llc
Seller's Agent
Gary Kalligher
RE/MAX Results
Buyer's Agent
Jordan Decaro
RE/MAX Results
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$227,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,079
Avg. Annual Appreciation
6.53%
Original Mortgage
$119,920
Outstanding Balance
$94,205
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$130,522

Purchase Details

Closed on
May 15, 2017
Sold by
Friday Place Llc
Bought by
Friday Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 19, 2017
Sold by
Friday Joshua E and Friday Bridget E
Bought by
Friday Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
C & I Properties Llc $149,900 First American Title Ins Co
Friday Properties Llc -- None Available
Friday Place Llc -- Consolidated First And Abstr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C & I Properties Llc $119,920
Previous Owner Friday Properties Llc $108,800
Previous Owner Friday Joshua $30,000
Previous Owner Friday Properties Llc $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $149,900 0.0% $101 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $149,900 -- $101 / 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 $2,866 $184,800 $30,200 $154,600
2022 $2,188 $170,100 $28,000 $142,100
2021 $1,850 $131,700 $31,100 $100,600
2020 $1,732 $113,500 $26,900 $86,600
2019 $1,720 $103,200 $24,300 $78,900
2018 $1,590 $103,200 $24,300 $78,900
2017 $1,514 $101,900 $24,300 $77,600
2016 $1,476 $249,400 $21,300 $228,100
2015 $1,502 $97,000 $13,700 $83,300
2014 $1,502 $97,000 $13,700 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081131

APN: 010101000100