NOT LISTED FOR SALE

Estimated Value: $174,000 - $214,000

2 Beds
2 Baths
1,585 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $119,900 $76 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,158/month

6 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2019

Lower Unit will be open March 15th, so this property has potential for an owner occupied duplex. This Up and Down Duplex in Lincoln Park has newly updated LP Smartsiding, updated water heater and each unit will have their own parking spot. Conveniently located near bus lines, Restaurants and Breweries. Both are spacious 1 bedroom units. Electrical and heating are separate paid for by tenants, so all the owner has to pay for is water, sewer and garbage.

Last Agent to Sell the Property

Benjamin Funke

RE/MAX Results Listed on: 07/10/2019

RE/MAX Results

Last Buyer's Agent

Anissa Priley

Coldwell Banker Realty - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1893

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x140

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,585 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Stone Basement

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • Assessor Parcel Number 010-1140-02020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,602

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: 25th Ave W and 1st St.
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 75.65
  • Tax Year: 2018
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1585
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Laundry: Separate Room
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 2
  • MediaType: Multi-Family
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Stone
  • Basement Style: Partial
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1585

Exterior Features

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

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: 2019-07-10
  • Estimated Lot Dimensions: 25x140
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1140-02020

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA/DVA
  • Tenant Expense: Electric, Fuel

Tax Info

  • Tax Amount: 1602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 20, 2019
Sold by
Lind Nathan and Lind Tracey
Bought by
Larson Brock and Larson Emily
Seller's Agent
Benjamin Funke
RE/MAX Results
Buyer's Agent
Anissa Priley
Coldwell Banker Realty - Duluth
List Price
$119,900
Sold Price
$119,900
Total Days on Market
6
Current Estimated Value
$193,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,312
Avg. Annual Appreciation
9.91%
Original Mortgage
$115,700
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 4, 2015
Sold by
Robertz Vernon L
Bought by
Lind Nathan and Land Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 21, 2012
Sold by
Robertz Vernon L
Bought by
Lind Nathan and Lind Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Larson Brock $119,900 First American Title Ins Co
Lind Nathan $69,900 Consolidated Title & Abstrac
Lind Nathan $69,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Larson Brock $115,700
Previous Owner Lind Nathan $55,500
Previous Owner Lind Nathan $67,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $119,900 0.0% $76 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $119,900 -- $76 / 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 $1,586 $131,000 $15,300 $115,700
2022 $1,124 $119,700 $14,000 $105,700
2021 $1,106 $92,700 $3,900 $88,800
2020 $974 $92,700 $3,900 $88,800
2019 $1,702 $83,700 $3,500 $80,200
2018 $1,602 $83,700 $3,500 $80,200
2017 $1,174 $83,700 $3,500 $80,200
2016 $1,142 $77,100 $19,100 $58,000
2015 $1,172 $61,100 $14,700 $46,400
2014 $1,162 $61,100 $14,700 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084604

APN: 010114002020