NOT LISTED FOR SALE

Estimated Value: $196,000 - $249,000

3 Beds
1.5 Baths
1,216 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $144,000 $118 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,321/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Living Room
  • 1 Car Detached Garage
  • Views
  • Bathroom on Main Level

About This Home

As of January 2022

Newer home (built in 2006) located in Lincoln Park just blocks away from the newly developed and growing craft district. Brand new carpet just got finished being installed and lots of new paint on the walls. Big spacious kitchen is filled with natural light and overlooks big fenced in backyard. All three bedrooms are a good size, and the basement has very tall ceilings and potential for finishing into additional usable space. There is a single car garage and an additional off-street parking pad next to it. This home has an appraised market value of $174,000, but is being sold for $30,000 below market value to income qualified households. An additional $15,000 in downpayment assistance is available based on need, which could lower the mortgage amount to $129,000. Home must be owner-occupied and buyer’s gross annual income cannot exceed the following (household size in parenthesis): $42,750 (1); 48,850 (2); $54,950 (3); $61,050 (4); $65,950 (5); $70,850 (6). Prospective buyers need to have mortgage pre-approval from North Shore Bank or US Bank, income documentation verification and completed Community Land Trust program application prior to signing purchase agreement. Homebuyer education class can be completed between purchase agreement & closing.

Last Agent to Sell the Property

Yoana Sol

1 Roof Community Housing Listed on: 11/04/2021

Last Buyer's Agent

Yoana Sol

1 Roof Community Housing Listed on: 11/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 2006

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Land Lease of $34

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-1140-02570

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,589

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Located in Lincoln Park at the corner of 27th Ave W and 2nd Street
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • List Price/ Sq Ft: 118.42
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1216
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2006
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1216
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Other

Garage/Parking

  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 14 X 24

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2021-11-04
  • Estimated Lot Dimensions: 40x140
  • Estimated Number of Acres: 0.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1140-02570

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 14, 2022
Sold by
Anderson Keely
Bought by
Mumma Jherek and Mumma Jennifer
Seller's Agent
Yoana Sol
1 Roof Community Housing
Buyer's Agent
Yoana Sol
1 Roof Community Housing
List Price
$144,000
Sold Price
$144,000
Current Estimated Value
$220,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,614
Avg. Annual Appreciation
12.12%
Original Mortgage
$5,500
Outstanding Balance
$5,127
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$215,487

Purchase Details

Closed on
Jun 23, 2005
Sold by
Caywood Duane W and Caywood Sandra M
Bought by
Northern Communities Land Trust

Purchase Details

Closed on
Aug 16, 2001
Sold by
Colbert Jerud and Colbert Melissa A
Bought by
Caywood Duane W and Caywood Sandra M
Source: Public Records

Range of Values:

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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
Mumma Jherek $159,200 --
Northern Communities Land Trust -- Arrowhead
Northern Communities Land Trust -- Arrowhead
Northern Communities Land Trust -- Arrowhead
Caywood Duane W $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mumma Jherek $5,500
Open Mumma Jherek $13,400
Open Mumma Jherek $129,000
Previous Owner Anderson Keely A $13,649
Previous Owner Anderson Keely A $114,000
Previous Owner Anderson Keely A $15,000
Previous Owner Anderson Keely A $2,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $144,000 0.0% $118 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $144,000 -- $118 / 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 $1,820 $184,700 $24,400 $160,300
2022 $2,366 $168,900 $22,400 $146,500
2021 $1,614 $122,000 $6,300 $115,700
2020 $1,440 $122,000 $6,300 $115,700
2019 $1,432 $110,200 $5,600 $104,600
2018 $1,336 $110,200 $5,600 $104,600
2017 $1,428 $110,200 $5,600 $104,600
2016 $1,398 $82,800 $2,900 $79,900
2015 $1,421 $88,800 $18,100 $70,700
2014 $1,421 $88,800 $18,100 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100489

APN: 010114002570