2606 W 2nd St Duluth, MN 55806
Lincoln Park NeighborhoodEstimated Value: $191,000 - $211,000
3
Beds
1.5
Baths
1,216
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Porch
- Living Room
- 1 Car Detached Garage
- Views
- Bathroom on Main Level
About This Home
As of January 2022Newer 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.
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
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
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,046
Avg. Annual Appreciation
10.86%
Original Mortgage
$5,500
Outstanding Balance
$5,127
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$198,919
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
Similar Homes in Duluth, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Yoana Sol
Y
Seller's Agent in 2022
Yoana Sol
1 Roof Community Housing
(218) 727-8604
9 in this area
63 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6100489
APN: 010114002570
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