$98,000
SOLD DEC 5, 2016

2902 Midway Rd Duluth, MN 55810

10 Acres
$9,665 Price per Acre
441,698 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

174 Days on Market

Highlights

  • Panoramic View
  • 10.14 Acre Lot
  • Fenced Yard
  • Proctor Senior High School Rated 9+
  • No HOA
  • 10 Acres of Pasture

About This Lot

As of June 2021

10 acres of land located in Midway Township. 15 minutes from downtown Duluth. Spectacular views, situated on west side of Maple Hill. Road access and Midway Road access. Fenced and gated. Electric service installed and active. Apple trees, hay field (aprox 300 square bales at first cutting).

Last Agent to Sell the Property

Greg Lawrence

Home Avenue Listed on: 06/07/2016

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $502

Lot Details

  • 10.14 Acre Lot
  • Elevated Lot
  • Fenced Yard
  • Few Trees

Parking

  • Gravel Driveway

Property Views

  • Panoramic
  • Valley

Farming

  • 10 Acres of Pasture

Utilities

  • Underground Utilities
  • Private or Community Septic Tank

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$502

Lot Details

0

Listing Details

  • Estimated Pasture Acres: 10
  • Estimated Wooded Acres: 0.14
  • Class: LOT/LAND
  • Senior Community: No
  • Directions: .
  • Hobby Farm: No
  • L O1 Office Phone1 Number: 952-929-7355
  • Planned Unit Development: No
  • New Development Plat Recorded: Yes
  • List Price/ Sq Ft: 9664.69
  • PropAdjoinsPublicLand: No
  • RdBtwnWtrfrnt: No
  • Property Sub-Type: Residential
  • Tax Year: 2016
  • View Type:Pond View: Valley, Panoramic
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Soil Type: Clay

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Available Utilities: Electric, Private Septic
  • On Site Utilities: Electric, Underground Utilities

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-05-01
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 10.14
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Improvements: Electric Fenced, Fenced Yard - Full
  • Lot Description: Tree Coverage - Light, High
  • Minimum Acres: 5

Rental Info

  • Lease Terms: Cash

Tax Info

  • Tax Amount: 502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 28, 2021
Sold by
Hanon Miles T and Hanon Elizabeth
Bought by
Oikari Rebecca J and Oikari Ryan J
Seller's Agent
Julie Sathers
JS Realty
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$529,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,894
Avg. Annual Appreciation
6.76%
Original Mortgage
$362,598
Outstanding Balance
$332,546
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$190,283

Purchase Details

Closed on
Oct 30, 2014
Sold by
Halvorson Eugene J and Halvorson Cindy L
Bought by
Hanon Miles T and Hanon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $399,900 Stewart Title Company
Warranty Deed $296,000 Consolidated Title & Abstrac
Deed $399,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $362,598 FHA
Previous Owner $320,000 New Conventional
Previous Owner $10,000 Credit Line Revolving
Previous Owner $235,000 New Conventional
Previous Owner $266,400 Adjustable Rate Mortgage/ARM
Previous Owner $185,000 Unknown
Closed $362,598 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $399,900 0.0% $150 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $399,900 +308.1% $150 / Sq Ft
12/05/2016 12/05/16 Sold $98,000 0.0% $74 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $98,000 -- $74 / 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 $4,440 $386,200 $64,900 $321,300
2022 $3,766 $360,600 $62,200 $298,400
2021 $3,666 $297,600 $60,300 $237,300
2020 $3,194 $292,500 $59,700 $232,800
2019 $2,880 $253,400 $52,300 $201,100
2018 $2,962 $236,600 $50,100 $186,500
2017 $2,706 $236,700 $50,200 $186,500
2016 $2,720 $222,400 $50,200 $172,200
2015 $2,840 $209,700 $48,400 $161,300
2014 $3,095 $234,200 $82,900 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6023022

APN: 450001002545