NOT LISTED FOR SALE
4 Beds
2 Baths
1,472 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: November 30, 2020

Last sale price $106,000 $72 Per Sq Ft

119 Days on Market

About This Home

As of November 2020

Well maintained duplex in Lincoln Park. Tenants responsible for electric and pay a portion (ratio-based) of the remaining utilities. Upper unit has a lease in place until spring of 2021 and the lower unit will be turning over in July 2020 giving the new owner a chance to increase rents to market rent. This duplex is solid, well maintained and cash flows nicely at current rents. Property is professionally managed and fills fast! This duplex can be purchased as package along with 5 N. 63rd Ave West (MLS#6091234).

Last Agent to Sell the Property

Aaron Harwood

Renters Warehouse Listed on: 06/29/2020

Last Buyer's Agent

Peter Hannegraf

North Point Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,183

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • No Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash, water, fuel, sewer
  • Assessor Parcel Number 010-4430-02460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,183

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Grand Ave. to Michigan Ave., 3 blocks left on Exeter.
  • L O1 Office Phone1 Number: 612-991-6881
  • Taxes With Assessments: 2208
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1472
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1472

Exterior Features

  • Exterior: Vinyl

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 25x125
  • Estimated Number of Acres: 0.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4430-02460

Rental Info

  • Tenant Expense: Cable TV, Electric, Trash, Water, Fuel, Sewer

Tax Info

  • Tax Amount: 2183

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Nov 30, 2020
Sold by
Yourplacerentals Llc
Bought by
Seller's Agent
Aaron Harwood
Renters Warehouse
Buyer's Agent
Peter Hannegraf
North Point Realty
List Price
$129,900
Sold Price
$106,000
Premium/Discount to List
-$23,900
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 16, 2017
Sold by
French Andrew J and French Dawn M
Bought by
Fitzsimmons Craig
Seller's Agent
Ronald Tondryk
Coldwell Banker Realty - Duluth
Buyer's Agent
Jordan DeCaro
RE/MAX Results
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$77,250
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2010
Sold by
French Andrew J and French Dawn M
Bought by
French Andrew J and French Dawn M

Purchase Details

Closed on
Dec 27, 2006
Sold by
Grover Russell H
Bought by
French Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,176
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2000
Sold by
Walker Tony M and Walker Jennifer
Bought by
Grover Russell H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,550
Interest Rate
9%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lincoln Park, MN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$106,000 First American Title Ins Co
Fitzsimmons Craig $103,000 Pioneer Abstract & Title Of
French Andrew J -- Rels Title
French Andrew J $105,000 Rels
Grover Russell H $69,500 Scenic Title
-- $106,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $300,000
Previous Owner Yourplacerentals Llc $81,200
Previous Owner Fitzsimmons Craig $77,250
Previous Owner French Andrew J $94,925
Previous Owner French Andrew J $104,176
Previous Owner Grover Russell H $62,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $106,000 -18.4% $72 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $129,900 +26.1% $88 / Sq Ft
08/18/2017 08/18/17 Sold $103,000 -6.3% $70 / Sq Ft View Prior Sale
07/06/2017 07/06/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $109,900 -- $75 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2024 $2,716 $142,300 $14,100 $128,200
2023 $2,406 $129,100 $13,500 $115,600
2022 $2,440 $118,000 $12,400 $105,600
2021 $2,146 $120,200 $6,200 $114,000
2020 $2,208 $108,100 $5,600 $102,500
2019 $1,994 $108,100 $5,600 $102,500
2018 $1,876 $98,200 $5,600 $92,600
2017 $1,728 $98,200 $5,600 $92,600
2016 $1,682 $90,600 $14,500 $76,100
2015 $1,715 $90,600 $14,500 $76,100
2014 $1,715 $90,600 $14,500 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091236

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