NOT LISTED FOR SALE

Estimated Value: $439,000 - $596,000

7 Beds
3 Baths
3,117 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $230,000 $74 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,032/month

Highlights

  • Ranch Style House
  • Lower Floor Utility Room
  • Views
  • Congdon Elementary School Rated A-
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of July 2016

This 7 bedroom - 3 bath student rental house is larger than it looks!! Featuring a 6 bedroom multi-tenant license - big rooms - 2 full baths and a 3/4 bath. Plenty of off-street parking and two car tuck under garage. Solid rental history - current rent is $2,400 plus all utilities - leased through May 31, 2017.

Last Agent to Sell the Property

Michael Hoffman

Michael Hoffman Realty Listed on: 04/26/2016

Last Buyer's Agent

Michael Hoffman

Michael Hoffman Realty Listed on: 04/26/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1968

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 75 x 125

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Garage
  • Tuck Under Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010-1380-00495

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Up Woodland Right on Kent
  • L O1 Office Phone1 Number: 218-722-2810
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Cable TV
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2417
  • Below Grade Finished Sq Ft: 700
  • Garage Type: Tuckunder
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 7
  • Year Built: 1968
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Main
  • Bathroom 3 Level: Lower
  • Bathroom Description: 3/4 Master
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3117

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Cement Board

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 75 x 125
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1380-00495

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 11, 2016
Sold by
Murrin John O and Murrin Devonna K
Bought by
Mereddy Suresh and Mereddy Sirisha
Seller's Agent
Michael Hoffman
Michael Hoffman Realty
Buyer's Agent
Michael Hoffman
Michael Hoffman Realty
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$494,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,991
Avg. Annual Appreciation
8.60%
Original Mortgage
$172,500
Outstanding Balance
$136,887
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$358,104

Purchase Details

Closed on
Mar 3, 2006
Sold by
Andre Rex Merrit
Bought by
Murrin John Owen and Murrin Devonna Kae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Mereddy Suresh $230,000 Stewart Title
Murrin John Owen $193,000 Rels Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mereddy Suresh $172,500
Previous Owner Murrin John Owen $154,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $230,000 0.0% $74 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $230,000 -- $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
2024 $5,292 $385,700 $46,700 $339,000
2023 $5,292 $372,700 $46,100 $326,600
2022 $4,484 $328,400 $40,900 $287,500
2021 $4,392 $271,600 $33,400 $238,200
2020 $4,426 $271,600 $33,400 $238,200
2019 $4,320 $266,000 $30,300 $235,700
2018 $4,042 $261,600 $30,300 $231,300
2017 $3,728 $261,600 $30,300 $231,300
2016 $3,636 $0 $0 $0
2015 $3,738 $243,100 $39,600 $203,500
2014 $3,738 $243,100 $39,600 $203,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021809

APN: 010138000495