NOT LISTED FOR SALE

3050 Spring Lake Rd Duluth, MN 55803

Estimated Value: $134,000 - $263,000

1 Bed
-- Bath
480 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $87,700 $183 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,023/month

22 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Docks
  • Deck
  • Lakewood Elementary School Rated 9+
  • Lake View
  • Ranch Style House

About This Home

As of May 2015

Enjoy the tranquility of this summer retreat- Clean, Cute and Quiet. Not leased land! Very well maintained, wrap around deck, screen house, updated electrical, new windows, doors, refrigerator & new outhouse with compliance certificate. Furnishings can stay. Seller just put in new support beams under cabin. 98 acre Lake has walleye, northern, perch and blue gill. Concrete launch just down the road. Only 18 miles from town. Hurry this is a rare opportunity..

Last Agent to Sell the Property

Michelle Ryan

RE/MAX Results Listed on: 04/01/2015

RE/MAX Results

Last Buyer's Agent

Gloria Smith

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1950

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 100x562
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Unpaved Streets
  • Few Trees

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1 Bedroom
  • 480 Sq Ft Home
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck
  • Storage Shed
  • Outhouse

Utilities

  • Baseboard Heating
  • Water Not Available
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 488-0401-00020 & 488-0400-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Jean Duluth R on Normanna Rd just past North Star Town Hall/ recycling center Spring Lake Rd on the left. follow that to cabin
  • Waterfront Info Lake Maximum Depth: 25
  • L O1 Office Phone1 Number: 218-722-8221
  • ShorelineCharacteristics: Hard
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Twp Number: 53
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 480
  • Garage Type: None
  • Heat: Baseboard, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 1
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: Posts
  • Bathroom Description: None
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Fireplace: No
  • Bathroom 1: Bedroom
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Kitchen
  • Stories: 1 Story
  • Total Fin Square Footage: 480
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 98.36
  • Out Buildings: Screenhouse, Storage Shed
  • Road Frontage: Private, Unpaved
  • Water Frontage In Feet: 100
  • Waterfront Name: Spring
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Coop Power & Light
  • Sewer: None, Outhouse
  • Water: None

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 100X562
  • Estimated Number of Acres: 1.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Light
  • Parcel Number: 488-0401-00020 & 488-0400-00020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Ann Beebe Jacqueline
Bought by
Welch Mark W
Current Estimated Value
$179,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$34,655
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$144,583

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 27, 2015
Sold by
Hastings Eric F
Bought by
Welch Mark W and Welch Jacqueline B
Seller's Agent
Michelle Ryan
RE/MAX Results
Buyer's Agent
Gloria Smith
Edmunds Company, LLP
List Price
$87,700
Sold Price
$87,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$61,390
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 14, 2012
Sold by
Taly Patricia
Bought by
Hastings Eric F
Seller's Agent
Michelle Ryan
CENTURY 21 Gilderman
Buyer's Agent
Michelle Ryan
CENTURY 21 Gilderman
List Price
$89,900
Sold Price
$79,900
Premium/Discount to List
-$10,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
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
Welch Mark W $3,000 Stewart Title Company
Welch Mark W $90,400 Stewart Title Company
Hastings Eric F $79,900 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Mark W $40,000
Previous Owner Welch Mark W $61,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2015 05/27/15 Sold $87,700 0.0% $183 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $87,700 +9.8% $183 / Sq Ft
05/14/2012 05/14/12 Sold $79,900 -11.1% $166 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $89,900 -- $187 / 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 $1,014 $97,800 $63,900 $33,900
2023 $1,014 $97,800 $63,900 $33,900
2022 $1,026 $92,900 $60,700 $32,200
2021 $862 $81,900 $55,000 $26,900
2020 $888 $71,400 $48,900 $22,500
2019 $860 $71,400 $48,900 $22,500
2018 $848 $68,800 $47,600 $21,200
2017 $852 $68,900 $47,700 $21,200
2016 $928 $68,900 $47,700 $21,200
2015 $982 $75,900 $53,400 $22,500
2014 $982 $75,900 $53,400 $22,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6015204

APN: 488040000020