NOT LISTED FOR SALE

3061 Restormel St Duluth, MN 55806

Lincoln Park Neighborhood

Estimated Value: $146,000 - $207,589

3 Beds
2 Baths
1,028 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2022

Last sale price $145,000 $141 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,067 / mo

35 Days on Market

Highlights

  • 0.2 Acre Lot
  • No HOA
  • Porch
  • Traditional Architecture
  • Formal Dining Room
  • 3-minute walk to Harrison Park

About This Home

As of September 2022

Newly renovated home has appraised value of $200,000 but is being sold $55,000 below market value through the Community Land Trust program to income qualified households. Home must be owner-occupied and buyer’s gross household annual income cannot exceed the following (household size in parenthesis): $47,800 (1); 54,600 (2); $61,450 (3); $68,250 (4); $73,750 (5); $79,200 (6).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 06/29/2022

Co-Listed By

Yoana Sol

1 Roof Community Housing

Last Buyer's Agent

Julie Carlson

RE/MAX Results License #MN 40472620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 1924

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62.5 x 110
  • Land Lease of $34

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 1,028 Sq Ft Home
  • Multi-Level Property
  • Vinyl Clad Windows
  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-4570-02040, 02060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,601

Year Built

Built in 1924

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 27th Ave W to 3rd St to Restormel St
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1028
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1924
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Upper
  • Formal Dining: Eat-In Kitchen, Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1028
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Steel
  • Window Features:Insulated Windows: Vinyl Frame

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 62.5 x 110
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4570-02040, 02060

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1601

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, 2022
Closed on
Sep 8, 2022
Sold by
Bought by
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Julie Carlson
RE/MAX Results
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$171,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,897
Avg. Annual Appreciation
4.59%
Original Mortgage
$145,000
Outstanding Balance
$137,414
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$34,483

Purchase Details

Closed on
Aug 31, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$200,000 --
$140,000 First American Title
$140,000 First American Title
$105,000 None Available
$45,539 Slctco
$59,150 None Available
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
Open $145,000
Previous Owner $131,200
Closed $0
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
09/08/2022 09/08/22 Sold $145,000 0.0% $141 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $145,000 -- $141 / 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 $1,728 $176,000 $18,700 $157,300
2023 $1,498 $159,800 $17,900 $141,900
2022 $1,516 $146,100 $16,500 $129,600
2021 $1,292 $114,800 $8,200 $106,600
2020 $1,640 $103,400 $7,400 $96,000
2019 $1,154 $103,400 $7,400 $96,000
2018 $1,068 $94,100 $7,400 $86,700
2017 $1,230 $94,100 $7,400 $86,700
2016 $1,206 $103,700 $10,100 $93,600
2015 $1,206 $75,800 $7,400 $68,400
2014 $1,206 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    6 in this area

    86 Total Sales

    Jim Philbin
    Section Image

  • Y

    Seller Co-Listing Agent in 2022

    Yoana Sol

    1 Roof Community Housing

    (218) 727-8604

    9 in this area

    90 Total Sales

    Yoana Sol
    Section Image
  • Julie Carlson

    Buyer's Agent in 2022

    Julie Carlson

    RE/MAX

    (218) 349-5503

    2 in this area

    52 Total Sales

    Julie Carlson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103900

APN: 010457002040

Minnesota St Louis County Duluth 55806 Lincoln Park

3061 Restormel St, Duluth, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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