NOT LISTED FOR SALE

Estimated Value: $284,330

2 Beds
2 Baths
1,974 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $77,400 $39 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $1,868/month

77 Days on Market

Highlights

  • Lake View
  • Eat-In Kitchen
  • Property is near a preserve or public land
  • Deck
  • Woodwork
  • Baseboard Heating

About This Home

As of November 2017

NEW PRICE! Great investment opportunity! Close to everything downtown: hospitals, shopping, food, nightlife, churches, Canal Park and bus line. Terrific rental history and current lease runs until June 2018....instant cash flow!! This up/down duplex offers one bdrm, dining room, kitchen, liv rm, bdrm, bath and laundry in each unit. There are newer vinyl windows throughout, roof in 2002 and updated electrical. There is plenty of space to park on 1st St or in the alley with your own OSP. Current rental license expires June 2018. Don't hesitate on this property! Call today and start making money tomorrow!

Last Listed By

Tom Henderson

RE/MAX Results Listed on: 06/29/2017

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1891

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25 x 140
  • Elevated Lot
  • Few Trees

Property Views

  • Lake
  • City Lights

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Aluminum Siding
  • Cement Board or Planked

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Woodwork

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Property is near a preserve or public land

Listing and Financial Details

  • Tenant pays for internet service, cable TV, electric, trash, fuel
  • Assessor Parcel Number 010-3830-03290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,441

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: W on 1st St off of 4th Ave W to house on Right
  • L O1 Office Phone1 Number: 218-722-7710
  • List Price/ Sq Ft: 39.21
  • PropAdjoinsPublicLand: Yes
  • Taxes With Assessments: 1466
  • Tax Year: 2017
  • View Type:Pond View: Lake Superior, City Lights, Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Appliances 1: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Appliances 2: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1974
  • F I R E P L A C E2: No
  • Garage Type: None
  • Heat: Baseboard, Electric
  • Laundry: Main Floor Laundry
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 2
  • MediaType: Duplex
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Stone
  • Estimated Basement Sq Ft: 987
  • Basement Style: Partial
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1974

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Aluminum, Cement Board, Wood

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesOtherAmenities1: Internet Service, Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups, Cable TV
  • Association Fees Include:Amenities2: Internet Service, Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups, Cable TV
  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-11-07
  • Estimated Lot Dimensions: 25 X 140
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Telephone, High
  • Parcel Number: 010-3830-03290

Rental Info

  • Lease Terms: Cash, Conventional, FHA
  • Tenant Expense: Internet Service, Cable TV, Electric, Trash, Fuel

Tax Info

  • Tax Amount: 1441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Jsj Usa Enterprises Llc
Bought by
Smdc Medical Center
Total Days on Market
77
Current Estimated Value
$284,330

Purchase Details

Listed on
Jun 29, 2017
Closed on
Nov 7, 2017
Sold by
Florey Richard L
Bought by
Sundvall Jayson W
Seller's Agent
Tom Henderson
RE/MAX Results
Buyer's Agent
Jon Nelson
Market Point Real Estate
List Price
$89,900
Sold Price
$77,400
Premium/Discount to List
-$12,500
-13.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,050
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2003
Sold by
Nikka Clifford A
Bought by
Florey Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.78%
Mortgage Type
Commercial

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
Smdc Medical Center $186,000 None Available
Sundvall Jayson W $77,400 North Shore Titel Llc
Florey Richard L $40,000 Ati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sundvall Jayson W $58,050
Previous Owner Florey Richard L $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $77,400 -13.9% $39 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $89,900 -- $46 / 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
2022 $2,126 $94,500 $94,500 $0
2021 $1,960 $94,500 $94,500 $0
2020 $1,840 $98,600 $11,200 $87,400
2019 $1,826 $89,800 $10,200 $79,600
2018 $1,692 $89,800 $10,200 $79,600
2017 $1,466 $88,500 $10,200 $78,300
2016 $1,426 $6,900 $6,900 $0
2015 $1,453 $76,600 $13,800 $62,800
2014 $1,453 $76,600 $13,800 $62,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6029994

APN: 010383003290