NOT LISTED FOR SALE

3116 Lyman St Duluth, MN 55806

Lincoln Park Neighborhood

Estimated Value: $231,000 - $272,000

2 Beds
2 Baths
1,800 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $40,000 $22 Per Sq Ft

Est. 542% increase in value since last sale

Current estimated payment $1,597/month

56 Days on Market

Highlights

  • Lake View
  • 1 Car Detached Garage
  • Under Construction
  • 0.28 Acre Lot
  • Forced Air Heating System

About This Home

As of March 2016

Lake View! Opportunity knocks in this up and down duplex! Lower unit is unfinished with lots of potential!

Last Agent to Sell the Property

Frank Messina

Messina & Associates Real Estate Listed on: 12/22/2015

Last Buyer's Agent

Michael Steffes

National Realty Guild

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1921 | Under Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x125

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Multi-Level Property
  • Lake Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-3130-01170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$649

Year Built

Built in 1921 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Wellington St to Anson Ave to Lyman St to 3116
  • L O1 Office Phone1 Number: 218-728-4436
  • Taxes With Assessments: 674
  • Tax Year: 2015
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1800
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Parking Number Garage Spaces: 1
  • TotalBedrooms: 2
  • MediaType: Duplex
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1800

Exterior Features

  • Construction Status: Under Construction
  • Exterior: Aluminum

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 100x125
  • Estimated Number of Acres: 0.28
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3130-01170

Rental Info

  • Lease Terms: Cash

Tax Info

  • Tax Amount: 649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Current Estimated Value
$256,653

Purchase Details

Closed on
Apr 15, 2015
Sold by
Jackson Sara B and Jackson Larry A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 17, 2006
Sold by
Vollman Diane H
Bought by
Jackson Larry A and Jackson Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,525
Interest Rate
6.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $106,000 None Available
Jackson Larry A $119,500 Pioneer Abst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Larry A $113,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $40,000 -19.8% $22 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $49,900 -- $28 / 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 $2,966 $205,400 $41,800 $163,600
2023 $2,966 $187,600 $40,100 $147,500
2022 $1,712 $171,600 $36,800 $134,800
2021 $2,496 $125,900 $26,300 $99,600
2020 $2,770 $125,900 $26,300 $99,600
2019 $2,946 $125,900 $26,300 $99,600
2018 $2,516 $132,200 $27,600 $104,600
2017 $1,266 $132,200 $27,600 $104,600
2016 $662 $9,000 $9,000 $0
2015 -- $39,600 $23,700 $15,900
2014 -- $39,600 $23,700 $15,900
Source: Public Records

Agents Affiliated with this Home

  • Frank Messina

    Seller's Agent in 2016

    Frank Messina

    Messina & Associates Real Estate

    (218) 349-2140

    1 in this area

    131 Total Sales

    Frank Messina
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Steffes

    National Realty Guild

    (218) 940-6353

    7 in this area

    49 Total Sales

    Michael Steffes
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6019696

APN: 010313001170

Minnesota St Louis County Duluth 55806 Lincoln Park

3116 Lyman St, Duluth, MN

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