NOT LISTED FOR SALE

3124 Vernon St Duluth, MN 55806

Lincoln Park Neighborhood

Estimated Value: $143,000 - $182,000

2 Beds
1 Bath
1,051 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $101,000 $96 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,053/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Views
  • Corner Lot
  • Porch
  • 3-minute walk to Harrison Park

About This Home

As of August 2021

Charming and well-kept 2-bedroom bungalow in the upcoming Lincoln Park Neighborhood. This home was completely renovated in 2008 and boasts ample natural lighting. There is also a brand new water heater that was installed in February 2021. Home is being sold $33,000 below market value to income qualified households. Purchase with as little as $1500 out of pocket. Additional $16,250 in down payment assistance is available to qualified buyers based on need. Home must be owner-occupied and buyer’s gross annual income cannot exceed the following (household size in parenthesis): $42,750 (1); 48,850 (2); $54,950 (3); $61,050 (4); $65,950 (5); $70,850 (6). Prospective buyers need to have mortgage pre-approval from North Shore Bank or US Bank, income documentation verification and completed Community Land Trust program application prior to signing purchase agreement. Homebuyer education class can be completed between purchase agreement & closing.

Last Agent to Sell the Property

Yoana Sol

1 Roof Community Housing Listed on: 07/06/2021

Last Buyer's Agent

Kristi DuCharme

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1918

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 50x50
  • Corner Lot
  • Land Lease of $34

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,051 Sq Ft Home
  • Multi-Level Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-4570-01480

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Year Built

Built in 1918

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Taking I35 S from downtown Duluth, Exit R on 27th Ave W., take 27th Ave W to 3rd St. R on 3rd St, take R on Pacific Ave. Home is on SE corner of Pacific Ave and Vernon St.
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1051
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Electric
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1918
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Foyer
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1051
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Curb/Gutters
  • Construction Status: Previously Owned
  • Exterior: Metal

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 50x50
  • Estimated Number of Acres: 0.06
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-4570-01480

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2008
Sold by
Schiltz Rose
Bought by
Northern Communities Land Trust
Current Estimated Value
$166,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Northern Communities Land Trust $23,400 Arrow Abst
Fedo Ashley Ashley $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Northern Communities Land Trust $71,250
Closed Fedo Ashley Ashley $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2021 08/26/21 Sold $101,000 0.0% $96 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $101,000 +44.5% $96 / Sq Ft
02/23/2016 02/23/16 Sold $69,900 0.0% $67 / Sq Ft View Prior Sale
01/13/2016 01/13/16 Pending -- -- --
06/25/2015 06/25/15 For Sale $69,900 -- $67 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,356 $140,000 $11,200 $128,800
2023 $2,356 $126,900 $10,700 $116,200
2022 $1,746 $116,000 $9,800 $106,200
2021 $1,542 $104,800 $4,900 $99,900
2020 $1,586 $94,300 $4,400 $89,900
2019 $1,430 $94,300 $4,400 $89,900
2018 $1,340 $85,600 $4,400 $81,200
2017 $1,276 $85,600 $4,400 $81,200
2016 $846 $81,500 $11,600 $69,900
2015 $857 $51,600 $7,400 $44,200
2014 $857 $51,600 $7,400 $44,200
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    Yoana Sol

    1 Roof Community Housing

    (218) 727-8604

    9 in this area

    86 Total Sales

    Yoana Sol
    Section Image
  • Kristi DuCharme

    Buyer's Agent in 2021

    Kristi DuCharme

    RE/MAX

    (218) 269-9750

    6 in this area

    34 Total Sales

    Kristi DuCharme
    Section Image

  • A

    Seller's Agent in 2016

    Adam Palan

    1 Roof Community Housing

  • J

    Buyer's Agent in 2016

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    7 in this area

    93 Total Sales

    Jim Philbin
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098140

APN: 010457001480

Minnesota St Louis County Duluth 55806 Lincoln Park

3124 Vernon St, Duluth, MN

Not Listed for Sale

Detached

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