NOT LISTED FOR SALE

3129 Restormel St Duluth, MN 55806

Lincoln Park Neighborhood

Estimated Value: $183,000 - $200,000

3 Beds
1 Bath
1,017 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $99,900 $98 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,102/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Dehumidifier
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • 5-minute walk to Harrison Park

About This Home

As of July 2019

New updates to this home in 2019 include new high efficiency furnace, new basement windows, new kitchen appliances, new interior doors on second floor, new rebuilt front porch with helical piers, new sewer lining, new metal wrap on exterior soffit, fascia, windows & doors. Home has market value of $115,000 but is being sold $15,000 below value to income qualified buyers. Approximate house payment (includes principal, interest, property taxes, homeowner insurance and land lease fee) of $750 per month. Purchase with as little as $1500 out of pocket. Additional $8500 down payment assistance available based on need. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $40,550 (1); 46,350 (2); $52,150 (3); $57,900 (4); $62,550 (5); $67,200 (6).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 06/14/2019

Last Buyer's Agent

Chad Watczak

Edina Realty, Inc. - Duluth

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1902

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 107
  • Land Lease of $33

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,017 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-0330-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Grand Ave to Restormel St
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 33
  • List Price/ Sq Ft: 98.23
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1017
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1902
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator, Dehumidifier
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Utility Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1017
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-06-14
  • Estimated Lot Dimensions: 25 x 107
  • Estimated Number of Acres: 0.06
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-0330-00040

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Mar 22, 2019
Sold by
Lick David A and Lick Mary Ann
Bought by
One Roof Community Housing
Seller's Agent
Frank Messina
Messina & Associates Real Estate
Buyer's Agent
Jim Philbin
1 Roof Community Housing
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$190,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,211
Avg. Annual Appreciation
7.47%
Original Mortgage
$88,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
One Roof Community Housing $100,000 Arrowhead Abstract & Ttl Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed One Roof Community Housing $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $99,900 0.0% $98 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $99,900 -0.1% $98 / Sq Ft
03/22/2019 03/22/19 Sold $100,000 0.0% $99 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $100,000 -- $99 / 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
2023 $1,168 $131,400 $12,000 $119,400
2022 $1,376 $120,100 $11,000 $109,100
2021 $1,214 $82,300 $5,500 $76,800
2020 $1,250 $74,000 $4,900 $69,100
2019 $1,132 $74,000 $4,900 $69,100
2018 $1,060 $67,400 $4,900 $62,500
2017 $1,204 $67,400 $4,900 $62,500
2016 $1,176 $277,600 $33,300 $244,300
2015 $1,195 $76,900 $12,400 $64,500
2014 $1,195 $76,900 $12,400 $64,500
Source: Public Records

Agents Affiliated with this Home

  • Frank Messina

    Seller's Agent in 2019

    Frank Messina

    Messina & Associates Real Estate

    (218) 349-2140

    1 in this area

    137 Total Sales

    Frank Messina
    Section Image

  • J

    Seller's Agent in 2019

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    6 in this area

    101 Total Sales

    Jim Philbin
    Section Image
  • Chad Watczak

    Buyer's Agent in 2019

    Chad Watczak

    Edina Realty, Inc. - Duluth

    (218) 349-0777

    9 in this area

    201 Total Sales

    Chad Watczak
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083858

APN: 010033000040

Minnesota St Louis County Duluth 55806 Lincoln Park

3129 Restormel St, Duluth, MN

This home is located at 3129 Restormel St, Duluth, MN 55806 since 14 June 2019 and is currently estimated at $190,211, approximately $187 per square foot. This property was built in 1902. 3129 Restormel St is a home located in St. Louis County with nearby schools including Lincoln Park Middle School, Denfeld High School, and Raleigh Edison Charter School.

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