NOT LISTED FOR SALE

3131 Restormel St Duluth, MN 55806

Lincoln Park Neighborhood
5 Beds
2 Baths
2,040 Sq Ft
2,614 Sq Ft Lot

Last Sold June 30, 2016

Last sale price $67,000 $33 Per Sq Ft

61 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Elevated Lot
  • Porch
  • Forced Air Heating System
  • 5-minute walk to Harrison Park

About This Home

As of June 2016

Looking for a great Income Producer?!? Fully-Leased up/down duplex with hardwood floors, eat-in kitchens and off-street parking. Good rental History. Close to Bus-Line. Would work great as an Investment property or an Owner-Occupied Duplex. Let your Tenants pay your mortgage and then keep it as an Investment in the future! Call today for your private Showing! 24+Hour Notice required for Tenants.

Last Agent to Sell the Property

Mike Jorgensen

Edina Realty, Inc. - Duluth Listed on: 03/10/2016

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Jordan Decaro

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x107
  • Elevated Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-0330-00050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,379

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: W on 3rd St, right on Restormel Street
  • L O1 Office Phone1 Number: 218-728-7700
  • Remodeled Addition: No
  • Taxes With Assessments: 1404
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Amenities Exterior: Porch
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2040
  • F I R E P L A C E2: No
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Duplex
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2040

Exterior Features

  • Road Frontage: City, Curb/Gutters, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Asphalt

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Porch

Association/Amenities

  • AmenitiesOtherAmenities1: Internet Service, Hardwood Floors, Natural Woodwork, Cable TV
  • Association Fees Include:Amenities2: Internet Service, Hardwood Floors, Natural Woodwork, Cable TV
  • AmenitiesFireplace1: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 25X107
  • Estimated Number of Acres: 0.06
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 010-0330-00050

Tax Info

  • Tax Amount: 1379

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $67,000 -10.7% $33 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $75,000 -- $37 / 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 $2,128 $125,700 $12,400 $113,300
2023 $2,128 $114,200 $12,000 $102,200
2022 $2,312 $104,400 $11,000 $93,400
2021 $2,034 $113,800 $5,500 $108,300
2020 $2,092 $102,300 $4,900 $97,400
2019 $1,890 $102,300 $4,900 $97,400
2018 $1,778 $93,000 $4,900 $88,100
2017 $1,442 $93,000 $4,900 $88,100
2016 $1,404 $2,700 $2,700 $0
2015 $1,430 $75,400 $12,400 $63,000
2014 $1,430 $75,400 $12,400 $63,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Jorgensen

    Seller's Agent in 2016

    Mike Jorgensen

    Edina Realty, Inc. - Duluth

    (218) 428-8808

    2 in this area

    51 Total Sales

    Mike Jorgensen
    Section Image

  • J

    Buyer's Agent in 2016

    Jordan Decaro

    RE/MAX

    (218) 722-2810

    10 in this area

    279 Total Sales

    Jordan Decaro
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020776

Minnesota St Louis County Duluth 55806 Lincoln Park

3131 Restormel St, Duluth, MN

Not Listed for Sale

MultiFamily

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