NOT LISTED FOR SALE

318 N 85th Ave W Duluth, MN 55807

Norton Park Neighborhood

Estimated Value: $257,000 - $387,000

4 Beds
2 Baths
1,100 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 318 N 85th Ave W, Duluth, MN 55807 and is currently estimated at $293,107, approximately $266 per square foot. 318 N 85th Ave W is a home located in St. Louis County with nearby schools including Stowe Elementary School, Lincoln Park Middle School, and Denfeld High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Neumann Shawn W and Neumann Shawn M
Bought by
Capgrow Holdings Jv Sub V Llc
Current Estimated Value
$293,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,218,000
Outstanding Balance
$25,052,418
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
-$24,744,940

Purchase Details

Closed on
Jul 29, 2005
Sold by
Lane Gary A and Lane Roberta J
Bought by
Neumann Shawn W and Neumann Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Capgrow Holdings Jv Sub V Llc $535,000 First National T&E
Capgrow Hodngs Jv Sub V Llc $535,000 None Available
Neumann Shawn W $215,000 Rels
Neumann Shawn W $215,000 Rels
-- $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capgrow Holdings Jv Sub I Llc $41,218,000
Closed Capgrow Holdings Jv Sub I Llc $41,218,000
Previous Owner Neumann Shawn W $172,000
Closed -- $535,000
Source: Public Records

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 $3,508 $241,600 $5,900 $235,700
2022 $3,912 $298,800 $8,000 $290,800
2021 $3,830 $236,700 $6,300 $230,400
2020 $3,732 $236,700 $6,300 $230,400
2019 $3,308 $224,100 $6,000 $218,100
2018 $2,460 $199,900 $6,000 $193,900
2017 $2,458 $158,600 $8,200 $150,400
2016 $2,398 $97,200 $16,300 $80,900
2015 $2,445 $158,600 $8,200 $150,400
2014 $2,445 $158,600 $8,200 $150,400
Source: Public Records

Map

Minnesota St Louis County Duluth 55807 Norton Park

318 N 85th Ave W, Duluth, MN

This home is located at 318 N 85th Ave W, Duluth, MN 55807 and is currently estimated at $293,107, approximately $266 per square foot. 318 N 85th Ave W is a home located in St. Louis County with nearby schools including Stowe Elementary School, Lincoln Park Middle School, and Denfeld High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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