NOT LISTED FOR SALE

320 6th St Duluth, MN 55810

Estimated Value: $100,000 - $185,000

6 Beds
3 Baths
1,990 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $132,500 $67 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $772/month

62 Days on Market

About This Home

As of May 2017

Make extra income with these 2 rental properties! 320 6th St is a single family rental, and rents at $695/month. Includes 2 bedrooms, 1 full bath, a kitchen with dining area, and a living room. Unfinished basement includes washer and dryer. 322 6th St is an up and down duplex (2 separate units) with the upper unit renting at $595/month and the lower unit renting at $625/mo. Unit #1 includes a large living room, a sun room (sometimes used as an additional bedroom), a bedrooms, a full bath, and an eat-in kitchen. Unit #2 includes 2 bedrooms, 1 full bath, a living room, dining room, and a kitchen. Unfinished basement includes washer and dryer hookups. Tenants pay all utilities: water, sewer, gas, garbage, electric.

Last Agent to Sell the Property

Frank Messina

Messina & Associates Real Estate Listed on: 02/08/2017

Last Buyer's Agent

Darren Hansey

Edmunds Company, LLP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1916

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 127x101

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,990 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • No Garage
  • On-Street Parking

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, water, fuel
  • Assessor Parcel Number 185013000680; 690; 700; 710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,598

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Take Proctor Exit, Right on 6th St, destination on Right.
  • L O1 Office Phone1 Number: 218-728-4436
  • Taxes With Assessments: 2648
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1990
  • F I R E P L A C E2: No
  • Upper Level Totals:Fireplace3: No
  • Garage Type: None
  • Heat: Boiler, Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • MediaType: Multi-Family
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1990

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Other

Garage/Parking

  • Parking Driveway: Street

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesFireplace1: No

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 127x101
  • Estimated Number of Acres: 0.29
  • Cultivated Acreage: LSAR
  • Geo Match Code: 1
  • Parcel Number: 185013000680; 690; 700; 710

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Water, Fuel

Tax Info

  • Tax Amount: 2598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 31, 2017
Sold by
Hansmeyer Leonard J and Hansmeyer Ardell K
Bought by
Vip Rentals Llc
Seller's Agent
Frank Messina
Messina & Associates Real Estate
Buyer's Agent
Darren Hansey
Edmunds Company, LLP
List Price
$149,500
Sold Price
$132,500
Premium/Discount to List
-$17,000
-11.37%
Current Estimated Value
$127,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,370
Avg. Annual Appreciation
-0.48%
Original Mortgage
$106,000
Outstanding Balance
$55,018
Interest Rate
4.02%
Mortgage Type
Unknown
Estimated Equity
$72,112
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Vip Rentals Llc $42,500 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vip Rentals Llc $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $132,500 -11.4% $67 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $149,500 -- $75 / 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 $1,274 $77,100 $6,400 $70,700
2023 $1,274 $66,300 $4,800 $61,500
2022 $1,140 $59,100 $4,800 $54,300
2021 $1,118 $55,800 $4,500 $51,300
2020 $1,074 $54,600 $4,400 $50,200
2019 $888 $51,000 $4,400 $46,600
2018 $906 $51,900 $20,500 $31,400
2017 $848 $51,900 $20,500 $31,400
2016 $800 $49,900 $20,500 $29,400
2015 $616 $47,600 $19,500 $28,100
2014 $616 $40,500 $19,200 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6026838

APN: 185013000710