NOT LISTED FOR SALE

Estimated Value: $257,000 - $319,000

6 Beds
2 Baths
2,232 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $220,000 $99 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,532/month

6 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 4-minute walk to Congdon Park

About This Home

As of July 2022

Excellent opportunity for investors to own a duplex in Duluth. Each unit is 3 bed and 1 full bathroom. Newer building with maintenance free vinyl siding. Great rental history.

Last Agent to Sell the Property

Eric Sams

Messina & Associates Real Estate Listed on: 07/12/2022

Last Buyer's Agent

Jamie Sathers-Day

JS Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1995

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70x100

Parking

  • No Garage

Home Design

  • Duplex
  • Side-by-Side
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 010-1270-00330,010-1270-00320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,466

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: corner of 3rd ave W & 4th St
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 98.57
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2232
  • Garage Type: None
  • Heat: Baseboard, Electric
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • MediaType: Duplex
  • Year Built: 1995
  • 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: 2232

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-07-12
  • Estimated Lot Dimensions: 70x100
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-1270-00330,010-1270-00320

Rental Info

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

Tax Info

  • Tax Amount: 2466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Matt Jeffrey and Matt Debra
Bought by
Thibodaux Ryan D and Nguyen Poppy Nha-Hanh
Current Estimated Value
$275,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$234,979
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$154,629

Purchase Details

Listed on
Jul 12, 2022
Closed on
Jul 28, 2022
Sold by
Drew Shaine Llc
Bought by
Matt Jeffrey
Seller's Agent
Eric Sams
Messina & Associates Real Estate
Buyer's Agent
Jamie Sathers-Day
JS Realty
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Ccport Llc
Bought by
Drew Shaine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2018
Sold by
Center City Housing Corp
Bought by
Ccport Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
3.94%
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
Thibodaux Ryan D $320,000 First American Title
Thibodaux Ryan D $320,000 First American Title
Matt Jeffrey $220,000 North Shore Title
Drew Shaine Llc $589,000 North Shore Title
Drew Shaine Llc $589,000 North Shore Title
Ccport Llc $220,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thibodaux Ryan D $240,000
Closed Thibodaux Ryan D $240,000
Closed Ryan Dthibodaux $240,000
Previous Owner 20 Below Properties Llc $1,152,000
Previous Owner Drew Shaine Llc $471,200
Previous Owner Mcshane Timothy P $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $220,000 -4.3% $99 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $230,000 -- $103 / 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 $904 $52,900 $9,100 $43,800
2022 $30 $48,700 $8,400 $40,300
2021 $30 $1,500 $1,500 $0
2020 $30 $1,500 $1,500 $0
2019 $72 $1,500 $1,500 $0
2018 $68 $3,600 $3,600 $0
2017 $68 $3,600 $3,600 $0
2016 $66 $6,500 $6,500 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104184

APN: 010127000280