Seller's Agent in 2023
Chad Watczak
Edina Realty, Inc. - Duluth
(218) 349-0777
203 Total Sales
325 S Lake Ave Unit 1301 Duluth, MN 55802
Estimated Value: $426,576
2
Beds
2
Baths
1,339
Sq Ft
$268/mo
HOA Fee
Highlights
- Community Indoor Pool
- Elevator
- 1-Story Property
- 1 Fireplace
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of September 2023Now is the perfect opportunity to own a piece of Canal Park!! This 2 bed, 2 bath condo allows full or part time living options as well as the ability to collect excellent rental income. Features of this historic building include an open floor plan with exposed brick and beams, large jacuzzi tub, full kitchen, and gas fireplace. Both bedrooms offer king size beds and the living room and kitchen are nicely furnished. Ownership includes access to the amenities of the hotel including pool, hot tub, sauna, exercise room and breakfast bar. Watch the bustling activities of canal park all from your bedroom windows. Located int he heart of Canal Park, you are a short walk to the Lift Bridge, shopping, amazing restaurants and breweries and some of the most beautiful site seeing Duluth has to offer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,485
Year Built
- Built in 2007
Lot Details
- 1,394
HOA Fees
- $268 Monthly HOA Fees
Interior Spaces
- 1,339 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Living Room
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- Varies By Unit
- Parking Fee
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 010444400330
Community Details
Overview
- Association fees include maintenance structure, ground maintenance, parking, professional mgmt, snow removal
- Waterfront Plaza Condominium Association, Phone Number (218) 727-4663
- High-Rise Condominium
- Cic #29 Waterfront Plaza Condo Subdivision
Amenities
- Elevator
Recreation
- Community Indoor Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2023
Closed on
Oct 27, 2023
Sold by
Peters Stefanie
Bought by
Lake Superior Enterprises Llc
Seller's Agent
Chad Watczak
Edina Realty, Inc. - Duluth
Buyer's Agent
Ben Peters
Real Broker, LLC
List Price
$340,000
Sold Price
$380,000
Premium/Discount to List
$40,000
11.76%
Total Days on Market
5
Views
132
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,576
Avg. Annual Appreciation
7.35%
Original Mortgage
$304,000
Outstanding Balance
$229,254
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$197,322
Purchase Details
Listed on
Aug 18, 2023
Closed on
Sep 12, 2023
Sold by
Foster Diana L and Foster Robert F
Bought by
Peters Stefanie
Seller's Agent
Chad Watczak
Edina Realty, Inc. - Duluth
Buyer's Agent
Ben Peters
Real Broker, LLC
List Price
$340,000
Sold Price
$380,000
Premium/Discount to List
$40,000
11.76%
Views
132
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$229,254
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$197,322
Purchase Details
Closed on
Nov 19, 2009
Sold by
Canal Park Suites Llc
Bought by
Foster Robert F and Foster Diana L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lake Superior Enterprises Llc | $500 | Titlesmart | |
| Peters Stefanie | $380,000 | Title Team-North Shore | |
| Foster Robert F | $149,900 | Natl Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lake Superior Enterprises Llc | $304,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $380,000 | +11.8% | $284 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | For Sale | $340,000 | -- | $254 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,698 | $307,900 | $41,000 | $266,900 |
| 2022 | $4,114 | $310,300 | $41,000 | $269,300 |
| 2021 | $2,288 | $256,300 | $39,000 | $217,300 |
| 2020 | $2,360 | $147,800 | $7,900 | $139,900 |
| 2019 | $2,356 | $147,800 | $7,900 | $139,900 |
| 2018 | $2,288 | $147,800 | $7,900 | $139,900 |
| 2017 | $2,268 | $147,800 | $7,900 | $139,900 |
| 2016 | $2,188 | $147,800 | $7,900 | $139,900 |
| 2015 | $2,253 | $147,500 | $7,800 | $139,700 |
| 2014 | $2,253 | $147,500 | $7,800 | $139,700 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Watczak
-
Madeline Dusek
Seller Co-Listing Agent in 2023
Madeline Dusek
Edina Realty, Inc. - Duluth
(218) 390-3839
152 Total Sales
-
Ben Peters
Buyer's Agent in 2023
Ben Peters
Real Broker, LLC
(952) 220-5018
188 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6419921
APN: 010444400330
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