NOT LISTED FOR SALE

325 S Lake Ave Unit 3 Duluth, MN 55802

Estimated Value: $752,000 - $887,000

2 Beds
2 Baths
1,325 Sq Ft
$616/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $299,000 $226 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,700/month

7 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Beamed Ceilings
  • Lake View
  • Community Spa
  • Wood Frame Window

About This Home

As of November 2018

The unit is sold furnished, has 10' high wood beamed ceilings and brick accents. These units come up infrequently. Be where the action is in Canal Park near restaurants, shopping and Lake Superior. Take advantage of the potential rental income by being a part of the rental pool. Access to amenities within the complex including indoor pool, whirlpool, sauna, etc.

Last Listed By

John Sillanpa

F.I. Salter Real Estate Listed on: 08/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 2001

HOA Fees

  • $180 Monthly HOA Fees

Property Views

  • Lake
  • City Lights
  • Limited

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Parking

  • No Garage
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles
  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010-4444-00360

Community Details

Overview

  • Association fees include gas, recreation facilities, trash, water, air conditioning, building insurance, cable/satellite, heat

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,147

Year Built

Built in 2001

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 325 South Lake Avenue. Park behind building or on street Go to the suites desk.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-722-5556
  • List Price/ Sq Ft: 225.66
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2018
  • View Type:Pond View: Lake Superior, City Lights, Limited
  • Lot Description Waterfront: No
  • Ada Features: Door Lever Handles, Elevator, No Stairs Internal
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Beamed Ceilings, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Brick
  • FinFootageAboveGrade: 1325
  • Garage Type: None
  • Heat: Fireplace, Forced Air, Natural Gas
  • Fireplaces: 1
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 2001
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: 1
  • Level 2 Three Quarter Bathrooms: 1
  • Formal Dining: Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1325
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick
  • Pool: In-Ground, Heated, Indoor, Shared
  • Window Features:Insulated Windows: Double Glazed, Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Shared: Elevator(s), Fire Sprinkler System, Hot Tub, Sauna, Business Center, Exercise Room
  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 180.38

Fee Information

  • Association Fee Includes: Gas, Recreation Facilities, Trash, Water, Air Conditioning, Building Insurance, Cable/Satellite, Heat

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-08-23
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4444-00360

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Kovatovich Mary Lou
Bought by
Kovatovich Jean
Total Days on Market
7
Current Estimated Value
$816,719

Purchase Details

Closed on
Apr 6, 2022
Sold by
Wheeler Heffernan Llc
Bought by
Thickens Margaret A

Purchase Details

Closed on
Apr 2, 2021
Sold by
Wheeler Andrew H
Bought by
Wheeler Heffernan Llc

Purchase Details

Closed on
Dec 13, 2012
Sold by
Wheeler Thomas B
Bought by
Wheeler Thomas B and Thomas B Wheeler Family & Charitable Tru

Range of Values:

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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
Kovatovich Jean -- --
Thickens Margaret A $699,900 First American Title
Thickens Margaret A $699,900 First American Title
Wheeler Heffernan Llc -- None Available
Wheeler Thomas B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $299,000 0.0% $226 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $299,000 -- $226 / 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 $11,904 $651,600 $48,000 $603,600
2022 $7,382 $657,100 $48,000 $609,100
2021 $5,268 $448,100 $45,600 $402,500
2020 $5,420 $332,600 $7,300 $325,300
2019 $5,380 $332,600 $7,300 $325,300
2018 $5,030 $332,600 $7,300 $325,300
2017 $5,026 $332,600 $7,300 $325,300
2016 $4,870 $332,600 $7,300 $325,300
2015 $4,987 $323,900 $7,400 $316,500
2014 $4,987 $323,900 $7,400 $316,500
Source: Public Records

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Source: Lake Superior Area REALTORS®

MLS Number: 6078028

APN: 010444400820