NOT LISTED FOR SALE

Estimated Value: $550,000 - $795,744

2 Beds
1 Bath
1,253 Sq Ft
$529/Sq Ft Est. Value

Last Sold December 02, 2013

Last sale price $390,000 $311 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,271/month

37 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Heated Floors
  • Deck
  • Sauna
  • 0.37 Acre Lot
  • 4-minute walk to Lafayette Park

About This Home

As of December 2013

In the past three years this lovely Bay-Side cottage has been renovated from stem to stern. Though you'll love the elegant living space, the floor-to-ceiling windows, the in-floor heat and the 2-car garage, they will practically PALE in comparison to the location of this home. You can very nearly touch the water from your deck and set your canoe in the water from your own steps to the water--and...the views are ever-changing. Sunsets, city lights, ship traffic, wind surfers, wildlife. These are the things that will provide you the quality of life you seek! Situated ona quiet stretch of Park Point. The relaxed atmosphere of the "beach life" is something that many desire and few achieve; this is your chance to move in to this pristine home and enjoy it for the rest of 2013. Not often will you find a home of this calibre. The property is currently licensed for vacation rental--details available if you are interested.

Last Agent to Sell the Property

Sheryl Homan

Edina Realty Inc - Duluth Listed on: 09/17/2013

Last Buyer's Agent

Sheryl Homan

Edina Realty Inc - Duluth Listed on: 09/17/2013

Home Details

Home Type

  • Single Family

Year Built

  • 1904

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 160x100
  • 120 Feet of Waterfront

Home Design

  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,253 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Free Standing Fireplace
  • Combination Kitchen and Dining Room
  • Sauna

Kitchen

  • Range
  • Dishwasher

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Wheelchair Access
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 010-3110-01490

Home Details

Home Type

Single Family

Year Built

1904

Lot Details

0.37 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Ada Features: Partially Wheelchair
  • Amenities: Garage Door Opener, Natural Woodwork, Sauna, Tiled Floors
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.37
  • Assessments: Unknown
  • Beach Type: Undevelopment
  • Construction: Previously Owned
  • Foundation Size: 1253
  • Parcel Number: 010-3110-01490
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1904

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Free Standing
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Kitchen, 12x19, On Level: Main
  • Room 2: Pantry, 6x9, On Level: Main
  • Room 3: Living Room, 14x17, On Level: Main
  • Room 4: Bedroom, 15x19, On Level: Main
  • Room 5: Bedroom, 10x11, On Level: Main
  • Room 6: Other, 5x10, On Level: Main
  • Room 7: 5x8, On Level: Main
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1253
  • Total Fin Square Footage: 1253
  • Total Square Footage: 1253

Exterior Features

  • Frontage Road: City, Paved
  • Waterfront Name: Superior
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 120
  • Waterfront Description: Lake Superior

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Fireplace, In Floor
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 160x100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 2, 2013
Sold by
Sabo Douglas G and Hanna Lorri W
Bought by
Hughley Arnold E and Hughley Mary J
Seller's Agent
Sheryl Homan
Edina Realty Inc - Duluth
Buyer's Agent
Sheryl Homan
Edina Realty Inc - Duluth
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Current Estimated Value
$662,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,436
Avg. Annual Appreciation
4.41%
Original Mortgage
$312,000
Outstanding Balance
$234,051
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$428,385

Purchase Details

Closed on
Sep 22, 2009
Sold by
Juntunen Mary L
Bought by
Sabo Douglas G and Hanna Lorri W

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
Interest Rate
5.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hughley Arnold E $390,000 Arrowhead Abstract
Hughley Arnold E $390,000 Arrowhead
Sabo Douglas G $300,000 Rels
Sabo Douglas G $300,000 Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughley Arnold E $312,000
Closed Hughley Arnold E $312,000
Previous Owner Sabo Douglas G $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2013 12/02/13 Sold $390,000 -10.3% $311 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $435,000 -- $347 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $10,344 $709,100 $484,800 $224,300
2023 $10,344 $560,600 $277,500 $283,100
2022 $6,500 $475,500 $234,600 $240,900
2021 $6,366 $395,800 $195,500 $200,300
2020 $6,438 $395,800 $195,500 $200,300
2019 $6,078 $389,600 $196,400 $193,200
2018 $6,208 $372,000 $196,400 $175,600
2017 $5,914 $403,500 $217,700 $185,800
2016 $5,766 $130,700 $40,800 $89,900
2015 $4,662 $302,500 $225,300 $77,200
2014 $4,662 $302,500 $225,300 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4535206

REALTOR® Association of Southern Minnesota

APN: 010311001490

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