NOT LISTED FOR SALE

3331 Restormel St Duluth, MN 55806

Lincoln Park Neighborhood

Estimated Value: $177,578 - $243,000

2 Beds
2 Baths
1,650 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2020

Last sale price $130,000 $79 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,275 / mo

91 Days on Market

Highlights

  • City Lights View
  • Recreation Room
  • Main Floor Primary Bedroom
  • Deck
  • Traditional Architecture
  • Porch

About This Home

As of January 2020

Beautiful home built in 2003, sitting high on the top of the hill near Lincoln Park Middle School. Large family room in basement could be easily converted to one or two legal bedrooms. Home has 2019 appraised market value of $165,000 but is being sold $35,000 below market value to income qualified buyers. Additional $15,000 in downpayment assistance to eligible buyers could lower mortgage to $115,000. Purchase with as little as $1500 out of pocket. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $40,550 (1); 46,350 (2); $52,150 (3); $57,900 (4); $62,550 (5); $67,200 (6).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 09/26/2019

Last Buyer's Agent

Lynn Marie Nephew

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 62.5x108
  • Elevated Lot
  • Land Lease of $33

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Parking

  • No Garage
  • Off-Street Parking

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-0350-00135

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 2003

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Turn off 3rd Street onto Restormal. Go past house and curve into alley behind house. Park in back.
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 33
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck, Porch
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1065
  • Below Grade Finished Sq Ft: 585
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Basement
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: lower
  • Bathroom Description: Full Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Rec Room
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1650
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 62.5x108
  • Estimated Number of Acres: 0.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 010-0350-00135

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1954

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Lynn Marie Nephew
RE/MAX Results
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$199,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,526
Avg. Annual Appreciation
6.93%
Original Mortgage
$165,000
Outstanding Balance
$145,529
Interest Rate
3.51%
Estimated Equity
$53,997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $165,000
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $130,000 0.0% $79 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $130,000 -- $79 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,430 $243,200 $61,400 $181,800
2023 $2,236 $223,000 $59,000 $164,000
2022 $2,504 $203,800 $54,100 $149,700
2021 $2,160 $170,500 $27,100 $143,400
2020 $2,190 $153,500 $24,400 $129,100
2019 $1,954 $153,500 $24,400 $129,100
2018 $1,848 $141,000 $24,400 $116,600
2017 $1,756 $141,000 $24,400 $116,600
2016 $1,716 $64,800 $21,100 $43,700
2015 $1,747 $110,300 $15,200 $95,100
2014 $1,747 $110,300 $15,200 $95,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    6 in this area

    86 Total Sales

    Jim Philbin
    Section Image

  • L

    Buyer's Agent in 2020

    Lynn Marie Nephew

    RE/MAX

    (218) 310-7790

    8 in this area

    182 Total Sales

    Lynn Marie Nephew
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6086601

APN: 010035000135

Minnesota St Louis County Duluth 55806 Lincoln Park

3331 Restormel St, Duluth, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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