$85,000
SOLD APR 17, 2014

3941 Schultz Rd Duluth, MN 55803

3 Beds
2 Baths
1,440 Sq Ft
5 Acres

Recently Sold

$59 Per Sq Ft

35% Below List Price

117 Days on Market

Highlights

  • 5 Acre Lot
  • Detached Garage
  • 1-Story Property
  • Homecroft Elementary School Rated A-
  • Bathroom on Main Level
  • Combination Dining and Living Room

About This Home

As of December 2016

Great setting! This home offers 3 bedrooms and a good amount of sqft on a 5 acre wooded setting. Home needs some work inside and out but has great potential! This is a Fannie Mae HomePath property. All offers must be submitted online at www.homepath.com. Investor purchases are not eligible for any incentives. See www.homepath.com for any potential buyer or selling agent incentives. All incentives must be requested for in writing and submitted with offer.

Last Agent to Sell the Property

Frank Messina

Real Living Messina & Associates Listed on: 11/20/2013

Last Buyer's Agent

Michele Vesel

CENTURY 21 Gilderman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,956

Year Built

  • 1963

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660
  • Property fronts a county road

Parking

  • Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Storage Shed

Utilities

  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 520-0010-00710

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,956

Year Built

1963

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 5
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 960
  • Parcel Number: 520-0010-00710
  • Projected Closed Date: 04/18/2014
  • Stories: 1 Story
  • Taxes With Assessments: 1704.94
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20.6x11.2, On Level: Main
  • Room 2: Kitchen, 11.6x12, On Level: Main
  • Room 3: Rec Room, 17.3x14.8, On Level: Lower
  • Room 4: Den/Office, 13.9x10.11, On Level: Lower
  • Room 5: Bedroom, 11.4x10, On Level: Main
  • Room 6: Bedroom, 11.4x10, On Level: Main
  • Room 7: 11.5x9.2, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 960
  • Below Grade Finished Sq Ft: 480
  • Total Fin Square Footage: 1440
  • Total Square Footage: 1440

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached

Utilities

  • Fuel: Propane - Tank Owned
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 330X660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 9, 2016
Sold by
Anderson Brett A and Anderson Julie A
Bought by
Robarge Andrew D and Robarge Amanda M
Seller's Agent
Michele Vesel
CENTURY 21 Atwood
Buyer's Agent
Elizabeth Kratz
Seven Bridges Realty, LLC
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$424,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,513
Avg. Annual Appreciation
4.91%
Original Mortgage
$252,200
Outstanding Balance
$206,434
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$186,044

Purchase Details

Listed on
Nov 20, 2013
Closed on
Apr 7, 2014
Sold by
Fannie Mae
Bought by
Anderson Brett A and Anderson Julie A
Seller's Agent
Frank Messina
Real Living Messina & Associates
Buyer's Agent
Michele Vesel
CENTURY 21 Gilderman
List Price
$131,500
Sold Price
$85,000
Premium/Discount to List
-$46,500
-35.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.49%

Purchase Details

Closed on
Dec 18, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 2012
Sold by
Beede Daryl R and Beede Sarah M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 8, 2005
Sold by
Beede Delbert E and Beede Virginia M
Bought by
Beede Daryl R and Beede Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Stewart Title
Limited Warranty Deed -- Title 1
Limited Warranty Deed -- None Available
Trustee Deed $117,634 None Available
Warranty Deed $82,500 Lakeview
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,200 New Conventional
Previous Owner $111,000 Unknown
Previous Owner $82,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $260,000 0.0% $122 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $260,000 +205.9% $122 / Sq Ft
04/17/2014 04/17/14 Sold $85,000 -35.4% $59 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $131,500 -- $91 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,956 $322,700 $74,100 $248,600
2022 $4,208 $307,700 $70,700 $237,000
2021 $3,974 $275,400 $38,100 $237,300
2020 $4,240 $263,700 $37,100 $226,600
2019 $4,166 $263,700 $37,100 $226,600
2018 $3,540 $259,600 $37,100 $222,500
2017 $1,456 $232,300 $35,800 $196,500
2016 $1,450 $117,000 $35,000 $82,000
2015 $1,408 $69,600 $24,000 $45,600
2014 $1,408 $88,500 $24,200 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4561125

REALTOR® Association of Southern Minnesota

APN: 520001000710