NOT LISTED FOR SALE

Estimated Value: $460,600

-- Bed
2 Baths
3,800 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $415,000 $109 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,240/month

111 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Cascade Park

About This Home

As of June 2024

Welcome to 4 W. 5th St. where the possibilities are endless. Formally used in a commercial setting, this property is located in a R-2 zoning district. Which means you could have residential housing, multi-family apartments, townhouse's, and group living accommodations. Perhaps a home office, assisted living, a pre-school, daycare facility, veterinarian clinic, or even a small church. And with 15 plus parking spots, there's easy access to the building.This property is perfectly positioned near Canal Park, downtown amenities, universities and close to the bus-line and freeway. Additionally this building has been well taken care of, had a new roof installed within 2 years, and all of the parking areas have recently been re-done!Imagine the possibilities...

Last Agent to Sell the Property

gary - kalligher, -

RE/MAX Results Duluth Listed on: 02/20/2024

RE/MAX Results Duluth

Co-Listed By

Kevin Kalligher

RE/MAX Results

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,426

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 100x140
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2 Bathrooms
  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Duluth Proper 1St Div West 5Th Street Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 010102000310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,426

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: Grab Bars In Bathroom, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 1900
  • Water Sewer Expenses: 247
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 18x30, 34x40
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Finished, Full
  • Living Area: 3800
  • Below Grade Finished Sq Ft: 1900
  • Owner Pays: All Utilities
  • Basement YN: Yes
  • Number Of Fireplaces: 0
  • Total Rooms: 10

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Asphalt, Parking Lot, Paved

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: None

Schools

  • Junior High Dist: Duluth
  • SchoolDistrictNumber: 709
  • SchoolDistrictPhone: 218-336-8700

Lot Info

  • Lot Size: 100x140
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 010102000310
  • TaxWithAssessments: 0.0000

Multi Family

  • TenantPays: None
  • ElectricExpense: 3756
  • FuelExpense: 935
  • Number Of Refrigerators: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Jun 13, 2024
Sold by
First Witness Child Advocacy Center
Bought by
Arrowhead Legal Holdings Llc
Seller's Agent
gary - kalligher, -
RE/MAX Results Duluth
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$470,000
Sold Price
$415,000
Premium/Discount to List
-$55,000
-11.7%
Views
382
Current Estimated Value
$460,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,600
Original Mortgage
$100,000
Outstanding Balance
$98,901
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Arrowhead Legal Holdings Llc $415,000 None Listed On Document
Arrowhead Legal Holdings Llc $415,000 Arrowhead Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrowhead Legal Holdings Llc $100,000
Closed Arrowhead Legal Holdings Llc $100,000
Open Arrowhead Legal Holdings Llc $378,367
Closed Arrowhead Legal Holdings Llc $378,367
Previous Owner First Witness Child Advocacy C $856,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Pending -- -- --
06/13/2024 06/13/24 Sold $415,000 -11.7% $109 / Sq Ft
02/22/2024 02/22/24 For Sale $470,000 -- $124 / Sq Ft
Source: NorthstarMLS

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 $9,426 $371,900 $122,500 $249,400
2022 $0 $371,900 $122,500 $249,400
2021 $0 $371,900 $122,500 $249,400
2020 $0 $363,500 $122,500 $241,000
2019 $0 $184,900 $35,100 $149,800
2018 $0 $184,900 $35,100 $149,800
2017 $0 $184,900 $35,100 $149,800
2016 -- $9,600 $9,600 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6492180

NorthstarMLS

APN: 010102000310