NOT LISTED FOR SALE

4055 Fairview Rd Duluth, MN 55803

Estimated Value: $227,000 - $310,000

1 Bed
1 Bath
1,110 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $220,000 $198 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,794/month

1 Day on Market

Highlights

  • 5 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Homecroft Elementary School Rated A-
  • Bonus Room
  • 3 Car Detached Garage

About This Home

As of August 2023

Come for the beautiful lot and the newer 30X40 garage, and get your hard hat on to make this place your own! This stunning 5-acre property is ready for someone to come in and upgrade the home, offering the utmost potential to become everything you desire just outside of town. The house features a bedroom and bathroom on the main floor, main floor laundry hookups, and an updated kitchen with hickory cabinets, granite countertops, and stainless steel appliances. Additionally, the expansion attic holds potential for another bedroom, and the basement has a non-conforming bedroom with a sauna space that is awaiting its finishing touches. The newer garage is also heated and insulated, making it perfect for all your toys and additional storage needs in this country setting. Don't miss this perfect opportunity in a sought-after location. Call us now to schedule a private showing today

Last Agent to Sell the Property

Jordan Decaro

RE/MAX Results Listed on: 07/19/2023

RE/MAX Results

Last Buyer's Agent

Marta Swierc

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1940

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660

Parking

  • 3 Car Detached Garage

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Living Room
  • Bonus Room
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520-0016-03660

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Rice Lake Rd, turn right on Martin Rd, turn left on Howard Gnesen Rd, turn right on Fairview Rd and the property will be on your left.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 198.2
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Twp Number: 51
  • Lot Description Waterfront: No
  • Reso Association Amenities: Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 916
  • Below Grade Finished Sq Ft: 194
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 1
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Basement
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Stove
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Foyer
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bonus Room
  • Room 7: Laundry Room
  • Room 8: Living Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1110
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 30X40

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-07-19
  • Estimated Lot Dimensions: 330X660
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 520-0016-03660

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 23, 2023
Sold by
Williams Shawn P and Williams Barbara K
Bought by
Welch John
Seller's Agent
Jordan Decaro
RE/MAX Results
Buyer's Agent
Marta Swierc
RE/MAX Results
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$272,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,078
Avg. Annual Appreciation
9.56%
Original Mortgage
$213,400
Outstanding Balance
$209,747
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$50,240
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 Buyer Sale Price Title Company
Welch John $220,000 Results Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch John $213,400
Previous Owner Williams Shawn P $15,000
Previous Owner Williams Shawn P $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $220,000 0.0% $198 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $220,000 -- $198 / 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 $3,346 $259,700 $85,100 $174,600
2022 $2,556 $242,600 $85,100 $157,500
2021 $2,414 $178,900 $40,500 $138,400
2020 $2,244 $171,800 $39,600 $132,200
2019 $1,862 $159,500 $39,600 $119,900
2018 $1,688 $137,600 $39,600 $98,000
2017 $1,678 $134,300 $38,300 $96,000
2016 $1,596 $130,200 $37,500 $92,700
2015 $1,194 $78,800 $26,800 $52,000
2014 $1,194 $72,800 $26,100 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6109505

APN: 520001603660