NOT LISTED FOR SALE

407 Wallace Ave Duluth, MN 55812

Chester Park Neighborhood

Estimated Value: $851,000 - $1,056,000

4 Beds
3.5 Baths
3,284 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2025

Last sale price $1,035,000 $315 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,072 / mo

19 Days on Market

Highlights

  • Spa
  • Sauna
  • Heated Floors
  • Congdon Elementary School Rated A-
  • Lake View
  • 5-minute walk to Duluth Lakewalk

About This Home

As of June 2025

That "Gorgeous Home" you have driven by for years, is ON THE MARKET! Pretty inside AND out, this Eclectic/English revival style home sits back on almost an acre of land on its own corner! Designed in 1917 by architect, Harold Starin, unobstructed views of Lake Superior shine through the Eastern side of this stately beauty! Enter a tiled foyer and walk into a home with hardwood floors, natural woodwork, french doors enhancing character and charm, yet, with updated kitchen & baths which are conducive to how we live today! A sparkling kitchen provides an oversized breakfast bar, quartz counters, quality cabinetry & appliances and a door to the back deck for grilling! Ascend up the "maid's stairwell" or the front stairwell to the Bedroom Level! 3+ bedrooms grace this level and includes a Primary Suite! Both the ensuite and main bath are updated for everyone to enjoy! (there is also a "shower closet" don't miss it!) 3rd level fun is yours with the BONUS VIEW from above! The perfect guest suite with an updated 3/4 bath and additional bedroom! The oversized lot allows room for gardening with all the sun, room for the kids to run or just SPACE while taking in views! The lower level has potential and a sauna!

Last Agent to Sell the Property

Deanna Bennett

Messina & Associates Real Estate Listed on: 02/20/2025

Last Buyer's Agent

Deanna Bennett

Messina & Associates Real Estate Listed on: 02/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,685

Year Built

  • Built in 1917

Lot Details

  • 42,689 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 3,284 Sq Ft Home
  • Woodwork
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Storage Room
  • Utility Room
  • Sauna
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Spa
  • Patio

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-4600-00370

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,685

Year Built

Built in 1917

Lot Details

0.98 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: E 4th St, to Wallace Ave, Home is directly on your left!
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Sauna, Tiled Floors, Walk-In Closet, Foyer Entry, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Patio
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3284
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, In Floor, Radiant, Natural Gas, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Room 10: Rec Room
  • Room 11: Bedroom
  • Bedroom 3: Sunroom/Solarium
  • TotalBedrooms: 4
  • Year Built: 1917
  • Level 1 Bedroom: Main
  • RoomLevel10: Third Floor
  • RoomLevel11: Third Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Basement Features: Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Stone
  • Basement Style: Full
  • Bathroom Description: 3/4 Master, 1/2 Main Floor, 3/4 Upper, Full Upper
  • Formal Dining: Breakfast Bar, Formal Dining Room
  • Extra Rooms: Mud Room, Spa/Sauna, Storage Room, Utility Room, Entry, Bonus Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Foyer
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Kitchen
  • Stories: 2.25 - 2.75 Story
  • Room 6: Den/Office
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Primary Bedroom
  • Total Bathrooms: 4
  • Total Fin Square Footage: 3284
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick, Stucco

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: irreg.
  • Estimated Number of Acres: 0.98
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-4600-00370

Tax Info

  • Tax Amount: 10685

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
Feb 20, 2025
Closed on
Jun 13, 2025
Sold by
Bought by
Seller's Agent
Deanna Bennett
Messina & Associates Real Estate
Buyer's Agent
Deanna Bennett
Messina & Associates Real Estate
List Price
$1,089,000
Sold Price
$1,035,000
Premium/Discount to List
-$54,000
-4.96%
Views
36
Current Estimated Value
$966,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,548
Avg. Annual Appreciation
-6.20%
Original Mortgage
$983,250
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,920
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2003
Sold by
Bought by
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

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
$1,035,000 The Title Team
$459,900 Rels
-- --
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
Previous Owner $983,250
Previous Owner $375,000
Previous Owner $80,000
Previous Owner $367,920
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
06/16/2025 06/16/25 Sold $1,035,000 -5.0% $315 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $1,089,000 -- $332 / 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 $11,312 $736,000 $85,300 $650,700
2023 $10,794 $711,400 $84,400 $627,000
2022 $8,612 $626,900 $74,800 $552,100
2021 $8,432 $518,800 $61,200 $457,600
2020 $8,520 $518,800 $61,200 $457,600
2019 $8,276 $511,000 $55,400 $455,600
2018 $7,466 $502,100 $55,400 $446,700
2017 $6,864 $484,700 $38,000 $446,700
2016 $6,692 $445,800 $38,000 $407,800
2015 $6,039 $393,400 $38,500 $354,900
2014 $6,039 $393,400 $38,500 $354,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Deanna Bennett

    Messina & Associates Real Estate

    (218) 343-8444

    23 in this area

    473 Total Sales

    Deanna Bennett
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117870

APN: 010460000370

Minnesota St Louis County Duluth 55812 Chester Park

407 Wallace Ave, Duluth, MN

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

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