NOT LISTED FOR SALE

408 8th St Cloquet, MN 55720

Estimated Value: $162,000 - $217,000

3 Beds
1 Bath
950 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $113,000 $119 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,239/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Churchill Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Den

About This Home

As of January 2023

This house has a lot of potential. Great opportunity for a rental unit or flip. With a little elbow grease this could be a wonderful home. Needs some updates. Hardwood floors throughout and main floor bedroom with built in shelving and storage. There was a small garbage fire in the kitchen with minimal damage to the linoleum and cupboards. No structural damage or smoke damage. Upstairs has hardwood floors. The homeowners were in the process of remodeling the bathroom but, were unable to complete. Large open space in the basement with workbench and work room or office. Two stall garage and fenced in yard with garden area to enjoy. Come see this one-of-a-kind home. Property will be sold as-is.

Last Agent to Sell the Property

Christine Ojanen

Century 21 Atwood Listed on: 11/23/2022

Last Buyer's Agent

Kim Johnson

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1919

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 75 x 135
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 950 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Den
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-260-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,743

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Scanlon, take Hwy 45 turn down Carlton Ave. Drive to 8th St take a left. Home is 1 1/2 blocks down on the left.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-722-8221
  • List Price/ Sq Ft: 118.95
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors
  • Amenities Exterior: Fenced Yard - Partial
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 950
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: No
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1919
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Refrigerator, Range/Stove
  • Basement Features: Den/Office, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 896
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 950
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Aluminum, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 X 16

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Cloquet #94
  • Junior High Dist: Cloquet #94

Lot Info

  • Geo Update Timestamp: 2022-11-23
  • Estimated Lot Dimensions: 75 X 135
  • Estimated Number of Acres: 0.13
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 06-260-0200

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 1743

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Jan 13, 2023
Sold by
Magnuson David
Bought by
Male Justin and Male Amber
Seller's Agent
Christine Ojanen
Century 21 Atwood
Buyer's Agent
Kim Johnson
RE/MAX Results
List Price
$113,000
Sold Price
$113,000
Current Estimated Value
$188,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,982
Avg. Annual Appreciation
22.01%
Original Mortgage
$90,400
Outstanding Balance
$88,027
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$95,198
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
Male Justin $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Male Justin $90,400
Previous Owner Magnuson David B $64,000
Previous Owner Magnuson David B $15,000
Previous Owner Magnuson David B $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $113,000 0.0% $119 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/23/2022 11/23/22 For Sale $113,000 -- $119 / 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
2024 $2,228 $147,700 $15,300 $132,400
2023 $2,228 $141,800 $15,300 $126,500
2022 $1,786 $141,800 $15,300 $126,500
2021 $1,734 $112,300 $13,400 $98,900
2020 $1,646 $108,200 $13,400 $94,800
2019 $1,558 $103,600 $13,400 $90,200
2018 $1,426 $100,500 $13,400 $87,100
2017 $1,336 $94,400 $13,400 $81,000
2016 $1,266 $90,800 $13,400 $77,400
2015 $1,154 $57,700 $8,900 $48,800
2014 -- $57,700 $8,900 $48,800
2013 -- $57,700 $8,900 $48,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106401

APN: 06-260-0200