NOT LISTED FOR SALE

408 Midway Ave Duluth, MN 55810

Estimated Value: $151,000 - $160,026

2 Beds
1 Bath
738 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $77,000 $104 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $929/month

76 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Views
  • Proctor Senior High School Rated 9+
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of October 2012

Two bedroom 1 bath rambler with 1.5 stall garage on a large lot with a park across the street. Newly renovated home features new roof & gutters, new water heater, new front steps, replacement of back decking, updated kitchen. Washer & dryer included. All new road, gutters and sidewalks have just been installed in the front of the home and all asssessments have been paid. Home has market value of $107,000 but is selling for $30,000 below market value to income qualified buyers. Purchase with as little as $500 down. Call for details.

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 06/13/2012

Last Buyer's Agent

Jim Philbin

1 Roof Community Housing Listed on: 06/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1937

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x125

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 738 Sq Ft Home
  • Combination Dining and Living Room
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 450-0070-00700

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 2 turn west on 2nd St/Cty 11. Turn R on Midway Ave. Property is on the right.
  • L O1 Office Phone1 Number: 218-727-5372
  • Property Sub-Type: SF/Detached
  • Tax Year: 2012
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 738
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1937
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 738
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 1

Utilities

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

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 80 x125
  • Estimated Number of Acres: 0.23
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 450-0070-00700

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 915.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2011
Sold by
Wallace Tanya K
Bought by
Northern Communities Land Trust
Current Estimated Value
$154,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,654
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2006
Sold by
Pierson Kurtis E
Bought by
Wallace Tanya K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Fechner David W and Fechner Sherri C
Bought by
Pierson Kurtis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,224
Interest Rate
7.18%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Northern Communities Land Trust $83,000 Arrowhead A&T
Wallace Tanya K $87,100 Rels
Pierson Kurtis E $55,000 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Northern Communities Land Trust $83,654
Previous Owner Wallace Tanya K $87,100
Previous Owner Pierson Kurtis E $52,224
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2012 10/17/12 Sold $77,000 0.0% $104 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $77,000 -- $104 / 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 $1,482 $138,800 $28,500 $110,300
2023 $1,482 $120,100 $25,900 $94,200
2022 $1,098 $114,700 $25,000 $89,700
2021 $1,112 $108,900 $24,600 $84,300
2020 $1,194 $108,900 $24,600 $84,300
2019 $1,058 $115,800 $37,100 $78,700
2018 $1,102 $106,600 $33,700 $72,900
2017 $1,086 $106,500 $33,600 $72,900
2016 $958 $106,500 $33,600 $72,900
2015 $662 $47,600 $20,100 $27,500
2014 $662 $47,600 $20,100 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6001741

APN: 450007000700