$290,000
SOLD AUG 30, 2019

421 N 1st Ave W Duluth, MN 55806

Central Hillside Neighborhood
8 Beds
3 Baths
3,549 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

3% Below List Price

6 Days on Market

About This Home

As of August 2019

Two triplexes located next door to each other! All six units have been completely renovated from top to bottom. Tenants pay all utilities and the owner is responsible for lawn care and snow removal. All leases are on one year terms with the majority of them being rented thru July! Give us a call to take a look today!

Last Agent to Sell the Property

Jordan Decaro

RE/MAX Results Listed on: 07/24/2019

RE/MAX Results

Last Buyer's Agent

Tricia Kroening

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1902

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35x150

Home Design

  • Triplex
  • Side-by-Side
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,549 Sq Ft Home
  • 3-Story Property
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, trash, water, fuel, sewer
  • Assessor Parcel Number 010 1020 00560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,286

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: E 4th St, right on 1st Ave W, building on the left.
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 81.71
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Appliances 1: Range/Stove
  • Appliances 2: Range/Stove, Refrigerator
  • Appliances 4: Range/Stove
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 3549
  • Garage Type: None
  • Heat: Boiler, Radiant, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 8
  • MediaType: Triplex
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances 3: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Partial
  • Stories: 3 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3549

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Street

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-07-24
  • Estimated Lot Dimensions: 35x150
  • Estimated Number of Acres: 0.12
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010 1020 00560

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Trash, Water, Fuel, Sewer

Tax Info

  • Tax Amount: 2286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 30, 2019
Sold by
Linne Keith and Linne Lynn
Bought by
Excolo Group Llc
Seller's Agent
Jordan Decaro
RE/MAX Results
Buyer's Agent
Tricia Kroening
RE/MAX Results
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$416,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,894
Avg. Annual Appreciation
6.13%
Original Mortgage
$232,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 25, 2018
Sold by
American Indian Community Housing Organi
Bought by
Linne Keith and Linne Brian
Seller's Agent
Tricia Kroening
RE/MAX Results
Buyer's Agent
Jordan Decaro
RE/MAX Results
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.62%
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $290,000 Consolidated Ttl & Abstract
Warranty Deed $200,000 North Shore Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $232,000 Commercial
Previous Owner $150,000 New Conventional
Previous Owner $12,613 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $290,000 -3.3% $82 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $299,900 +50.0% $85 / Sq Ft
05/30/2018 05/30/18 Sold $200,000 -20.0% $56 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $249,900 -- $70 / 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 $4,274 $267,600 $15,100 $252,500
2022 $2,138 $246,600 $14,000 $232,600
2021 $2,094 $128,700 $6,300 $122,400
2020 $1,998 $128,700 $6,300 $122,400
2019 $2,286 $119,300 $6,300 $113,000
2018 $0 $139,200 $6,400 $132,800
2017 $0 $139,200 $6,400 $132,800
2016 -- $137,700 $22,100 $115,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jordan Decaro

    RE/MAX

    (218) 722-2810

    5 in this area

    282 Total Sales

    Jordan Decaro
    Section Image
  • Tricia Kroening

    Buyer's Agent in 2019

    Tricia Kroening

    RE/MAX

    (218) 393-5900

    10 in this area

    154 Total Sales

    Tricia Kroening
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085036

APN: 010102000540

Minnesota St Louis County Duluth 55806 Central Hillside

421 N 1st Ave W, Duluth, MN

This home is located at 421 N 1st Ave W, Duluth, MN 55806 and is currently priced at $290,000, approximately $81 per square foot. This property was built in 1902. 421 N 1st Ave W is a home located in St. Louis County with nearby schools including Myers-Wilkins Elementary, Lincoln Park Middle School, and Denfeld High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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