NOT LISTED FOR SALE

424 N 40th Ave E Duluth, MN 55804

Lakeside-Lester Park Neighborhood

Estimated Value: $294,000 - $308,000

3 Beds
1.5 Baths
1,335 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $227,500 $170 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,821/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Lester Park Elementary School Rated A-
  • Corner Lot
  • Lower Floor Utility Room

About This Home

As of December 2023

Settle into this cozy cottage home for the holidays! Quick close available on this three-bedroom, 1.5 bath home. Maple kitchen cabinets and tile floor. Brand new carpet throughout. main floor laundry with all kinds of storage space. All three bedrooms and full bath on the second floor. Large lot with privacy fence. Enjoy the covered front porch and look out over the golf course. 2-car detached garage. Come look for yourself! Electric: $109/mo average Water: $44/mo average Sewer: $52/mo average Gas: $86/mo average

Last Agent to Sell the Property

Julie Sathers

JS Realty Listed on: 11/26/2023

Last Buyer's Agent

David Hawk

EasyLiving LLC

EasyLiving LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1912

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Plaster Walls
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • Multi-Level Property
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-2990-00920

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,486

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Superior St, north on 40th Ave E. Corner of Regent and 40th Ave E
  • L O1 Office Phone1 Number: 218-729-9784
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors, Tiled Floors, Plaster Walls, Main Floor Laundry
  • Amenities Exterior: Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1335
  • Garage Type: Detached
  • Heat: Boiler, Hot Water, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1912
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Range/Stove, Washer
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Bathroom Description: 1/2 Main Floor, Full Upper
  • Formal Dining: Informal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1335
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Features: Slab
  • 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: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Light, Level
  • Parcel Number: 010-2990-00920

Rental Info

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

Tax Info

  • Tax Amount: 3486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Dec 29, 2023
Sold by
Yates Aaron N and Yates Amanda K
Bought by
Thorne Michael A and Thorne Tracy
Seller's Agent
Julie Sathers
JS Realty
Buyer's Agent
David Hawk
EasyLiving LLC
List Price
$227,500
Sold Price
$227,500
Current Estimated Value
$300,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,022
Avg. Annual Appreciation
15.52%
Original Mortgage
$216,125
Outstanding Balance
$212,391
Interest Rate
7.29%
Mortgage Type
Construction
Estimated Equity
$88,131

Purchase Details

Listed on
May 14, 2012
Closed on
Jun 28, 2012
Sold by
Johnston Dean K and Johnston Joanne
Bought by
Yates Aaron N and Yates Amanda K
Seller's Agent
Julie Sathers
J.S. Realty
Buyer's Agent
Julie Sathers
J.S. Realty
List Price
$169,900
Sold Price
$166,000
Premium/Discount to List
-$3,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$132,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Johnston Ken R and Johnston Gina
Bought by
Johnston Dean K and Johnston Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2006
Sold by
Johnson Mark D and Johnson Theresa J
Bought by
Johnston Ken R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Thorne Michael A $227,500 Results Title
Yates Aaron N $166,000 Arrowhead Abstract
Johnston Dean K $154,000 Scenic Title & Abstract Inc
Johnston Ken R $72,500 Scenic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorne Michael A $216,125
Previous Owner Yates Aaron N $132,800
Previous Owner Johnston Dean K $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $227,500 0.0% $170 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/26/2023 11/26/23 For Sale $227,500 +37.0% $170 / Sq Ft
06/28/2012 06/28/12 Sold $166,000 -2.3% $124 / Sq Ft View Prior Sale
05/26/2012 05/26/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $169,900 -- $127 / 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 $2,862 $230,800 $45,300 $185,500
2023 $2,862 $266,900 $38,400 $228,500
2022 $3,074 $245,300 $35,600 $209,700
2021 $3,014 $202,700 $29,400 $173,300
2020 $2,936 $202,700 $29,400 $173,300
2019 $2,388 $193,500 $28,000 $165,500
2018 $2,076 $163,800 $28,000 $135,800
2017 $1,874 $154,800 $28,000 $126,800
2016 $2,156 $184,200 $50,400 $133,800
2015 $2,029 $142,500 $28,000 $114,500
2014 $2,029 $131,400 $7,000 $124,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Julie Sathers

    JS Realty

    (218) 390-8268

    12 in this area

    198 Total Sales

    Julie Sathers
    Section Image
  • David Hawk

    Buyer's Agent in 2023

    David Hawk

    EasyLiving LLC

    (218) 576-6822

    2 in this area

    51 Total Sales

    David Hawk
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111566

APN: 010299000920

Minnesota St Louis County Duluth 55804 Lakeside-Lester Park

424 N 40th Ave E, Duluth, MN

Not Listed for Sale

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