NOT LISTED FOR SALE

Estimated Value: $220,000 - $235,000

5 Beds
2 Baths
2,132 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $125,000 $59 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,506/month

2 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Woodwork
  • Wood Flooring
  • Porch
  • 4-minute walk to Portland Square

About This Home

As of July 2016

Great investment opportunity! This single family rental is licensed for 5 bedrooms! Multi-tenant license, new mechanicals, walking distance to Universities, 1 block off busline, close to Lakewalk, Downtown, Hospitals, etc. Avg. Monthly Utilities: Electric $134, Natural Gas $35, Water $25, Sewer $42, Storm Water $6, Lights/Maint $9

Last Agent to Sell the Property

Gary Kalligher

RE/MAX Results Listed on: 06/13/2016

RE/MAX Results

Last Buyer's Agent

Michael Hoffman

Michael Hoffman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 1908

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 33 x 75
  • Corner Lot
  • Few Trees

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-3830-16280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,601

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: E Superior St to N 12th Ave E to House
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 58.63
  • Taxes With Assessments: 1626
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck, Porch
  • CondoPropertyType: Single
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1857
  • Below Grade Finished Sq Ft: 275
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Single
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Egress Windows, Partially Finished, Walkout
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 656
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2132

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesOtherAmenities1: Hardwood Floors, Natural Woodwork
  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-07-14
  • Estimated Lot Dimensions: 33 x 75
  • Estimated Number of Acres: 0.05
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Light
  • Parcel Number: 010-3830-16280

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 29, 2016
Sold by
Denisen Bryan
Bought by
Hunter Properties Llc
Seller's Agent
Gary Kalligher
RE/MAX Results
Buyer's Agent
Michael Hoffman
Michael Hoffman Realty
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Current Estimated Value
$225,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,322
Avg. Annual Appreciation
6.98%
Original Mortgage
$100,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 14, 2016
Sold by
Mickelson Andrew J and Mickelson Katie
Bought by
Denisen Bryan Adam
Seller's Agent
Gary Kalligher
RE/MAX Results
Buyer's Agent
Michael Hoffman
Michael Hoffman Realty
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Hansmeyer Eugene M and Hansmeyer Lila O
Bought by
Mickelson Andrew J and Mickelson Barry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,510
Interest Rate
6.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hunter Properties Llc -- Attorney
Denisen Bryan Adam $125,000 Stewart Title
Mickelson Andrew J $123,500 Ctac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denisen Bryan A $20,450
Previous Owner Denisen Bryan Adam $100,000
Previous Owner Mickelson Andrew J $124,347
Previous Owner Mickelson Andrew J $122,510
Previous Owner Hansmeyer Eugene M $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $125,000 +4.3% $59 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $119,900 -- $56 / 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 $3,126 $196,000 $10,300 $185,700
2022 $2,498 $185,600 $9,700 $175,900
2021 $2,386 $150,600 $9,700 $140,900
2020 $2,456 $146,900 $9,500 $137,400
2019 $2,272 $146,900 $9,500 $137,400
2018 $1,820 $136,800 $9,500 $127,300
2017 $1,666 $116,900 $8,300 $108,600
2016 $1,626 $88,500 $13,200 $75,300
2015 $1,656 $107,000 $16,200 $90,800
2014 $1,656 $107,000 $16,200 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6023171

APN: 010383016280