NOT LISTED FOR SALE

Estimated Value: $213,000 - $236,000

2 Beds
1 Bath
1,000 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $175,000 $175 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,328/month

9 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System
  • Lester Park Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of October 2024

Lakeside traditional. Living room opens to formal dining room next to kitchen with patio door to back deck and nice sized back yard. Located close to parks, trails, and near Lakeside shopping conveniences. Off street parking. Updates in 2024 include new roof, gutters, soffit & fascia; new sewer line; new bathroom; new water heater & new high efficiency gas furnace. Home has appraised market value of $250,000, but is being sold $75,000 below value to income eligible households. Additional downpayment assistance of $15,000 (based on need) from the Greater Minnesota Housing Fund could lower mortgage amount to $160,000. Buyer's gross annual income cannot exceed the following (household size in parenthesis): $53,350 (1); $60,950 (2); $68,550 (3); $76,150 (4); $82,250 (5); $88,350 (6) $94,450 (7) $100,550 (8).

Last Agent to Sell the Property

Yoana Sol

1 Roof Community Housing Listed on: 09/10/2024

Last Buyer's Agent

Kris Kapsner

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,187

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55 x 140
  • Land Lease of $36

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-3030-02160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,187

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From I 35, take London Rd to 43rd Ave E. Turn right onto Pitt St. Home is on upper side.
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 36
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1000
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: No
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1924
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1000
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Vinyl

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: 55 x 140
  • Estimated Number of Acres: 0.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3030-02160

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 2187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 29, 2024
Sold by
One Roof Community Housing A Minnesota
Bought by
Carlson Michael
Seller's Agent
Yoana Sol
1 Roof Community Housing
Buyer's Agent
Kris Kapsner
RE/MAX Results
List Price
$175,000
Sold Price
$175,000
Views
35
Current Estimated Value
$224,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,887
Avg. Annual Appreciation
23.46%
Original Mortgage
$183,500
Outstanding Balance
$181,329
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$43,558

Purchase Details

Closed on
Jul 21, 2008
Sold by
Madrinich Shane B and Madrinich Jamie M
Bought by
Thiede Mitchell C and Pavkovich Shanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,031
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Carlson Michael $250,000 --
Thiede Mitchell C $118,000 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Michael $183,500
Previous Owner Thiede Mitchell C $117,031
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $175,000 0.0% $175 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $175,000 -16.7% $175 / Sq Ft
08/07/2023 08/07/23 Sold $210,000 0.0% $247 / Sq Ft View Prior Sale
07/07/2023 07/07/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $210,000 -- $247 / 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 $1,820 $203,200 $48,000 $155,200
2023 $1,820 $174,500 $39,900 $134,600
2022 $1,832 $160,500 $37,000 $123,500
2021 $1,800 $132,700 $30,600 $102,100
2020 $1,742 $132,700 $30,600 $102,100
2019 $1,438 $126,600 $29,100 $97,500
2018 $1,244 $110,100 $29,100 $81,000
2017 $1,126 $104,700 $29,100 $75,600
2016 $1,102 $152,100 $39,200 $112,900
2015 $759 $68,900 $20,600 $48,300
2014 $759 $45,200 $5,900 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6116007

APN: 010303002160