NOT LISTED FOR SALE

46 5th St Duluth, MN 55810

Estimated Value: $213,670 - $237,000

3 Beds
2 Baths
1,252 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $135,000 $108 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,526/month

17 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Views
  • Proctor Senior High School Rated 9+
  • Main Floor Primary Bedroom
  • Bathroom on Main Level

About This Home

As of January 2022

This home was completely renovated in 2010-2011 with all new roof: soffit, fascia & gutters, siding, windows, insulation, bathrooms, kitchen including all appliances, high efficiency gas furnace & water heater, new plumbing & electrical, HRV system, hardwood & tile floors downstairs, carpeting upstairs. Home has 2021 appraised market value of $190,000 and is being sold $55,000 below market value to income qualified households. Home must be owner-occupied and buyer’s gross annual income cannot exceed the following (household size in parenthesis): $42,750 (1); 48,850 (2); $54,950 (3); $61,050 (4); $65,950 (5); $70,850 (6). Prospective buyers need to have mortgage pre-approval from North Shore Bank or US Bank, income documentation verification and completed Community Land Trust program application prior to signing purchase agreement. Homebuyer education class can be completed between purchase agreement & closing.

Last Agent to Sell the Property

Yoana Sol

1 Roof Community Housing Listed on: 11/27/2021

Last Buyer's Agent

Joe Hermanson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x142
  • Land Lease of $34

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • Multi-Level Property
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Air Exchanger
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 185-0050-01010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,013

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take the Proctor exit off Highway 35. Take a right on Boundary Avenue and then left on 5th Street.
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • List Price/ Sq Ft: 107.83
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1252
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1915
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, Full Upper
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1252
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Curb/Gutters
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

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

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2021-11-27
  • Estimated Lot Dimensions: 45x142
  • Estimated Number of Acres: 0.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 185-0050-01010

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2021
Closed on
Jan 14, 2022
Sold by
Heaslip Ian and Heaslip Amanda
Bought by
Farley Joseph
Seller's Agent
Yoana Sol
1 Roof Community Housing
Buyer's Agent
Joe Hermanson
RE/MAX Results
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$226,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,418
Avg. Annual Appreciation
15.05%
Original Mortgage
$135,000
Outstanding Balance
$125,596
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$94,895

Purchase Details

Closed on
Dec 16, 2009
Sold by
Perfect Partners Investments Inc
Bought by
Northern Communities Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Glas Arlo James and Glas Rosie Judy
Bought by
Perfect Partners Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Glas Carol Mary
Bought by
Glas Arlo James
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
Farley Joseph $190,000 --
Northern Communities Land Trust $72,000 Arrowhead Abstract
Perfect Partners Investments Inc $63,000 Pioneer Abstract & Title Of
Glas Arlo James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farley Joseph $135,000
Closed Farley Joseph Stanford $135,000
Previous Owner Heaslip Ian Michael $110,700
Previous Owner Heaslip Ian Michael $4,500
Previous Owner Northern Communities Land Trust $103,950
Previous Owner Perfect Partners Investments Inc $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $135,000 0.0% $108 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/27/2021 11/27/21 For Sale $135,000 -- $108 / 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 $3,310 $174,400 $10,700 $163,700
2022 $2,104 $155,300 $10,700 $144,600
2021 $2,038 $146,400 $10,000 $136,400
2020 $1,880 $143,300 $9,700 $133,600
2019 $1,794 $133,800 $9,700 $124,100
2018 $1,868 $131,800 $26,300 $105,500
2017 $1,696 $131,800 $26,300 $105,500
2016 $1,576 $125,100 $26,300 $98,800
2015 $1,442 $92,800 $19,400 $73,400
2014 $1,442 $95,300 $19,400 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100729

APN: 185005001010