NOT LISTED FOR SALE

Estimated Value: $289,008 - $318,000

3 Beds
1.5 Baths
1,186 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $171,000 $144 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,818/month

3 Days on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • Den
  • Lester Park Elementary School Rated A-
  • Wood Flooring
  • Views

About This Home

As of August 2017

5012 Otsego St is a 3 bed, 1 1/2 bath home in Lakeside. All three bedrooms are on the main level and have hardwood floors. The full bath has newer sink, toilet, bathtub, tub surround, and tile. In the basement, there is a family room, storage area with built in shelves, and a den/office with a built in desk and shelves. Add an egress window to the den to make it a 4th bedroom! Nicely landscaped yard with perennials and big trees to give shade. Patio area in the back that leads to a nice sized back yard.

Last Agent to Sell the Property

Brok Hansmeyer

RE/MAX Results Listed on: 06/07/2017

RE/MAX Results

Last Buyer's Agent

Gage Ritchie

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1956

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Landscaped

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 010-0790-01640

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 50th Ave E to Otsego St.
  • L O1 Office Phone1 Number: 218-722-2811
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors, Washer Hook-Ups
  • Amenities Exterior: Patio
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1046
  • Below Grade Finished Sq Ft: 140
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1956
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Level 2 Three Quarter Bathrooms: Lower
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Master Bedroom
  • Room 7: Den/Office
  • Room 8: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1186
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

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

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: Landscaped, Pub. Trans (w/in 6 blks), Underground Utilities
  • Parcel Number: 010-0790-01640

Rental Info

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

Tax Info

  • Tax Amount: 1524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 21, 2017
Sold by
Nelson Suzanne Y
Bought by
Kmetz James E and Lovnovich Elizaveta L
Seller's Agent
Brok Hansmeyer
RE/MAX Results
Buyer's Agent
Gage Ritchie
RE/MAX Results
List Price
$171,000
Sold Price
$171,000
Current Estimated Value
$303,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,752
Avg. Annual Appreciation
7.05%
Original Mortgage
$136,800
Outstanding Balance
$116,956
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$186,796

Purchase Details

Closed on
Oct 30, 2010
Sold by
Nelson Vernon K and Nelson Suzanne Y
Bought by
Nelson Suzanne Y
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
Kmetz James E $171,000 North Shore Title
Nelson Suzanne Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kmetz James E $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $171,000 0.0% $144 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $171,000 -- $144 / 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 $2,894 $232,900 $46,200 $186,700
2023 $2,894 $212,300 $38,300 $174,000
2022 $2,340 $195,100 $35,500 $159,600
2021 $2,296 $161,300 $29,400 $131,900
2020 $2,230 $161,300 $29,400 $131,900
2019 $2,232 $154,000 $28,000 $126,000
2018 $1,690 $155,000 $28,000 $127,000
2017 $1,524 $131,500 $28,000 $103,500
2016 $1,840 $133,600 $28,000 $105,600
2015 $1,324 $82,700 $20,000 $62,700
2014 $1,324 $82,400 $18,900 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6029433

APN: 010079001640