NOT LISTED FOR SALE

502 N 40th Ave E Duluth, MN 55804

Lakeside-Lester Park Neighborhood

Estimated Value: $342,000 - $421,000

3 Beds
2.5 Baths
1,929 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $182,000 $94 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,372/month

3 Days on Market

Highlights

  • Spa
  • Deck
  • Corner Lot
  • Lester Park Elementary School Rated A-
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of January 2016

After 20 wonderful years it is time to pass this amazingly well cared for home along! Located just a couple blocks from Duluth East, the Lake Walk, local shops, restaurants, and more! This Ranch home has tons to offer! You'll love pulling the cars into the heated attached garage. As you walk into the lower level you're greeted with a classic family room and gas fireplace. The flip side of the basement holds the extra fridge, Laundry, sauna, and 1/2 bath! As we move upstairs we find an open living and dining space with a sliding glass walk-out to the rear deck! You'll also find a practical kitchen with new stainless appliances, a full bath, 3 bedrooms, including the master with its own 3/4 bath! A new roof in 2008, new furnace & central air in 2012, and water heater in 2013!

Last Agent to Sell the Property

WJ River Rockenstein

Messina & Associates Real Estate Listed on: 10/26/2015

Last Buyer's Agent

Kevin O'Brien

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Corner Lot
  • Few Trees

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-3010-01760

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take E Superior St to N 40th Ave E, turn L and home is about a block down on the right
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1286
  • Below Grade Finished Sq Ft: 643
  • Garage Type: Tuckunder
  • Heat: Fireplace, Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Room 10: Spa/Sauna
  • Room 11: Bathroom
  • Room 12: Laundry Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1966
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Bath, Family/Rec Room, Fireplace
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Level 2 Three Quarter Bathrooms: 1
  • Bathroom 3 Level: LL
  • Bathroom Description: 3/4 Master, Full Main Floor
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Foyer
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Master Bedroom
  • Room 8: Bedroom
  • Room 9: Family Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1929
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 40 x 150
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Light
  • Parcel Number: 010-3010-01760

Rental Info

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

Tax Info

  • Tax Amount: 1822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Lefebvre Whitney S and Lefebvre Daniel A
Bought by
Wagner Megan and Weber Kevin
Current Estimated Value
$386,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$220,988
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$165,821

Purchase Details

Listed on
Oct 26, 2015
Closed on
Jan 15, 2016
Sold by
Nguyen Catherine M
Bought by
Lefebvre Daniel A and Lefebvre Whitney S
Seller's Agent
WJ River Rockenstein
Messina & Associates Real Estate
Buyer's Agent
Kevin O'Brien
Messina & Associates Real Estate
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$172,900
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2015
Sold by
Tripp Ami M and Tripp Curtis
Bought by
Nguyen Catherine M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wagner Megan $268,000 Stewart Title Company
Lefebvre Daniel A $182,000 Stewart Title Company
Nguyen Catherine M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Megan $250,000
Previous Owner Lefebvre Daniel A $172,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $182,000 0.0% $94 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $182,000 -- $94 / 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 $4,030 $310,000 $46,200 $263,800
2023 $4,030 $264,100 $38,400 $225,700
2022 $3,036 $242,600 $35,600 $207,000
2021 $2,968 $200,500 $29,400 $171,100
2020 $2,888 $200,000 $29,400 $170,600
2019 $2,326 $190,900 $28,000 $162,900
2018 $2,022 $160,300 $28,000 $132,300
2017 $1,822 $151,500 $28,000 $123,500
2016 $1,782 $143,000 $28,000 $115,000
2015 $1,822 $114,700 $23,100 $91,600
2014 $2,088 $132,800 $6,000 $126,800
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    WJ River Rockenstein

    Messina & Associates Real Estate

    (218) 260-5948

    2 in this area

    93 Total Sales

    WJ River Rockenstein
    Section Image

  • K

    Buyer's Agent in 2016

    Kevin O'Brien

    Messina & Associates Real Estate

    (218) 310-3192

    22 in this area

    195 Total Sales

    Kevin O'Brien
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6018962

APN: 010301001760

Minnesota St Louis County Duluth 55804 Lakeside-Lester Park

502 N 40th Ave E, Duluth, MN

Not Listed for Sale

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