505 Summit Ave Duluth, MN 55810
Estimated payment $749/month
Highlights
- Main Floor Primary Bedroom
- No HOA
- Living Room
- Proctor Senior High School Rated 9+
- 2 Car Detached Garage
- Bungalow
About This Home
Renovation-ready home on Summit Ave with immediate upside! Featuring a large lot and oversized garage, this property offers strong potential for buyers looking to add value through improvements. The home includes 5 bedrooms and 1.5 baths with a functional layout and flexibility to reconfigure or modernize. The detached garage includes a bonus room with potential for additional finished space. Well suited for a fix-and-flip, value-add rental, or for a Buyer looking to renovate and make it their dream home. Property is being sold as-is. Bring your vision and unlock the potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,567
Year Built
- Built in 1930
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80x125
Parking
- 2 Car Detached Garage
Home Design
- Bungalow
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 1,575 Sq Ft Home
- Multi-Level Property
- Living Room
- Crawl Space
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 450-0070-00640
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,596 | $149,800 | $28,400 | $121,400 |
| 2023 | $1,596 | $129,700 | $25,900 | $103,800 |
| 2022 | $775 | $123,700 | $25,000 | $98,700 |
| 2021 | $1,536 | $117,400 | $24,600 | $92,800 |
| 2020 | $1,402 | $117,400 | $24,600 | $92,800 |
| 2019 | $1,207 | $127,500 | $37,100 | $90,400 |
| 2018 | $1,258 | $117,400 | $33,700 | $83,700 |
| 2017 | $1,236 | $117,300 | $33,600 | $83,700 |
| 2016 | $1,096 | $117,300 | $33,600 | $83,700 |
| 2015 | $1,306 | $92,800 | $24,400 | $68,400 |
| 2014 | $1,252 | $92,800 | $24,400 | $68,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | Pending | -- | -- | -- | |
| 01/09/2026 01/09/26 | For Sale | $119,900 | +50.1% | $76 / Sq Ft | |
| 12/09/2016 12/09/16 | Sold | $79,900 | 0.0% | $56 / Sq Ft | View Prior Sale |
| 11/19/2016 11/19/16 | Pending | -- | -- | -- | |
| 09/15/2016 09/15/16 | For Sale | $79,900 | -- | $56 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $76,000 | Gibraltar Title | |
| Warranty Deed | $64,900 | Gibraltar Title | |
| Assignment Deed | -- | None Available | |
| Warranty Deed | $45,500 | Arrowhead Abstract & Title | |
| Quit Claim Deed | -- | None Available | |
| Land Contract | $79,900 | None Available | |
| Special Warranty Deed | $52,000 | Scenic Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $17,832 | No Value Available | |
| Open | $89,320 | Construction | |
| Previous Owner | $64,900 | Land Contract Argmt. Of Sale | |
| Previous Owner | $54,250 | No Value Available |
Source: Lake Superior Area REALTORS®
MLS Number: 6123316
APN: 450007000640
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Ask me questions while you tour the home.