$119,900

505 Summit Ave Duluth, MN 55810

Estimated payment $758/month

5 Beds
1.5 Baths
1,575 Sq Ft
$76 Price per Sq Ft

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!

Listing Agent

Neal Jacobi

Heirloom Realty, LLC Listed on: 01/09/2026

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,567

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take alleyway off of Hill St. - No Sign on property
  • L O1 Office Phone1 Number: 218-390-4317
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1575
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas, Electric
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 5
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Other
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Primary Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1575
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Proctor Public Utilities
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 80x125
  • Estimated Number of Acres: 0.23
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 450-0070-00640

Tax Info

  • Tax Amount: 1567

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,596 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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
Source: Lake Superior Area REALTORS®

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
Source: Public Records

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: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6123316

APN: 450007000640