$115,000
SOLD FEB 26, 2026

505 Summit Ave Duluth, MN 55810

5 Beds
1.5 Baths
1,575 Sq Ft
10,019 Sq Ft Lot Lot

Sale Details

Date Sold: February 26, 2026

$73 Per Sq Ft

4% Below List Price

13 on Market

About This Home

As of February 2026

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!

Last Agent to Sell the Property

Neal Jacobi

Heirloom Realty, LLC Brokerage Phone: License #MN 40724316 Listed on: 01/09/2026

Last Buyer's Agent

Katie Carter

RE/MAX Results

RE/MAX Results

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

Home Design

  • 1,575 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

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

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Directions: Take alleyway off of Hill St. - No Sign on property
  • Tax Year: 2025
  • Year Built: 1930
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 80x125
  • Co List Office Mls Id: LSA30983
  • Above Grade Finished Sq Ft: 1575
  • Special Features: None
  • Stories: 0

Interior Features

  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 450-0070-00640

Tax Info

  • Tax Annual Amount: 1567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2026
Closed on
Mar 11, 2026
Sold by
True Neighbor Investments Llc
Bought by
Myers Noah
Seller's Agent
Neal Jacobi
Heirloom Realty, LLC
Buyer's Agent
Katie Carter
RE/MAX Results
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Views
163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.14%
Original Mortgage
$92,000
Outstanding Balance
$91,910
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$52,212

Purchase Details

Closed on
Dec 5, 2025
Sold by
Grover Glen J
Bought by
True Neighbor Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,832
Interest Rate
6.22%

Purchase Details

Closed on
Dec 26, 2018
Sold by
Nedden Durst John R and Nedden Durst Lynda
Bought by
Grover Glen J and Hansen Linda A

Purchase Details

Closed on
Apr 10, 2018
Sold by
Hansen Linda A and Hansen Robert M
Bought by
Nedden Durst John R and Nedden Durst Lynda

Purchase Details

Listed on
Sep 15, 2016
Closed on
Dec 9, 2016
Sold by
Nedden Durst John R and Nedden Durst Lynda
Bought by
Grover Glen J and Hansen Linda A
Seller's Agent
Brok Hansmeyer
RE/MAX Results
Buyer's Agent
Linda Hansen
Edina Realty, Inc. - Duluth
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$64,900
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 22, 2002
Sold by
Washington Mutual Bank Fa
Bought by
Durst Mary Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
7.16%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $115,000 Gibraltar Title
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $92,000 New Conventional
Previous Owner $17,832 No Value Available
Previous Owner $89,320 Construction
Previous Owner $64,900 Land Contract Argmt. Of Sale
Previous Owner $54,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2026 02/26/26 Sold $115,000 -4.1% $73 / Sq Ft
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
Source: Lake Superior Area REALTORS®

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 $1,684 $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

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6123316

APN: 450007000640

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