Tracey Tellor
Tellor Realty LLC
(218) 506-6382
118 Total Sales
2 in Proctor
$200K - $472K Price Range
505 Summit Ave Duluth, MN 55810
Proctor AreaEstimated Value: $137,804
5
Beds
1.5
Baths
1,575
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- Public Water Access
- Detached Garage
- Living Room
About This Home
As of February 2026Renovation-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
Heirloom Realty, LLC Brokerage Phone: License #MN 40724316 Listed on: 01/09/2026
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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
- Detached Garage
Home Design
- Vinyl Construction Material
Interior Spaces
- 1,575 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Public Water Access
Listing and Financial Details
- Assessor Parcel Number 450-0070-00640
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2026
Closed on
Mar 11, 2026
Sold by
Bought by
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,804
Avg. Annual Appreciation
52.30%
Original Mortgage
$92,000
Outstanding Balance
$91,730
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$46,074
Purchase Details
Closed on
Dec 5, 2025
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Apr 10, 2018
Sold by
Bought by
Purchase Details
Listed on
Sep 15, 2016
Closed on
Dec 9, 2016
Sold by
Bought by
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
5.81%
Purchase Details
Closed on
Mar 22, 2002
Sold by
Bought by
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Duluth, MN
-
Tracey Tellor
-
Mike Raivala
Mike Raivala
Responds QuicklyRE/MAX Results
(218) 520-4680
305 Total Sales
1 in Proctor
$165,000 Price
-
Mike Jorgensen
Mike Jorgensen
Edina Realty, Inc. - Duluth
(218) 522-8572
57 Total Sales
2 in Proctor
$442,500 Price Range
-
Jamie Sathers-Day
Jamie Sathers-Day
JS Realty
(218) 626-6929
358 Total Sales
26 in Proctor
$18K - $850K Price Range
-
Beverly J. Van Alstine
Beverly J. Van Alstine
Messina & Associates Real Estate
(218) 520-8553
101 Total Sales
4 in Proctor
$158K - $545K Price Range
-
Laura Brekke
Laura Brekke
Century 21 Atwood
(218) 520-5832
53 Total Sales
2 in Proctor
$213K - $305K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $115,000 | Gibraltar Title | ||
| $64,900 | Gibraltar Title | ||
| $76,000 | Gibraltar Title | ||
| $45,500 | Arrowhead Abstract & Title | ||
| -- | None Available | ||
| -- | None Available | ||
| $79,900 | None Available | ||
| $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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $92,000 | ||
| Previous Owner | $17,832 | ||
| Previous Owner | $89,320 | ||
| Previous Owner | $54,250 |
Source: Public Records
Property 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 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Neal Jacobi
N
Seller's Agent in 2026
Neal Jacobi
Heirloom Realty, LLC
(715) 892-6325
118 Total Sales
-
Katie Carter
Buyer's Agent in 2026
Katie Carter
RE/MAX
(218) 213-4210
105 Total Sales
-
Brok Hansmeyer
Seller's Agent in 2016
Brok Hansmeyer
RE/MAX
(218) 390-1132
153 Total Sales
-
L
Buyer's Agent in 2016
Linda Hansen
Edina Realty, Inc. - Duluth
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6123316
APN: 450007000640
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