NOT LISTED FOR SALE

Estimated Value: $237,000 - $270,486

3 Beds
1.5 Baths
1,670 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $156,000 $93 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,909/month

3 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Views
  • Lower Floor Utility Room
  • Breakfast Bar
  • Entrance Foyer

About This Home

As of May 2019

Indeed not the ordinary Aspenwood condo! A rare find, this brilliantly designed Condo is beyond impressive! Welcome to 506 Madison Ave! With this coveted layout, this three bedrooms, two bath home has been beautifully styled and perfectly maintained. You are greeted into a spacious foyer with plenty of space to remove hats, coats, and shoes plus a 1/2 bath. The open concept of living/dining/kitchen space has natural light flooding through the wall of windows enhance the gleaming hardwood floors and striking contemporary wall color! A dreamy kitchen with black cherry stained cabinetry, an abundance of counter space, new stainless appliances, plus a view of the park through the kitchen window. The upper-level hosts three sizable bedrooms, all with ample closet space, hardwood floors, generously sized windows and a newly renovated full bath w/jacuzzi tub, granite, and tiled floors. The lower level has a fantastic family rec room! , warm and welcoming enjoy your favorite movies this ideal spot. A spotless laundry and storage room completes this level. The outdoor living space offers a charming new deck with privacy wall and a relaxing view of the backgrounds. Are you ready to let someone else remove snow and mow the grass? Come out and see this how this lifestyle may fit what you have been looking for! The list of updates/upgrades: Furnace (2018),newer windows throughout (2008-2009), new deck (2017), new appliances, sump pump, and tiled flooring.

Last Agent to Sell the Property

Nicki Conrad

Messina & Associates Real Estate Listed on: 03/27/2019

Last Buyer's Agent

Casey Carbert

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1960

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Breakfast Bar
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include snow removal, lawn care

Listing and Financial Details

  • Assessor Parcel Number 010-0163-00110

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,780

Year Built

Built in 1960

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Arrowhead Rd to MadisonAvd down to Park Condo on the left side
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2019
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Foyer Entry
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1152
  • Below Grade Finished Sq Ft: 518
  • Garage Type: Detached
  • Heat: Forced Air
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 3
  • Year Built: 1960
  • Level 1 Bedroom: Lower
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Lower
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Upper
  • Bathroom Description: 1/2 Main Floor
  • Formal Dining: Breakfast Bar, Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1670
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Energy Windows, Screens

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 355

Fee Information

  • Association Fee Includes: Snow Removal, Lawn Care

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-0163-00110

Rental Info

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

Tax Info

  • Tax Amount: 1780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 6, 2019
Sold by
Zimpel Jody L
Bought by
Osterlund Jackie L
Seller's Agent
Nicki Conrad
Messina & Associates Real Estate
Buyer's Agent
Casey Carbert
Edmunds Company, LLP
List Price
$156,000
Sold Price
$156,000
Current Estimated Value
$248,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,122
Avg. Annual Appreciation
7.21%
Original Mortgage
$58,000
Outstanding Balance
$50,678
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$197,444
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Osterlund Jackie L $156,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osterlund Jackie L $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $156,000 0.0% $93 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $156,000 -- $93 / 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 $3,072 $245,000 $22,000 $223,000
2023 $3,072 $224,400 $22,000 $202,400
2022 $2,108 $190,000 $21,300 $168,700
2021 $2,068 $148,200 $20,500 $127,700
2020 $1,964 $148,200 $20,500 $127,700
2019 $1,780 $139,500 $18,400 $121,100
2018 $1,656 $129,500 $18,000 $111,500
2017 $1,650 $129,500 $18,000 $111,500
2016 $1,614 $0 $0 $0
2015 $1,403 $87,600 $13,200 $74,400
2014 $1,403 $87,600 $13,200 $74,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081392

APN: 010016300110