506 N 2nd Ave E Duluth, MN 55805
Central Hillside NeighborhoodEstimated Value: $166,000 - $230,000
2
Beds
1
Bath
1,126
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- No HOA
- Entrance Foyer
- Hot Water Heating System
- Porch
About This Home
As of February 2024Great 2 bedroom, 1 bathroom home with huge side yard. Currently rented out and has a rental license. Tenant pays $1030 a month and the lease expires 7/31/2024. This would be an awesome single family home for an owner, once the lease expires or is cancelled. Tenant pays all utilities. Home is heated with a boiler and has radiators. The rooms are large and the master bedroom has an awesome sitting room that could be used as a nursery or an amazing closet. This property also comes with a vacant parcel of land PID# 010-1010-00380 that you can use for parking or building a garage and will allow you to avoid the rental license parking fee. Have you ever wanted to own 2 rental properties right next to each other? This property can be purchased with another property next door, 504 N 2nd Ave E, for a discount.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,922
Year Built
- Built in 1891
Lot Details
- 3,703 Sq Ft Lot
- Lot Dimensions are 80x100
- Additional Parcels
Interior Spaces
- 1,126 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Stone or Rock in Basement
Outdoor Features
- Porch
Utilities
- Hot Water Heating System
- Boiler Heating System
- Radiant Heating System
- Cable TV Available
Community Details
- No Home Owners Association
- Duluth Proper 1St Div East 5Th Street Subdivision
Listing and Financial Details
- Assessor Parcel Number 010101000400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2023
Closed on
Feb 23, 2024
Sold by
H & F Properties 2Nd Ave Llc
Bought by
Mckinney Joel
Seller's Agent
Tom Acton
RE/MAX Results Duluth
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$175,000
Sold Price
$162,500
Premium/Discount to List
-$12,500
-7.14%
Total Days on Market
119
Views
755
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
$24,611
Avg. Annual Appreciation
12.04%
Purchase Details
Closed on
Sep 6, 2014
Sold by
Grover Russell H and Grover Susan M
Bought by
H & F Properties 2Nd Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Duluth, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckinney Joel | $162,500 | -- | |
| H & F Properties 2Nd Ave Llc | $450,000 | Arrowhead Abstract |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | H & F Properties 2Nd Ave Llc | $395,000 | |
| Previous Owner | H & F Properties 2Nd Ave Llc | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $162,500 | -4.4% | $144 / Sq Ft |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | Price Changed | $170,000 | -2.9% | $151 / Sq Ft |
| 10/04/2023 10/04/23 | For Sale | $175,000 | -- | $155 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,772 | $138,000 | $16,000 | $122,000 |
| 2022 | $1,718 | $127,000 | $14,800 | $112,200 |
| 2021 | $1,454 | $103,100 | $13,700 | $89,400 |
| 2020 | $1,364 | $88,900 | $11,800 | $77,100 |
| 2019 | $1,354 | $80,900 | $10,700 | $70,200 |
| 2018 | $1,252 | $80,900 | $10,700 | $70,200 |
| 2017 | $1,004 | $79,900 | $10,700 | $69,200 |
| 2016 | $980 | $0 | $0 | $0 |
| 2015 | $994 | $63,800 | $8,100 | $55,700 |
| 2014 | $994 | $63,800 | $8,100 | $55,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Acton
Seller's Agent in 2024
Tom Acton
RE/MAX
(218) 310-8859
5 in this area
442 Total Sales
-
N
Buyer's Agent in 2024
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6441608
APN: 010101000400
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 202 E 7th St
- 112 E 5th St
- 311 E Superior St
- 702 E 7th St
- 711 E 8th St
- 26 E Superior St
- 109 W 10th St
- 430 E 13th St
- XXX E 13th St
- 307 W 5th St
- 317 N 3rd Ave W Unit 317, 319, 321, 323
- 901 E 6th St
- 426 E 13th St
- 1321 Fern Ave
- 825 N 10th Ave E
- 325 S Lake Ave
- 516 W 5th St
- 908 E Skyline Pkwy
- 1430 N 9th Ave E
- 1205 E 3rd St