NOT LISTED FOR SALE

509 W 5th St Duluth, MN 55806

Central Hillside Neighborhood

Estimated Value: $243,000 - $290,678

5 Beds
2 Baths
1,972 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $200,000 $101 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,617/month

203 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Lower Floor Utility Room
  • Traditional Architecture
  • No HOA
  • Formal Dining Room

About This Home

As of February 2023

Great opportunity for a strong investment, or a great home with ALL the space! Offering 5 bedrooms, 2 baths and a garage, this large Observation Hill traditional offers all the space you could want, an incredible rental opportunity with a strong lease history (currently renting for $1750/month+ utilities), or a quick conversion to a duplex, for even better investment potential! All this with a Seasonal Lake View, and park like front yard, Call today!

Last Agent to Sell the Property

Amy Spampinato

RE/MAX Professionals - Duluth Listed on: 07/04/2022

RE/MAX Professionals - Duluth

Co-Listed By

Nicholas VanDoornevelt

Professional Support Services, LLC.

Last Buyer's Agent

Nicholas VanDoornevelt

Professional Support Services, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1918

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Elevated Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Plaster Walls
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Frame Window
  • Entryway
  • Family Room
  • Living Room
  • Formal Dining Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • City Lights Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jack-and-Jill Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-1290-00790

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,343

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 4th St to 5th Ave W then up to 5th St.
  • L O1 Office Phone1 Number: 218-722-6683
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Drywalls, Plaster Walls
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1972
  • Garage Type: Detached
  • Heat: Boiler, Natural Gas
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 5
  • Year Built: 1918
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Unfinished, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Stone
  • Basement Style: Full
  • Bathroom Description: 3/4 Upper, Full Upper, Full Jack & Jill
  • Formal Dining: Formal Dining Room
  • Extra Rooms: Family/Rec, Entry
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1972
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Metal
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High
  • Parcel Number: 010-1290-00790

Rental Info

  • Lease Terms: Cash, Conventional, FHA, FHA 203k, VA DVA

Tax Info

  • Tax Amount: 2343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Feb 3, 2023
Sold by
Rossbach Gage and Rossbach Anna
Bought by
Mariska Bradley C
Seller's Agent
Amy Spampinato
RE/MAX Professionals - Duluth
Buyer's Agent
Nicholas VanDoornevelt
Professional Support Services, LLC.
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$262,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,420
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Nov 20, 2019
Sold by
Throndson Robert H and Throndson Sara B
Bought by
Rossbach Gage and Rossbach Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Shiprock Investments Llc
Bought by
Throndson Robert H and Throndson Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Shippee Blake Marshall
Bought by
Shiprock Investments Llc

Purchase Details

Closed on
Apr 30, 2004
Sold by
Fjr Properties Llc
Bought by
Shippee Blake Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Roffers Frank J and Roffers Jill L
Bought by
Fjr Properties Llc

Purchase Details

Closed on
May 11, 2001
Sold by
Tanner Clayton H and Tanner Susan
Bought by
Roffers Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mariska Bradley C $200,000 First American Title
Rossbach Gage $145,000 Consolidated Ttl & Abstract
Throndson Robert H $115,000 Cons Title
Shiprock Investments Llc -- None Available
Shippee Blake Marshall $109,900 Lakeview Title
Fjr Properties Llc -- --
Roffers Frank $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossbach Gage $137,750
Previous Owner Throndson Robert H $92,000
Previous Owner Shippee Blake Marshall $104,400
Previous Owner Roffers Frank $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $200,000 0.0% $101 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
07/04/2022 07/04/22 For Sale $200,000 -- $101 / 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 $2,836 $205,800 $55,600 $150,200
2023 $2,836 $179,700 $53,800 $125,900
2022 $2,556 $167,300 $50,400 $116,900
2021 $2,230 $142,700 $23,300 $119,400
2020 $2,544 $137,200 $22,500 $114,700
2019 $2,290 $152,300 $22,500 $129,800
2018 $2,080 $137,900 $22,500 $115,400
2017 $1,706 $133,900 $22,400 $111,500
2016 $1,664 $103,800 $27,600 $76,200
2014 $1,695 $109,600 $21,200 $88,400
Source: Public Records

Agents Affiliated with this Home

  • Amy Spampinato

    Seller's Agent in 2023

    Amy Spampinato

    RE/MAX

    (218) 348-7027

    8 in this area

    161 Total Sales

    Amy Spampinato
    Section Image

  • N

    Seller Co-Listing Agent in 2023

    Nicholas VanDoornevelt

    Professional Support Services, LLC.

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103996

APN: 010129000790

Minnesota St Louis County Duluth 55806 Central Hillside

509 W 5th St, Duluth, MN

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