NOT LISTED FOR SALE

Estimated Value: $272,000 - $344,000

3 Beds
2 Baths
1,520 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $152,500 $100 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,920/month

43 Days on Market

Highlights

  • Lake View
  • Traditional Architecture
  • Den
  • Deck
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2016

515 W 5th St is a gorgeous 3 bed, 2 bath home in the Observation Hill neighborhood of Duluth. This lovely home has everything! The main level includes a master bedroom suite with bath, laundry and walk in closet, formal dining room with beautiful built in hutch and leaded windows, eat in kitchen, 2 living room areas, spacious front porch with a lake view, and hardwood floors throughout. Upstairs you will find 2 more nice sized bedrooms with lots of closet space and a second bathroom. Take in the stunning views of Lake Superior from the back deck and roof (a perfect spot to watch 4th of July fireworks, and a great location for a future deck!). Don’t miss out on this one! It is sure to move fast, so schedule a showing today!

Last Listed By

Brok Hansmeyer

RE/MAX Results Listed on: 05/16/2016

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1881

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Landscaped
  • Few Trees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Unfinished Basement

  • Walk-Out Basement
  • Stone Basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-1290-00810

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West 5th St just off of Mesaba Ave.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 100.33
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Walk-In Closet, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1520
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1881
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator
  • Basement Features: Unfinished, Walkout
  • Basement Material: Stone
  • Estimated Basement Sq Ft: 1050
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Upper
  • Bathroom Description: Private Master
  • Formal Dining: Eat-In Kitchen, Formal Dining Room
  • Extra Rooms: Den/Office
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1520
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Metal

Utilities

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

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2016-10-18
  • Estimated Lot Dimensions: 50x150
  • Estimated Number of Acres: 0.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Light, Underground Utilities
  • Parcel Number: 010-1290-00810

Rental Info

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

Tax Info

  • Tax Amount: 1436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Oct 13, 2016
Sold by
Schadl John A and Oden Holly R
Bought by
Obije Charles Emeke
Seller's Agent
Brok Hansmeyer
RE/MAX Results
Buyer's Agent
Luke Hansmeyer
Messina & Associates Real Estate
List Price
$152,500
Sold Price
$152,500
Total Days on Market
43
Current Estimated Value
$298,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,930
Avg. Annual Appreciation
8.10%
Original Mortgage
$149,737
Outstanding Balance
$121,570
Interest Rate
3.44%
Mortgage Type
FHA
Estimated Equity
$176,860

Purchase Details

Closed on
Aug 23, 1996
Sold by
High Warren L and High Patsy R
Bought by
Schadl John A and Oden Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.11%

Range of Values:

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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
Obije Charles Emeke $152,500 Stewart Title
Schadl John A $19,500 Arrowhead Title & Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obije Charles Emeke $149,737
Previous Owner Schadl John A $67,332
Previous Owner Schadl John A $4,020
Previous Owner Schadl John A $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $152,500 0.0% $100 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $152,500 -- $100 / 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
2023 $2,994 $218,900 $53,800 $165,100
2022 $2,520 $203,500 $50,400 $153,100
2021 $2,358 $171,400 $25,300 $146,100
2020 $2,424 $164,900 $24,300 $140,600
2019 $2,128 $164,900 $24,300 $140,600
2018 $1,914 $149,100 $24,300 $124,800
2017 $1,468 $145,000 $24,400 $120,600
2016 $1,436 $115,600 $27,100 $88,500
2015 $1,460 $91,400 $17,900 $73,500
2014 $1,460 $91,400 $17,900 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6022470

APN: 010129000810