$79,000
SOLD OCT 28, 2013

518 N Lake Ave Duluth, MN 55805

Central Hillside Neighborhood
4 Beds
2 Baths
1,600 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

21% Below List Price

36 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Wood Flooring
  • Eat-In Kitchen
  • 3-minute walk to Washington Community Center

About This Home

As of May 2020

Investment opportunity in great condition! Both units well kept, updated mechanicals, maintenance-free windows & siding. Off street parking. Sellers just put on a brand new roof! Great rental history.

Last Agent to Sell the Property

Alicia Lokke

Real Living Messina & Associates Listed on: 05/08/2013

Last Buyer's Agent

Mary Binsfield

Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1891

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56x100

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Location

  • Lower Level
  • Upper Level

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $15,540

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 010-1030-00840/00860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,356

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 228.86
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 010-1030-00840/00860
  • Price Per Square Foot: 49.38
  • Projected Closed Date: 10/28/2013
  • Rental License: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 1584.68
  • Estimated Number of Acres: 0.13
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1600
  • Total Fin Square Footage: 1600
  • Total Square Footage: 1600

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Exterior Amenities: Deck, Porch

Garage/Parking

  • Number Off Street Parking: 3

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 56x100

Rental Info

  • Tenant Expense: Electric

Building Info

  • Year Built: 1891

Multi Family

  • Est Annual Gross Expense: 3150
  • Est Annual Gross Income: 15540

Tax Info

  • Year: 2012
  • Tax Value: 1355.82

MLS Schools

  • School District: Duluth #709

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

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $60,000 0.0% $38 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $60,000 -24.1% $38 / Sq Ft
10/28/2013 10/28/13 Sold $79,000 -20.9% $49 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $99,900 -- $62 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rod Graf

    Edmunds Company, LLP

    (218) 340-1366

    1 in this area

    123 Total Sales

    Rod Graf
    Section Image

  • A

    Seller's Agent in 2013

    Alicia Lokke

    Real Living Messina & Associates

  • M

    Buyer's Agent in 2013

    Mary Binsfield

    Real Estate Services

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4474933

REALTOR® Association of Southern Minnesota

Minnesota St Louis County Duluth 55805 Central Hillside

518 N Lake Ave, Duluth, MN

This home is located at 518 N Lake Ave, Duluth, MN 55805 and is currently priced at $79,000, approximately $49 per square foot. This property was built in 1891. 518 N Lake Ave is a home located in St. Louis County with nearby schools including Myers-Wilkins Elementary, Lincoln Park Middle School, and Denfeld High School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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