Seller's Agent in 2021
Steve Braman
RE/MAX
(218) 310-2590
5 in this area
388 Total Sales
523 W 3rd St Duluth, MN 55806
Central Hillside Neighborhood
4
Beds
3
Baths
2,128
Sq Ft
4,792
Sq Ft Lot
Highlights
- Bay View
- Forced Air Heating System
- Elevated Lot
- Fireplace
About This Home
As of October 2021A historic Duluth Duplex with stunning views of the Harbor & Lake Superior. This is definitely a great portfolio add, or also a great property to Owner Occupy! The mechanicals have been updated, as well as mostly all the windows! Maint. free siding. The layout is great with super tall ceilings, large spaces with plenty of light. The upper level has an impressive sun-room, master en-suite. Both units have in-unit laundry!! Savvy investment opportunity is RIGHT HERE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,909
Year Built
- Built in 1890
Lot Details
- 4,792 Sq Ft Lot
- Elevated Lot
Property Views
- Bay
- Lake
- Panoramic
- City Lights
Home Design
- Duplex
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,128 Sq Ft Home
- Multi-Level Property
- Fireplace
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Stone Basement
Parking
- No Garage
- Off-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for internet service, cable TV, electric
- Assessor Parcel Number 010-1270-00830
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2021
Closed on
Oct 12, 2021
Sold by
Verlooy Life and Verlooy Stephanie
Bought by
Simplicity Properties Llc
Seller's Agent
Steve Braman
RE/MAX Results
Buyer's Agent
Kevin Kalligher
RE/MAX Results
List Price
$249,900
Sold Price
$253,500
Premium/Discount to List
$3,600
1.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Outstanding Balance
$184,533
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Verlooy Life and Verlooy Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
3.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 17, 2010
Sold by
Finn Paula J
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Aug 23, 2006
Sold by
Broxic Thomas J and Broxic Jean E
Bought by
Finn Paula
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,150
Interest Rate
6.7%
Mortgage Type
Commercial
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Simplicity Properties Llc | $253,500 | First American Title Ins Co | |
| Verlooy Life | $84,000 | Premium Title Services | |
| Deutsche Bank National Trust Company | $183,504 | None Available | |
| Finn Paula | $182,500 | Lakeview Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simplicity Properties Llc | $202,800 | |
| Previous Owner | Verlooy Life | $108,800 | |
| Previous Owner | Finn Paula | $164,150 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $253,500 | +1.4% | $119 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 09/09/2021 09/09/21 | For Sale | $249,900 | -- | $117 / Sq Ft |
Source: Lake Superior Area REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $3,484 | $274,900 | $39,300 | $235,600 |
| 2023 | $3,484 | $251,700 | $38,100 | $213,600 |
| 2022 | $4,066 | $233,800 | $35,700 | $198,100 |
| 2021 | $3,822 | $201,200 | $19,300 | $181,900 |
| 2020 | $3,934 | $193,400 | $18,500 | $174,900 |
| 2019 | $3,510 | $193,400 | $18,500 | $174,900 |
| 2018 | $2,442 | $173,900 | $18,500 | $155,400 |
| 2017 | $2,174 | $176,800 | $18,500 | $158,300 |
| 2016 | $2,124 | $188,300 | $10,000 | $178,300 |
| 2015 | $2,108 | $134,100 | $21,800 | $112,300 |
| 2014 | $2,108 | $134,100 | $21,800 | $112,300 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Braman
-
Kevin Kalligher
Buyer's Agent in 2021
Kevin Kalligher
RE/MAX
(218) 606-0198
13 in this area
280 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6099559
APN: 010127000830
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