NOT LISTED FOR SALE

5243 Midway Rd Duluth, MN 55811

Estimated Value: $286,000 - $398,000

3 Beds
1 Bath
1,207 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $36,900 $31 Per Sq Ft

Est. 848% increase in value since last sale

Current estimated payment $2,025/month

48 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Baseboard Heating
  • Proctor Senior High School Rated 9+

About This Home

As of March 2013

This property is eligible under the Freddie Mac First Look Initiative through 2/14/13 (15 days from listing date) Owner Occupant offers may be eligible for ncentives. See www.homesteps.com for potential incentives. 3+ bd/1bth on 2.5 acres. Needs elec & plumbing and finishing work.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 01/30/2013

Last Buyer's Agent

Jim Aird

Olafson-Genereau Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,140

Year Built

  • 1953

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 330 x 330

Parking

  • 1 Car Attached Garage

Home Design

  • 1,207 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 280-0013-00586

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,140

Year Built

1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 2.5
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1040
  • Parcel Number: 280-0013-00586
  • Projected Closed Date: 04/05/2013
  • Stories: 1.25 - 1.75 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1207
  • Total Fin Square Footage: 1207
  • Total Square Footage: 1767

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Electric, Oil
  • Heat: Baseboard, Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 330 x 330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2013
Closed on
Mar 21, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Meyer Nicholas
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Jim Aird
Olafson-Genereau Realty
List Price
$49,900
Sold Price
$36,900
Premium/Discount to List
-$13,000
-26.05%
Current Estimated Value
$349,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,978
Avg. Annual Appreciation
18.98%

Purchase Details

Closed on
Jan 10, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 24, 2012
Sold by
Ostman Thomas J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 15, 2006
Sold by
Carlson Karen M and Chesney Karen M
Bought by
Ostman Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Chesney Marlin P
Bought by
Carlson Karen Marie and Chesney Karen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2003
Sold by
Sathers James S and Sathers Jaclyn M
Bought by
Chesney Karen M and Chesney Marlin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
6%

Purchase Details

Closed on
Jul 2, 2001
Sold by
Gielarowski Mark W
Bought by
Sathers James S and Sathers Jaclyn M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meyer Nicholas -- Land Title Inc
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $148,104 None Available
Ostman Thomas J $162,875 Rels Title
Carlson Karen Marie -- None Available
Chesney Karen M $119,500 Arrowhead Abstract & Title C
Sathers James S $50,000 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Nicholas $15,000
Open Meyer Nicholas $42,000
Closed Meyer Nicholas $8,000
Closed Meyer Nicholas $40,000
Closed Meyer Nicholas $20,000
Previous Owner Ostman Thomas J $129,900
Previous Owner Carlson Karen Marie $32,475
Previous Owner Chesney Marlin P $124,000
Previous Owner Chesney Karen M $95,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $36,900 -26.1% $31 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $49,900 -- $41 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,140 $233,700 $63,800 $169,900
2022 $2,274 $206,100 $61,000 $145,100
2021 $2,094 $193,900 $50,800 $143,100
2020 $2,086 $189,700 $49,400 $140,300
2019 $1,890 $185,500 $49,400 $136,100
2018 $1,948 $174,000 $49,400 $124,600
2017 $1,696 $174,000 $49,400 $124,600
2016 $1,480 $159,300 $37,500 $121,800
2015 $1,171 $101,600 $29,600 $72,000
2014 $1,171 $101,600 $29,600 $72,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michelle Lyons

    Port Cities Realty, LLC

  • J

    Buyer's Agent in 2013

    Jim Aird

    Olafson-Genereau Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4436285

REALTOR® Association of Southern Minnesota

APN: 280001300586

Minnesota St Louis County Duluth 55811

5243 Midway Rd, Duluth, MN

This home is located at 5243 Midway Rd, Duluth, MN 55811 since 30 January 2013 and is currently estimated at $349,878, approximately $289 per square foot. This property was built in 1953. 5243 Midway Rd is a home located in St. Louis County with nearby schools including Pike Lake Elementary School, Jedlicka Middle School, and Proctor Senior 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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