NOT LISTED FOR SALE

5616 Main St Duluth, MN 55807

Irving Neighborhood

Estimated Value: $193,000 - $225,000

3 Beds
1 Bath
1,232 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $75,000 $61 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,201/month

41 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Views
  • 2-minute walk to Irving Park

About This Home

As of July 2015

Great location for this spacious traditional home, near Irving Park Community Center. Easy access to West Duluth businesss and schools. Walking distance to Raleigh Edison School. Fenced yard, 2 car garage. The home was updated in 2015 with new high efficiency gas furnace, new windows & exterior doors, new flooring throughout. Home has market value of $100,000 but is being sold $25,000 below market value to income qualified buyers. Approximate house payment (includes principal, interest, taxes & insurance) of $550 per month. Purchase with as little as $1000 out of pocket. Call for details.

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 04/24/2015

Last Buyer's Agent

Jim Philbin

1 Roof Community Housing Listed on: 04/24/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x75
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-4470-06450

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: I-35 exit to Central Ave to Main St
  • L O1 Office Phone1 Number: 218-727-5372
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Fenced Yard - Partial
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1232
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Open House End Time: 12:00
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1920
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 2
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1232
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Metal

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 45x75
  • Estimated Number of Acres: 0.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4470-06450

Tax Info

  • Tax Amount: 1154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jul 10, 2015
Bought by
Colborn Donna Donna
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Jim Philbin
1 Roof Community Housing
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$206,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,682
Avg. Annual Appreciation
10.28%
Original Mortgage
$75,000
Outstanding Balance
$58,684
Interest Rate
4.04%
Estimated Equity
$151,359

Purchase Details

Closed on
Oct 28, 2014
Sold by
Rundell Candace Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.92%

Purchase Details

Closed on
Nov 18, 2002
Sold by
Dewsbury Lois Elsie and Kube Carol Harriet
Bought by
Northern Communities Land Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Colborn Donna Donna $100,000 --
-- $57,000 --
Northern Communities Land Trust $85,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colborn Donna Donna $75,000
Previous Owner -- $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2015 07/10/15 Sold $75,000 0.0% $61 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $75,000 -- $61 / 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 $1,454 $173,000 $7,800 $165,200
2023 $1,454 $163,600 $6,600 $157,000
2022 $1,572 $145,800 $8,400 $137,400
2021 $1,398 $118,000 $6,800 $111,200
2020 $1,332 $109,600 $6,300 $103,300
2019 $1,324 $104,100 $6,000 $98,100
2018 $1,168 $104,100 $6,000 $98,100
2017 $1,170 $100,100 $7,600 $92,500
2016 $1,130 $100,100 $7,600 $92,500
2015 $1,654 $70,700 $5,400 $65,300
2014 $1,654 $70,700 $5,400 $65,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    2 in this area

    94 Total Sales

    Jim Philbin
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6015609

APN: 010447006450

Minnesota St Louis County Duluth 55807 Irving

5616 Main St, Duluth, MN

Not Listed for Sale

Detached

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