NOT LISTED FOR SALE

Estimated Value: $220,000 - $325,000

-- Bed
1 Bath
8,932 Sq Ft
$32/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $25,000 $3 Per Sq Ft

Est. 1,030% increase in value since last sale

Current estimated payment $1,887/month

40 Days on Market

About This Home

As of November 2014

Opportunity Awaits! Complete rehab needed. 6-plex! Fire damaged. Previous units: 1 bedroom units-2 2 bedroom units-3 3 bedroom units-1 Nice lot on busline, close to Spirit Valley business district.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 125x125

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 8,932 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 010-4520-10580

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Parcel Number: 010-4520-10580
  • Price Per Square Foot: 2.8
  • Projected Closed Date: 11/17/2014
  • Stories: 2 Story
  • Estimated Number of Acres: 0.35
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 5932
  • Total Fin Square Footage: 8932
  • Total Square Footage: 8932
  • Below Grade Finished Sq Ft: 3000

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Flat

Garage/Parking

  • Number Off Street Parking: 4

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 125x125

Building Info

  • Year Built: 1916

Tax Info

  • Year: 2014
  • Tax Value: 2330.46

MLS Schools

  • School District: Duluth #709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Rudolph Mark and Western Lake Superior Habitat
Bought by
Maalis April M
Total Days on Market
40
Current Estimated Value
$282,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,987
Outstanding Balance
$201,354
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,602

Purchase Details

Closed on
Jun 12, 2019
Sold by
City Of Duluth
Bought by
Lake Superior Habitat For Humanity

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 17, 2014
Sold by
Marinac Tad S and Marinac Lisa
Bought by
Kroll Ronald and Kroll Jennifer Ann
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.85%

Purchase Details

Closed on
Dec 16, 2013
Sold by
Great Southern Bank
Bought by
Marinac Tad S

Purchase Details

Closed on
May 20, 2013
Sold by
Johnson Charles E and Johnson Mary Roe
Bought by
Great Southern Bank

Purchase Details

Closed on
Dec 21, 2001
Sold by
Pelican Gerald M and Pelican Marcia J
Bought by
Johnson Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,875
Interest Rate
6.92%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Maalis April M $255,000 First American Title Ins Co
Lake Superior Habitat For Humanity -- None Available
Kroll Ronald $25,000 Stewart Title Minnesota Inc
Marinac Tad S -- None Available
Great Southern Bank $5,950 None Available
Johnson Charles E $182,500 Pioneer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maalis April M $217,987
Closed Maalis April M $30,000
Closed Maalis April M $7,013
Previous Owner Johnson Charles E $136,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2014 11/17/14 Sold $25,000 -16.7% $3 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $30,000 -- $3 / 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 $3,846 $289,000 $19,800 $269,200
2022 $0 $263,800 $19,300 $244,500
2021 $2,194 $188,700 $15,700 $173,000
2020 $2,194 $73,100 $15,200 $57,900
2019 $0 $14,400 $14,400 $0
2018 $0 $12,900 $12,900 $0
2017 $0 $33,100 $33,100 $0
2016 $2,194 $33,800 $33,100 $700
2014 $2,330 $124,500 $15,600 $108,900
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4673046

REALTOR® Association of Southern Minnesota

APN: 010452010580