NOT LISTED FOR SALE

5807 Olney St Duluth, MN 55807

Cody Neighborhood

Estimated Value: $193,000 - $228,000

2 Beds
1 Bath
1,088 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $110,000 $101 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,278/month

22 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Living Room
  • Wood Flooring
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of October 2020

Spacious 2 bedroom home in West Duluth features high ceilings & hardwood floors, along with a great 3 season porch with new windows & doors. Home has a market value of $140,000 but is being sold $30,000 below market value to income qualified buyers. Purchase with as little as $1500 out of pocket. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $43,050 (1); 49,200 (2); $55,350 (3); $61,450 (4); $66,400 (5); $71,300 (6).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 08/12/2020

Last Buyer's Agent

Jim Philbin

1 Roof Community Housing Listed on: 08/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1916

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 29x125
  • Land Lease of $34

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-4520-05580

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,810

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Grand Ave to 59th Ave W to Olney St
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • List Price/ Sq Ft: 101.1
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1088
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1916
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bathroom
  • Room 7: 3 Season Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1088
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Metal, Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2020-08-12
  • Estimated Lot Dimensions: 29X125
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4520-05580

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jan 17, 2020
Sold by
Hampton Steven and Hampton Stacey
Bought by
One Roof Community Housing
Seller's Agent
Sheryl Homan
Edina Realty, Inc. - Duluth
Buyer's Agent
Jim Philbin
1 Roof Community Housing
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$213,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,346
Avg. Annual Appreciation
8.89%
Original Mortgage
$96,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jan 24, 2013
Sold by
Wells Fargo Bank National Association
Bought by
Hampton Steven and Hampton Stacey
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Tom Acton
RE/MAX 1 - Duluth
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
Oct 6, 2011
Sold by
Wehrman Russell E
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jun 30, 2005
Sold by
Banks Nancy Jo and Banks Nancy
Bought by
Wehrman Russell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,040
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
One Roof Community Housing $120,000 Arrowhead Abstract & Ttl Co
Hampton Steven $42,000 None Available
Wells Fargo Bank National Association $102,748 None Available
Wehrman Russell E $98,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stauber Bethany L $105,000
Closed Stauber Bethany L $105,000
Closed One Roof Community Housing $96,000
Previous Owner Hampton Steven L $60,000
Previous Owner Wehrman Russell E $10,312
Previous Owner Wehrman Russell E $96,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $110,000 0.0% $101 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $110,000 -8.3% $101 / Sq Ft
01/17/2020 01/17/20 Sold $120,000 0.0% $110 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $120,000 +185.7% $110 / Sq Ft
01/25/2013 01/25/13 Sold $42,000 -6.7% $45 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $45,000 -- $48 / 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
2023 $1,380 $161,700 $9,100 $152,600
2022 $1,718 $156,900 $8,900 $148,000
2021 $1,840 $126,300 $7,200 $119,100
2020 $1,810 $112,900 $7,000 $105,900
2019 $1,646 $107,900 $6,600 $101,300
2018 $1,446 $98,700 $6,600 $92,100
2017 $1,446 $92,600 $8,500 $84,100
2016 $1,410 $92,600 $8,500 $84,100
2015 $1,065 $92,600 $8,500 $84,100
2014 $1,065 $55,100 $5,500 $49,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    8 in this area

    103 Total Sales

    Section Image
  • Sheryl Homan

    Seller's Agent in 2020

    Sheryl Homan

    Edina Realty, Inc. - Duluth

    (218) 260-8722

    4 in this area

    158 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2020

    Hugh Griffin

    Edina Realty, Inc. - Duluth

  • M

    Seller's Agent in 2013

    Michelle Lyons

    Port Cities Realty, LLC

  • T

    Buyer's Agent in 2013

    Tom Acton

    RE/MAX

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6092315

APN: 010452005580

Minnesota St Louis County Duluth 55807 Cody

5807 Olney St, Duluth, MN

This home is located at 5807 Olney St, Duluth, MN 55807 since 12 August 2020 and is currently estimated at $213,346, approximately $196 per square foot. This property was built in 1916. 5807 Olney St is a home located in St. Louis County with nearby schools including Laura MacArthur Elementary School, 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.

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