J
Seller's Agent in 2020
Jim Philbin
1 Roof Community Housing
(218) 348-6258
6 in this area
94 Total Sales
5807 Olney St Duluth, MN 55807
Cody NeighborhoodEstimated Value: $191,000 - $228,000
2
Beds
1
Bath
1,088
Sq Ft
$189/Sq Ft
Est. Value
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 2020Spacious 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).
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,400
Avg. Annual Appreciation
9.32%
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
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 |
|---|---|---|---|
| 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 |
|---|---|---|---|
| Closed | One Roof Community Housing | $96,000 | |
| Previous Owner | Wehrman Russell E | $96,040 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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
| 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 | $1,380 | $166,500 | $9,700 | $156,800 |
| 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
-
Jim Philbin
-
Sheryl Homan
Seller's Agent in 2020
Sheryl Homan
Edina Realty, Inc. - Duluth
(218) 260-8722
3 in this area
148 Total Sales
-
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
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6092315
APN: 010452005580
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