607 N 1st Ave E Duluth, MN 55805
Central Hillside NeighborhoodEstimated Value: $187,000 - $239,431
3
Beds
1.5
Baths
1,296
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- Lake View
- Recreation Room
- Living Room
- Deck
- Corner Lot
- 4-minute walk to Washington Community Center
About This Home
As of July 2019Spacious split level home with great lake views from deck off dining room. Off street parking for 2 cars. Convenient location to downtown & Canal Park with easy access to Miller Hill. Home has an appraised value of $136,000 but is being sold $52,000 below market value to income qualified households. Purchase with as little as $1,000 down. Approximate house payment (includes principal, interest, taxes & insurance and land lease fee) of $750 per month. Additional $15,000 in downpayment assistance available based on need, which would reduce the house payment to approximately $650 per month. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $40,000 (1); 45,700 (2); $51,400 (3); $57,100 (4); $61,700 (5); $66,250(6). Sale is contingent on Seller entering into a purchase agreement for a replacement home.
Last Listed By
Katie Seipel-Anderson
1 Roof Community Housing Listed on: 05/02/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,532
Year Built
- Built in 1978
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140
- Corner Lot
- Land Lease of $33
Home Design
- Split Foyer
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Living Room
- Dining Room
- Recreation Room
- Lake Views
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Parking
- No Garage
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
Listing and Financial Details
- Assessor Parcel Number 010-1030-00170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2019
Closed on
Jul 10, 2019
Bought by
Smith Nathan Nathan
Seller's Agent
Katie Seipel-Anderson
1 Roof Community Housing
Buyer's Agent
Lynn Marie Nephew
RE/MAX Results
List Price
$88,500
Sold Price
$88,500
Total Days on Market
8
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
$114,858
Avg. Annual Appreciation
17.30%
Original Mortgage
$79,000
Outstanding Balance
$70,528
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$155,273
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Similar Homes in Duluth, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Nathan Nathan | $136,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Nathan D | $79,000 | |
| Open | Smith Nathan Nathan | $136,000 | |
| Closed | Smith Nathan Nathan | -- | |
| Previous Owner | Heinen Jessica J | $61,000 | |
| Previous Owner | Heinen Jessica J | $56,000 | |
| Previous Owner | Heinen Jessica J | $3,000 | |
| Previous Owner | Heinen Jessica J | $15,000 | |
| Previous Owner | Heinen Jessica J | $2,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2019 07/10/19 | Sold | $88,500 | 0.0% | $68 / Sq Ft |
| 05/10/2019 05/10/19 | Pending | -- | -- | -- |
| 05/02/2019 05/02/19 | For Sale | $88,500 | -- | $68 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $1,768 | $187,900 | $60,500 | $127,400 |
| 2022 | $1,874 | $173,100 | $56,000 | $117,100 |
| 2021 | $1,738 | $135,000 | $36,300 | $98,700 |
| 2020 | $1,542 | $129,100 | $31,400 | $97,700 |
| 2019 | $1,532 | $117,500 | $28,400 | $89,100 |
| 2018 | $1,434 | $117,500 | $28,400 | $89,100 |
| 2017 | $1,292 | $116,200 | $28,500 | $87,700 |
| 2016 | $1,266 | $64,100 | $7,100 | $57,000 |
| 2015 | $1,286 | $79,900 | $6,600 | $73,300 |
| 2014 | $1,286 | $79,900 | $6,600 | $73,300 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2019
Katie Seipel-Anderson
1 Roof Community Housing
-
Jim Philbin
J
Seller Co-Listing Agent in 2019
Jim Philbin
1 Roof Community Housing
(218) 348-6258
5 in this area
108 Total Sales
-
Lynn Marie Nephew
L
Buyer's Agent in 2019
Lynn Marie Nephew
RE/MAX
(218) 722-2810
6 in this area
186 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6082445
APN: 010103000170
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