NOT LISTED FOR SALE

607 N 1st Ave E Duluth, MN 55805

Central Hillside Neighborhood

Estimated Value: $191,000 - $256,420

3 Beds
1.5 Baths
1,296 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $88,500 $68 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,329/month

8 Days on Market

Highlights

  • Lake View
  • Recreation Room
  • Living Room
  • Deck
  • Corner Lot
  • 4-minute walk to Washington Community Center

About This Home

As of July 2019

Spacious 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 Agent to Sell the Property

Katie Seipel-Anderson

1 Roof Community Housing Listed on: 05/02/2019

Co-Listed By

Jim Philbin

1 Roof Community Housing

Last Buyer's Agent

Lynn Marie Nephew

RE/MAX Results

RE/MAX Results

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Central Hillside, 1 block east of Lake Avenue
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 33
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 864
  • Below Grade Finished Sq Ft: 432
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Oil, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1978
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Lower
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Level 2 Three Quarter Bathrooms: L
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Rec Room
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1296
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Other, Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-1030-00170

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1532

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
Current Estimated Value
$224,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,355
Avg. Annual Appreciation
15.50%
Original Mortgage
$136,000
Outstanding Balance
$118,718
Interest Rate
3.75%
Estimated Equity
$106,137
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Nathan Nathan $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nathan Nathan $136,000
Closed Smith Nathan Nathan --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $1,768 $201,200 $50,700 $150,500
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

  • J

    Seller Co-Listing Agent in 2019

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    5 in this area

    94 Total Sales

    Jim Philbin
    Section Image

  • L

    Buyer's Agent in 2019

    Lynn Marie Nephew

    RE/MAX

    (218) 722-2810

    7 in this area

    186 Total Sales

    Lynn Marie Nephew
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6082445

APN: 010103000170

Minnesota St Louis County Duluth 55805 Central Hillside

607 N 1st Ave E, Duluth, MN

Not Listed for Sale

Detached

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