NOT LISTED FOR SALE

Estimated Value: $173,000 - $202,000

2 Beds
1 Bath
992 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $62,000 $62 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,214/month

61 Days on Market

About This Home

As of September 2014

Nice 2 bedroom east end property with off street parking! Home needs some TLC but offers great potential. Enclosed front porch, formal dining room, spacious kitchen, and open basement for storage. This is a Fannie Mae HomePath property. All offers must be submitted online at www.homepath.com. Investor purchases are not eligible for any incentives. See www.homepath.com for any potential buyer or selling agent incentives. All incentives must be requested for in writing and submitted with offer.

Last Agent to Sell the Property

Frank Messina

Real Living Messina & Associates Listed on: 06/27/2014

Last Buyer's Agent

Brenna Fahlin

Real Living Messina & Associates

Real Living Messina & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Year Built

  • 1908

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 40x50

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 992 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 010-3850-02230

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Year Built

1908

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.04
  • Assessment Balance: 18
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 608
  • Parcel Number: 010-3850-02230
  • Projected Closed Date: 09/26/2014
  • Stories: 2 Story
  • Taxes With Assessments: 870.16
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1908

Interior Features

  • Dining Room: Formal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 10x11, On Level: Main
  • Room 2: Kitchen, 10x13, On Level: Main
  • Room 3: Dining Room, 11x15, On Level: Main
  • Room 4: Bedroom, 10x11, On Level: Second Floor
  • Room 5: Bedroom, 8x14, On Level: Second Floor
  • Room 6: Storage Room, 9x11, On Level: Lower
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 992
  • Total Fin Square Footage: 992
  • Total Square Footage: 992

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Electric, Oil
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 40x50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Sep 11, 2014
Sold by
Fannie Mae
Bought by
Schraepfer Michael
Seller's Agent
Frank Messina
Real Living Messina & Associates
Buyer's Agent
Brenna Fahlin
Real Living Messina & Associates
List Price
$76,500
Sold Price
$62,000
Premium/Discount to List
-$14,500
-18.95%
Current Estimated Value
$185,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,268
Avg. Annual Appreciation
9.92%
Original Mortgage
$74,400
Interest Rate
6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 19, 2013
Sold by
King Brian D
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 16, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2006
Sold by
Thornton Jonathan W and Thornton Jenny L
Bought by
King Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,569
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Schraepfer Michael -- First Financial Title Agency
Citimortgage Inc $87,178 None Available
Federal National Mortgage Association -- None Available
King Brian D $95,069 Liberty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portland Land Co Llc $163,121
Closed Portland Land Co Llc $81,000
Previous Owner Schraepfer Michael $85,600
Previous Owner Schraepfer Michael $74,400
Previous Owner King Brian D $94,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2014 09/26/14 Sold $62,000 -19.0% $63 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $76,500 -- $77 / 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 $2,288 $143,200 $8,500 $134,700
2022 $2,042 $135,600 $8,000 $127,600
2021 $1,574 $98,900 $8,000 $90,900
2020 $1,620 $96,400 $7,800 $88,600
2019 $1,502 $96,400 $7,800 $88,600
2018 $1,206 $89,900 $7,800 $82,100
2017 $1,288 $76,900 $6,800 $70,100
2016 $1,256 $166,000 $19,400 $146,600
2015 $870 $82,300 $13,900 $68,400
2014 $870 $52,500 $8,900 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4641248

REALTOR® Association of Southern Minnesota

APN: 010385002230