NOT LISTED FOR SALE

617 1st St Duluth, MN 55810

Estimated Value: $192,000 - $290,000

2 Beds
4 Baths
1,760 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $39,900 $23 Per Sq Ft

Est. 474% increase in value since last sale

Current estimated payment $1,348/month

13 Days on Market

Highlights

  • 2 Car Detached Garage
  • Proctor Senior High School Rated 9+
  • Forced Air Heating System

About This Home

As of September 2017

This property is eligible under the Freddie Mac First Look Initiative through 9/12/17 (20 days from listing date) Owner Occupant offers may be eligible for incentives. Up and down duplex with 2 car detached garage, some updates, and off street parking. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in as is condition.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 08/23/2017

Last Buyer's Agent

Michelle Lyons

Port Cities Realty, LLC Listed on: 08/23/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,057

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Wood Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 185-0010-01110

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: 1st Ave to property.
  • L O1 Office Phone1 Number: 218-740-3116
  • Tax Year: 2017
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1760
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Parking Number Garage Spaces: 2
  • TotalBedrooms: 2
  • MediaType: Duplex
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 1760

Exterior Features

  • Exterior: Fiber Board

Utilities

  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Proctor #704

Lot Info

  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 185-0010-01110

Tax Info

  • Tax Amount: 1720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Landon Cadigan Llc
Bought by
Strong Zachary Daniel and Strong Lauren
Current Estimated Value
$228,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Outstanding Balance
$152,742
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$76,248

Purchase Details

Closed on
Feb 19, 2019
Sold by
Johnson Cade and Premier Three Developers Inc
Bought by
Landon Cadigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 21, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cade Johnson And Premier Three Developer
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Michelle Lyons
Port Cities Realty, LLC
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.37%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Hintsala Jacob A and Hintsala Jill C
Bought by
Lien Jay E and Lien Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,625
Interest Rate
4.56%
Mortgage Type
New Conventional
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
Strong Zachary Daniel $185,000 The Title Team
Landon Cadigan Llc $80,000 First American Title Ins
Cade Johnson And Premier Three Developer -- None Available
Lien Jay E $91,500 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Zachary Daniel $157,250
Previous Owner Landon Cadigan Llc $64,000
Previous Owner Lien Jay E $68,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2017 09/21/17 Sold $39,900 0.0% $23 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $39,900 -- $23 / 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 $1,810 $157,400 $15,500 $141,900
2023 $1,810 $135,000 $11,700 $123,300
2022 $1,928 $120,700 $11,700 $109,000
2021 $1,880 $113,600 $10,800 $102,800
2020 $1,800 $111,400 $10,600 $100,800
2019 $1,820 $105,100 $10,600 $94,500
2018 $1,858 $107,900 $27,400 $80,500
2017 $1,720 $107,900 $27,400 $80,500
2016 $1,620 $102,800 $27,400 $75,400
2015 $1,343 $97,900 $25,900 $72,000
2014 $1,343 $89,800 $25,700 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6031085

APN: 185001001110