NOT LISTED FOR SALE
23 Beds
22 Baths
17,958 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: May 24, 2016

Last sale price $490,000 $27 Per Sq Ft

235 Days on Market

Highlights

  • 0.3 Acre Lot
  • Brick Exterior Construction
  • Hot Water Heating System
  • East High School Rated 10
  • Forced Air Heating System

About This Home

As of May 2016

Centrally located 22 unit brick apartment building with excellent cash flow. Four 2-Bedrooms, Fifteen 1-Bedrooms and Three efficiencies. Renter-friendly location on bus line and an easy walk to hospitals & downtown amenities, with the Whole Foods Co-Op right across the street. Parking and some Lake Superior views.

Last Agent to Sell the Property

Gary Kalligher

RE/MAX Results Listed on: 08/06/2015

RE/MAX Results

Last Buyer's Agent

Julie Petrusha

1 Roof Community Housing

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,847

Year Built

  • Built in 1899

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 150 x 90

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 17,958 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 22 Bathrooms

Basement

  • Walk-Out Basement
  • Stone Basement

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 010-3830-14410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,847

Year Built

Built in 1899

Lot Details

0.3 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Corner of 4th Street and 7th Ave. E; Across the street from the Whole Foods Co-Op.
  • L O1 Office Phone1 Number: 218-722-2810
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • Tax Year: 2014
  • Lot Description Waterfront: No
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Brick
  • FinFootageAboveGrade: 17958
  • Garage Type: None
  • Heat: Forced Air, Hot Water, Natural Gas
  • TotalBedrooms: 23
  • MediaType: Multi-Family
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Walkout
  • Basement Material: Stone
  • Stories: 3 Story
  • Total Bathrooms: 22
  • Total Fin Square Footage: 17958

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick

Utilities

  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 150 x 90
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3830-14410

Tax Info

  • Tax Amount: 9847.36

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.35%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 6, 2015
Closed on
May 24, 2016
Sold by
Bought by
Seller's Agent
Gary Kalligher
RE/MAX Results
Buyer's Agent
Julie Petrusha
1 Roof Community Housing
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$419,000 None Listed On Document
$490,000 Arrowhead Abstract & Title C
$405,000 Mn Title
$405,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $2,400,000
Previous Owner $392,000
Previous Owner $425,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $490,000 0.0% $27 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
08/06/2015 08/06/15 For Sale $490,000 -- $27 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,578 $419,000 $406,500 $12,500
2023 $6,074 $352,500 $340,000 $12,500
2022 $19,708 $352,500 $122,100 $230,400
2021 $12,996 $981,300 $340,000 $641,300
2020 $13,380 $662,200 $61,500 $600,700
2019 $11,060 $662,200 $61,500 $600,700
2018 $10,400 $551,900 $51,300 $500,600
2017 $10,374 $551,900 $51,300 $500,600
2016 $10,088 $215,400 $8,800 $206,600
2014 $9,847 $526,000 $36,300 $489,700
Source: Public Records

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6017727

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