NOT LISTED FOR SALE

6264 W Bowman Lake Rd Duluth, MN 55803

Estimated Value: $152,000 - $529,895

2 Beds
1 Bath
1,568 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $115,000 $73 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $2,449/month

79 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Deck
  • Workshop
  • Proctor Senior High School Rated 9+
  • Pole Barn
  • 4 Car Detached Garage

About This Home

As of December 2012

Tons of potential in this Year-Round home w/140' of lake frontage on beautiful Bowman Lake!!! This cozy 2BR/1BA home has a gorgeous stone fireplace in the living room with a wall of windows overlooking the lake. Updated kitchen and bath, lots of natural woodwork. Full walk-out basement. Large 1.2 acre PRIVATE lake lot also boasts a 2-car garage and a newer pole building for all your toys. Cloquet flows by Bowman Lake and gives you access all the way down to the Island Lake Dam. This home does need some TLC but it is priced accordingly, well below Assessed Value. DON'T WAIT on this great opportunity for a FIXER-UPPER LAKE HOME within 20 minutes of Duluth. Call today!

Last Agent to Sell the Property

Michael Jorgensen

Edina Realty Inc - Duluth Listed on: 09/24/2012

Last Buyer's Agent

Severt Grimm

Port Cities Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,070

Year Built

  • 1950

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 100x522
  • 140 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 380-0020-04210

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,070

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Ada Features: Partially Wheelchair
  • Amenities: Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 1.2
  • Assessment Balance: 18
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 896
  • Mechanicals: Fuel Tank-Owned
  • Parcel Number: 380-0020-04210
  • Projected Closed Date: 01/04/2013
  • Range: 16
  • Remodeled Addition: Yes
  • Section: 25
  • Stories: 1 Story
  • Taxes With Assessments: 1803.82
  • Twp Number: 52
  • Percentage Of Ownership: 100
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 21x26, On Level: Main
  • Room 2: Kitchen, 6x10, On Level: Main
  • Room 3: Dining Room, 14x16, On Level: Main
  • Room 4: Family Room, 14x16, On Level: Lower
  • Room 5: Bedroom, 19x9, On Level: Main
  • Room 6: Bedroom, 10x14, On Level: Lower
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 896
  • Below Grade Finished Sq Ft: 672
  • Total Fin Square Footage: 1568
  • Total Square Footage: 896

Exterior Features

  • Frontage Road: County
  • Waterfront Name: Bowman
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Pole Building, Workshop
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 140
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Electric, Oil, Wood
  • Heat: Fireplace, Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Proctor #704

Lot Info

  • Estimated Lot Dimensions: 100x522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Dec 10, 2012
Sold by
The Secretary Of Veterans Affairs
Bought by
Johnson Wade D
Seller's Agent
Michael Jorgensen
Edina Realty Inc - Duluth
Buyer's Agent
Severt Grimm
Port Cities Realty, LLC
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%
Current Estimated Value
$385,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,276
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 5, 2011
Sold by
Wagner William L and Wagner Nancy R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 25, 2003
Sold by
Nelsen Robert I and Nelsen Lori
Bought by
Wagner William L and Wagner Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
5.71%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Johnson Wade D -- Natl Title
The Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $186,985 None Available
Wagner William L $190,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Wade D $112,000
Closed Johnson Wade D $127,500
Previous Owner Wagner William L $20,000
Previous Owner Wagner William L $57,524
Previous Owner Wagner William L $21,000
Previous Owner Wagner William L $195,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $115,000 -11.5% $73 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $130,000 -- $83 / 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 $4,070 $357,200 $47,300 $309,900
2022 $3,794 $338,700 $81,900 $256,800
2021 $3,350 $287,200 $71,300 $215,900
2020 $1,700 $273,300 $68,800 $204,500
2019 $1,974 $151,200 $68,800 $82,400
2018 $2,162 $156,600 $74,200 $82,400
2017 $2,078 $165,600 $80,800 $84,800
2016 $2,036 $165,600 $80,800 $84,800
2015 $2,033 $155,600 $70,800 $84,800
2014 $2,033 $175,100 $85,900 $89,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4402005

REALTOR® Association of Southern Minnesota

APN: 380002004210