NOT LISTED FOR SALE

6962 Bear Island Rd Duluth, MN 55803

Estimated Value: $350,667

-- Bed
1 Bath
1,082 Sq Ft
$324/Sq Ft Est. Value

About This Home

This home is located at 6962 Bear Island Rd, Duluth, MN 55803 and is currently priced at $350,667, approximately $324 per square foot. 6962 Bear Island Rd is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Allete Inc
Bought by
Farrell Brothers Properties Llc
Current Estimated Value
$350,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,651
Outstanding Balance
$633,979
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Farrell Brothers Properties Llc $110,448 --
Farrell Brothers Properties Llc $110,448 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Brothers Properties Llc $792,651
Source: Public Records

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
2021 $2,202 $221,500 $114,800 $106,700
2020 $2,278 $176,800 $106,200 $70,600
2019 $2,278 $176,800 $106,200 $70,600
2018 $2,312 $176,800 $106,200 $70,600
2017 $2,298 $176,800 $106,200 $70,600
2016 $2,242 $176,800 $106,200 $70,600
2015 $2,013 $156,500 $79,300 $77,200
2014 $2,013 $156,500 $79,300 $77,200
Source: Public Records

Map

Minnesota St Louis County Duluth 55803

6962 Bear Island Rd, Duluth, MN

This home is located at 6962 Bear Island Rd, Duluth, MN 55803 and is currently priced at $350,667, approximately $324 per square foot. 6962 Bear Island Rd is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.

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