NOT LISTED FOR SALE

701 5th St Duluth, MN 55810

Estimated Value: $135,000 - $146,000

1 Bed
1 Bath
665 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $82,000 $123 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $877/month

78 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Laundry Room
  • Proctor Senior High School Rated 9+
  • Living Room
  • Bathroom on Main Level

About This Home

As of June 2018

Cute one bedroom home with hardwood floors, eat-in kitchen, and one-level living. Large back porch and great 2 stall garage. Insulated house sits on concrete posts and has maintenance free siding. Currently needs flood insurance but seller working on getting removed.

Last Agent to Sell the Property

Tricia Kroening

RE/MAX Results Listed on: 02/02/2018

RE/MAX Results

Last Buyer's Agent

Tricia Kroening

RE/MAX Results Listed on: 02/02/2018

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 665 Sq Ft Home
  • Living Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 185-0030-01470

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: I-35 into Proctor, left on 2nd set of lights, curve to 5th.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 123.31
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • Below Grade Finished Sq Ft: 665
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1915
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: N/A
  • Basement Material: Other
  • Estimated Basement Sq Ft: 665
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Laundry Room
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 665
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Proctor Public Utilities
  • Sewer: City
  • Water: City

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2018-04-27
  • Estimated Lot Dimensions: 50x125
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 185-0030-01470

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jun 8, 2018
Sold by
Forsyth James C and Forsyth Megan
Bought by
Bendel Jacob
Seller's Agent
Tricia Kroening
RE/MAX Results
Buyer's Agent
Tricia Kroening
RE/MAX Results
List Price
$82,000
Sold Price
$82,000
Current Estimated Value
$139,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,643
Avg. Annual Appreciation
7.69%
Original Mortgage
$73,800
Outstanding Balance
$64,490
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$73,651

Purchase Details

Closed on
Jul 28, 2005
Sold by
Lake Superior Investments
Bought by
Forsyth James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Bendel Jacob $82,000 North Shore Title Llc
Forsyth James C $77,500 Consolidated
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bendel Jacob $73,800
Previous Owner Forsyth James C $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $82,000 0.0% $123 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $82,000 -- $123 / 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
2023 $1,182 $99,300 $10,400 $88,900
2022 $968 $88,900 $10,400 $78,500
2021 $932 $83,700 $9,600 $74,100
2020 $852 $82,000 $9,400 $72,600
2019 $834 $76,800 $9,400 $67,400
2018 $850 $76,500 $27,400 $49,100
2017 $792 $76,500 $27,400 $49,100
2016 $750 $73,400 $27,400 $46,000
2015 $644 $41,900 $15,500 $26,400
2014 $644 $41,200 $15,500 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6032984

APN: 185003001470