NOT LISTED FOR SALE

7055 Rice Lake Rd Duluth, MN 55803

Estimated Value: $516,000 - $1,089,000

3 Beds
2 Baths
3,768 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 7055 Rice Lake Rd, Duluth, MN 55803 and is currently estimated at $920,605, approximately $244 per square foot. 7055 Rice Lake Rd is a home with nearby schools including Homecroft Elementary School, Ordean East Middle School, and East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Foster Jackson Llc
Bought by
Cabuma Properties Llc
Current Estimated Value
$920,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2019
Sold by
Riesland Investments Llc
Bought by
Foster Jackson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.1%
Mortgage Type
Commercial
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
Cabuma Properties Llc -- Pioneer Abstract & Ttl Of Du
Foster Jackson Llc $325,000 Pioneer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midlife Investment Group Llc $800,000
Closed Cabuma Properties Llc $264,000
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
2023 $7,832 $418,400 $89,600 $328,800
2022 $8,372 $420,600 $86,000 $334,600
2021 $7,440 $420,600 $86,000 $334,600
2020 $7,680 $396,400 $65,700 $330,700
2019 $7,618 $396,400 $65,700 $330,700
2018 $7,298 $396,400 $65,700 $330,700
2017 $8,142 $396,400 $65,700 $330,700
2016 $7,196 $396,400 $65,700 $330,700
2014 $6,785 $319,800 $62,800 $257,000
Source: Public Records

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