NOT LISTED FOR SALE

731 N 3rd Ave E Duluth, MN 55805

Central Hillside Neighborhood

Estimated Value: $168,000 - $247,000

2 Beds
1.5 Baths
1,038 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $94,400 $91 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,218/month

20 Days on Market

Highlights

  • Lake View
  • Corner Lot
  • Porch
  • Traditional Architecture
  • Fenced Yard
  • 3-minute walk to Hillside Sport Court Park

About This Home

As of December 2018

This charming home features a large combined living room/dining room with deck doors to back porch overlooking a beatifically landscaped and fenced back yard. The home has been meticulously maintained and features many updates, including, a new roof in 2010, updated flooring in the living room, dining room and kitchen, and refinished hardwood floors in the upper level. This home has an appraised value of $146,000 but is being sold $49,600 below market value to income qualified buyers. Purchase with as little as $1,000 down. Approximate house payment (includes principal, interest, taxes & insurance and land lease fee) of around $750 per month.

Last Agent to Sell the Property

Katie Seipel-Anderson

1 Roof Community Housing Listed on: 10/31/2018

Last Buyer's Agent

Katie Seipel-Anderson

1 Roof Community Housing Listed on: 10/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Land Lease of $32

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • Multi-Level Property
  • Combination Dining and Living Room
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010-1350-01380

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Lake Ave to E 7th St and L on N. 3rd Ave E
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 32
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Cable TV
  • Amenities Exterior: Fenced Yard - Full, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1038
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished, Walkout
  • Basement Material: Stone
  • Basement Style: Full
  • Bathroom 1 Level: U
  • Level 2 Three Quarter Bathrooms: M
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1038
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Metal

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 40x100
  • Estimated Number of Acres: 0.09
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Landscaped
  • Parcel Number: 010-1350-01380

Rental Info

  • Lease Terms: Cash, Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 878

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2009
Sold by
Hoff Norton C and Hoff Susan J
Bought by
Northern Communities Land Trust
Current Estimated Value
$206,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Outstanding Balance
$41,248
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$165,112
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
Northern Communities Land Trust $85,000 Arrowhead Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northern Communities Land Trust $63,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $94,400 0.0% $91 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $94,400 -- $91 / 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
2024 $1,596 $185,800 $14,500 $171,300
2023 $1,596 $162,400 $17,400 $145,000
2022 $1,372 $149,300 $16,100 $133,200
2021 $1,092 $106,700 $14,900 $91,800
2020 $990 $92,000 $12,900 $79,100
2019 $984 $83,800 $11,700 $72,100
2018 $878 $83,800 $11,700 $72,100
2017 $752 $82,700 $11,700 $71,000
2016 $740 $124,000 $18,000 $106,000
2015 $748 $44,500 $5,000 $39,500
2014 $748 $44,500 $5,000 $39,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Katie Seipel-Anderson

    1 Roof Community Housing

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6079489

APN: 010135001380

Minnesota St Louis County Duluth 55805 Central Hillside

731 N 3rd Ave E, Duluth, MN

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