NOT LISTED FOR SALE

802 S Lake Ave Duluth, MN 55802

Park Point Neighborhood

Estimated Value: $1,020,138 - $1,363,000

4 Beds
3 Baths
2,916 Sq Ft
$391/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $271,000 $93 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $7,284/month

10 Days on Market

About This Home

As of July 2020

Thinking about owning a duplex on Park Point?! This duplex can be used as a single-family home or turn it into an owner-occupied rental. The main level offers unique spacious rooms, two bedrooms and a full bathroom and on the upper level you have two bedrooms with two ¾ bathrooms. So much room and space for everyone on both levels! This duplex is right off the beach of Lake Superior where you can enjoy swimming, paddle boarding and more! This duplex can use some TLC but has so much potential! So close to Canal Park and other local attractions, you will not want to pass up this opportunity!

Last Listed By

Frank Messina

Messina & Associates Real Estate Listed on: 06/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1908

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Private Waterfront
  • 40 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Duplex
  • Poured Concrete
  • Wood Frame Construction

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-4380-01100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,334

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Lake Ave to property!
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 92.94
  • Tax Year: 2020
  • Lot Description Waterfront: Yes
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2916
  • Garage Type: None
  • Heat: Boiler, Forced Air, Oil
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2916

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 40
  • Waterfront Name: Lake Superior
  • Exterior: Other

Utilities

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

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2020-06-12
  • Estimated Lot Dimensions: 40 X 100
  • Estimated Number of Acres: 0.09
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4380-01100
  • Waterfront Type: Lake Superior

Rental Info

  • Tenant Expense: None

Tax Info

  • Tax Amount: 4334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 27, 2020
Sold by
Knudson Beryl R
Bought by
Reistad Thomas Lee and Reistad Bridget Maude
Seller's Agent
Frank Messina
Messina & Associates Real Estate
Buyer's Agent
Kevin O'Brien
Messina & Associates Real Estate
List Price
$260,000
Sold Price
$271,000
Premium/Discount to List
$11,000
4.23%
Total Days on Market
10
Current Estimated Value
$1,140,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,713
Avg. Annual Appreciation
35.08%
Original Mortgage
$380,000
Outstanding Balance
$27,204
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,113,509

Range of Values:

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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
Reistad Thomas Lee $271,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reistad Thomas Lee $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $271,000 +4.2% $93 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $260,000 -- $89 / 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 $11,514 $808,100 $130,600 $677,500
2022 $4,180 $496,800 $110,400 $386,400
2021 $3,888 $253,100 $92,000 $161,100
2020 $4,334 $253,100 $92,000 $161,100
2019 $4,074 $239,500 $90,000 $149,500
2018 $3,944 $232,700 $90,000 $142,700
2017 $3,744 $249,500 $100,000 $149,500
2016 $3,926 $235,900 $100,000 $135,900
2014 $4,690 $275,700 $124,700 $151,000
Source: Public Records

Agents Affiliated with this Home

  • Frank Messina

    Seller's Agent in 2020

    Frank Messina

    Messina & Associates Real Estate

    (218) 349-2140

    4 in this area

    152 Total Sales

    Frank Messina
    Section Image

  • K

    Buyer's Agent in 2020

    Kevin O'Brien

    Messina & Associates Real Estate

    1 in this area

    204 Total Sales

    Kevin O'Brien
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6090789

APN: 010438001100

Minnesota St Louis County Duluth 55802 Park Point

802 S Lake Ave, Duluth, MN

Homes for Sale in Duluth, MN

This home is located at 802 S Lake Ave, Duluth, MN 55802 since 12 June 2020 and is currently estimated at $1,140,713, approximately $391 per square foot. This property was built in 1908. 802 S Lake Ave is a home located in St. Louis County with nearby schools including Myers-Wilkins Elementary, Lincoln Park Middle School, and Denfeld High School.

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