NOT LISTED FOR SALE

Estimated Value: $324,000 - $381,000

6 Beds
3 Baths
2,224 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $173,000 $78 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,181/month

17 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Porch
  • Congdon Elementary School Rated A-
  • 1 Car Detached Garage
  • Views

About This Home

As of November 2015

Great investment opportunity in this 6 bedroom licensed rental in Chester Park. The main floor offers a spacious living room, a dining room plus a kitchen, a full bath and a bedroom. The upper level offers two bedrooms, a common area and a half bath. The lower level offers three bedrooms, a laundry room and a 3/4 bath. All the leases renew in June 2016. Great convenient location close to the park and the campus.

Last Agent to Sell the Property

Jonathan Thornton

RE/MAX Results Listed on: 09/29/2015

RE/MAX Results

Last Buyer's Agent

Jordan Decaro

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40' x 125'
  • Elevated Lot
  • Few Trees

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Multi-Level Property
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for internet service, cable TV, lawn, snow
  • Assessor Parcel Number 010-3720-02080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Directions: East on 8th Street to Left Grandview Avenue, House on Left.
  • L O1 Office Phone1 Number: 218-722-2810
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Taxes With Assessments: 2636
  • Tax Year: 2015
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck, Porch
  • Appliances 1: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1624
  • Below Grade Finished Sq Ft: 600
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Natural Gas, Electric
  • Parking Number Garage Spaces: 1
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • MediaType: Multi-Family
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Drainage System, Egress Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2224

Exterior Features

  • Road Frontage: City, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Metal

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesOtherAmenities1: Internet Service, Washer/Dryer Hookups, Cable TV
  • AmenitiesFireplace1: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 40' x 125'
  • Estimated Number of Acres: 0.11
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light, High
  • Parcel Number: 010-3720-02080

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Internet Service, Cable TV, Lawn, Snow

Tax Info

  • Tax Amount: 2611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Shimota Steven E and Shimota Judith W
Bought by
Wildshimota Enterprises Llc
Current Estimated Value
$346,509

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 24, 2015
Sold by
Paulson Mark E and Paulson Patricia L
Bought by
Shimola Steven E and Shimola Judith W
Seller's Agent
Jonathan Thornton
RE/MAX Results
Buyer's Agent
Jordan Decaro
RE/MAX Results
List Price
$179,900
Sold Price
$173,000
Premium/Discount to List
-$6,900
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$138,400
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2008
Sold by
Rathbone Michael J and Rathbone Cynthia A
Bought by
Paulson Mark E and Paulson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Sexe David A and Sexe Sharon L
Bought by
Rathbone Michael J and Rathbone Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Sexe Amber I and Sexe David A
Bought by
Sexe David A and Sexe Sharon L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wildshimota Enterprises Llc $500 None Listed On Document
Shimola Steven E $173,000 Partners Title Bloomington
Paulson Mark E $159,900 Cons T
Rathbone Michael J $140,000 --
Sexe David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shimola Steven E $138,400
Previous Owner Paulson Mark E $127,900
Previous Owner Rathbone Michael J $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $173,000 -3.8% $78 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $179,900 -- $81 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,584 $333,800 $30,800 $303,000
2023 $4,584 $263,300 $30,800 $232,500
2022 $3,506 $249,700 $29,200 $220,500
2021 $3,268 $212,000 $24,800 $187,200
2020 $3,254 $201,700 $23,600 $178,100
2019 $2,940 $195,200 $20,600 $174,600
2018 $2,660 $177,500 $18,800 $158,700
2017 $2,316 $171,600 $18,800 $152,800
2016 $2,412 $144,700 $14,300 $130,400
2015 $2,636 $170,300 $35,400 $134,900
2014 $2,624 $170,300 $35,400 $134,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6018610

APN: 010372002080

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