$148,000
SOLD OCT 9, 2024
3 Beds
1 Bath
1,128 Sq Ft
0.3 Acres

Recently Sold

$131 Per Sq Ft

18% Below List Price

62 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • No HOA
  • Bathroom on Main Level
  • Family Room

About This Home

As of October 2024

HUGE INVESTOR OPPORTUNITY to get a great property that you can finish to your liking and build instant equity! Property has a long, successful rental history so you can rent it out or finish to enjoy as your own. This one-level 3 bedroom/1 bath home is in a prime location close to colleges, bus line, shopping, restaurants and more! The park like backyard backs up to the Bagley Nature Preserve where you can access trails that will take you right to UMD. When you enter this home, you walk into a generous living room with lots of natural light. Walk through into the kitchen area that is the perfect space to layout and install a new galley kitchen. Off the kitchen you will find a family room space that can easily be converted into a dining room/rec room space with access to backyard. Driveway space provides convenient off-street parking. New roof installed Spring 2024. Don't let this opportunity pass you by! Call for your private showing today!

Last Agent to Sell the Property

Amanda Thomas

Coldwell Banker Realty - Duluth Listed on: 07/05/2024

Last Buyer's Agent

Neal Jacobi

Heirloom Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,363

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 65x200

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-4345-00230

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,363

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Arrowhead, property will be on the left side.
  • L O1 Office Phone1 Number: 218-728-5161
  • List Price/ Sq Ft: 131.21
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1128
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Family Room
  • TotalBedrooms: 3
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1128
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-07-05
  • Estimated Lot Dimensions: 65x200
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4345-00230

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Oct 9, 2024
Sold by
Anderson Chelsea and Anderson Kyle
Bought by
Lakewind Llc
Seller's Agent
Amanda Thomas
Coldwell Banker Realty - Duluth
Buyer's Agent
Neal Jacobi
Heirloom Realty, LLC
List Price
$180,000
Sold Price
$148,000
Premium/Discount to List
-$32,000
-17.78%
Views
106
Current Estimated Value
$164,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,856
Avg. Annual Appreciation
15.10%
Original Mortgage
$148,000
Outstanding Balance
$147,163
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$16,147

Purchase Details

Listed on
Jul 5, 2024
Closed on
Oct 7, 2024
Sold by
Anderson Kyle and Anderson Chelsea
Bought by
Lakewind Llc
Seller's Agent
Amanda Thomas
Coldwell Banker Realty - Duluth
Buyer's Agent
Neal Jacobi
Heirloom Realty, LLC
List Price
$180,000
Sold Price
$148,000
Premium/Discount to List
-$32,000
-17.78%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$147,163
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$16,147

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 15, 2023
Sold by
Jaybird Properties Llc
Bought by
Anderson Kyle and Anderson Chelsea
Seller's Agent
Alysa Bjorklund
Coldwell Banker Realty - Duluth
Buyer's Agent
Neal Jacobi
Heirloom Realty, LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.38%
Original Mortgage
$115,500
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 11, 2008
Sold by
Mahnke Walter and Mahnke Mary
Bought by
Wilson Samuel L and Wilson Nathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $148,000 --
Warranty Deed $148,000 Burnet Title
Warranty Deed $165,000 First American Title
Warranty Deed $106,500 Rels Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 New Conventional
Closed $201,196 Credit Line Revolving
Previous Owner $115,500 Construction
Previous Owner $96,694 New Conventional
Previous Owner $95,850 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $148,000 -7.5% $131 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $160,000 -5.9% $142 / Sq Ft
07/22/2024 07/22/24 Price Changed $170,000 -5.6% $151 / Sq Ft
07/05/2024 07/05/24 For Sale $180,000 +9.1% $160 / Sq Ft
11/16/2023 11/16/23 Sold $165,000 0.0% $146 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $165,000 +32.0% $146 / Sq Ft
08/30/2019 08/30/19 Sold $125,000 0.0% $111 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $125,000 -- $111 / 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 $2,402 $167,800 $45,600 $122,200
2022 $2,388 $156,800 $42,800 $114,000
2021 $2,114 $136,700 $37,400 $99,300
2020 $2,176 $129,900 $35,600 $94,300
2019 $2,006 $130,000 $27,800 $102,200
2018 $1,742 $120,700 $27,800 $92,900
2017 $1,712 $111,900 $25,500 $86,400
2016 $1,532 $110,000 $25,500 $84,500
2015 $1,450 $93,600 $32,200 $61,400
2014 $1,450 $93,600 $32,200 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114735

APN: 010434500230