NOT LISTED FOR SALE

Estimated Value: $168,000 - $206,000

2 Beds
1 Bath
721 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $118,000 $164 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,129/month

11 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Living Room
  • Proctor Senior High School Rated 9+
  • 1 Car Detached Garage
  • 1-minute walk to Klang Park

About This Home

As of January 2021

Newly renovated Bayview Heights home with new kitchen & bath has a market value of $155,000 but us being sold $31,500 below market value to income qualified buyers. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $43,050 (1); 49,200 (2); $55,350 (3); $61,450 (4); $66,400 (5); $71,300 (6). Additional $8500 in down payment assistance to qualified buyers could reduce mortgage amount to $115,000. Purchase with as little as $1500 out of pocket.

Last Listed By

Jim Philbin

1 Roof Community Housing Listed on: 11/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1907

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Land Lease of $34

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Aluminum Siding

Interior Spaces

  • 721 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-3480-01900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Boundary Ave to Meadow St
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 34
  • List Price/ Sq Ft: 163.66
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 721
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1907
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Breakfast Nook
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 721
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Aluminum

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2020-11-18
  • Estimated Lot Dimensions: 50x142
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3480-01900

Rental Info

  • Lease Terms: Conventional, MHFA/WHEDA

Tax Info

  • Tax Amount: 1331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Apr 1, 2020
Sold by
Engstrom Lowell B and Engstrom Stephanie A
Bought by
One Roof Community Housing
Seller's Agent
Leah Borgren
RE/MAX Results
Buyer's Agent
Jim Philbin
1 Roof Community Housing
List Price
$125,000
Sold Price
$125,000
Total Days on Market
11
Current Estimated Value
$182,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,496
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Graupman Neil C and Graupman Kristina E
Bought by
Engstrom Lowell B and Engstrom Courtney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,122
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Bloom Scott R
Bought by
Graupman Neil C and Hansen Kristina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,374
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
One Roof Community Housing $87,121 Arrowhead Abstract & Ttl Co
Engstrom Lowell B $112,000 Rels Title
Graupman Neil C $94,200 Ati Title Company
Iverson Chelsea Chelsea $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iverson Chelsea Ellen $10,000
Open Iverson Chelsea Ellen $112,350
Closed Iverson Chelsea Ellen $112,350
Previous Owner Engstrom Lowell B $15,136
Previous Owner Engstrom Lowell B $111,122
Previous Owner Engstrom Lowell B $30,000
Previous Owner Graupman Neil C $91,374
Closed Graupman Neil C $3,000
Closed Iverson Chelsea Chelsea $112,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $118,000 0.0% $164 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $118,000 -5.6% $164 / Sq Ft
04/01/2020 04/01/20 Sold $125,000 0.0% $178 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $125,000 -- $178 / 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 $1,280 $161,700 $13,000 $148,700
2022 $1,656 $148,600 $19,400 $129,200
2021 $1,584 $124,700 $16,300 $108,400
2020 $1,356 $122,100 $16,000 $106,100
2019 $1,322 $107,200 $14,100 $93,100
2018 $1,140 $107,200 $14,100 $93,100
2017 $1,096 $96,100 $20,500 $75,600
2016 $1,050 $118,800 $20,500 $98,300
2015 $971 $67,500 $14,400 $53,100
2014 $971 $67,500 $14,400 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094135

APN: 010348001900