14 days on rocket

Sale Pending

325 Lake Ave Unit 1204, Duluth, MN, 55802

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
1 Full Bath
1,328 SqFt
$264/SqFt
Condo
Schools Nearby

Location

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325 Lake Ave Unit 1204, Duluth$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest Parking, Other
Year Built2007
HeatingForced Air
CoolingCentral Air
FireplaceGas, Living Room
MLS #6536210
StatusSale Pending
(Pending)

About 325 Lake Ave Unit 1204

Fantastic Property in Canal Park! This spacious unit boasts a generous floor plan with 14-foot ceilings, a cozy gas fireplace, a luxurious jetted tub, tasteful furnishings, and sizable bedrooms. Ownership grants exclusive access to the hotel's amenities, featuring a refreshing pool, relaxing hot tub, rejuvenating sauna, well-equipped exercise room, and a delightful breakfast bar. This property presents an excellent investment opportunity with a proven track record of robust rental income. Situated in close proximity to various local attractions, including the iconic Lift Bridge, diverse shopping options, exceptional restaurants, and thriving breweries, it offers both convenience and charm. Don't miss out on this turn-key opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 1,328 SqFt

Listing Office:

  • Office Name: Lakes Area Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator
  • Basement: No
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Guest Parking, Other

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Denfeld High School, Public District Grades 9-12
  • Lincoln Park Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Canal Park at the Suites Hotel. Check-in with guest service for entry

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $264/SqFt

HOA Fees:

  • Amount: $183
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Duluth, MN.

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Duluth, MN

City

Med. Sold Price

$292K

Med. Price/SqFt

$187

Avg. Days On Market

19

# of Sold Homes

96

325 Lake Ave Unit 1204 vs Duluth

14 DAYS ON ROCKET

-5 Days

$350,000

+$58K More

$264/SqFt

+$76 More

KEY TAKEAWAY

This property is $58K more than the Median Sold Price and $76/SqFt more than other homes in Duluth, MN.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6536210

Listing Office:

  • Office Name: Lakes Area Realty

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Last updated on: 5/29/2024, 12:52:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4308151
2
/10

  • Lincoln Park Middle School

  • 3215 W 3rd St

  • 2.75 miles

  • Public District Grades 6-8

High School

school-card-donut-4308152
4
/10

  • Denfeld High School

  • 401 North 44th Ave West

  • 3.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,220. Most Duluth, MN residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 325 Lake Ave Unit 1204

What is the listing price of this property?

The listing price of 325 Lake Ave Unit 1204 property is $350,000.

What type of property is this?

The property 325 Lake Ave Unit 1204 is a condo located in Duluth, Minnesota, 55802.

Is this property for sale now?

Sale Pending: 325 Lake Ave Unit 1204 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 325 Lake Ave Unit 1204 are:
Lincoln Park Middle School: GreatSchools Rating 2/10
Denfeld High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 325 Lake Ave Unit 1204 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 325 Lake Ave Unit 1204 is 1,328 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 325 Lake Ave Unit 1204 is 2007.

Rocket Homes›Minnesota›Saint Louis County›Duluth›55802›325 Lake Ave Unit 1204

This home is located at 325 Lake Ave Unit 1204 in Duluth, MN and zip code 55802 in the Canal Park neighborhood. This 1,328 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $350,000.

While more than 51 listings in Duluth, MN in April 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 26 were sold below. The number of homes for sale in Duluth, MN increased by 21.7% between March 2024 and April 2024. Listings spent 19 days on the market in April 2024, and had a median list price of $292,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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