28 days on rocket

Sale Pending

131 S 56th Ave W, Duluth, MN, 55807

$150,000

Home List Price

$1,781*

Closing Credit

0 Baths
1,384 SqFt
$108/SqFt
Multi
Schools Nearby

Location

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131 S 56th Ave W, Duluth$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway - Gravel
HeatingBaseboard, Electric
MLS #6112885
Lot Size0.16 Acres
StatusSale Pending
(PENDING)

About 131 S 56th Ave W

Up/down duplex with off street parking. Units were both remodeled about 5 years ago. Wiring and plumbing were updated at that time as well. Lower unit is currently leased through September, upper unit is newly vacant. Basement is separated, each unit has locked storage space with washer and dryer. Electric panels are separated, and tenants pay all utilities per the lease. There is a garden shed on the property as well. Add this to your portfolio, or owner occupy it yourself!

Property Details

Property Features

Property Information:

  • Architectural Style: Up & Down
  • Stories: 2
  • Living Area: 1,384 SqFt

Listing Office:

  • Office Name: RE/MAX Results
  • Listing Agent: Leah Borgren

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway - Gravel

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric

School Info

Assigned Schools Information:

  • Denfeld High School, Public District Grades 9-12
  • Lincoln Park Middle School, Public District Grades 6-8
  • Laura Macarthur Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of 56th Ave W and Raleigh.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $108/SqFt

Tax Information:

  • Annual Amount: $1,402
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$305K

Med. Price/SqFt

$172

Avg. Days On Market

18

# of Sold Homes

67

131 S 56th Ave W vs Duluth

28 DAYS ON ROCKET

+10 Days

$150,000

-$155K Less

$108/SqFt

-$64 Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price and $64/SqFt less than other homes in Duluth, MN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #6112885

Listing Office:

  • Office Name: RE/MAX Results
  • Listing Agent: Leah Borgren

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,402$85,600
2019$1,822$108,600
2017$1,730$111,000

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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.

Elementary School

school-card-donut-3314927
1
/10
  • Laura Macarthur Elementary School

  • 720 North Central Ave

  • 0.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3314928
3
/10
  • Lincoln Park Middle School

  • 3215 W 3rd St

  • 2.24 miles

  • Public District Grades 6-8

High School

school-card-donut-3314929
4
/10
  • Denfeld High School

  • 401 North 44th Ave West

  • 1.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,024. Residents of Duluth, MN typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesMinnesotaSaint Louis CountyDuluth55807131 S 56th Ave W

This home is located at 131 S 56th Ave W in Duluth, MN and zip code 55807 in the Irving neighborhood. This 1,384 square foot home sits on a 0.16 acre lot. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $150,000.

Duluth, MN housing market in March 2024 saw over 25 listings sold above listed price, more than 13 sold at listed price and over 25 sold below. The inventory of homes for sale in Duluth, MN between February 2024 and March 2024 increased by 13%. The median list price of listings available in March 2024 was $305,000, while the average time on the real estate market was 18 days.

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

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