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2524 Branch Street

2524 Branch Street, Duluth, MN 55812
Property in Congdon
Sold Jun 03, 2015
$285,000
$143,000 by North Shore Bank Of Commerce
Mortgage Due Jun 01, 2030
2524 Branch Street in Duluth, MN was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2524 Branch Street has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,000 sqft and has been categorized as a full basement. In total, the area measurement of the land is 15,013 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The home has a gable style roof. For those who need parking, there is a garage. The garage is 252 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2524 Branch Street sold most recently in May 15, 2015 for a total of $285,000. If you work out the math, that's approximately a cost of $263.89 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,136 in taxes each year. 2524 Branch Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $347,600. If we break it down further, the land itself was valued at $92,700. Improvements to the property, however, were assessed at a total of $254,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,000
  • Garage Type: Garage
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 15,013
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARRISONS DIV OF DULUTH
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 5 AND 6 INC PART OF VAC ALLEY SERIAL #

Ownership

  • Current Owner : RALK DENNIS R
  • Current Owner 2: FALK JACQUELINE H
  • Previous Owner : JOHNSON THOMAS C
  • Previous Owner 2: WHITTAKER KATHERINE T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Duluth Public School District
  • School Tax School District: 709
  • Census Tract: 001100

Geography

  • Assessors Map Reference: MB 2080
  • Account Number: 989003
  • District: 10
  • Parcel: 010-2080-04300
  • Block: 30
  • Lot: 5-6
  • Municipality: CITY OF DULUTH
  • Latitude: 46.8106
  • Longitude: -92.065

    Address

  • Full Address: 2524 Branch St
  • Address - House Number: 2524
  • Address - Street Name: Branch
  • Address - Suffix Type: St
  • State: MN
  • City Name: Duluth
  • Carrier Code: C058
  • 4-Digit Zip Code: 2233
  • Zip Code: 55812

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,136
  • Tax Rate Code Area: CITY OF DU

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 71
  • Final Value: 429,523
  • High Value: 519,357
  • Low Value: 339,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,000
  • First Open Lien Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • First Open Lien Mortgage Recording Date: Jun 03, 2015
  • First Open Lien Mortgage Loan Amount: $143,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2030

    Market Valuation

  • Market Total Value: $347,600
  • Market Land Value: $92,700
  • Market Improvement Value: $254,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $347,600
  • Assessed Land Value: $92,700
  • Assessed Improvements Value: $254,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: Jun 03, 2015
  • Current Sale Transaction ID: 1236604060
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 957980

    Last Sale Mortgage

  • First Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • First Mortgage Transaction Date: Jun 03, 2015
  • First Mortgage Loan Amount: $143,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2030

About Congdon



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Frequently Asked Questions

What neighborhood is 2524 Branch Street located in?
The 2524 Branch Street is a located in the neighborhood of Congdon in Congdon, Duluth.
What is the average sales price for listings in 2524 Branch Street?
The average sales price for units in 2524 Branch Street is $0 currently.

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