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401 West Faribault Street

401 West Faribault Street, Duluth, MN 55803
Sold Sep 06, 2016
$189,000
$179,550 by Cu Mortgage Services Inc
Mortgage Due Sep 01, 2046
Sold Oct 17, 2001
$127,500
$121,125 by North Shore Bank Of Commerce
Mortgage Due Oct 01, 2031
Local assessors in Duluth, MN have categorized 401 West Faribault Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 9,370 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 401 West Faribault Street has a total of 1,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 26, 2016 for $189,000. That's $181.73 per sqft. Prior to that sales transaction, the property was also sold in Sep 14, 2001 for $127,500. 401 West Faribault Street was last assessed in 2022. The total value of the property was assessed at $223,500. Specifically, the land the property is located on was valued at $40,900. While improvements on the property were assessed at a total of $182,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,134. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 4
  • Bedroom Count: 4
  • 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: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 9,370
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLMANS 3RD ADD TO DULUTH
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 1 AND 2 SERIAL #

Ownership

  • Current Owner : SWANSON JAMES P
  • Current Owner 2: SWANSON LAURA K
  • Previous Owner : MCGUIGAN PAIGE C
  • Previous Owner 2: MCGUIGAN DAMIEN
  • Owner Before Previous Owner: ENGEL LAWRENCE N
  • Owner Before Previous Owner 2: ENGEL SUSAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Duluth Public School District
  • School Tax School District: 709
  • Census Tract: 000100

Geography

  • Assessors Map Reference: MB 640
  • Account Number: 1015547
  • District: 10
  • Parcel: 010-0640-00720
  • Block: 3
  • Lot: 1-2
  • Municipality: CITY OF DULUTH
  • Latitude: 46.8492
  • Longitude: -92.0929

    Address

  • Full Address: 401 W Faribault St
  • Address - House Number: 401
  • Street Direction: W
  • Address - Street Name: Faribault
  • Address - Suffix Type: St
  • State: MN
  • City Name: Duluth
  • Carrier Code: C037
  • 4-Digit Zip Code: 1734
  • Zip Code: 55803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,134
  • Tax Rate Code Area: CITY OF DU

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 63
  • Final Value: 282,328
  • High Value: 354,663
  • Low Value: 209,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,550
  • First Open Lien Mortgage Lender: CU MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Sep 06, 2016
  • First Open Lien Mortgage Loan Amount: $179,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $223,500
  • Market Land Value: $40,900
  • Market Improvement Value: $182,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $223,500
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $182,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2016
  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Transaction ID: 1760665869
  • Current Sale Price: $189,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 975536
  • Previous Sale Recording Date: Oct 17, 2001
  • Previous Sale Contract Date: Sep 14, 2001
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CU MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Sep 06, 2016
  • First Mortgage Loan Amount: $179,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • Previous Mortgage Transaction Date: Oct 17, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $121,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About Woodland - Pleasantview



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Frequently Asked Questions

What neighborhood is 401 West Faribault Street located in?
The 401 West Faribault Street is a located in the neighborhood of Woodland - Pleasantview in Woodland - Pleasantview, Duluth.
What is the average sales price for listings in 401 West Faribault Street?
The average sales price for units in 401 West Faribault Street is $0 currently.

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