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4806 Oakley Street

4806 Oakley Street, Duluth, MN 55804
Sold Oct 20, 2021
$215,000
$204,250 by North Shore Bank Of Commerce
Mortgage Due Nov 01, 2051
Local assessors in Duluth, MN have categorized 4806 Oakley Street as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 16,895 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is also a partial bathroom. 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 4806 Oakley Street has a total of 672 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 336 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 896 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 excellent. 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 oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4806 Oakley Street was last sold in Oct 15, 2021 for $215,000. According to our calculations, that's $319.94 per sqft. Current property owners are expected to pay $3,050 in taxes per year. The property on 4806 Oakley Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $218,300. To break that down further, the land itself was valued at $55,800. While improvements to the property were assessed at a total of $162,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 336
  • Garage Type: Garage
  • Garage Square Area: 896
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 16,895
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 672
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE GARDENS DULUTH
  • Land Acres: 0.387
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 0004 BLOCK:010 SERIAL #

Ownership

  • Current Owner : SOMMER JOSIAH
  • Current Owner 2: SOMMER NEIL AHNA
  • Previous Owner : BARON LISA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Duluth Public School District
  • School Tax School District: 709
  • Census Tract: 000600

Geography

  • Assessors Map Reference: MB 2780
  • Account Number: 1119404
  • District: 10
  • Parcel: 010-2780-01390
  • Block: 10
  • Lot: 4
  • Municipality: CITY OF DULUTH
  • Latitude: 46.8436
  • Longitude: -92.0277

    Address

  • Full Address: 4806 Oakley St
  • Address - House Number: 4806
  • Address - Street Name: Oakley
  • Address - Suffix Type: St
  • State: MN
  • City Name: Duluth
  • Carrier Code: C082
  • 4-Digit Zip Code: 1233
  • Zip Code: 55804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,050
  • Tax Rate Code Area: CITY OF DU

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 67
  • Final Value: 255,612
  • High Value: 315,866
  • Low Value: 195,358

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $408,500
  • First Open Lien Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • First Open Lien Mortgage Recording Date: Oct 20, 2021
  • First Open Lien Mortgage Loan Amount: $204,250
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • Second Open Lien Mortgage Recording Date: Oct 20, 2021
  • Second Open Lien Mortgage Loan Amount: $204,250
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $218,300
  • Market Land Value: $55,800
  • Market Improvement Value: $162,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $218,300
  • Assessed Land Value: $55,800
  • Assessed Improvements Value: $162,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Transaction ID: 11875882697
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1048483

    Last Sale Mortgage

  • First Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • First Mortgage Transaction Date: Oct 20, 2021
  • First Mortgage Loan Amount: $204,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051
  • Second Mortgage Lender: NORTH SHORE BANK OF COMMERCE
  • Second Mortgage Transaction Date: Oct 20, 2021
  • Second Mortgage Loan Amount: $204,250
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Mortgage Loan Due Date: Nov 01, 2031

About Lakeside-Lester Park



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Frequently Asked Questions

What neighborhood is 4806 Oakley Street located in?
The 4806 Oakley Street is a located in the neighborhood of Lakeside-Lester Park in Lakeside-Lester Park, Duluth.
What is the average sales price for listings in 4806 Oakley Street?
The average sales price for units in 4806 Oakley Street is $0 currently.

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