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515 North Ugstad Road

515 North Ugstad Road, Duluth, MN 55810
Property in Proctor
Sold Jul 01, 2016
$144,500
$130,000 by National Bank Of Commerce
Mortgage Due Jul 01, 2046
Local assessors in Duluth, MN have categorized 515 North Ugstad Road as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 7,962 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 2 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 515 North Ugstad Road has a total of 1,072 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 416 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 396 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home has been utilizing gas for fuel. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 515 North Ugstad Road sold most recently in Jun 23, 2016 for a total of $144,500. If you work out the math, that's approximately a cost of $138.94 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 $2,020 in taxes each year. 515 North Ugstad Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $150,700. If we break it down further, the land itself was valued at $11,800. Improvements to the property, however, were assessed at a total of $138,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1945
  • Effective Year Built: 1945
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 416
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,962
  • 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: unknown
  • Heated Square Feet: 1,072
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLENDALE
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 0004 BLOCK:001 SERIAL #

Ownership

  • Current Owner : BALSNESS JOY M
  • Previous Owner : CHRISTENSEN EVELYN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Proctor Public School District
  • School Tax School District: 704
  • Census Tract: 010100

Geography

  • Assessors Map Reference: MB 83
  • Account Number: 1011617
  • District: 185
  • Parcel: 185-0083-00040
  • Block: 1
  • Lot: 4
  • Municipality: CITY OF PROCTOR
  • Latitude: 46.7475
  • Longitude: -92.2377

    Address

  • Full Address: 515 N Ugstad Rd
  • Address - House Number: 515
  • Street Direction: N
  • Address - Street Name: Ugstad
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Duluth
  • Carrier Code: C005
  • 4-Digit Zip Code: 1831
  • Zip Code: 55810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,020
  • Tax Rate Code Area: CITY OF PR

    Appraisal Valuation

  • Standard Deviation: 0.2746
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 60
  • Final Value: 222,800
  • High Value: 283,993
  • Low Value: 161,607

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: NATIONAL BANK OF COMMERCE
  • First Open Lien Mortgage Recording Date: Jul 01, 2016
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Jul 01, 2046
  • Second Open Lien Mortgage Lender: PROCTOR FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 05, 2023
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 28, 2038

    Market Valuation

  • Market Total Value: $150,700
  • Market Land Value: $11,800
  • Market Improvement Value: $138,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,700
  • Assessed Land Value: $11,800
  • Assessed Improvements Value: $138,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2016
  • Current Sale Recording Date: Jul 01, 2016
  • Current Sale Transaction ID: 1637590563
  • Current Sale Price: $144,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 972663

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL BANK OF COMMERCE
  • First Mortgage Transaction Date: Jul 01, 2016
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Bayview Heights



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Frequently Asked Questions

What neighborhood is 515 North Ugstad Road located in?
The 515 North Ugstad Road is a located in the neighborhood of Proctor in Bayview Heights, Duluth.
What is the average sales price for listings in 515 North Ugstad Road?
The average sales price for units in 515 North Ugstad Road is $0 currently.

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