Sold for $227,000

$227,000

140 Lakewood Rd, Duluth, MN 55804

2beds

882sqft

Single Family Residence

Built in 1915

3.14 Acres Lot

$117,400 Zestimate^®

$257/sqft

$2,089 Estimated rent

Home value

$117,400

$101,000 - $136,000

$2,089/mo

Zestimate^® history

Owner options

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$2,089/mo

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$2,089/mo

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$1,474/mo

Est. payment

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$1,474/mo

Est. payment

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What's special

Large yardStorage shedsGarden area

**Offer Deadline 7:00pm 3/21/25** Great things come in small packages and this 1 level home on a park like 3 acres only minutes to town is no exception! The possibilities are here to make this home shine. Step inside to find a kitchen, dining, living room along with 2 bedrooms and full bath on the main level. The full basement is unfinished but does have several rooms that could be finished off. Currently used for laundry, storage, workshop, pool table (that stays) and an add-on wood stove. Outside you will find a detached 1 stall garage, large yard, garden area, storage sheds, and many trails throughout the back half of the property. This property needs some TLC but has a lot of great potential to become something special. Bring your ideas to update and boots to walk the trails out back! **Offer Deadline 7:00pm 3/21/25**

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main
Area: 80 Square Feet
Dimensions: 10 x 8

Bedroom

Level: Main
Area: 80 Square Feet
Dimensions: 10 x 8

Dining room

Level: Main
Area: 144 Square Feet
Dimensions: 12 x 12

Kitchen

Level: Main
Area: 132 Square Feet
Dimensions: 11 x 12

Living room

Level: Main
Area: 168 Square Feet
Dimensions: 12 x 14

Heating

Forced Air, Wood, Oil

Appliances

Included: Dryer, Range, Refrigerator, Washer

Features

Basement: Full,Washer Hook-Ups,Dryer Hook-Ups
Has fireplace: No

Interior area

Total interior livable area: 882 sqft
Finished area above ground: 882
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached, Electrical Service
Garage spaces: 1

Lot

Size: 3.14 Acres
Dimensions: 125 x 620 + 125 x 475
Features: Many Trees, Level
Residential vegetation: Heavily Wooded

Details

Additional structures: Storage Shed, Other
Parcel number: 010246000050, 00060

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1915

Utilities & green energy

Electric: Minnesota Power
Sewer: Private Sewer, Mound Septic
Water: Public
Utilities for property: DSL, Satellite

Community & HOA

HOA

Has HOA: No

Location

Region: Duluth

Financial & listing details

Price per square foot: $257/sqft
Tax assessed value: $185,400
Annual tax amount: $2,217
Date on market: 3/17/2025
Cumulative days on market: 4 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
5/13/2025	Sold	$227,000+13.6%$257/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118206 Report a problem
3/22/2025	Pending sale	$199,900$227/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118206 Report a problem
3/17/2025	Listed for sale	$199,900$227/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118206 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,956 -5.6%	$185,400 +17.8%
2023	$2,072 +11.9%	$157,400
2022	$1,852 -0.9%	$157,400 +17.9%
2021	$1,868	$133,500
2020	$1,868	$133,500
2019	$1,868 +18.4%	$133,500 +7.2%
2018	$1,578 -10.2%	$124,500
2017	$1,758 +11.4%	$124,500 -4.8%
2016	$1,578 -5.2%	$130,800 +54.2%
2015	$1,664 +10.5%	$84,800 +116.3%
2014	$1,506 +133.3%	$39,200
2013	$645 -1.6%	$39,200 -7.5%
2012	$656 +0.3%	$42,400 -43.9%
2011	$654 -2.1%	$75,600 -5%
2010	$668	$79,600
2009	$668 -6.3%	$79,600 -3%
2008	$712 +13.8%	$82,100 +3%
2007	$626 +0.9%	$79,700
2006	$620 -1.5%	$79,700 +16.9%
2004	$630 +9.6%	$68,200 +12%
2003	$574 +2.1%	$60,900 +9.9%
2002	$563 -8.5%	$55,400 +8.4%
2001	$615 +8.2%	$51,100 +8.5%
2000	$568	$47,100