As you step inside, you're greeted by the warmth of hardwood floors that guide you through the inviting space. The kitchen boasts modern elegance with granite countertops, complemented by a spacious breakfast bar perfect for casual dining or entertaining guests. There's ample room for formal dining, ensuring every meal is an occasion to remember. Picture cozy evenings by the wood fireplace in the living/dining room, creating a comforting ambiance for gatherings.The expansive great room awaits with soaring vaulted ceilings, illuminated by natural light cascading through generous windows. Here, a gas fireplace adds a touch of sophistication, while a bar and office area provide versatility for work or play. The master bedroom suite is a sanctuary of relaxation featuring a lavish bathroom complete with double sinks, loads of storage, a shower equipped with a soothing steam feature, and a huge walk-in closet. But perhaps the highlight of this remarkable home lies on the third floor – the observation cupola complete with a private balcony. From here, breathtaking views of Lake Superior stretch out before you, inviting moments of reflection and tranquility. Outside, the allure continues with a front deck offering a perfect spot for enjoying morning coffee or evening sunsets. A firepit area beckons for cozy gatherings under the starry sky, while a patio provides a serene setting for al fresco dining. And with just steps out your door to the beach, you can easily immerse yourself in the beauty of Lake Superior whenever the mood strikes. This Park Point gem is more than just a home; it's a retreat where every day feels like a getaway, where the beauty of nature meets the comfort of luxury living. Experience the epitome of lakeside living in this exceptional property.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,805
Per Month
Principal & Interest
$6,738
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,114
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Myers-Wilkins Elementary School
1027 N 8th Ave E
Distance between this listing and this school2.54 miles
Public District Grades PK-5
9
/10
Congdon Elementary School
3116 E Superior St
Distance between this listing and this school3.69 miles
Public District Grades KG-5
7
/10
Lowell Elementary School
2000 Rice Lake Rd
Distance between this listing and this school3.72 miles
Public District Grades KG-5
Nearby Schools
2
/10
Lincoln Park Middle School
3215 W 3rd St
Distance between this listing and this school3.08 miles
Public District Grades 6-8
7
/10
Ordean East Middle School
2900 E 4th St
Distance between this listing and this school3.64 miles
Public District Grades 6-8
3
/10
North Star Academy
3301 Technology Dr
Distance between this listing and this school4.82 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Harbor City International Charter
332 W Michigan St Ste 300
Distance between this listing and this school1.40 miles
Public Charter Grades 9-12
4
/10
Academic Excellence Online
215 N 1st Ave E
Distance between this listing and this school1.73 miles
Public District Grades 9-12
2
/10
Duluth Area Learning Center
215 N 1st Ave E
Distance between this listing and this school1.73 miles
The neighbors living near this home have an average income of $61,675. The majority of Duluth, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1629 S Lake Ave
What is the listing price of this property?
The listing price of 1629 S Lake Ave property is $1,350,000.
What type of property is this?
The property 1629 S Lake Ave is a house located in Duluth, Minnesota, 55802.
Is this property for sale now?
Active Listing: 1629 S Lake Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $10,104 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 4, 2019 for $795,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1629 S Lake Ave has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 1629 S Lake Ave is 3,183 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1629 S Lake Ave is 1949.
This home is located at 1629 S Lake Ave in Duluth, MN and zip code 55802 in the Park Point neighborhood. This 3,183 square foot home, which was built in 1949, sits on a 0.36 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $1,350,000.
Over 37 listings were sold over their listed price in November 2024 in Duluth, MN. In the same period over 51 listings were sold below the listed price and 29 listings were sold for the listed price. The number of homes for sale in Duluth, MN decreased by 20.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 25 days, the median list price was $305,357.
From Rocket Homes Real Estate and based on county public records data.