125 1st Street, Proctor, MN, USA

3 beds • 2 baths • 1220 sqft
Sale Pending

$140,000

Market Value: $205,000

This home was just updated in 2023-2024 with highlights including new siding on house & garage, new roof on house & garage, new 2nd floor bathroom, new water heater, new furnace, new windows throughout, new paint & carpeting upstairs.

Home has an appraised market value (excluding the land) of $205,000, but is being sold $65,000 below market value to income qualified buyers. Additional down payment assistance of up to $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $125,000.

Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).

Additional
Details

MLS#: 6112444
Taxes: 1602
APN: 185-0040-00200
Lot Size: 45x142
Year Built: 1910

Kitchen 15 X 14
Living Room 10 X 16
Dining Room 12 X 11
Bedroom 1 10
Bedroom 2 10 X 16
Bedroom 3 10 X 10

12 E. 4TH STREET
DULUTH, MN 55805

Office Hours:
Monday-Thursday
8:00am-4:30pm*

*In-person appointments and office visits are by appointment only.  Please call 727-5372 to schedule an appointment!

Phone: (218) 727-5372

Fax: (218) 727-9368

Email: info@1roofhousing.org

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