1002 S 72nd Ave W Duluth, MN 55807

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This home was just extensively renovated with highlights including new kitchen & bathroom, new windows and exterior doors, updated electrical & plumbing, new water heater, new sheetrock, flooring & paint, new basement access from main floor. Home has an appraised market value of $223, 000, but is being sold $45, 000 below market value to income qualified buyers. Additional down payment assistance of $15, 000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $163, 000. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $53, 350 (1); $60, 950 (2); $68, 550 (3); $76, 150 (4); $82, 250 (5); $88, 350 (6) $94, 450 (7) $100, 550 (8).