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502 Park St, Duluth, MN, 55803

5beds
2baths
1,766sqft
$335,000
$190price/sqft
$2,378/moest. monthly cost
$95,120/yrincome needed

About This Home

Welcome to this spacious and move-in-ready 5-bedroom, 2-bathroom home located in the desirable Hunter’s Park neighborhood! Situated on a large corner lot within the highly sought-after East School District, this property offers the perfect combination of space, functionality, and location. Recent improvements include a newly installed 220-volt outlet in the oversized 3-car garage, new garage siding, and interior updates that make this home ready for its next owner from day one. Inside, you’ll find a convenient main-floor laundry room and a flexible lower-level living space that is currently used as a bedroom but can easily be transformed into a family room, recreation area, home office, or gym to fit your lifestyle. Whether you’re looking for a primary residence or an investment opportunity, this versatile home checks all the boxes. Enjoy easy access to scenic walking and biking trails, nearby parks, shopping, and public transportation, all while living in one of the area’s most convenient locations. Don’t miss your opportunity to own this exceptional property. Schedule your private showing

Getting Around

3
WalkingCar-Dependent
26
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

8/10
7/10
10/10
East Senior High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1907

Materials

  • Roof: Asphalt
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Other

Basement

  • Has basement: Yes
  • Basement: Block,Full

Bedroom

  • Level: First
  • Area: 136.653
  • Dimensions: 12.3x11.11

Bedroom2

  • Level: Upper
  • Area: 116.25
  • Dimensions: 12.5x9.3

Bedroom3

  • Level: Upper
  • Area: 92.213
  • Dimensions: 11.11x8.3

Bedroom4

  • Level: Upper
  • Area: 178.92
  • Dimensions: 21.3x8.4

Bedroom5

  • Level: Lower
  • Area: 189.09
  • Dimensions: 19.10x9.9

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 111.25
  • Dimensions: 12.5x8.9

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 338
  • Finished area above ground: 1,428

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,766
  • Total interior livable area: 1,766 sqft

Kitchen

  • Level: Main
  • Area: 157.5
  • Dimensions: 12.6x12.5

Living Room

  • Level: Main
  • Area: 251.34
  • Dimensions: 21.3x11.8

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 010010000015
  • Zoning description: Residential-Single Family
  • Foundation area: 1766

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 93 x 100

Parking

  • Total spaces: 3
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Inland Flooding

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,693$20,316
Home Insurance *$182$2,184
Property Taxes $333$3,996
Electricity $170$2,050
Total$2,378$28,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,531/yr
40% on housing$71,340/yr
45% on housing$63,413/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$190This listing

vs Other Active Listings

Avg $/sqft

ZIP 55803$218
St. Louis County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55803
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-08Price change$330,000
2026-08-01Price change$335,000
2026-07-21Listed for sale$340,000
2025-03-28Sold$297,400
2025-02-17Pending sale$299,900
2025-02-11Contingent$299,900
2025-02-07Listed for sale$299,900
2025-02-01Listing removed$2,600
2025-01-24Listed for rent$2,600
2025-01-09Listing removed$2,600
2024-12-10Listed for rent$2,600
2022-03-02Sold$252,350
2010-03-18Sold$98,900
2010-01-10Price change$119,900
2010-01-06Price change$119,000
2009-12-05Price change$119,900
2009-11-07Price change$129,900
2009-10-17Price change$134,900
2009-09-14Listed for sale$142,900
2009-02-10Sold$161,070

For Sale by Agent

AgentArtemisa Boston
BrokerageeXp Realty

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