Seller's Agent in 2022
Matt Rengstorf
Perrella & Associates
(218) 295-2240
434 Total Sales
110 3rd Ave N Biwabik, MN 55708
5
Beds
4
Baths
2,200
Sq Ft
1920
Built
About This Home
As of March 2022Nicely updated 4-plex with great cash flow and rental history! Two 2 bedroom units, one 1 bedroom unit, and a studio apartment. Excellent income producing property! (Interior pictures taken prior to tenants moving in.)
Last Agent to Sell the Property
Perrella & Associates License #40752619 Listed on: 01/12/2022
Last Buyer's Agent
Member Non
NON-MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,408
Year Built
- Built in 1920
Home Design
- 2,200 Sq Ft Home
- Quadruplex
- Vinyl Construction Material
Additional Features
- Lot Dimensions are 125 x 50
- Heating System Uses Gas
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,716
- Utility Expense $9,960
- Gross Income $34,500
- Net Operating Income $21,416
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2022 03/15/22 | Sold | $139,900 | 0.0% | $64 / Sq Ft | |
| 01/20/2022 01/20/22 | Pending | -- | -- | -- | |
| 01/12/2022 01/12/22 | For Sale | $139,900 | +278.1% | $64 / Sq Ft | |
| 05/23/2014 05/23/14 | Sold | $37,000 | -- | $18 / Sq Ft | View Prior Sale |
| 09/13/2013 09/13/13 | Pending | -- | -- | -- |
Source: Range Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,612 | $114,300 | $5,400 | $108,900 |
| 2023 | $2,612 | $103,000 | $5,400 | $97,600 |
| 2022 | $1,574 | $45,900 | $5,400 | $40,500 |
| 2021 | $1,408 | $45,900 | $5,400 | $40,500 |
| 2020 | $1,414 | $45,900 | $5,400 | $40,500 |
| 2019 | $1,238 | $45,900 | $5,400 | $40,500 |
| 2018 | $1,380 | $45,900 | $5,400 | $40,500 |
| 2017 | $1,510 | $55,500 | $6,200 | $49,300 |
| 2016 | $1,318 | $61,000 | $6,200 | $54,800 |
| 2015 | $1,315 | $56,500 | $5,600 | $50,900 |
| 2014 | $1,315 | $58,800 | $5,600 | $53,200 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Rengstorf
-
M
Buyer's Agent in 2022
Member Non
NON-MEMBER
-
W
Seller's Agent in 2014
Wavie Edwards
Edwards & Associates Inc.
-
M
Buyer's Agent in 2014
Mike Zupetz
Culbert Realty
Map
Source: Range Association of REALTORS®
MLS Number: 142767
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