Buyer's Agent in 2023
Pamela Gilhousen
COLDWELL BANKER NORTHWOODS
(218) 360-9490
4 in this area
202 Total Sales
1105 16th Ave E Hibbing, MN 55746
Estimated Value: $139,000 - $174,000
3
Beds
3
Baths
1,800
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Coin Laundry
- Partially Fenced Property
- Baseboard Heating
About This Home
As of June 2023Amazing investment opportunity! This property will cash-flow, or, owner occupy one unit and have the rental income offset expenses! Excellent rental history, in the busy, bustling town of Hibbing! Close to parks, the golf course, and the bike trails run all the way from Grand Rapids to Ely! Located right on the bus line for easy and inexpensive commute to work, shopping, schools, and medical facilities. All three units have had recent kitchen & bath updates to include: oak kitchen cabinets, countertops, sinks & faucets, flooring, and paint. Opportunities like this don't come by often, so don't miss out! Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $690
Year Built
- Built in 1920
Lot Details
- Partially Fenced Property
- Privacy Fence
- Chain Link Fence
- Few Trees
Home Design
- Triplex
- Metal Roof
- Cedar
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Basement
- Partial Basement
- Sump Pump
- Block Basement Construction
- Basement Storage
Parking
- On-Street Parking
- Open Parking
Utilities
- Forced Air Heating System
- Baseboard Heating
- 100 Amp Service
Community Details
- 3 Units
- Coin Laundry
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for electricity, fuel, insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 014005002020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2023
Closed on
Jun 2, 2023
Sold by
Anderson Darrell D and Anderson Carrie
Bought by
Y-Not Rentals Llc
Buyer's Agent
Pamela Gilhousen
COLDWELL BANKER NORTHWOODS
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Views
119
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,738
Avg. Annual Appreciation
1.90%
Original Mortgage
$158,174
Outstanding Balance
$153,776
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$3,962
Purchase Details
Closed on
Feb 1, 2002
Sold by
Sunty Lynn
Bought by
Anderson Darrell D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Y-Not Rentals Llc | $150,000 | First American Title | |
| Anderson Darrell D | $2,000 | Consolidated Title & Abstrac |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Y-Not Rentals Llc | $158,174 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2023 06/02/23 | Sold | $150,000 | -3.2% | $83 / Sq Ft |
| 06/02/2023 06/02/23 | Pending | -- | -- | -- |
| 01/20/2023 01/20/23 | For Sale | $154,900 | -- | $86 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,600 | $100,700 | $6,600 | $94,100 |
| 2023 | $1,600 | $77,100 | $6,600 | $70,500 |
| 2022 | $690 | $42,400 | $6,600 | $35,800 |
| 2021 | $660 | $38,400 | $6,600 | $31,800 |
| 2020 | $654 | $37,000 | $6,600 | $30,400 |
| 2019 | $638 | $37,000 | $6,600 | $30,400 |
| 2018 | $550 | $37,000 | $6,600 | $30,400 |
| 2017 | $540 | $32,300 | $6,700 | $25,600 |
| 2016 | $528 | $32,300 | $6,700 | $25,600 |
| 2015 | $509 | $35,100 | $6,700 | $28,400 |
| 2014 | $509 | $31,000 | $10,300 | $20,700 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Gilhousen
Map
Source: NorthstarMLS
MLS Number: 6324115
APN: 140005002020
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