$120,000
SOLD JUN 4, 2025

112 E Nebraska Ave Gilbert, MN 55741

3 Beds
1 Bath
950 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

19% Below List Price

97 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Detached Garage
  • Main Floor Primary Bedroom
  • Den
  • Porch

About This Home

As of June 2025

This inviting 3-bedroom home in Gilbert, Minnesota balances classic character with thoughtful modern updates. Hardwood floors flow throughout the residence, adding warmth and timeless appeal to every room. Recent improvements ensure both comfort and peace of mind: a newer roof to protect it from Minnesota's varied seasons, updated windows enhance energy efficiency while welcoming natural light, and a newer furnace provides reliable warmth during northern winters. The single bathroom has been tastefully maintained, while the detached one-car garage offers convenient protected parking and additional storage space. Located in Gilbert's friendly community, this well-maintained property presents the perfect blend of northern Minnesota charm and practical updates—an ideal place to call home in the heart of the Iron Range. Call today!

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 02/25/2025

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $478

Year Built

  • Built in 1908

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 115x30

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 950 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060-0020-01700

Home Details

Home Type

Single Family

Est. Annual Taxes

$478

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 13 take Broadway Ave, turn left onto Nebraska Ave E and the property is on the left.
  • L O1 Office Phone1 Number: 218-410-5353
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 950
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1908
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Den/Office
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Porch
  • Room 8: Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 950
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Steel

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Rock Ridge #2909

Lot Info

  • Estimated Lot Dimensions: 115x30
  • Estimated Number of Acres: 0.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 060-0020-01700

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
May 16, 2025
Sold by
Kokko Ruth M
Bought by
Goodale Rebecca
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%
Views
73
Current Estimated Value
$120,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149
Avg. Annual Appreciation
0.20%
Original Mortgage
$100,000
Outstanding Balance
$97,638
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$22,511
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 All American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2025 06/04/25 Sold $120,000 -14.0% $126 / Sq Ft
03/25/2025 03/25/25 Price Changed $139,500 -6.4% $147 / Sq Ft
02/25/2025 02/25/25 For Sale $149,000 -- $157 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $452 $72,600 $3,900 $68,700
2023 $452 $72,600 $3,900 $68,700
2022 $506 $64,700 $3,300 $61,400
2021 $468 $64,700 $3,300 $61,400
2020 $486 $56,300 $3,000 $53,300
2019 $402 $59,900 $3,000 $56,900
2018 $202 $57,200 $3,000 $54,200
2017 $266 $43,600 $2,900 $40,700
2016 $228 $43,600 $2,900 $40,700
2015 $159 $23,000 $1,800 $21,200
2014 $159 $23,000 $1,800 $21,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117921

APN: 060002001700