NOT LISTED FOR SALE

123 3rd Ave S Biwabik, MN 55708

Estimated Value: $86,000 - $135,000

3 Beds
1.5 Baths
1,397 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $88,000 $63 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $643/month

45 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Living Room
  • No HOA
  • Porch
  • Bathroom on Main Level

About This Home

As of January 2023

Charming and spacious home featuring 3 cozy bedrooms on the upper level along with the full bath; an ample main floor that boasts a large kitchen that has room for an island, dining room with hidden laundry units and case opening to the welcoming living room and front entryway. The dry basement has great space for storage and houses an additional shower. This home offers a great opportunity to enjoy as is or update, personalize it to your style, and gain some sweat equity. Do not miss this quaint home! Call today for your personal tour~

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 10/01/2022

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty Listed on: 10/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $461

Year Built

  • Built in 1888

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 125x25

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,397 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015-0030-02540

Home Details

Home Type

Single Family

Est. Annual Taxes

$461

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Town
  • L O1 Office Phone1 Number: 218-827-2288
  • List Price/ Sq Ft: 62.99
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1397
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1888
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 665
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • 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: 2
  • Total Fin Square Footage: 1397
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Fiber Board

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Mesabi E. #2711
  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Geo Update Timestamp: 2022-10-01
  • Estimated Lot Dimensions: 125x25
  • Estimated Number of Acres: 0.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 015-0030-02540

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 460.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Jan 5, 2023
Sold by
Wilson Richard K
Bought by
Lomsak Charina M and Rainey Tracy Marie
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$88,000
Sold Price
$88,000
Current Estimated Value
$114,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,045
Avg. Annual Appreciation
9.74%
Original Mortgage
$86,406
Outstanding Balance
$83,600
Interest Rate
6.33%
Mortgage Type
Construction
Estimated Equity
$30,445
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lomsak Charina M $88,000 All American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomsak Charina M $86,406
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $88,000 0.0% $63 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $88,000 -- $63 / 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
2023 $474 $76,200 $3,100 $73,100
2022 $514 $51,800 $3,000 $48,800
2021 $410 $48,700 $2,700 $46,000
2020 $412 $46,900 $2,700 $44,200
2019 $348 $46,900 $2,700 $44,200
2018 $132 $48,700 $2,700 $46,000
2017 $144 $30,600 $3,100 $27,500
2016 $126 $33,700 $3,100 $30,600
2015 $122 $18,800 $1,700 $17,100
2014 $122 $19,600 $1,700 $17,900
Source: Public Records

Agents Affiliated with this Home

  • Norma Jean Jofs

    Seller's Agent in 2023

    Norma Jean Jofs

    Next Door Realty

    (218) 780-2860

    411 Total Sales

    Norma Jean Jofs
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105756

APN: 015003002540

Minnesota St Louis County Biwabik 55708

123 3rd Ave S, Biwabik, MN

This home is located at 123 3rd Ave S, Biwabik, MN 55708 since 01 October 2022 and is currently estimated at $114,045, approximately $81 per square foot. This property was built in 1888. 123 3rd Ave S is a home located in St. Louis County with nearby schools including Mesabi East Elementary School and Mesabi East Secondary School.

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