NOT LISTED FOR SALE

16026 Lake St Pengilly, MN 55775

Estimated Value: $155,000 - $292,000

5 Beds
2 Baths
2,128 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $78,000 $37 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,135/month

About This Home

As of July 2014

Sellers have used this only has rental property. Large lot and 2 stall garage. Huge deck off upper half. Appliances and great rental income potential. This could easily be a single family home Contract for deed available with sufficient down payment. Currently rented and renters must find suitable housing if not staying. There is a septic and well on property.

Last Agent to Sell the Property

Anita Raushel

Iron Country Realty License #40196962 Listed on: 05/26/2014

Last Buyer's Agent

Anita Raushel

Iron Country Realty License #40196962 Listed on: 05/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1940

Lot Details

  • 0.7

Home Design

  • 2,128 Sq Ft Home
  • Duplex

Additional Features

  • Laundry in Utility Room
  • Lot Dimensions are 300 x 100

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi Family
  • Real Estate Tax: 1097.0
  • Type: Duplex
  • Year Built: 1940
  • Lot Size Length: 300
  • Lot Size Width: 100
  • Laundry Storage: Inside Utility
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2128

Fee Information

  • Rent Income: 1000

Lot Info

  • Zoning: r

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 1142.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2019
Sold by
Thronson David A and Thronson Micheile L
Bought by
Wilson Alexander and Wilson Dana
Current Estimated Value
$201,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,244
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 26, 2014
Closed on
Jul 29, 2014
Sold by
Thronson Dave and Thorson Michelle L
Bought by
Wilson Alexander and Austad Dana
Seller's Agent
Anita Raushel
Iron Country Realty
Buyer's Agent
Anita Raushel
Iron Country Realty
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$67,500
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2009
Sold by
Wells Fargo Bank Na
Bought by
Thronson Dave

Purchase Details

Closed on
Jun 6, 2007
Sold by
Fischer Diane and Moe Daniel
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wilson Alexander $78,000 --
Wilson Alexander -- All American Title Co Inc
Thronson Dave $23,000 None Available
Wells Fargo Bank Na $50,053 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Alexander $75,244
Previous Owner Wilson Alexander $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 Sold $78,000 -- $37 / Sq Ft
05/26/2014 05/26/14 Pending -- -- --
Source: Range Association of 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 $912 $158,000 $24,000 $134,000
2023 $912 $151,200 $23,600 $127,600
2022 $1,292 $126,700 $23,000 $103,700
2021 $1,326 $88,500 $18,000 $70,500
2020 $650 $88,500 $18,000 $70,500
2019 $716 $88,500 $18,000 $70,500
2018 $514 $92,600 $17,000 $75,600
2017 $386 $0 $0 $0
2016 $394 $0 $0 $0
2015 $504 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Anita Raushel

    Iron Country Realty

    (218) 254-7101

    75 Total Sales

    Anita Raushel
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Map

Source: Range Association of REALTORS®

MLS Number: 122618

Range Association of REALTORS®

APN: 18-570-0040

Minnesota Itasca County Pengilly 55775

16026 Lake St, Pengilly, MN

Not Listed for Sale

MultiFamily

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