NOT LISTED FOR SALE

1606 3rd Ave E Hibbing, MN 55746

Estimated Value: $58,000 - $104,065

2 Beds
2 Baths
1,523 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $83,500 $55 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $507/month

2 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Heating System Uses Steam

About This Home

As of April 2022

2 BR, 2 BA home with 2 vehicle car port and a fenced yard! Charming, spacious home with updated hickory kitchen with Corian countertops, large living room, finished lower level includes rec room, bar area, pool table, 2nd bath, room to entertain and possible 3rd BR. Great location near park! Compare payment to rent! Why rent when you can own and build equity!

Last Agent to Sell the Property

Marcy Johnson

Johnson Hometown Realty License #40548574 Listed on: 03/07/2022

Co-Listed By

Wayne Johnson

Johnson Hometown Realty License #90273

Last Buyer's Agent

Matt Rengstorf

Perrella & Associates License #40752619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned R1

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 140-0140-01020

Home Details

Home Type

Single Family

Est. Annual Taxes

$158

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Steam
  • Lower Level Bathrooms: .75
  • Lvt Date: 03/07/2022
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 140-0140-01020
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 158
  • Style: One Story
  • Type: Residential
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1523
  • Bedroom 1: Size: 9'6x11'6, On Level: Main
  • Total Bathrooms: 1.7
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 9'x9'6, On Level: Main
  • Kitchen: Size: 9'5x15'6, On Level: Main
  • Living Room: Size: 11'x19', On Level: Main
  • Main Level Bedrooms: 2
  • Rec Room: Size: 13'5x24'8, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

  • Water Heater: Electric

Lot Info

  • Fencing: Chain Link
  • Lot Size: Dimensions: 125x30
  • Number Of Acres: 0.09
  • Zoning: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 13, 2022
Sold by
Unger Tina
Bought by
Nyhus Jennifer
Seller's Agent
Marcy Johnson
Johnson Hometown Realty
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$69,500
Sold Price
$83,500
Premium/Discount to List
$14,000
20.14%
Current Estimated Value
$92,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,495
Avg. Annual Appreciation
-1.30%
Original Mortgage
$80,995
Outstanding Balance
$75,538
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$3,978

Purchase Details

Listed on
Feb 11, 2018
Closed on
Mar 26, 2018
Sold by
Pavik Daniel P and Pavik Carol J
Bought by
Bussey Tina M
Seller's Agent
Dan Pavik
Pavik Realty
Buyer's Agent
Marcy Johnson
Johnson Hometown Realty
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$53,905
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 23, 2015
Closed on
Oct 8, 2015
Sold by
Olson Laverne H
Bought by
Pavik Carol J and Pavik Daniel P
Seller's Agent
Tim Renskers
Village Realty
Buyer's Agent
Member Non
NON-MEMBER
Sold Price
$46,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
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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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
Nyhus Jennifer $83,500 --
Bussey Tina M $54,900 Sellman Title Company Llc
Pavik Carol J $46,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyhus Jennifer $80,995
Previous Owner Bussey Tina M $53,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Sold $83,500 +20.1% $55 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $69,500 +26.6% $46 / Sq Ft
03/29/2018 03/29/18 Sold $54,900 +19.3% $36 / Sq Ft View Prior Sale
02/11/2018 02/11/18 Pending -- -- --
10/09/2015 10/09/15 Sold $46,000 -- $30 / Sq Ft View Prior Sale
09/23/2015 09/23/15 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 $236 $70,000 $8,800 $61,200
2023 $236 $66,100 $8,800 $57,300
2022 $748 $45,000 $7,900 $37,100
2021 $158 $41,600 $7,900 $33,700
2020 $158 $41,600 $7,900 $33,700
2019 $110 $41,600 $7,900 $33,700
2018 $504 $29,600 $8,000 $21,600
2017 $100 $29,600 $8,000 $21,600
2016 $94 $27,700 $8,000 $19,700
2015 $96 $16,100 $4,800 $11,300
2014 $100 $16,900 $6,300 $10,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 142923

Range Association of REALTORS®

APN: 140014001020