NOT LISTED FOR SALE

1615 7th Ave Two Harbors, MN 55616

Estimated Value: $245,000 - $262,000

3 Beds
2 Baths
1,184 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $89,500 $76 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,454/month

149 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 4-minute walk to Seagog Park

About This Home

As of April 2016

This 3 bedroom, 2 bath home was thoroughly updated in 2013. Updates included a new kitchen with energy star appliances, 2 new bathrooms, new hardwood floors and new carpeting. The home also features a handicap accessible ramp in the back from the 2 car garage, plus wide doorway passages on the main level, as well as an accessible bathroom. The home has a market value of $125,000, but is being sold $35,000 below market value to income eligible households. Purchase with as little as $1000 out of pocket. Approximate house payment (includes principal, interest, taxes and insurance) of $650 per month.

Last Agent to Sell the Property

Adam Palan

1 Roof Community Housing Listed on: 10/16/2015

Last Buyer's Agent

Jim Philbin

1 Roof Community Housing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 1917

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Washer Hookup
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Wheelchair Access
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 23-7644-02130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,299

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Left on 7th Ave going into Two Harbors from Duluth. Property is on the Right
  • L O1 Office Phone1 Number: 218-727-5372
  • List Price/ Sq Ft: 75.59
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Ada Features: Partially Wheelchair
  • Reso Association Amenities: Hardwood Floors, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1184
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Open House End Time: 12:00
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1917
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1184
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Main
  • Bathroom Description: Full Basement
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1184
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: City of Two Harbors
  • Sewer: City
  • Water: City

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2016-04-28
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7644-02130

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1299.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Sep 26, 2012
Sold by
Wells Fargo Bank Na
Bought by
One Roof Community Housing
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Julie Hillman
1 Roof Community Housing
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$253,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,533
Avg. Annual Appreciation
7.71%
Original Mortgage
$92,162
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 9, 2011
Sold by
Gomes Pia L
Bought by
Wells Fargo Bank Na
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
One Roof Community Housing $99,000 Land Title Inc
Wells Fargo Bank Na $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed One Roof Community Housing $92,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $89,500 0.0% $76 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $89,500 -14.8% $76 / Sq Ft
08/30/2013 08/30/13 Sold $105,000 0.0% $89 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $105,000 +6.1% $89 / Sq Ft
09/28/2012 09/28/12 Sold $99,000 0.0% $84 / Sq Ft
09/28/2012 09/28/12 For Sale $99,000 -- $84 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
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
2025 $1,320 $235,300 $18,000 $217,300
2024 $761 $243,900 $18,000 $225,900
2023 $755 $243,800 $18,000 $225,800
2022 $1,846 $223,000 $15,700 $207,300
2021 $1,765 $159,900 $15,700 $144,200
2020 $1,556 $111,200 $11,200 $100,000
2019 $1,531 $111,200 $11,200 $100,000
2018 $1,468 $139,300 $14,900 $124,400
2017 $1,983 $137,000 $14,500 $122,500
2016 $1,281 $138,600 $14,500 $124,100
2015 $1,299 $131,400 $13,800 $117,600
2014 $1,299 $0 $0 $0
2013 $1,477 $0 $0 $0
2012 $868 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6018874

APN: 23-7644-02130