NOT LISTED FOR SALE

1711 16th Ave E Hibbing, MN 55746

Estimated Value: $141,000 - $176,631

3 Beds
2 Baths
1,172 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $139,000 $119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,007/month

11 Days on Market

About This Home

As of April 2022

Solid 3 bedroom rambler in Courthouse Addition. 3 bedrooms, a full bathroom, good sized living room, and an eat-in kitchen on the main level. Lower level has poured foundation, a huge rec room with a Brunswick pool table, .7 bathroom, large laundry area, a workshop, and a ton of storage areas. The rooves on both buildings are 6 years old. All of the appliances are included plus many of the furnishings may be included for the right price.

Last Listed By

Robert Valentini

Perrella & Associates License #20280177 Listed on: 02/20/2022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

1965

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Hot Water
  • Lower Level Bathrooms: .7
  • Lvt Date: 02/20/2022
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 140-0075-00200
  • Percent Of Bsmnt Finished: 60
  • Real Estate Tax: 860
  • Style: One Story
  • Total Above Grade Sq Ft: 1172
  • Type: Residential
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1875
  • Bedroom 1: Size: 10x13, On Level: Main
  • Total Bathrooms: 1.7
  • Basement: Full, Poured
  • Bedroom 2: Size: 8x12, On Level: Main
  • Bedroom 3: Size: 9x11, On Level: Main
  • Kitchen: Size: 17x12, On Level: Main
  • Living Room: Size: 13x24, On Level: Main
  • Lower Level Sq Ft: 1172
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1172
  • Other Room 2: laund/stor, Size: 12x18, On Level: Lower
  • Other Room 3: work/util, Size: 14x18, On Level: Lower
  • Rec Room: Size: 13x38, On Level: Lower

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24x22

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Gas

Schools

  • School District: Hibbing

Lot Info

  • Lot Size: Dimensions: 125x60
  • Number Of Acres: 0.17
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Apr 13, 2022
Sold by
Beth Panichi Mary and Beth April
Bought by
Nelson Monty A
Seller's Agent
Robert Valentini
Perrella & Associates
Buyer's Agent
Patti Stoddard
Perrella & Associates
List Price
$139,500
Sold Price
$139,000
Premium/Discount to List
-$500
-0.36%
Total Days on Market
11
Current Estimated Value
$161,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,408
Avg. Annual Appreciation
6.20%
Original Mortgage
$132,050
Outstanding Balance
$125,042
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$42,459

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 17, 2022
Sold by
Vincent Panichi Peter
Bought by
Panichi Paul
Seller's Agent
Robert Valentini
Perrella & Associates
Buyer's Agent
Patti Stoddard
Perrella & Associates
List Price
$139,500
Sold Price
$139,000
Premium/Discount to List
-$500
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Outstanding Balance
$125,042
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$42,459

Purchase Details

Listed on
Feb 20, 2022
Closed on
Feb 21, 2022
Sold by
Vincent Panichi Peter
Bought by
Panichi Paul
Seller's Agent
Robert Valentini
Perrella & Associates
Buyer's Agent
Patti Stoddard
Perrella & Associates
List Price
$139,500
Sold Price
$139,000
Premium/Discount to List
-$500
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Outstanding Balance
$125,042
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$42,459

Purchase Details

Closed on
Apr 26, 2002
Sold by
Panichi Peter V and Panichi Ruby P
Bought by
Panichi Paul and Panichi Mary Beth

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
Nelson Monty A $142,030 Sellman Title
Panichi Paul -- --
Panichi Paul -- --
Panichi Paul -- --
Panichi Paul -- --
Panichi Paul -- --
Panichi Mary Beth $500 None Listed On Document
Panichi Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Monty A $132,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $139,000 -0.4% $119 / Sq Ft
02/20/2022 02/20/22 For Sale $139,500 -- $119 / Sq Ft
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
2023 $1,298 $139,200 $13,900 $125,300
2022 $1,114 $124,700 $13,200 $111,500
2021 $860 $105,500 $13,200 $92,300
2020 $850 $92,700 $13,200 $79,500
2019 $968 $92,700 $13,200 $79,500
2018 $882 $100,200 $13,200 $87,000
2017 $820 $96,400 $16,800 $79,600
2016 $864 $94,300 $16,700 $77,600
2015 $869 $69,700 $11,900 $57,800
2014 $869 $69,700 $11,900 $57,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 142875

Range Association of REALTORS®

APN: 140007500200