Josie Strong
RE/MAX Results
(763) 363-5802
111 Total Sales
2 in Hibbing
$172,000 Price Range
1918 4th Ave E Hibbing, MN 55746
Hibbing Area
10
Beds
5
Baths
14,319
Sq Ft
1940
Built
About This Home
As of July 2022Great investment property with excellent cash flow! 10 residential units & 3 commercial units. Convenient downtown location. Take advantage of the extremely strong rental demand in the area!
Last Agent to Sell the Property
Perrella & Associates License #40752619 Listed on: 05/20/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,256
Year Built
- Built in 1940
Home Design
- 14,319 Sq Ft Home
Additional Features
- Lot Dimensions are 125 x 75.5
- Heating System Uses Steam
Community Details
Overview
- 13 Units
Building Details
- Insurance Expense $3,894
- Utility Expense $34,928
- Gross Income $10,535
- Net Operating Income $43,042
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2022
Closed on
Jul 27, 2022
Sold by
Bought by
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 14, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,888
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 5, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.13%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hibbing, MN
-
Josie Strong
-
Mark Sams
Mark Sams
RE/MAX Results Duluth
(218) 514-5070
54 Total Sales
1 in Hibbing
$45,000 Price
-
Andy Zahorsky
Andy Zahorsky
Mirabella Realty
(218) 403-2497
96 Total Sales
54 in Hibbing
$60K - $725K Price Range
-
Tracey Tellor
Tracey Tellor
Tellor Realty LLC
(218) 506-6382
118 Total Sales
1 in Hibbing
$160,000 Price
-
Sean McDonald
Sean McDonald
RE/MAX Results - Longville
(218) 220-2236
109 Total Sales
12 in Hibbing
$55K - $233K Price Range
-
Kimberly Culbert-Blaeser
Kimberly Culbert-Blaeser
Culbert Realty
(218) 748-1164
197 Total Sales
4 in Hibbing
$148K - $174K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $190,000 | Trenti Law Firm | ||
| -- | Attorney | ||
| $156,500 | -- | ||
| $60,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $240,000 | ||
| Closed | $38,250 | ||
| Open | $477,000 | ||
| Closed | $152,000 | ||
| Previous Owner | $88,888 | ||
| Previous Owner | $75,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2022 07/27/22 | Sold | $190,000 | +0.1% | $13 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $189,900 | -- | $13 / Sq Ft |
Source: Range Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,038 | $80,600 | $19,700 | $60,900 |
| 2023 | $1,780 | $81,900 | $19,700 | $62,200 |
| 2022 | $1,752 | $81,900 | $19,700 | $62,200 |
| 2021 | $2,048 | $81,900 | $19,700 | $62,200 |
| 2020 | $2,008 | $81,900 | $19,700 | $62,200 |
| 2019 | $1,962 | $82,300 | $19,600 | $62,700 |
| 2018 | $1,942 | $82,300 | $19,600 | $62,700 |
| 2017 | $2,258 | $82,500 | $19,800 | $62,700 |
| 2016 | $2,246 | $82,500 | $19,800 | $62,700 |
| 2015 | -- | $107,000 | $21,500 | $85,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Rengstorf
Seller's Agent in 2022
Matt Rengstorf
Perrella & Associates
(218) 295-2240
398 Total Sales
Map
Source: Range Association of REALTORS®
MLS Number: 143360
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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