$200,000
SOLD JAN 15, 2025

1942 E 28th St Hibbing, MN 55746

3 Beds
1 Bath
1,056 Sq Ft
7.5 Acres

Recently Sold

$189 Per Sq Ft

24% Below List Price

79 Days on Market

Highlights

  • 7.5 Acre Lot
  • 16 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Deck
  • 1-Story Property

About This Home

As of January 2025

If you want garages and privacy on 7 city lots in town, look no further. This is a one level home that needs significant updating, but it has some excellent amenities that you will never find in town. It has a heated 30x42 garage, a 30x72 pole building on a concrete floor, plus an additional 24x26 garage. It is totally private with security monitoring and at the end of a dead ended alley. The owner is in the process of abandoning the septic and connecting to the city sewer. The buyer backed out at the last minute due to a clouded title on one of the lots. It is being cleared up.

Last Agent to Sell the Property

Robert Valentini

Perrella & Associates License #20280177 Listed on: 09/19/2024

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1959

Lot Details

  • 7.5 Acre Lot
  • Irregular Lot

Parking

  • 16 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 140-270-591 /140-30-1290

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lvt Date: 09/19/2024
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 140-270-591 /140-30-1290
  • Patioporch: Deck
  • Real Estate Tax: 2474
  • Style: One Story
  • Type: Residential
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1056
  • Bedroom 1: Size: 10x12, On Level: Main
  • Total Bathrooms: 1
  • Basement: Full
  • Bedroom 2: Size: 10x12, On Level: Main
  • Bedroom 3: Size: 8x10, On Level: Main
  • Kitchen: Size: 12x13, On Level: Main
  • Living Room: Size: 12x21, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: workshop, Size: 20x13, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 16
  • Garage Size: 30x42

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer

Lot Info

  • Lot Size: Dimensions: 700x500
  • Number Of Acres: 7.5
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Jan 17, 2025
Sold by
John A Perell Revocable Trust and Perell David
Bought by
Overas Peter J
Seller's Agent
Robert Valentini
Perrella & Associates
Buyer's Agent
Member Non
NON-MEMBER
List Price
$262,000
Sold Price
$200,000
Premium/Discount to List
-$62,000
-23.66%
Views
126
Current Estimated Value
$212,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,905
Avg. Annual Appreciation
6.66%
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 Type Sale Price Title Company
Deed $200,000 On Site Title
Deed $200,000 On Site Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $200,000 -16.3% $189 / Sq Ft
11/21/2024 11/21/24 Price Changed $239,000 -4.0% $226 / Sq Ft
10/01/2024 10/01/24 Price Changed $249,000 -5.0% $236 / Sq Ft
09/19/2024 09/19/24 For Sale $262,000 -- $248 / 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
2024 $2,484 $214,100 $21,500 $192,600
2023 $2,484 $202,300 $21,500 $180,800
2022 $1,790 $165,000 $20,700 $144,300
2021 $1,556 $140,100 $20,700 $119,400
2020 $1,538 $128,600 $20,700 $107,900
2019 $1,654 $128,600 $20,700 $107,900
2018 $1,418 $136,800 $20,700 $116,100
2017 $1,382 $125,300 $20,900 $104,400
2016 $1,234 $125,300 $20,900 $104,400
2015 $1,086 $92,500 $16,100 $76,400
2014 $1,086 $83,000 $19,900 $63,100
Source: Public Records

Agents Affiliated with this Home

  • Robert Valentini

    Seller's Agent in 2025

    Robert Valentini

    Perrella & Associates

    (218) 969-5199

    28 in this area

    58 Total Sales

    Robert Valentini
    Section Image

  • M

    Buyer's Agent in 2025

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 147487

Range Association of REALTORS®

APN: 140027000591

Minnesota St Louis County Hibbing 55746

1942 E 28th St, Hibbing, MN

Sold

Detached

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