NOT LISTED FOR SALE

2 Torma Rd Esko, MN 55733

Estimated Value: $373,000 - $458,000

5 Beds
2 Baths
1,920 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $156,000 $81 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,484/month

8 Days on Market

Highlights

  • 4 Car Detached Garage
  • Winterquist Elementary School Rated A-
  • Wood Burning Fireplace

About This Home

As of December 2020

This is a perfect handyman special. Opportunity to build sweat equity in a large home with desirable location. 4 car detached garage, sheds, built-in sauna and space in split lower levels for extra bedrooms, family room, recreation or extra storage space. Personal property on site is apart of the sale. Property is sold as-is.

Last Agent to Sell the Property

Michael Schraepfer

Heirloom Realty, LLC Listed on: 09/24/2020

Last Buyer's Agent

Ron Hanger

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,697

Year Built

  • Built in 1976

Lot Details

  • 1 Acre Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Concrete Fiber Board Siding
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 78-020-6472

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,697

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: I35 from Duluth South to Thompson Road Exit. West on Hwy 61 to Torma Rd. Left on Torma Road. First address on right hand side.
  • L O1 Office Phone1 Number: 218-390-4317
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1440
  • Below Grade Finished Sq Ft: 480
  • Garage Type: Detached
  • Heat: Boiler, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: No
  • TotalBedrooms: 5
  • Year Built: 1976
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1920

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Fiber Board, Composition

Garage/Parking

  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: Private

Schools

  • Junior High Dist: Esko #99

Lot Info

  • Estimated Lot Dimensions: unknown
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 78-020-6472

Tax Info

  • Tax Amount: 2697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 24, 2020
Sold by
Olson Karen J
Bought by
Olson Karen J
Seller's Agent
Michael Schraepfer
Heirloom Realty, LLC
Buyer's Agent
Ron Hanger
RE/MAX Results
List Price
$156,000
Sold Price
$156,000
Current Estimated Value
$414,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,654
Avg. Annual Appreciation
21.04%
Original Mortgage
$117,000
Outstanding Balance
$96,626
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$318,028

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 11, 2020
Sold by
Olson Elmer R Est
Bought by
Smith Neil A
Seller's Agent
Michael Schraepfer
Heirloom Realty, LLC
Buyer's Agent
Ron Hanger
RE/MAX Results
List Price
$156,000
Sold Price
$156,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$96,626
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$318,028
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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Purchase History

Date Buyer Sale Price Title Company
Olson Karen J -- None Available
Smith Neil A $156,000 None Available
Smith Neil Neil $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Neil A $117,000
Closed Smith Neil Neil $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $156,000 0.0% $81 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $156,000 -- $81 / Sq Ft
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
2024 $3,788 $339,800 $56,100 $283,700
2023 $2,984 $258,200 $54,400 $203,800
2022 $2,910 $258,200 $54,400 $203,800
2021 $2,768 $201,700 $39,100 $162,600
2020 $2,740 $205,700 $38,400 $167,300
2019 $3,000 $191,100 $38,400 $152,700
2018 $2,420 $191,100 $38,400 $152,700
2017 $2,460 $175,600 $38,400 $137,200
2016 $2,672 $170,300 $38,400 $131,900
2015 $2,646 $165,200 $34,200 $131,000
2014 -- $157,000 $33,400 $123,600
2013 -- $148,900 $32,600 $116,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Schraepfer

    Heirloom Realty, LLC

    (218) 390-4317

    27 Total Sales

    Michael Schraepfer
    Section Image

  • R

    Buyer's Agent in 2020

    Ron Hanger

    RE/MAX

    (218) 349-4040

    115 Total Sales

    Ron Hanger
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093278

APN: 78-020-6472

Minnesota Carlton County Esko 55733

2 Torma Rd, Esko, MN

Not Listed for Sale

Detached

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