NOT LISTED FOR SALE

2023 7th Ave E Hibbing, MN 55746

4 Beds
3 Baths
2,455 Sq Ft
1921 Built

Last Sold August 20, 2020

Last sale price $45,000 $18 Per Sq Ft

3 Days on Market

About This Home

As of August 2020

Solid triplex in great location! Walking distance to schools and downtown.

Last Agent to Sell the Property

Josh Renskers

Village Realty License #20388696 Listed on: 07/20/2020

Last Buyer's Agent

Jason Sheiman

Grand Properties Real Estate License #20564640

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,455 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 125 x 50
  • Heating System Uses Steam

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,000
  • Utility Expense $3,994
  • Gross Income $18,300
  • Net Operating Income $12,022

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Lvt Date: 07/20/2020
  • Percent Of Bsmnt Finished: 80
  • Real Estate Tax: 1506
  • Type: Triplex
  • Year Built: 1921
  • Lot Size Length: 125
  • Lot Size Width: 50
  • Utilities Expenses: 3994
  • Insurance Expenses: 1000
  • Net Income: 12022
  • Projected Income: 18300
  • Rent: Month To Month
  • Total Expense: 6278
  • Total Income: 18300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2455
  • Basement: Full

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking: Parking Area

Utilities

  • Utilities: City Sewer, City Water, Steam
  • Heating: Steam

Fee Information

  • Rent Income: 18300

Lot Info

  • Zoning: Res

Rental Info

  • Actual Income: 18300

Multi Family

  • Number Of Units: 3

Tax Info

  • Taxes: 1284
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $45,000 -9.8% $18 / Sq Ft
07/20/2020 07/20/20 For Sale $49,900 -14.0% $20 / Sq Ft
07/20/2012 07/20/12 Sold $58,000 -- $21 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
Source: Range Association of REALTORS®

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 $2,122 $108,200 $10,600 $97,600
2023 $2,122 $103,500 $10,400 $93,100
2022 $1,656 $88,500 $10,400 $78,100
2021 $1,522 $74,600 $10,400 $64,200
2020 $1,506 $69,300 $10,400 $58,900
2019 $1,300 $69,300 $10,400 $58,900
2018 $1,284 $61,300 $13,300 $48,000
2017 $1,314 $61,300 $13,300 $48,000
2016 $1,284 $64,100 $13,500 $50,600
2015 $1,240 $64,100 $13,500 $50,600
2014 $1,240 $61,500 $13,500 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 139899

Range Association of REALTORS®