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

Range of Values:

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Value Increase
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Percent Increase
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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

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Renskers

    Seller's Agent in 2020

    Josh Renskers

    Village Realty

    (218) 969-8901

    26 in this area

    43 Total Sales

    Josh Renskers
    Section Image

  • J

    Buyer's Agent in 2020

    Jason Sheiman

    Grand Properties Real Estate

    (218) 244-0812

    12 in this area

    96 Total Sales

    Jason Sheiman
    Section Image

  • S

    Seller's Agent in 2012

    Steve Lindberg

    Cattail Realty LLC

    (218) 780-4425

    3 Total Sales

    Steve Lindberg
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 139899

Range Association of REALTORS®
Minnesota St Louis County Hibbing 55746

2023 7th Ave E, Hibbing, MN

Not Listed for Sale

MultiFamily

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