$75,000
SOLD MAY 12, 2025

2318 3rd Ave W Hibbing, MN 55746

2 Beds
2 Baths
1,130 Sq Ft
0.7 Acres

Recently Sold

$66 Per Sq Ft

18% Above List Price

1 Day on Market

Highlights

  • 0.7 Acre Lot
  • 1 Car Detached Garage
  • Baseboard Heating
  • Deck

About This Home

As of May 2025

Nice little house for the money! 2 BR 1.75 BA home with a single stall detached garage. Good yard space with extra off-street parking. Main floor features both bedrooms / a full bath / open floor plan living room to dining room / and a good-sized kitchen with a pantry. Upstairs has potential office space! Downstairs has plenty of storage / a .75 bath / natural gas boiler heat / and 100amp breaker electrical. Hard to find homes in this price range these days! Come take a look!

Last Agent to Sell the Property

Joe Jump

Johnson Hometown Realty License #40895304 Listed on: 04/15/2025

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1925

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 1,130 Sq Ft Home
  • 1.5-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater

Additional Features

  • Deck
  • 0.7 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 140-0200-02210

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,234

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Baseboard
  • Lower Level Bathrooms: .75
  • Lvt Date: 04/15/2025
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 140-0200-02210
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 10
  • Real Estate Tax: 1234
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 1045
  • Type: Residential
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1130
  • Bedroom 1: Size: 11.8x8.11, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Refrigerator
  • Basement: Full, Poured, Rock
  • Bedroom 2: Size: 14x8.10, On Level: Main
  • Dining Room: Size: 11.7x11.4, On Level: Main
  • Kitchen: Size: 11.8x10, On Level: Main
  • Living Room: Size: 11.7x12.7, On Level: Main
  • Lower Level Sq Ft: 847
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 847
  • Rec Room: Size: 14x9, On Level: Lower
  • Upper Level Sq Ft: 198

Exterior Features

  • Exterior: Aluminum, Hard Board
  • Roof: Shingle

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 10x22

Utilities

  • Utilities: City Water, City Sewer, Gas
  • Water Heater: Electric

Schools

  • School District: Hibbing #701

Lot Info

  • Lot Size: Dimensions: 125x25
  • Number Of Acres: 0.7
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
May 12, 2025
Sold by
Northern Opportunities Llc
Bought by
Moore Kevin Eugene
Seller's Agent
Joe Jump
Johnson Hometown Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$63,500
Sold Price
$75,000
Premium/Discount to List
$11,500
18.11%
Views
68
Current Estimated Value
$76,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,448
Avg. Annual Appreciation
5.62%
Original Mortgage
$72,496
Outstanding Balance
$72,368
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$4,080

Purchase Details

Closed on
Aug 19, 2021
Sold by
Novoselac Joan M and Novoselac Dennis J
Bought by
Northern Opportunities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2009
Sold by
Novoselac Joan M and Novoselac Dennis J
Bought by
Ronchetti Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2002
Sold by
Hud
Bought by
Churack Amy J and Novoselac Joan M

Purchase Details

Closed on
Mar 20, 2002
Sold by
Minnesota Housing Finance Agency
Bought by
Hud

Purchase Details

Closed on
Jan 8, 2002
Sold by
Launderville Michael P
Bought by
Minnesota Housing Finance Agency
Source: Public Records

Range of Values:

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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
Warranty Deed $75,000 First American Title
Warranty Deed $50,000 Sellman Title Company Llc
Contract Of Sale $45,000 None Available
Quit Claim Deed -- None Available
Limited Warranty Deed -- Universal Title
Limited Warranty Deed -- --
Trustee Deed $38,846 --
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,496 FHA
Previous Owner $40,000 Commercial
Previous Owner $42,000 Seller Take Back
Closed $45,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $75,000 0.0% $66 / Sq Ft
04/24/2025 04/24/25 Price Changed $75,000 +18.1% $66 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $63,500 -9.3% $56 / Sq Ft
09/18/2020 09/18/20 Sold $70,000 -12.4% $35 / Sq Ft
11/06/2019 11/06/19 For Sale $79,900 -- $40 / 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
2023 $1,234 $72,700 $7,300 $65,400
2022 $902 $56,300 $6,600 $49,700
2021 $832 $50,200 $6,600 $43,600
2020 $824 $46,700 $6,600 $40,100
2019 $788 $46,700 $6,600 $40,100
2018 $778 $45,700 $10,800 $34,900
2017 $722 $45,700 $10,800 $34,900
2016 $810 $43,200 $10,400 $32,800
2015 $753 $51,800 $11,000 $40,800
2014 $753 $45,900 $11,000 $34,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Jump

    Seller's Agent in 2025

    Joe Jump

    Johnson Hometown Realty

    (218) 263-4411

    77 in this area

    213 Total Sales

    Joe Jump
    Section Image

  • M

    Buyer's Agent in 2025

    Member Non

    NON-MEMBER

  • Greg Perrella

    Seller's Agent in 2020

    Greg Perrella

    Perrella & Associates

    (218) 295-2240

    62 in this area

    119 Total Sales

    Greg Perrella
    Section Image

  • K

    Buyer's Agent in 2020

    Kathy Edmonds

    Perrella & Associates

    (218) 969-2871

    33 in this area

    74 Total Sales

    Kathy Edmonds
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 148153

Range Association of REALTORS®

APN: 140020002210

Minnesota St Louis County Hibbing 55746

2318 3rd Ave W, Hibbing, MN

This home is located at 2318 3rd Ave W, Hibbing, MN 55746 and is currently priced at $75,000, approximately $66 per square foot. This property was built in 1925. 2318 3rd Ave W is a home located in St. Louis County with nearby schools including Lincoln Elementary School, Washington Elementary School, and Hibbing High School.

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.

Range Association of REALTORS® 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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