$70,000
SOLD SEP 18, 2020

2318 3rd Ave W Hibbing, MN 55746

4 Beds
3 Baths
2,006 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

12% Below List Price

194 Days on Market

About This Home

As of May 2025

Great family home / Maintenance free siding / Newer roof and windows / Basement bedroom has an egress window / 1 bedroom garage apartment to help make those house payments or guest quarters.

Last Agent to Sell the Property

Greg Perrella

Perrella & Associates License #91811 Listed on: 11/06/2019

Last Buyer's Agent

Kathy Edmonds

Perrella & Associates License #89987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 140-0200-02530

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Steam, Radiator
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 11/06/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 140-0200-02530
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 1398
  • Style: 2 Story
  • Total Above Grade Sq Ft: 1485
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2006
  • Bedroom 1: Size: 10.2x13.3, On Level: Main
  • Total Bathrooms: 3
  • Basement: Block
  • Bedroom 2: Size: 13.3x13.4, On Level: Main
  • Bedroom 3: Size: 13x14.3, On Level: Upper
  • Dining Room: Size: 9x12, On Level: Main
  • Kitchen: Size: 9.6x12.4, On Level: Main
  • Living Room: Size: 13x17.4, On Level: Main
  • Lower Level Sq Ft: 1041
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1053
  • Other Room 2: Bedroom, Size: 9.3x13.10, On Level: Upper
  • Other Room 3: Bedroom, Size: 12.6x20, On Level: Lower
  • Rec Room: Size: 13x23, On Level: Lower
  • Upper Level Sq Ft: 432

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 21.5x25

Utilities

  • Utilities: City Water, City Sewer

Schools

  • School District: Hibbing #701

Lot Info

  • Lot Size: Dimensions: 125x50
  • Number Of Acres: 0.14
  • Zoning: R

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
$74,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$531
Avg. Annual Appreciation
-2.86%
Original Mortgage
$72,496
Outstanding Balance
$72,496
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$1,769

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

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Map

Source: Range Association of REALTORS®

MLS Number: 138591

Range Association of REALTORS®

APN: 140020002210