NOT LISTED FOR SALE

2325 Highway 3 Two Harbors, MN 55616

Estimated Value: $394,000 - $664,384

3 Beds
1.5 Baths
1,552 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $200,000 $129 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $3,220/month

67 Days on Market

Highlights

  • 60 Acre Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Recreation Room
  • Den
  • Views

About This Home

As of July 2012

Spectacular 60 acres with a nice mix of mature trees and field. Great locations throughout the property for animals or gardens. There is a shed in the back by the garden area. House is a very nice 3+ BR home with nice dining area combination with LR/Ki. Open basement with tall ceilings to finish even more space. It is a great combination of land and house with possibilities to make improvements on your investment!!!

Last Agent to Sell the Property

Sue Bott

RE/MAX Professionals - Two Harbors Listed on: 04/13/2012

RE/MAX Professionals - Two Harbors

Last Buyer's Agent

Melissa Wiita

Adolphson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1961

Lot Details

  • 60 Acre Lot
  • Lot Dimensions are 990 x 2680
  • Property fronts a county road

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Open Floorplan
  • Den
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Storage Shed

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 29-5310-04880

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North from TH on Hwy 61 2 miles. Left on Hwy 3 about 4 miles to house on Left
  • L O1 Office Phone1 Number: 218-834-5144
  • List Price/ Sq Ft: 128.87
  • Property Sub-Type: SF/Detached
  • Tax Year: 2012
  • Twp Number: 53
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1152
  • Below Grade Finished Sq Ft: 400
  • Garage Type: Detached
  • Heat: Baseboard, Wood, Oil, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1961
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1152
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: Lower
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1552
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County, Paved
  • Construction Status: Previously Owned
  • Exterior: Brick, Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2012-07-27
  • Estimated Lot Dimensions: 990 x 2680
  • Estimated Number of Acres: 60
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 29-5310-04880

Rental Info

  • Lease Terms: Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 1527.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2012
Closed on
Jul 27, 2012
Sold by
Dobson Dwight M and Dobson Edith M
Bought by
Wallace James P and Licence Sabrina A
Seller's Agent
Sue Bott
RE/MAX Professionals - Two Harbors
Buyer's Agent
Melissa Wiita
Adolphson Real Estate
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$561,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,096
Avg. Annual Appreciation
8.12%
Original Mortgage
$160,000
Outstanding Balance
$68,882
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$492,214
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Wallace James P $200,000 St Louis County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace James P $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $200,000 0.0% $129 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $200,000 -- $129 / 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
2025 $2,956 $630,600 $176,900 $453,700
2024 $1,749 $570,100 $133,200 $436,900
2023 $1,732 $478,700 $118,900 $359,800
2022 $1,613 $432,100 $91,600 $340,500
2021 $1,473 $239,100 $91,600 $147,500
2020 $1,442 $211,600 $115,400 $96,200
2019 $1,314 $199,800 $92,500 $107,300
2018 $1,364 $199,800 $92,500 $107,300
2017 $1,436 $201,100 $92,500 $108,600
2016 $1,189 $218,800 $110,200 $108,600
2015 $1,333 $191,300 $102,100 $89,200
2014 $1,333 $0 $0 $0
2013 $1,140 $0 $0 $0
2012 $1,527 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Bott

    Seller's Agent in 2012

    Sue Bott

    RE/MAX

    (218) 590-4013

    248 Total Sales

    Sue Bott
    Section Image
  • Melissa Wiita

    Buyer's Agent in 2012

    Melissa Wiita

    Adolphson Real Estate

    (218) 940-6633

    45 Total Sales

    Melissa Wiita
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6000512

APN: 29-5310-04880

Minnesota Lake County Two Harbors 55616

2325 Highway 3, Two Harbors, MN

This home is located at 2325 Highway 3, Two Harbors, MN 55616 since 13 April 2012 and is currently estimated at $561,096, approximately $361 per square foot. This property was built in 1961. 2325 Highway 3 is a home located in Lake County with nearby schools including Minnehaha Elementary School and Two Harbors Secondary.

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