NOT LISTED FOR SALE

2401 4th Ave E Hibbing, MN 55746

5 Beds
3 Baths
2,352 Sq Ft
1920 Built

Last Sold June 23, 2021

Last sale price $88,500 $38 Per Sq Ft

157 Days on Market

About This Home

As of June 2021

Income Property Opportunity! This triplex which has a long rental history currently has no vacancy. The back main floor unit has recently been updated with new flooring & paint. The triplex is walking distance to the high school. Coin operated laundry in the basement along with a storage closet if needed. Call today for your personal tour.

Last Agent to Sell the Property

Danielle Randa-Sauter

Northbound Realty LLC License #40555101 Listed on: 11/24/2020

Last Buyer's Agent

Stuart Johansen

Northland Realty License #40082401

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1920

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • Partial Basement
  • Washer and Dryer

Additional Features

  • Lot Dimensions are 86 x 25
  • Heating System Uses Steam

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,000
  • Utility Expense $6,000
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Real Estate Tax: 1450
  • Type: Triplex
  • Year Built: 1920
  • Inclusions: Coin Operated Washer & Dryer & All Appliances
  • Lot Size Length: 86
  • Lot Size Width: 25
  • Utilities Expenses: 6000
  • Insurance Expenses: 1000
  • Laundry Storage: Washer/Dryer
  • Projected Income: 25200
  • Rent: Month To Month, Six Month Lease
  • Repairs Maint Expenses: Vary
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2352
  • Basement: Partial, Poured

Exterior Features

  • Exterior: Steel
  • Roof: Metal

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Fee Information

  • Rent Income: 23400

Lot Info

  • Zoning: ResNH

Rental Info

  • Actual Income: 23400

Multi Family

  • Number Of Units: 3

Tax Info

  • Taxes: 1436
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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
06/23/2021 06/23/21 Sold $88,500 0.0% $38 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $88,500 +121.3% $38 / Sq Ft
10/30/2018 10/30/18 Sold $40,000 -27.3% $17 / Sq Ft View Prior Sale
08/15/2018 08/15/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $55,000 +37.5% $23 / Sq Ft
06/29/2018 06/29/18 Off Market $40,000 -- --
05/02/2018 05/02/18 Pending -- -- --
06/14/2017 06/14/17 For Sale $55,000 -- $23 / Sq Ft
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 $2,098 $107,000 $4,600 $102,400
2023 $2,098 $102,100 $4,500 $97,600
2022 $1,590 $86,200 $4,500 $81,700
2021 $1,450 $71,700 $4,500 $67,200
2020 $1,436 $66,100 $4,500 $61,600
2019 $976 $66,100 $4,500 $61,600
2018 $964 $46,000 $10,500 $35,500
2017 $984 $46,000 $10,500 $35,500
2016 $962 $48,000 $10,600 $37,400
2015 $929 $48,000 $10,600 $37,400
2014 $929 $46,100 $10,600 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 140586

Range Association of REALTORS®
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