NOT LISTED FOR SALE

2401 4th Ave E Hibbing, MN 55746

5 Beds
3 Baths
2,352 Sq Ft
1920 Built

Sale Details

Date 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jun 22, 2021
Sold by
Bought by
Seller's Agent
Danielle Randa-Sauter
Northbound Realty LLC
Buyer's Agent
Stuart Johansen
Northland Realty
List Price
$88,500
Sold Price
$88,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.029%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 30, 2018
Sold by
Bought by
Seller's Agent
Randy Yuhala
Trademark Realty LLC
Buyer's Agent
Randy Yuhala
Trademark Realty LLC
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.94%
Original Mortgage
$41,200
Interest Rate
0.047%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$88,500 Northwest Title
$40,000 Sellman Title Company Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $100,000
Closed $41,200
Closed $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,396 $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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