NOT LISTED FOR SALE

2420 7th Ave E Hibbing, MN 55746

Hibbing Area

Estimated Value: $93,000 - $172,000

3 Beds
2 Baths
1,496 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: February 8, 2022

Last sale price $129,000 $86 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $880 / mo

52 Days on Market

Highlights

  • Garage
  • Heating System Uses Steam
  • Washer and Dryer

About This Home

As of February 2022

Beautiful duplex located close to all the schools. The remodeled main floor unit offers 2 bedrooms a large open dining room living room area and a bright kitchen. The upper unit is a one bedroom with a nice main area and a very large bedroom. The outside of this home has beautiful gardens and landscaping. The large oversized one car garage and fresh paint complete this home. The options are endless for this property, live in one units rent out the other, rent out both units, this could also make an awesome Airbnb as the Dylan house is across the street.

Last Agent to Sell the Property

Brian Grzybowski

RE/MAX Professionals License #20345358 Listed on: 11/18/2021

RE/MAX Professionals

Last Buyer's Agent

Matt Rengstorf

Perrella & Associates License #40752619

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $314

Year Built

  • Built in 1935

Lot Details

  • 4,443

Parking

  • Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,496 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Additional Features

  • Lot Dimensions are 85 x 55
  • Heating System Uses Steam

Community Details

Overview

  • 2 Units

Building Details

  • Utility Expense $380
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$314

Year Built

Built in 1935

Lot Details

4,443 Sq Ft Lot

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Lvt Date: 11/18/2021
  • Percent Of Bsmnt Finished: 20
  • Real Estate Tax: 314
  • Type: Duplex
  • Year Built: 1935
  • Lot Size Length: 85
  • Lot Size Width: 55
  • Utilities Expenses: 380
  • Laundry Storage: Washer/Dryer
  • Projected Income: 18000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 1496
  • Basement: Full

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Garage/Parking

  • Parking: Parking Area, Garage

Utilities

  • Heating: Steam

Lot Info

  • Zoning: res

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 314

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 18, 2021
Closed on
Feb 10, 2022
Sold by
Nelson James T and Nelson Tiffany
Bought by
Seller's Agent
Brian Grzybowski
RE/MAX Professionals
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$124,900
Sold Price
$129,000
Premium/Discount to List
$4,100
3.28%
Current Estimated Value
$143,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,644
Avg. Annual Appreciation
2.38%
Original Mortgage
$126,663
Outstanding Balance
$115,573
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$28,071

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 10, 2016
Sold by
Waselk Carol J and Waselk Peter
Bought by
Nelson James T and Nelson Tiffany
Seller's Agent
Laurio Brown
1ST Realty Rangewide Inc
Buyer's Agent
Brian Grzybowski
RE/MAX Professionals
Sold Price
$49,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%
Original Mortgage
$48,602
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2015
Sold by
Marinac Robert D
Bought by
Waselk Carol J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hibbing, MN

  • Tracey Tellor Real Estate Agent - Tellor Realty LLC

    Tracey Tellor

    Tellor Realty LLC

    (218) 506-6382

    118 Total Sales

    1 in Hibbing

    $160,000 Price

    Tracey Tellor
     Section Image
  • Sean McDonald Real Estate Agent - RE/MAX Results - Longville

    Sean McDonald

    RE/MAX Results - Longville

    (218) 220-2236

    111 Total Sales

    12 in Hibbing

    $55K - $233K Price Range

    Sean McDonald
     Section Image
  • Kimberly Culbert-Blaeser Real Estate Agent - Culbert Realty

    Kimberly Culbert-Blaeser

    Culbert Realty

    (218) 748-1164

    198 Total Sales

    4 in Hibbing

    $148K - $174K Price Range

    Kimberly Culbert-Blaeser
     Section Image
  • Brian Fiskum Real Estate Agent - Home Buyers Realty Corp.

    Brian Fiskum

    Home Buyers Realty Corp.

    (877) 641-1305

    71 Total Sales

    1 in Hibbing

    $160,000 Price

    Brian Fiskum
     Section Image
  • Jim Snaza Real Estate Agent - Homes Plus Realty

    Jim Snaza

    Homes Plus Realty

    (612) 429-5408

    116 Total Sales

    1 in Hibbing

    $120,000 Price

    Jim Snaza
     Section Image
  • Cathy Beddoe Carlson Real Estate Agent - COLDWELL BANKER NORTHWOODS

    Cathy Beddoe Carlson

    Responds Quickly

    COLDWELL BANKER NORTHWOODS

    (218) 245-4502

    203 Total Sales

    1 in Hibbing

    $24,000 Price

    Cathy Beddoe Carlson
     Section Image
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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
$129,000 American Title
Nelson James T $49,500 All Am Title
Waselk Carol J $13,751 Attorney
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
Open $126,663
Previous Owner Nelson James T $48,602
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
02/08/2022 02/08/22 Sold $129,000 +3.3% $86 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $124,900 +152.3% $83 / Sq Ft
06/10/2016 06/10/16 Sold $49,500 -- $33 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
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 $1,108 $118,900 $9,000 $109,900
2023 $842 $83,800 $8,800 $75,000
2022 $364 $71,800 $8,800 $63,000
2021 $314 $60,500 $8,800 $51,700
2020 $310 $56,200 $8,800 $47,400
2019 $210 $56,200 $8,800 $47,400
2018 $204 $48,000 $12,400 $35,600
2017 $214 $48,000 $12,400 $35,600
2016 $816 $50,000 $12,600 $37,400
2015 $210 $30,000 $7,600 $22,400
2014 $77 $28,900 $7,600 $21,300
Source: Public Records

Agents Affiliated with this Home

  • BG

    Seller's Agent in 2022

    Brian Grzybowski

    RE/MAX

    Section Image
  • Matt Rengstorf Real Estate Agent - Perrella & Associates

    Buyer's Agent in 2022

    Matt Rengstorf

    Perrella & Associates

    (218) 295-2240

    397 Total Sales

    Matt Rengstorf
    Section Image

  • LB

    Seller's Agent in 2016

    Laurio Brown

    1ST Realty Rangewide Inc

    (218) 969-2133

    52 Total Sales

    Laurio Brown
    Section Image

  • LB

    Seller Co-Listing Agent in 2016

    Laureal Brown

    1ST Realty Rangewide Inc

    (218) 969-4932

    4 Total Sales

    Laureal Brown
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 142635

Range Association of REALTORS®

APN: 140009004620

Minnesota St Louis County Hibbing 55746

2420 7th Ave E, Hibbing, MN

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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