NOT LISTED FOR SALE

2505 2nd Ave W Hibbing, MN 55746

Estimated Value: $259,000 - $333,000

4 Beds
3 Baths
4,486 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $270,000 $60 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,882/month

Highlights

  • Covered Patio or Porch
  • Central Air
  • Partially Fenced Property
  • 2 Car Detached Garage
  • Water Softener
  • Wood Burning Fireplace

About This Home

As of March 2021

4 BR/ 3 BA brick home on large corner lot. Newly converted central gas and air conditioning. Spacious rooms with 2 bedrooms, bath, and laundry all on the main level. High quality custom kitchen, formal dining room with built in hutch, original woodwork, hardwood flooring, fireplace and plenty of additional space up and finished rec room in lower level. 2 Car garage, open front porch and well maintained brick home!

Last Agent to Sell the Property

Marcy Johnson

Johnson Hometown Realty License #40548574 Listed on: 03/13/2021

Last Buyer's Agent

Marcy Johnson

Johnson Hometown Realty License #40548574 Listed on: 03/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1921

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,486 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 140-0105-00660

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,960

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 2
  • Lvt Date: 03/13/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 140-0105-00660
  • Patioporch: Patio, Porch, Covered
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 2960
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 2567
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 4486
  • Bedroom 1: Size: 13.6x12.7, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Electric Range, Garage Opener, Garbage Disposal, Hood, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Full, Poured
  • Bedroom 2: Size: 11.3x16, On Level: Upper
  • Bedroom 3: Size: 9x11, On Level: Upper
  • Dining Room: Size: 11.8x15.5, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 14x8.7, On Level: Main
  • Living Room: Size: 24x14, On Level: Main
  • Lower Level Sq Ft: 1919
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1919
  • Other Room 2: Non-Eg BR, Size: 15.5x11.3, On Level: Lower
  • Other Room 3: BR 4, Size: 12x12.7, On Level: Main
  • Rec Room: Size: 14.5x18.8, On Level: Lower
  • Upper Level Sq Ft: 648

Exterior Features

  • Exterior: Brick
  • Roof: Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24x24

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer, Gas
  • Water Heater: Gas

Schools

  • School District: Hibbing

Lot Info

  • Fencing: Partial
  • Lot Size: Dimensions: 125x90
  • Number Of Acres: 0.25
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Mar 10, 2021
Sold by
Smith Eric J and Smith Jennifer M
Bought by
Peterson Douglas A and Peterson Lynn M
Seller's Agent
Marcy Johnson
Johnson Hometown Realty
Buyer's Agent
Marcy Johnson
Johnson Hometown Realty
List Price
$287,500
Sold Price
$270,000
Premium/Discount to List
-$17,500
-6.09%
Current Estimated Value
$295,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,775
Avg. Annual Appreciation
1.46%
Original Mortgage
$190,000
Outstanding Balance
$172,246
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$116,066

Purchase Details

Listed on
Sep 19, 2017
Closed on
Mar 6, 2019
Sold by
Dougherty John B and Dougherty Mary Kay
Bought by
Smith Eric and Smith Jennifer
Seller's Agent
Joan Cotton
Mirabella Realty
Buyer's Agent
Jill Barrett
Johnson Hometown Realty
List Price
$269,500
Sold Price
$240,000
Premium/Discount to List
-$29,500
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$190,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Peterson Douglas A $270,000 All American Title
Smith Eric $240,000 Sellman Title Company Llc
Peterson Lynn Lynn $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Douglas A $190,000
Previous Owner Smith Eric $170,000
Previous Owner Smith Eric $190,000
Previous Owner Dougherty John B $121,000
Previous Owner Dougherty John B $140,000
Previous Owner Dougherty John B $25,000
Closed Peterson Lynn Lynn $182,661
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2021 03/13/21 For Sale $287,500 +6.5% $64 / Sq Ft
03/10/2021 03/10/21 Sold $270,000 +12.5% $60 / Sq Ft
03/06/2019 03/06/19 Sold $240,000 -5.8% $49 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
06/12/2018 06/12/18 Price Changed $254,900 -5.4% $52 / Sq Ft
09/19/2017 09/19/17 For Sale $269,500 -- $55 / 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 $3,834 $300,100 $17,300 $282,800
2022 $2,966 $268,600 $14,200 $254,400
2021 $2,960 $200,500 $14,200 $186,300
2020 $2,846 $201,400 $14,200 $187,200
2019 $2,460 $197,100 $14,200 $182,900
2018 $2,426 $180,000 $16,900 $163,100
2017 $2,328 $180,000 $16,900 $163,100
2016 $2,270 $177,700 $16,900 $160,800
2015 $2,464 $156,500 $14,900 $141,600
2014 $2,464 $167,600 $16,200 $151,400
Source: Public Records

Agents Affiliated with this Home

  • Marcy Johnson

    Seller's Agent in 2021

    Marcy Johnson

    Johnson Hometown Realty

    (218) 969-6574

    107 in this area

    183 Total Sales

    Marcy Johnson
    Section Image

  • J

    Seller's Agent in 2019

    Joan Cotton

    Mirabella Realty

    Section Image
  • Jill Barrett

    Buyer's Agent in 2019

    Jill Barrett

    Johnson Hometown Realty

    (218) 969-5780

    51 in this area

    104 Total Sales

    Jill Barrett
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 140904

Range Association of REALTORS®

APN: 140010500660

Minnesota St Louis County Hibbing 55746

2505 2nd Ave W, Hibbing, MN

This home is located at 2505 2nd Ave W, Hibbing, MN 55746 since 13 March 2021 and is currently estimated at $295,775, approximately $65 per square foot. This property was built in 1921. 2505 2nd Ave W is a home located in St. Louis County with nearby schools including Lincoln Elementary School, Washington Elementary School, and Hibbing High School.

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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