2505 2nd Ave W Hibbing, MN 55746
Estimated Value: $256,000 - $342,249
4
Beds
3
Baths
2,567
Sq Ft
$112/Sq Ft
Est. Value
About This Home
As of March 20214 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
Johnson Hometown Realty License #40548574 Listed on: 03/13/2021
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,312
Avg. Annual Appreciation
1.54%
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
Similar Homes in Hibbing, MN
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Home Values in the Area
Average Home Value in this Area
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% | $112 / Sq Ft |
| 03/10/2021 03/10/21 | Sold | $270,000 | +12.5% | $105 / Sq Ft |
| 03/06/2019 03/06/19 | Sold | $240,000 | -5.8% | $87 / Sq Ft |
| 01/22/2019 01/22/19 | Pending | -- | -- | -- |
| 06/12/2018 06/12/18 | Price Changed | $254,900 | -5.4% | $92 / Sq Ft |
| 09/19/2017 09/19/17 | For Sale | $269,500 | -- | $97 / Sq Ft |
Source: Range Association of REALTORS®
Tax History Compared to Growth
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
120 in this area
213 Total Sales
-
Seller's Agent in 2019
Joan Cotton
Mirabella Realty
(218) 969-1382
-
Jill Barrett
Buyer's Agent in 2019
Jill Barrett
Johnson Hometown Realty
(218) 969-5780
55 in this area
113 Total Sales
Map
Source: Range Association of REALTORS®
MLS Number: 140904
APN: 140010500660
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