2505 2nd Ave W Hibbing, MN 55746
4
Beds
3
Baths
4,486
Sq Ft
0.25
Acres
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 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
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
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
$34,541
Avg. Annual Appreciation
1.40%
Original Mortgage
$190,000
Outstanding Balance
$172,246
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$114,665
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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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | All American Title | |
| Warranty Deed | $240,000 | Sellman Title Company Llc | |
| Deed | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,000 | New Conventional | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $121,000 | New Conventional | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Closed | $182,661 | No Value Available |
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
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
119 in this area
211 Total Sales
-
J
Seller's Agent in 2019
Joan Cotton
Mirabella Realty
-
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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