Buyer's Agent in 2022
Michael Nelson
Green Door Group
(612) 636-3507
1 in this area
46 Total Sales
2701 4th Ave E Hibbing, MN 55746
Estimated Value: $142,000 - $158,000
4
Beds
4
Baths
2,064
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Corner Lot
- Heating System Uses Steam
- Coin Laundry
About This Home
As of November 2022Amazing investment opportunity! This property will cash-flow, or, owner occupy one unit and have the rental income offset expenses! Excellent rental history, in the busy, bustling town of Hibbing! Close to parks, schools, Hibbing College Campus, and the bike trails that run all the way from Grand Rapids to Ely! (Just 4 blocks from Bob Dylan's childhood home!) Located right on the bus line for easy and inexpensive commute to work, shopping, schools, and medical facilities. Opportunities like this don't come by often, so don't miss out! Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,246
Year Built
- Built in 1922
Lot Details
- Lot Dimensions are 25x125x25x125
- Chain Link Fence
- Corner Lot
Parking
- 2 Car Garage
- On-Street Parking
Home Design
- Quadruplex
- Metal Roof
Interior Spaces
- 2,064 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Shared Basement
- Stone or Rock in Basement
- Basement Storage
Utilities
- Heating System Uses Steam
- 100 Amp Service
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for electricity, fuel, insurance, grounds care, repairs, snow removal, taxes, trash collection, water
- Assessor Parcel Number 140013004700
Community Details
Overview
- 4 Units
- Koskiville Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 18, 2024
Sold by
Nelson Bridget and Nelson Michael Richard
Bought by
An Homes Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Outstanding Balance
$101,342
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$51,418
Purchase Details
Listed on
Jul 26, 2022
Closed on
Nov 7, 2022
Sold by
Anderson Carrie A and Anderson Darrell D
Bought by
Nelson Bridget and Nelson Michael Richard
Buyer's Agent
Michael Nelson
Green Door Group
List Price
$185,000
Sold Price
$140,000
Premium/Discount to List
-$45,000
-24.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$103,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 2005
Sold by
Creative Real Estate Inc
Bought by
Anderson Carrie A and Green Carrie A
Purchase Details
Closed on
Sep 18, 2002
Sold by
Coschignano Carmina and Coschignano Nun
Bought by
Coschignano Nun and Coschignano Angeline
Purchase Details
Closed on
Jun 23, 2000
Sold by
Coschignano Edith E
Bought by
Creative Real Estate Inc
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| An Homes Llc | $500 | First American Title | |
| Nelson Bridget | $140,000 | Titlesmart | |
| Anderson Carrie A | $28,500 | -- | |
| Coschignano Nun | -- | -- | |
| Creative Real Estate Inc | $17,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | An Homes Llc | $118,400 | |
| Previous Owner | Nelson Bridget | $103,500 | |
| Previous Owner | Anderson Darrell D | $51,730 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $140,000 | -24.3% | $68 / Sq Ft |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | For Sale | $185,000 | -- | $90 / Sq Ft |
Source: NorthstarMLS
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 | $2,740 | $97,500 | $6,400 | $91,100 |
| 2022 | $1,458 | $82,900 | $6,400 | $76,500 |
| 2021 | $1,140 | $69,300 | $6,400 | $62,900 |
| 2020 | $1,130 | $64,000 | $6,400 | $57,600 |
| 2019 | $1,062 | $64,000 | $6,400 | $57,600 |
| 2018 | $1,048 | $61,500 | $8,200 | $53,300 |
| 2017 | $1,078 | $61,500 | $8,200 | $53,300 |
| 2016 | $1,052 | $64,500 | $8,300 | $56,200 |
| 2015 | $1,011 | $64,500 | $8,300 | $56,200 |
| 2014 | $1,011 | $61,600 | $8,300 | $53,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Nelson
-
Bridget Nelson
B
Buyer Co-Listing Agent in 2022
Bridget Nelson
Green Door Group
(612) 889-5495
1 in this area
6 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6237531
APN: 140013004700
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 2701 4th Ave E
- 2703 4th Ave E
- 2707 4th Ave E
- 315 E 27th St
- 2709 4th Ave E
- 2702 3rd Ave E
- 2627 4th Ave E
- 2706 3rd Ave E
- 2708 3rd Ave E
- 2630 3rd Ave E
- 2717 4th Ave E
- 2623 4th Ave E
- 2702 1/2 3rd Ave E
- 2626 3rd Ave E
- 2702 4th Ave E
- 2714 3rd Ave E
- 2706 4th Ave E
- 2630 4th Ave E
- 2624 3rd Ave E
- 2621 4th Ave E