NOT LISTED FOR SALE

2922 4th Ave E Hibbing, MN 55746

Hibbing Area
3 Beds
2 Baths
1,838 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: July 30, 2019

Last sale price $76,400 $42 Per Sq Ft

5 Days on Market

Highlights

  • Laundry in Utility Room
  • Washer and Dryer
  • 2-minute walk to Bennett Park

About This Home

As of July 2019

Are you looking for your next property or income property? This house is currently used as a Duplex but could easily be converted back to a single family home. The stairway to the upper level is currently used as closet space. The main level features an updated kitchen and two bedrooms. The upper level is a one bedroom apartment. There is a large rec room with tile floors in the lower level. The den/4th bedroom is non egress in the lower level. Bathroom on every level of this home. Off street parking and shed for storage. There is many possibilities and potential with this property.

Last Agent to Sell the Property

Danielle Randa-Sauter

Northbound Realty LLC License #40555101 Listed on: 06/12/2019

Last Buyer's Agent

Matt Rengstorf

Perrella & Associates License #40752619

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1935

Lot Details

  • 6,098

Parking

  • Off-Site Parking

Home Design

  • 1,838 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Lot Dimensions are 125 x 50
  • Heating System Uses Gas

Community Details

Overview

  • 2 Units

Building Details

  • Utility Expense $300
  • Gross Income $1,350
  • Net Operating Income $775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,662

Year Built

Built in 1935

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Percent Of Bsmnt Finished: 75
  • Real Estate Tax: 1662
  • Type: Duplex
  • Year Built: 1935
  • Inclusions: 2 Fridges,Dishwasher,2 Stoves,Washer,Dryer
  • Lot Size Length: 125
  • Lot Size Width: 50
  • Utilities Expenses: 300
  • Laundry Storage: Inside Utility, Washer/Dryer
  • Net Income: 775
  • Projected Income: 1350
  • Rent: Month To Month
  • Total Expense: 500
  • Total Income: 1275
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 1838
  • Basement: Block, Full

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Parking: Off Site Parking

Utilities

  • Utilities: City Sewer, City Water
  • Heating: Gas, Forced Air

Fee Information

  • Rent Income: 1275

Lot Info

  • Zoning: Res

Rental Info

  • Actual Income: 1275

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 1662

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
Jun 12, 2019
Closed on
Jul 30, 2019
Sold by
Bought by
Seller's Agent
Danielle Randa-Sauter
Northbound Realty LLC
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$74,900
Sold Price
$76,400
Premium/Discount to List
$1,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,016
Outstanding Balance
$65,418
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,480
Interest Rate
5.66%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$76,400 Sellman Title Company Llc
$70,600 Consolidated Title & Abstrac
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 $75,016
Previous Owner $49,600
Previous Owner $28,000
Previous Owner $56,480
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
07/30/2019 07/30/19 Sold $76,400 +2.0% $42 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $74,900 -- $41 / Sq Ft
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 $992 $112,900 $10,900 $102,000
2023 $738 $112,900 $10,900 $102,000
2022 $778 $105,300 $10,400 $94,900
2021 $648 $88,300 $10,400 $77,900
2020 $640 $81,800 $10,400 $71,400
2019 $1,662 $81,800 $10,400 $71,400
2018 $1,216 $78,400 $10,900 $67,500
2017 $1,246 $58,100 $13,300 $44,800
2016 $1,216 $60,700 $13,500 $47,200
2015 $1,175 $60,700 $13,500 $47,200
2014 $1,175 $58,300 $13,500 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 137441

Range Association of REALTORS®

APN: 140-0250-00790

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