NOT LISTED FOR SALE

2932 1/2 1st Ave Hibbing, MN 55746

Estimated Value: $63,000 - $103,000

3 Beds
2 Baths
1,257 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $50,000 $40 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $566/month

49 Days on Market

About This Home

As of December 2021

Cute, cozy, comfortable spacious 3 bedroom home. Large rooms, formal dining room, and 2 stall garage. Partially fenced yard, large screened in porch, gas heat, and well maintained property! Priced to Sell.

Last Agent to Sell the Property

Marcy Johnson

Johnson Hometown Realty License #40548574 Listed on: 10/05/2021

Co-Listed By

Wayne Johnson

Johnson Hometown Realty License #90273

Last Buyer's Agent

Darin Thornton

1ST Realty Rangewide Inc License #40367431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Dec 10, 2021
Sold by
Ann Gustafson Sharon
Bought by
Lundquist Holdings Llc
Seller's Agent
Marcy Johnson
Johnson Hometown Realty
Buyer's Agent
Darin Thornton
1ST Realty Rangewide Inc
List Price
$72,500
Sold Price
$50,000
Premium/Discount to List
-$22,500
-31.03%
Current Estimated Value
$84,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,518
Avg. Annual Appreciation
17.75%
Original Mortgage
$37,500
Outstanding Balance
$13,152
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$75,436

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 24, 2021
Sold by
Lynn Bonderson Betsy and Lynn Daryl
Bought by
Gustafson Sharon Ann
Seller's Agent
Marcy Johnson
Johnson Hometown Realty
Buyer's Agent
Darin Thornton
1ST Realty Rangewide Inc
List Price
$72,500
Sold Price
$50,000
Premium/Discount to List
-$22,500
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Outstanding Balance
$13,152
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$75,436

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 22, 2021
Sold by
Gustafson Rex B
Bought by
Gustafson Sharon Ann
Seller's Agent
Marcy Johnson
Johnson Hometown Realty
Buyer's Agent
Darin Thornton
1ST Realty Rangewide Inc
List Price
$72,500
Sold Price
$50,000
Premium/Discount to List
-$22,500
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Outstanding Balance
$13,152
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$75,436

Purchase Details

Closed on
Sep 11, 2014
Sold by
Gustafson Sharon Ann
Bought by
Gustafson Rex B
Source: Public Records

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Range of Values:

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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
Lundquist Holdings Llc $13,939 None Listed On Document
Gustafson Sharon Ann $3,000 Sellman Title
Gustafson Sharon Ann $3,000 None Listed On Document
Gustafson Rex B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundquist Holdings Llc $37,500
Previous Owner Gustafson Sharon A $37,000
Previous Owner Gustafson Sharon A $49,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $50,000 -20.0% $40 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/23/2021 11/23/21 Price Changed $62,500 -8.8% $50 / Sq Ft
11/16/2021 11/16/21 Price Changed $68,500 -5.5% $54 / Sq Ft
10/05/2021 10/05/21 For Sale $72,500 -- $58 / 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 $1,144 $68,300 $9,200 $59,100
2022 $486 $84,800 $8,800 $76,000
2021 $426 $71,300 $8,800 $62,500
2020 $420 $66,100 $8,800 $57,300
2019 $378 $66,100 $8,800 $57,300
2018 $300 $63,400 $9,200 $54,200
2017 $314 $56,900 $10,900 $46,000
2016 $302 $59,500 $11,100 $48,400
2015 $280 $35,700 $6,700 $29,000
2014 $280 $34,300 $6,700 $27,600
Source: Public Records

Agents Affiliated with this Home

  • Marcy Johnson

    Seller's Agent in 2021

    Marcy Johnson

    Johnson Hometown Realty

    (218) 969-6574

    123 in this area

    216 Total Sales

    Marcy Johnson
    Section Image

  • W

    Seller Co-Listing Agent in 2021

    Wayne Johnson

    Johnson Hometown Realty

    (218) 969-6573

    111 in this area

    208 Total Sales

    Wayne Johnson
    Section Image

  • D

    Buyer's Agent in 2021

    Darin Thornton

    1ST Realty Rangewide Inc

    (218) 969-8191

    12 in this area

    22 Total Sales

    Darin Thornton
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 142443

Range Association of REALTORS®

APN: 140025000120

Minnesota St Louis County Hibbing 55746

2932 1/2 1st Ave, Hibbing, MN

This home is located at 2932 1/2 1st Ave, Hibbing, MN 55746 since 05 October 2021 and is currently estimated at $84,518, approximately $67 per square foot. This property was built in 1940. 2932 1/2 1st Ave 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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