NOT LISTED FOR SALE

302 8th Ave N Biwabik, MN 55708

Estimated Value: $137,000 - $147,351

3 Beds
1 Bath
912 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $125,000 $137 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $792/month

195 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

Check out this great 2+ bedroom, 1 bath home with 2 stall garage in Biwabik, MN! This home features main floor living with two nice sized bedrooms, laundry room, comfortable kitchen, and living room. There are gorgeous hardwood floors throughout the main living areas of the home and loads of natural light. Need a third bedroom? Move the laundry units back to the basement! There is plenty of room in the basement and great opportunity to finish to your heart's desires or utilize the workbench and storage shelves. Don't miss out on this wonderful home! It is not far from the town grocery store, restaurants, Aurora, and Virginia is only 20 minutes away! For a personal tour, call today!

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 06/16/2023

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $870

Year Built

  • Built in 1954

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 125x50

Parking

  • 2 Car Garage

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Cincinnatti Biwabik Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015004301340

Home Details

Home Type

Single Family

Est. Annual Taxes

$870

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 912
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 38x24
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Appliances: Dryer, Range, Washer
  • Living Area: 912
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 624

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mesabi East
  • SchoolDistrictNumber: 2711
  • SchoolDistrictPhone: 218-229-3321

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125x50
  • Lot Size Sq Ft: 6229.08
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 015004301340
  • Tax Annual Amount: 870
  • TaxWithAssessments: 870.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Dec 29, 2023
Sold by
Bergan Timothy and Bergan Darlene
Bought by
Olson Brandon
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$147,000
Sold Price
$125,000
Premium/Discount to List
-$22,000
-14.97%
Views
263
Current Estimated Value
$141,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,338
Avg. Annual Appreciation
7.14%
Original Mortgage
$125,000
Outstanding Balance
$123,007
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$18,331

Purchase Details

Closed on
May 9, 2001
Sold by
Bergan Kathleen M and Bergan Kathleen
Bought by
Bergan Patrick L and Bergan Timothy J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Olson Brandon $125,000 --
Bergan Patrick L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Brandon $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $125,000 -6.6% $137 / Sq Ft
09/01/2023 09/01/23 Price Changed $133,900 -4.3% $147 / Sq Ft
07/07/2023 07/07/23 Price Changed $139,900 -4.8% $153 / Sq Ft
06/16/2023 06/16/23 For Sale $147,000 -- $161 / Sq Ft
Source: NorthstarMLS

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 $534 $99,900 $6,900 $93,000
2022 $714 $83,200 $6,300 $76,900
2021 $610 $64,500 $5,500 $59,000
2020 $614 $64,500 $5,500 $59,000
2019 $564 $64,500 $5,500 $59,000
2018 $538 $64,500 $5,500 $59,000
2017 $472 $67,000 $6,200 $60,800
2016 $376 $62,900 $6,200 $56,700
2015 $328 $35,000 $3,400 $31,600
2014 $328 $35,000 $3,400 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6388528

NorthstarMLS

APN: 015004301340