$34,500
SOLD AUG 21, 2025

303 Elmwood Rd Hoyt Lakes, MN 55750

2 Beds
1 Bath
974 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

35% Below List Price

49 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • 1 Car Attached Garage

About This Home

As of August 2025

Great opportunity to buy this fixer upper built in 1956, located Hoyt Lakes, MN and sitting on a .16 acre lot. The interior has 974 sq. ft. with 2 bedrooms and 1 bathroom plus a full basement and attached garage.

Last Agent to Sell the Property

Aaron Brailer

REALHome Services and Solutions, Inc. Listed on: 05/08/2025

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1956

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 974 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Hoyt Lakes Sub 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 142002401790

Home Details

Home Type

Single Family

Est. Annual Taxes

$668

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 974
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 974
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 231

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • 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: NA
  • Lot Size Sq Ft: 6970
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 142002401790
  • Tax Annual Amount: 668
  • TaxWithAssessments: 668.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Segraves James Wesley and Segraves Jennifer Kristene
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Jan 17, 2017
Sold by
Segraves Jennifer Knstene
Bought by
Segraves James Wesley

Purchase Details

Closed on
Dec 10, 2003
Sold by
Truax Gale R and Truax Pauline R
Bought by
Segraves James Wesley and Segraves Jennifer Kristene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,040
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Hill Carolyn A
Bought by
Truax Gale R and Truax Pauline R
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Sheriffs Deed $46,825 --
Sheriffs Deed $46,825 --
Quit Claim Deed -- None Available
Warranty Deed $55,600 Ctac Hbg
Personal Reps Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $56,000 Unknown
Previous Owner $50,040 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $34,500 -3.9% $35 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $35,900 -16.5% $37 / Sq Ft
05/27/2025 05/27/25 Price Changed $43,000 -18.9% $44 / Sq Ft
05/08/2025 05/08/25 For Sale $53,000 -- $54 / 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 $576 $84,500 $5,300 $79,200
2022 $668 $64,700 $5,000 $59,700
2021 $376 $56,500 $5,000 $51,500
2020 $324 $56,000 $4,500 $51,500
2019 $290 $50,900 $4,500 $46,400
2018 $280 $49,900 $4,500 $45,400
2017 $258 $49,900 $4,500 $45,400
2016 $206 $48,400 $5,100 $43,300
2015 $233 $29,400 $2,900 $26,500
2014 $233 $27,800 $2,800 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6717904

NorthstarMLS

APN: 142002401790