NOT LISTED FOR SALE

311 E 38th St Hibbing, MN 55746

8 Beds
5 Baths
3,360 Sq Ft
1952 Built

Sale Details

Date Sold: April 29, 2016

Last sale price $67,000 $20 Per Sq Ft

About This Home

As of April 2016

6 unit apt building. Four 2 bedroom units & two efficiency units. Owner has updated many of the units (floors cabinet counter tops, bathrooms) Refriges & Stoves new in 2013. Private off street parking and street parking. Large side yard big enough for garden or to build garage. Residential area close to Greenhaven school.

Last Agent to Sell the Property

Darlene Majkich

RE/MAX Professionals License #20247802 Listed on: 04/01/2016

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1952

Parking

  • Parking Lot

Home Design

  • 3,360 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Additional Features

  • Lot Dimensions are 125 x 40
  • Heating System Uses Gas

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $1,500
  • Utility Expense $6,500
  • Gross Income $27,600
  • Net Operating Income $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,524

Year Built

Built in 1952

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame, Concrete, Concrete Block
  • Real Estate Tax: 1,524.
  • Type: Apartment Complex
  • Year Built: 1952
  • Lot Size Length: 125
  • Lot Size Width: 40
  • Utilities Expenses: 6500
  • Insurance Expenses: 1500
  • Net Income: 8000
  • Projected Income: 27600
  • Rent: Negotiable
  • Repairs Maint Expenses: 6000
  • Total Expense: 14000
  • Total Income: 22000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 3360

Exterior Features

  • Exterior: Partial Brick, Stucco
  • Roof: Shingle

Garage/Parking

  • Parking: Parking Lot

Utilities

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

Fee Information

  • Rent Income: 22000

Lot Info

  • Zoning: res

Rental Info

  • Actual Income: 22000

Multi Family

  • Number Of Units: 6

Tax Info

  • Taxes: 1,523

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

Closed on
Jan 8, 2026
Sold by
Bought by

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 29, 2016
Sold by
Bought by
Seller's Agent
Darlene Majkich
RE/MAX Professionals
Sold Price
$67,000

Purchase Details

Listed on
Jan 30, 2012
Closed on
Feb 24, 2012
Sold by
Bought by
Seller's Agent
Mike Mehle
Dane Arthur Real Estate Agency
Buyer's Agent
Darlene Majkich
RE/MAX Professionals
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.01%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
04/29/2016 04/29/16 Sold $67,000 -29.5% $20 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/24/2012 02/24/12 Sold $95,000 -- $28 / Sq Ft View Prior Sale
01/30/2012 01/30/12 Pending -- -- --
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 $1,604 $73,700 $14,800 $58,900
2023 $1,444 $69,800 $25,900 $43,900
2022 $1,420 $64,000 $25,900 $38,100
2021 $1,406 $64,000 $25,900 $38,100
2020 $928 $64,000 $25,900 $38,100
2019 $904 $42,600 $14,000 $28,600
2018 $968 $42,600 $14,000 $28,600
2017 $1,004 $46,200 $14,100 $32,100
2016 $980 $48,900 $14,900 $34,000
2015 $1,524 $75,600 $13,900 $61,700
2014 $1,524 $75,600 $13,900 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 124080

Range Association of REALTORS®
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