NOT LISTED FOR SALE

318 2nd Ave N Biwabik, MN 55708

Estimated Value: $72,000 - $127,000

2 Beds
1 Bath
1,692 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $61,000 $36 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $547/month

Highlights

  • Deck
  • 2 Car Detached Garage
  • Central Air

About This Home

As of August 2021

GIANTS RIDGE AREA 2 bedroom 1 bath vinyl sided home at the edge of town where you will find the ATV / snowmobile trail a half block away for easy access to local trails. The main level has a large living room, formal dining room, full bath, kitchen with built in cabinets and a porch with main floor laundry hookups overlooking the back yard. There are two bedrooms and a sitting area upstairs. The lower level has a large room formerly used as a bar, laundry/utility area and a workshop room. Updated furnace and hot water heater. Ready to relax? There is a separate building with patio doors leading to the Swim Spa which seats 12 as a normal hot tub but has two speeds for swimming resistance. The interior is cedar with custom steps for easy access. Finally there is a 26x27 Menards pole building for storage and garage parking. Alley and road recently paved.

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 03/19/2021

Last Buyer's Agent

Stuart Johansen

Northland Realty License #40082401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1910

Lot Details

  • 6,534

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 015-50-2080

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas
  • Lvt Date: 03/19/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 015-50-2080
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 722
  • Style: 2 Story
  • Total Above Grade Sq Ft: 1264
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1692
  • Bedroom 1: Size: 11.5x14.5, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Basement: Full
  • Bedroom 2: Size: 15.7x5, On Level: Upper
  • Dining Room: Size: 13.5x11, On Level: Main
  • Kitchen: Size: 13x9, On Level: Main
  • Living Room: Size: 30x11, On Level: Main
  • Lower Level Sq Ft: 856
  • Main Level Sq Ft: 856
  • Rec Room: Size: 22x13, On Level: Lower
  • Upper Level Sq Ft: 408

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 26x27

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Schools

  • School District: Ara-Hyt Lk/Bwbk

Lot Info

  • Lot Size: Dimensions: 92x75
  • Number Of Acres: 0.15
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Aug 27, 2021
Sold by
Bible Akey Patricia
Bought by
Obst Dean C
Seller's Agent
Betsy Clark
Northwoods Land Office
Buyer's Agent
Stuart Johansen
Northland Realty
List Price
$79,000
Sold Price
$61,000
Premium/Discount to List
-$18,000
-22.78%
Current Estimated Value
$96,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,117
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Akey William David
Bought by
Akey William David and Bible Akey Patricia

Purchase Details

Closed on
Apr 10, 1998
Sold by
Letourneau Lavonne B
Bought by
Akey William David
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
Obst Dean C $61,000 All American Title Company
Akey William David -- --
Akey William David -- --
Obst Dean Dean $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Obst Dean Dean $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $61,000 -12.8% $36 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/14/2021 06/14/21 Price Changed $69,950 -3.5% $41 / Sq Ft
06/07/2021 06/07/21 Price Changed $72,500 -3.2% $43 / Sq Ft
05/19/2021 05/19/21 Price Changed $74,900 -5.2% $44 / Sq Ft
03/19/2021 03/19/21 For Sale $79,000 -- $47 / 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
2024 $464 $74,500 $7,100 $67,400
2023 $464 $73,800 $7,100 $66,700
2022 $864 $63,800 $6,100 $57,700
2021 $722 $63,800 $6,100 $57,700
2020 $726 $61,200 $6,100 $55,100
2019 $520 $61,200 $6,100 $55,100
2018 $388 $61,200 $6,100 $55,100
2017 $376 $55,200 $6,800 $48,400
2016 $290 $55,200 $6,800 $48,400
2015 $288 $30,700 $3,700 $27,000
2014 $288 $32,800 $3,700 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 140951

Range Association of REALTORS®

APN: 015005002080