NOT LISTED FOR SALE

320 1/2 Mitchell Ave Hibbing, MN 55746

Estimated Value: $101,000 - $161,812

4 Beds
4 Baths
2,736 Sq Ft
$49/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $80,000 $29 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $751/month

74 Days on Market

About This Home

As of October 2019

Spacious 4/5 bedroom home on large lot with income potential as well. Has been used as a single family home, but has two main floor apartments and one large upper level living space. Three stall garage, storage shed, screen house all on a large corner lot. Comes complete with appliances in each unit. In same family for nearly a century. Full poured concrete basement with laundry facilities and additional bathroom. Lots of storage. Separate electric meters for each unit. Well maintained property and quiet location. Great opportunity for owner occupant or potential for rental income as well.

Last Agent to Sell the Property

Mike Mehle

Dane Arthur Real Estate Agency License #20519840 Listed on: 06/03/2019

Last Buyer's Agent

Mike Mehle

Dane Arthur Real Estate Agency License #20519840 Listed on: 06/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1923

Lot Details

  • 10,454

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater
  • Phone Available

Additional Features

  • Screened Patio
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 140-0120-01590

Home Details

Home Type

Single Family

Est. Annual Taxes

$240

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas
  • Lower Level Bathrooms: 1
  • Lvt Date: 06/03/2019
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 4
  • Parcel Code Number: 140-0120-01590
  • Patioporch: Screened
  • Real Estate Tax: 240
  • Style: 2 Story
  • Total Above Grade Sq Ft: 2736
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2736
  • Bedroom 1: Size: 12x11, On Level: Upper
  • Total Bathrooms: 4
  • Appliances: Dishwasher, Electric Range, Garage Opener, Refrigerator, Washer, Elec. Dryer
  • Basement: Full, Poured
  • Bedroom 2: Size: 12x10'11", On Level: Upper
  • Bedroom 3: Size: 10'9"x9'4", On Level: Main
  • Dining Room: Size: 16'x10'11", On Level: Upper
  • Fireplace: Free Standing
  • Kitchen: Size: 19'x10'10", On Level: Upper
  • Living Room: Size: 19'x14', On Level: Upper
  • Lower Level Sq Ft: 1368
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1368
  • Other Room 2: Bedroom 4, Size: 10'9"x9'4", On Level: Main
  • Other Room 3: Bedroom 5, Size: 13x9'4", On Level: Main
  • Upper Level Sq Ft: 1368

Exterior Features

  • Exterior: Stucco
  • Roof: Metal

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 24x30

Utilities

  • Utilities: City Water, City Sewer, Gas, Telephone
  • Water Heater: Electric

Schools

  • School District: Hibbing #701

Lot Info

  • Lot Size: Dimensions: 125x83
  • Number Of Acres: 0.24
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Sep 20, 2019
Sold by
Quick Lenore and Quick Bruce R
Bought by
Bacon Troy V
Seller's Agent
Mike Mehle
Dane Arthur Real Estate Agency
Buyer's Agent
Mike Mehle
Dane Arthur Real Estate Agency
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%
Current Estimated Value
$132,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,953
Avg. Annual Appreciation
8.85%
Original Mortgage
$64,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2019
Sold by
Quick Bruce R and Quick Lenore M
Bought by
Quick Lenore M

Purchase Details

Closed on
May 11, 2005
Sold by
Quick Bruce A and Quick Bruce Alan
Bought by
Quick Bruce R and Quick Lenore
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
Bacon Troy V $80,000 Sellman Title Company Llc
Bacon Troy V $80,000 Sellman Title Company Llc
Quick Lenore M -- None Available
Quick Lenore M -- Sellman Title
Quick Bruce R -- --
Quick Bruce R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bacon Troy V $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $80,000 -19.2% $29 / Sq Ft
08/27/2019 08/27/19 For Sale $99,000 0.0% $36 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
06/28/2019 06/28/19 Price Changed $99,000 -17.4% $36 / Sq Ft
06/03/2019 06/03/19 For Sale $119,900 -- $44 / 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 $542 $101,500 $13,800 $87,700
2022 $632 $88,700 $12,700 $76,000
2021 $342 $80,800 $12,100 $68,700
2020 $246 $58,700 $12,100 $46,600
2019 $238 $58,700 $12,100 $46,600
2018 $230 $58,700 $12,100 $46,600
2017 $218 $58,600 $12,000 $46,600
2016 $148 $58,600 $12,000 $46,600
2015 $187 $25,800 $6,400 $19,400
2014 $187 $28,200 $6,600 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 137346

Range Association of REALTORS®

APN: 140012001590