NOT LISTED FOR SALE

3298 Highway 25 Iron, MN 55751

Estimated Value: $222,796 - $247,000

3 Beds
1 Bath
1,932 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $210,000 $109 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,343/month

9 Days on Market

Highlights

  • 20 Acre Lot
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Deck
  • 1-Story Property

About This Home

As of July 2023

One level living on a beautiful 20 acre parcel in Cherry! 4 bedrooms (1 non-egress) / 1 bathroom / Propane forced air furnace / Main floor laundry / Nice back deck / 2 large storage containers / Great location near Cherry School!

Last Agent to Sell the Property

Matt Rengstorf

Perrella & Associates License #40752619 Listed on: 05/10/2023

Last Buyer's Agent

Debbie Androsky

First American Staff Appraisal License #20482355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1976

Lot Details

  • 20 Acre Lot
  • Property is zoned 201,1

Home Design

  • Shingle Roof
  • Hardboard

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 420-0022-01810

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,106

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Heat: Forced Air, Gas - Propane
  • Lower Level Bedrooms: 1
  • Lvt Date: 05/10/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 420-0022-01810
  • Patioporch: Deck, Porch, Enclosed
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 1106
  • Style: One Story
  • Total Above Grade Sq Ft: 1288
  • Type: Residential
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1932
  • Bedroom 1: Size: 12.5x11, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 13.5x9, On Level: Main
  • Bedroom 3: Size: 10x9.5, On Level: Main
  • Dining Room: Size: 12.5x10.5, On Level: Main
  • Kitchen: Size: 12.5x10.5, On Level: Main
  • Living Room: Size: 21.5x14.5, On Level: Main
  • Lower Level Sq Ft: 1288
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1288
  • Other Room 2: Bedroom 4, Size: 19.5x12.5, On Level: Lower
  • Other Room 3: Bonus 2, Size: 11x11, On Level: Lower
  • Rec Room: Size: 12.5x11, On Level: Lower

Exterior Features

  • Exterior: Hard Board
  • Roof: Shingle

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Hibbing #701

Lot Info

  • Lot Size: Dimensions: 1320x660
  • Number Of Acres: 20
  • Zoning: 201,1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 7, 2023
Sold by
Folx Susan F
Bought by
Polkinghorne Katherine Jo and Polkinghome Eric Ernest
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Debbie Androsky
First American Staff Appraisal
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%
Views
31
Current Estimated Value
$231,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,699
Avg. Annual Appreciation
2.78%
Original Mortgage
$168,000
Outstanding Balance
$164,761
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$58,124
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 Buyer Sale Price Title Company
Polkinghorne Katherine Jo $210,000 All American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polkinghorne Katherine Jo $168,000
Previous Owner Foix Charles H $114,163
Previous Owner Foix Charles H $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $210,000 -8.7% $109 / Sq Ft
05/10/2023 05/10/23 For Sale $230,000 -- $119 / 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 $1,074 $166,800 $56,600 $110,200
2022 $968 $155,100 $53,000 $102,100
2021 $976 $130,300 $40,900 $89,400
2020 $266 $130,300 $40,900 $89,400
2019 $244 $95,100 $39,000 $56,100
2018 $244 $93,400 $39,000 $54,400
2017 $248 $93,400 $39,000 $54,400
2016 $208 $93,400 $39,000 $54,400
2015 $206 $52,600 $26,200 $26,400
2014 $206 $52,600 $26,200 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 144976

Range Association of REALTORS®

APN: 420002201810