NOT LISTED FOR SALE

334 4th Ave Two Harbors, MN 55616

Estimated Value: $218,000 - $247,000

4 Beds
2 Baths
2,034 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $164,000 $81 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,517/month

7 Days on Market

Highlights

  • Wood Flooring
  • Lower Floor Utility Room
  • Porch
  • Corner Lot
  • Detached Garage
  • 3-minute walk to Two Harbors Bandshell Park

About This Home

As of August 2021

Here is your chance to own a diamond in the rough! This up-down duplex was a stately, traditional single family home back in the day (circa. 1894) and still has some of the charming details from long ago...original wood work, hardwood floors and front porch. Each unit has 2 large bedrooms and a full bath. The extra high ceilings give them a spacious feel! You can even see Lake Superior from the upper level! Some windows have been replaced through out. There is plenty of storage in the solid block basement. Sellers have obtained a permit to have the garage removed and there is plenty of off street parking. The bonus space in the walk up attic that has a lot of potential! Located on a corner lot just a few blocks from Lake Superior, this property would make a perfect short term rental! Call for a private showing

Last Agent to Sell the Property

Dee Furo

Legacy Real Estate Group LLC Listed on: 06/28/2021

Last Buyer's Agent

Dee Furo

Legacy Real Estate Group LLC Listed on: 06/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1894

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 2,034 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for internet service
  • Assessor Parcel Number 23-7640-08010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,978

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: 7TH AVE IN TWO HARBORS, SOUTH ON 5TH ST, LEFT ON 4TH AVE, PROPERTY ON RIGHT
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-728-4436
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Amenities Exterior: Fenced Yard - Partial, Porch
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2034
  • Garage Type: Detached
  • Heat: Boiler, Natural Gas
  • Reso Roof: Asphalt Shingles, Rubber
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2034

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Power Company: City of Two Harbors
  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesOtherAmenities1: Hardwood Floors, Natural Woodwork
  • Association Fees Include:Amenities2: Eat-In Kitchen, Hardwood Floors, Natural Woodwork

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 50X140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 23-7640-08010

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Internet Service

Tax Info

  • Tax Amount: 2977.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 23, 2021
Sold by
Carr James R and Ulanowski Jessica A
Bought by
Kempfert Gunnar K
Seller's Agent
Dee Furo
Legacy Real Estate Group LLC
Buyer's Agent
Dee Furo
Legacy Real Estate Group LLC
List Price
$189,900
Sold Price
$164,000
Premium/Discount to List
-$25,900
-13.64%
Current Estimated Value
$234,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,747
Avg. Annual Appreciation
8.57%
Original Mortgage
$121,500
Outstanding Balance
$110,556
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$124,191
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kempfert Gunnar K $164,000 None Available
Kempfert Gunnar Gunnar $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempfert Gunnar K $121,500
Closed Kempfert Gunnar Gunnar $120,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $164,000 -13.6% $81 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $189,900 -- $93 / Sq Ft
Source: Lake Superior Area 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
2025 $3,448 $246,000 $23,500 $222,500
2024 $1,174 $249,600 $23,500 $226,100
2023 $1,069 $247,000 $21,300 $225,700
2022 $3,084 $204,000 $16,400 $187,600
2021 $2,978 $161,400 $16,400 $145,000
2020 $2,784 $48,100 $16,400 $31,700
2019 $2,632 $48,100 $16,400 $31,700
2018 $1,974 $136,000 $16,400 $119,600
2017 $1,857 $103,500 $16,000 $87,500
2016 $1,770 $105,300 $16,000 $89,300
2015 $1,777 $97,900 $14,500 $83,400
2014 $1,777 $0 $0 $0
2013 $1,642 $0 $0 $0
2012 $1,698 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097949

APN: 23-7640-08010