NOT LISTED FOR SALE

3421 3rd Ave W Hibbing, MN 55746

Hibbing Area
4 Beds
2 Baths
2,340 Sq Ft
1946 Built

Sale Details

Date Sold: June 28, 2024

Last sale price $126,000 $54 Per Sq Ft

17 Days on Market

About This Home

As of June 2024

Excellent income producing duplex! 2 bedroom, 1 bathroom units with 12 month leases already in place. Natural gas heat, with laundry and finished area in basement, and a 2 stall garage. Property management available for new owner! A turnkey investment opportunity!

Last Agent to Sell the Property

Matt Rengstorf

Perrella & Associates License #40752619 Listed on: 04/27/2024

Last Buyer's Agent

Michael Senich

Perrella & Associates License #645614

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,306

Year Built

  • Built in 1946

Parking

  • Garage

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 125 x 50
  • Heating System Uses Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,306

Year Built

Built in 1946

Listing Details

  • Class: Multi Family
  • Lvt Date: 04/27/2024
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 2306
  • Type: Duplex
  • Year Built: 1946
  • Lot Size Length: 125
  • Lot Size Width: 50
  • Rent: One Year Lease
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2340
  • Basement: Full

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Parking: Parking Area, Garage

Utilities

  • Heating: Gas

Lot Info

  • Zoning: 207

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 2306

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

Listed on
Apr 27, 2024
Closed on
Jun 25, 2024
Sold by
Miles Mark
Bought by
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Michael Senich
Perrella & Associates
List Price
$159,900
Sold Price
$126,000
Premium/Discount to List
-$33,900
-21.2%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Outstanding Balance
$63,633
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 26, 2021
Sold by
Schmid Michael and Schmid Lisa
Bought by
Miles Mark
Seller's Agent
Jennifer Reyes
Mirabella Realty
Buyer's Agent
Jennifer Reyes
Mirabella Realty
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jan 21, 2009
Sold by
Klaysmat Rita
Bought by
Schmid Michael and Schmid Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,075
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Maras Carol and Maras Michael
Bought by
Klaysmat Rita
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hibbing, MN

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Purchase 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 Buyer Sale Price Title Company
$126,000 All American Title
Miles Mark $100,000 All American Title Co Inc
Schmid Michael $108,500 None Available
Klaysmat Rita -- Consolidated Title & Abstrac
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $99,200
Previous Owner Schmid Michael $103,075
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
06/28/2024 06/28/24 Sold $126,000 -21.2% $54 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $159,900 +59.9% $68 / Sq Ft
10/26/2021 10/26/21 Sold $100,000 -9.0% $44 / Sq Ft View Prior Sale
10/08/2021 10/08/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $109,900 -- $48 / Sq Ft
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 $2,868 $127,700 $12,700 $115,000
2023 $2,502 $124,800 $12,700 $112,100
2022 $2,306 $90,700 $10,400 $80,300
2021 $600 $79,200 $10,400 $68,800
2020 $592 $79,200 $10,400 $68,800
2019 $748 $79,200 $10,400 $68,800
2018 $734 $88,400 $13,200 $75,200
2017 $694 $88,400 $13,200 $75,200
2016 $674 $87,400 $13,200 $74,200
2015 $765 $58,000 $8,800 $49,200
2014 $765 $63,300 $9,600 $53,700
Source: Public Records

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Map

Source: Range Association of REALTORS®

MLS Number: 146593

Range Association of REALTORS®

APN: 140-0040-00380

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