NOT LISTED FOR SALE

3883 Highway 5 Hibbing, MN 55746

Estimated Value: $163,000 - $280,000

3 Beds
1 Bath
894 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $140,000 $157 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,116/month

41 Days on Market

Highlights

  • 33.68 Acre Lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Covered Patio or Porch

About This Home

As of August 2023

Cute, Cozy Country home off of a blacktop road just out of Hibbing. This 3 bed 1 bath home has had several recent updates to include, Newer roofing, Windows, Wiring, Flooring, Paint, Appliances and more. Compliant Septic installed in 2019. 30x30 detached garage, storage shed, frost free hydrant. Main floor laundry. Gas or electric stove. This property is all situated on just over 33 acres as well. Use as a cute little hobby farm, or use the land for hunting ect... There is not much in the country for this price range, Don't miss out! This property is ready for the new owner, Schedule your showing today!

Last Agent to Sell the Property

James Marx

Mirabella Realty License #40799778 Listed on: 05/30/2023

Last Buyer's Agent

Matt Rengstorf

Perrella & Associates License #40752619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1928

Lot Details

  • 33.68 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 894 Sq Ft Home
  • 1.5-Story Property
  • Gas Range
  • Electric Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 141-0020-03240

Home Details

Home Type

Single Family

Est. Annual Taxes

$950

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 05/30/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 141-0020-03240
  • Patioporch: Porch, Covered
  • Real Estate Tax: 950
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 894
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 894
  • Bedroom 1: Size: 9x16, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator, Elec. Dryer, Gas Range
  • Basement: Block, Full
  • Bedroom 2: Size: 9x12, On Level: Upper
  • Bedroom 3: Size: 9x12, On Level: Upper
  • Dining Room: Size: 9x12, On Level: Main
  • Kitchen: Size: 9x12, On Level: Main
  • Living Room: Size: 12x12, On Level: Main
  • Lower Level Sq Ft: 624
  • Main Level Sq Ft: 624
  • Upper Level Sq Ft: 270

Exterior Features

  • Exterior: Steel
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 30x30

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Hibbing #701

Lot Info

  • Lot Size: Dimensions: 1325x800
  • Number Of Acres: 33.68
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Sep 1, 2023
Sold by
Hernandez Barbara
Bought by
State Of Minnesota
Seller's Agent
James Marx
Mirabella Realty
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
221
Current Estimated Value
$194,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,195
Avg. Annual Appreciation
10.69%
Original Mortgage
$135,800
Outstanding Balance
$133,360
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$39,938

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 11, 2023
Sold by
Kent Fredrick M and Kent Beth A
Bought by
Hernandez Barbara
Seller's Agent
James Marx
Mirabella Realty
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Outstanding Balance
$133,360
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$39,938

Purchase Details

Listed on
Jul 26, 2018
Closed on
Feb 20, 2019
Sold by
Kramarich Dennis and Kramarich Debra
Bought by
Ross Jesse Jon
Seller's Agent
Gary Corradi
Johnson Hometown Realty
Buyer's Agent
Paula Mackey
Laurentian Realty
List Price
$99,000
Sold Price
$92,700
Premium/Discount to List
-$6,300
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$88,050
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Lewis Roseann and Lewis James
Bought by
Roberts Larry J
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
State Of Minnesota $500 None Listed On Document
Hernandez Barbara $140,000 All American Title Company
Ross Jesse Jon $92,700 Sellman Title Company Llc
Roberts Larry J $3,609 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Barbara $135,800
Previous Owner Ross Jesse Jon $88,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $140,000 -12.4% $157 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $159,900 0.0% $179 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $159,900 +72.5% $179 / Sq Ft
03/01/2019 03/01/19 Sold $92,700 -6.4% $104 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $99,000 +6.8% $111 / Sq Ft
12/27/2018 12/27/18 Off Market $92,700 -- --
10/02/2018 10/02/18 Price Changed $99,000 -5.7% $111 / Sq Ft
07/26/2018 07/26/18 For Sale $105,000 -- $117 / 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 $130,600 $67,400 $63,200
2022 $854 $99,900 $54,800 $45,100
2021 $806 $92,600 $49,400 $43,200
2020 $762 $89,300 $49,400 $39,900
2019 $1,570 $89,300 $49,400 $39,900
2018 $726 $89,300 $49,400 $39,900
2017 $694 $89,200 $49,300 $39,900
2016 $678 $88,600 $47,000 $41,600
2015 $637 $59,400 $34,200 $25,200
2014 $637 $56,300 $32,900 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145092

Range Association of REALTORS®

APN: 141002003240