NOT LISTED FOR SALE

3923 Highway 7 Iron, MN 55751

Estimated Value: $166,000

2 Beds
1 Bath
720 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $30,000 $42 Per Sq Ft

Est. 453% increase in value since last sale

Current estimated payment $919/month

59 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of July 2021

Affordable Country Living! Cozy 2 BR 1 Bath country home in need of some TLC, full basement with laundry, storage, beautiful lot with big deck, & garage with attached coop. Septic non compliant Centrally located 15 min from Eveleth, 20 min to Hibbing. Priced way below assessed value for quick sale!

Last Agent to Sell the Property

Joni Novoselac

Village Realty License #761190 Listed on: 08/20/2018

Last Buyer's Agent

Joni Novoselac

Village Realty License #761190 Listed on: 08/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1953

Lot Details

  • 3.9

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • 3.9 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 295-0016-00161

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Oil, Forced Air
  • Lvt Date: 08/20/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 295-0016-00161
  • Patioporch: Deck
  • Real Estate Tax: 608
  • Style: One Story
  • Total Above Grade Sq Ft: 720
  • Type: Residential
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 720
  • Bedroom 1: Size: 9x10, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 9x9, On Level: Main
  • Kitchen: Size: 6x12, On Level: Main
  • Living Room: Size: 8x14, On Level: Main
  • Lower Level Sq Ft: 720
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 720

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 20x24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Eveleth/Gilbert -2909

Lot Info

  • Lot Size: Dimensions: 625x250
  • Number Of Acres: 3.9
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Kangas Sherri A
Bought by
Bennett Rolland L and Kaster Maureen
Current Estimated Value
$166,000

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jul 12, 2021
Sold by
Kangas Sherri A and Kangas Sherri
Bought by
Bennett Rolland L and Kaster Maureen
Seller's Agent
Joni Novoselac
Village Realty
Buyer's Agent
Joni Novoselac
Village Realty
List Price
$32,900
Sold Price
$30,000
Premium/Discount to List
-$2,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.66%
Original Mortgage
$25,000
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale
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
Bennett Rolland L $30,000 Klun Law Firm Pa
Bennett Rolland L $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Rolland L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $30,000 -8.8% $42 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $32,900 -- $46 / 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 $22 $5,400 $5,400 $0
2022 $20 $5,100 $5,100 $0
2021 $46 $5,100 $5,100 $0
2020 $48 $5,100 $5,100 $0
2019 $668 $5,100 $5,100 $0
2018 $668 $60,000 $20,600 $39,400
2017 $644 $62,200 $22,800 $39,400
2016 $620 $60,100 $22,000 $38,100
2015 $633 $60,100 $22,000 $38,100
2014 $633 $60,100 $22,000 $38,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joni Novoselac

    Village Realty

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Map

Source: Range Association of REALTORS®

MLS Number: 135524

Range Association of REALTORS®

APN: 295001600161

Minnesota St Louis County Iron 55751

3923 Highway 7, Iron, MN

This home is located at 3923 Highway 7, Iron, MN 55751 since 20 August 2018 and is currently priced at $166,000, approximately $230 per square foot. This property was built in 1953. 3923 Highway 7 is a home located in St. Louis County with nearby schools including Nelle Shean Elementary School, Franklin Elementary School, and Eveleth-Gilbert Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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