NOT LISTED FOR SALE

4041 Highway 7 Iron, MN 55751

Estimated Value: $160,000 - $259,000

2 Beds
1 Bath
884 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $23,000 $26 Per Sq Ft

Est. 799% increase in value since last sale

Current estimated payment $1,183/month

About This Home

As of February 2016

Great 2 bedroom home in the country with an attached garage. Septic does not need to be inspected or escrowed. See attached septic cert. Property was built prior to 1978 and lead based paint potentially exists

Last Agent to Sell the Property

Ryan Belt

Iron Country Realty License #40277624 Listed on: 01/26/2016

Last Buyer's Agent

Ryan Belt

Iron Country Realty License #40277624 Listed on: 01/26/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $274

Year Built

  • Built in 1953

Lot Details

  • 0.97 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 295-0016-00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$274

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 295-0016-00035
  • Real Estate Tax: 274
  • Style: One Story
  • Total Above Grade Sq Ft: 884
  • Type: Residential
  • Year Built: 1953
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 884
  • Bedroom 1: Size: 12x14, On Level: Main
  • Total Bathrooms: 1
  • Bedroom 2: Size: 12x10, On Level: Main
  • Kitchen: Size: 10x12
  • Living Room: Size: 10x12, On Level: Main
  • Lower Level Sq Ft: 884
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 884

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 22x24

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 208x208
  • Number Of Acres: 0.97
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Feb 18, 2016
Bought by
Ranisate Becky Becky
Seller's Agent
Ryan Belt
Iron Country Realty
Buyer's Agent
Ryan Belt
Iron Country Realty
Sold Price
$23,000
Current Estimated Value
$206,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,796
Avg. Annual Appreciation
24.04%

Purchase Details

Closed on
Nov 7, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 23, 2014
Sold by
Thompson Dennis R
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 15, 2010
Sold by
Holmes Shelly L and Lokken Shane
Bought by
Thompson Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,902
Interest Rate
4.81%
Mortgage Type
VA

Purchase Details

Closed on
Feb 26, 2008
Sold by
Kangas Eleanore E
Bought by
Holmes Shelly Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 10, 2008
Sold by
Kangas Eleanore E
Bought by
Holmes Shelly Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Ranisate Becky Becky $23,000 --
Secretary Of Housing & Urban Development -- Arrowhead Abstract
Bank Of America Na $71,442 None Available
Thompson Dennis R $135,000 Up North Title Inc
Holmes Shelly Lyn $45,000 None Available
Holmes Shelly Lyn $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ranisate Becky A $59,500
Previous Owner Thompson Dennis R $137,902
Previous Owner Holmes Shelly Lyn $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2016 02/18/16 Sold $23,000 -- $26 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
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 $678 $133,800 $25,500 $108,300
2022 $828 $122,300 $24,500 $97,800
2021 $612 $112,700 $17,600 $95,100
2020 $582 $97,400 $17,600 $79,800
2019 $482 $97,400 $17,600 $79,800
2018 $476 $97,400 $17,600 $79,800
2017 $316 $97,500 $17,700 $79,800
2016 $296 $82,500 $15,200 $67,300
2015 $300 $52,700 $9,700 $43,000
2014 $300 $52,700 $9,700 $43,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Belt

    Iron Country Realty

    (218) 410-9009

    48 Total Sales

    Ryan Belt
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Map

Source: Range Association of REALTORS®

MLS Number: 127970

Range Association of REALTORS®

APN: 295001600035

Minnesota St Louis County Iron 55751

4041 Highway 7, Iron, MN

This home is located at 4041 Highway 7, Iron, MN 55751 since 26 January 2016 and is currently estimated at $206,796, approximately $233 per square foot. This property was built in 1953. 4041 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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