NOT LISTED FOR SALE

407 8th St Two Harbors, MN 55616

Estimated Value: $150,000 - $197,000

3 Beds
2 Baths
2,016 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $89,900 $45 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,145/month

1 Day on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Wood Siding
  • Corner Lot
  • Hot Water Heating System

About This Home

As of March 2021

Investment opportunity! Get in on a great deal and build some equity while this duplex pays for itself! This 2 unit, up-down duplex is VERY spacious with over 1000 sq feet per floor! The lower unit has 2 bedrooms and a walk through bath, the upper unit has one bedroom and a TON of space! Huge yard, off street parking and lots of potential. (needs 2 new basement walls, some finish work and siding) If you are looking for that perfect fixer-upper, look no further! Listed below Tax Value!

Last Agent to Sell the Property

Dee Furo

Legacy Real Estate Group LLC Listed on: 03/16/2021

Last Buyer's Agent

Jon Chapek

Odyssey Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1902

Lot Details

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

Home Design

  • Duplex
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Steel Siding
  • Composition Shingle

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Fiber Optics Available

Community Details

  • 2 Units
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for internet service, cable TV
  • Assessor Parcel Number 23-7660-22160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,057

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: High 61 to &th Ave in Two Harbors...South on 8th st to 3rd Ave Property on Right
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-728-4436
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2016
  • F I R E P L A C E2: No
  • Garage Type: None
  • Heat: Hot Water, Natural Gas
  • Laundry: None
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 3
  • MediaType: Duplex
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2016

Exterior Features

  • Road Frontage: City
  • Exterior: Steel, Wood, Composition

Garage/Parking

  • Parking Driveway: Driveway - Asphalt

Utilities

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

Association/Amenities

  • AmenitiesOtherAmenities1: Hardwood Floors, Drywalls
  • Association Fees Include:Amenities2: Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups, Drywalls
  • AmenitiesFireplace1: No

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: 23-7660-22160

Rental Info

  • Lease Terms: Cash
  • Tenant Expense: Internet Service, Cable TV

Tax Info

  • Tax Amount: 2056.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Mar 26, 2021
Sold by
Krech Scott R and Krech Savannah S
Bought by
Swanson Ashleigh R
Seller's Agent
Dee Furo
Legacy Real Estate Group LLC
Buyer's Agent
Jon Chapek
Odyssey Real Estate Group
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$176,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,672
Avg. Annual Appreciation
15.17%
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
Swanson Ashleigh R $89,000 None Available
Swanson Ashleigh Ashleigh $89,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $89,900 0.0% $45 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $89,900 -- $45 / 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 $2,666 $141,500 $23,500 $118,000
2024 $653 $144,000 $23,500 $120,500
2023 $637 $137,400 $18,800 $118,600
2022 $2,256 $121,500 $16,400 $105,100
2021 $2,180 $118,100 $16,400 $101,700
2020 $2,057 $54,200 $16,400 $37,800
2019 $1,510 $54,200 $16,400 $37,800
2018 $1,476 $96,300 $16,400 $79,900
2017 $1,391 $95,500 $16,000 $79,500
2016 $1,305 $97,200 $16,000 $81,200
2015 $1,335 $89,200 $14,500 $74,700
2014 $1,335 $0 $0 $0
2013 $1,081 $0 $0 $0
2012 $423 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dee Furo

    Legacy Real Estate Group LLC

    (218) 393-9864

    70 in this area

    189 Total Sales

    Dee Furo
    Section Image

  • J

    Buyer's Agent in 2021

    Jon Chapek

    Odyssey Real Estate Group

    (952) 715-7707

    21 in this area

    108 Total Sales

    Jon Chapek
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6095320

APN: 23-7642-22160

Minnesota Lake County Two Harbors 55616

407 8th St, Two Harbors, MN

Not Listed for Sale

MultiFamily

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