NOT LISTED FOR SALE

422 7th Ave Two Harbors, MN 55616

Estimated Value: $209,000 - $269,000

2 Beds
1.5 Baths
1,046 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $159,000 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,296/month

12 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Living Room
  • Recreation Room
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of January 2022

Great opportunity with high visibility for potential to convert to a commercial property, short term rental or keep as a residential, options are endless. 2 bedrooms on main floor with hardwoods throughout, updates in bathroom on main floor, great theater room in the basement with soundproofing on ceiling with a 1/4 bath in basement. Heated insulated detached garage and off street parking.

Last Agent to Sell the Property

Sue Bott

RE/MAX Professionals - Two Harbors Listed on: 12/08/2021

RE/MAX Professionals - Two Harbors

Last Buyer's Agent

Sue Bott

RE/MAX Professionals - Two Harbors Listed on: 12/08/2021

RE/MAX Professionals - Two Harbors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1950

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x75

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 23-7661-37011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,469

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: on the left (lower) side of 7th Ave
  • L O1 Office Phone1 Number: 218-834-5144
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 836
  • Below Grade Finished Sq Ft: 210
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, 1/4 Basement
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Rec Room
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1046
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 18x24

Utilities

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

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 50x75
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7661-37011

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1468.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 26, 2022
Sold by
Sarracco Joseph
Bought by
Chiodi Beau
Seller's Agent
Sue Bott
RE/MAX Professionals - Two Harbors
Buyer's Agent
Sue Bott
RE/MAX Professionals - Two Harbors
List Price
$159,000
Sold Price
$159,000
Current Estimated Value
$226,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,665
Avg. Annual Appreciation
9.29%

Purchase Details

Listed on
Aug 15, 2018
Closed on
Feb 4, 2019
Sold by
Koski Robert J Est
Bought by
Sarracco Joseph
Seller's Agent
Lynn Larson
Century 21 Atwood
Buyer's Agent
Jarett Mickelson
Legacy Real Estate Group LLC
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$120,202
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chiodi Beau $159,000 --
Sarracco Joseph $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarracco Joseph $120,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2022 01/26/22 Sold $159,000 0.0% $152 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $159,000 +33.6% $152 / Sq Ft
02/04/2019 02/04/19 Sold $119,000 0.0% $108 / Sq Ft View Prior Sale
12/12/2018 12/12/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $119,000 -- $108 / 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 $1,474 $202,700 $18,800 $183,900
2024 $737 $205,100 $18,800 $186,300
2023 $515 $194,000 $22,800 $171,200
2022 $1,534 $170,500 $19,800 $150,700
2021 $1,469 $141,300 $19,800 $121,500
2020 $1,424 $46,037 $19,837 $26,200
2019 $2,124 $46,037 $19,837 $26,200
2018 $1,357 $121,400 $19,900 $101,500
2017 $1,446 $119,400 $19,300 $100,100
2016 $1,300 $120,600 $19,300 $101,300
2015 $1,344 $110,700 $17,600 $93,100
2014 $1,344 $0 $0 $0
2013 $1,012 $0 $0 $0
2012 $1,009 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Bott

    Seller's Agent in 2022

    Sue Bott

    RE/MAX

    (218) 590-4013

    90 in this area

    239 Total Sales

    Sue Bott
    Section Image

  • L

    Seller's Agent in 2019

    Lynn Larson

    Century 21 Atwood

    (218) 722-8221

    43 in this area

    74 Total Sales

    Lynn Larson
    Section Image

  • J

    Buyer's Agent in 2019

    Jarett Mickelson

    Legacy Real Estate Group LLC

    (218) 390-4010

    28 in this area

    185 Total Sales

    Jarett Mickelson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100825

APN: 23-7642-37011

Minnesota Lake County Two Harbors 55616

422 7th Ave, Two Harbors, MN

Not Listed for Sale

Detached

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