$128,500
SOLD OCT 25, 2024

423 7th Ave N Biwabik, MN 55708

2 Beds
2 Baths
768 Sq Ft
1960 Built

Recently Sold

$167 Per Sq Ft

3% Below List Price

5 Days on Market

About This Home

As of October 2024

2 bedroom, 1.75 bath home, on the edge of town, on a corner lot with a 24x28 detached garage. Features include: Eat-in kitchen with appliances. Spacious living room with large front window and hardwood floors. 2 main floor bedrooms and a full bathroom. Lower level rec room, den and 3/4 bathroom with a sauna. Storage room & laundry. Recent updates in 2018 include: New furnace, water heater and central air and a new roof on the home & garage. The 24x28 detached garage offers 2 overhead doors, shelving and a fridge. Use the 10x10 shed for additional storage and relax in the back yard & enjoy campfires in the fire pit.

Last Agent to Sell the Property

Brenda Skelton

Ahrens Thompson Realty, Inc License #20459185 Listed on: 09/26/2024

Last Buyer's Agent

Rachel Lacount

Northwoods Land Office License #20564039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 24, 2024
Sold by
Pugleasa Joseph
Bought by
Fredrickson Jay and Lageson Andrea
Seller's Agent
Brenda Skelton
Ahrens Thompson Realty, Inc
Buyer's Agent
Rachel Lacount
Northwoods Land Office
List Price
$132,500
Sold Price
$128,500
Premium/Discount to List
-$4,000
-3.02%
Views
3
Current Estimated Value
$124,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,929
Avg. Annual Appreciation
-2.78%
Original Mortgage
$128,500
Outstanding Balance
$127,878
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$1,855

Purchase Details

Closed on
Nov 7, 2018
Sold by
Mattson Trevor F and Mattson Jodi I
Bought by
Pugleasa Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
5.37%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $128,500 --
Warranty Deed $65,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,500 New Conventional
Previous Owner $63,822 FHA
Previous Owner $57,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $128,500 -3.0% $167 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $132,500 -- $173 / 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 $724 $89,800 $10,200 $79,600
2022 $898 $73,400 $9,300 $64,100
2021 $804 $57,300 $8,100 $49,200
2020 $808 $57,300 $8,100 $49,200
2019 $466 $57,300 $8,100 $49,200
2018 $440 $57,300 $8,100 $49,200
2017 $386 $59,300 $8,900 $50,400
2016 $298 $56,000 $8,900 $47,100
2015 $256 $31,100 $4,900 $26,200
2014 $256 $31,100 $4,900 $26,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 147525

Range Association of REALTORS®

APN: 015004300920