NOT LISTED FOR SALE

4732 Highway 7 Iron, MN 55751

Estimated Value: $223,000 - $273,000

3 Beds
2 Baths
1,568 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $90,000 $57 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,425/month

56 Days on Market

Highlights

  • Multiple Garages
  • Garage Apartment
  • Ranch Style House
  • RV Access or Parking
  • Deck
  • Formal Dining Room

About This Home

As of February 2021

This rural manufactured home sits on a slab and offers a massive open layout providing one level living! A newer 4 season porch that has tons of natural light and a charming fireplace. The massive 3 car shop offers insulation, heat, electrical, plumbing, AND an additional 1BR/1BA apartment in the loft. Garage loft apartment offers a dining area, kitchen, 3/4 Bathroom, and a bedroom. Additional 2 car garage offers electric and a dirt floor. With over 10 acres to enjoy, you also have an additional storage sheds and a chicken coop! There's so much here to offer at such a great price!

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 11/20/2020

Last Buyer's Agent

Kimberly Culbert-Blaeser

Culbert Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1995

Lot Details

  • 11.59 Acre Lot
  • Property fronts a highway
  • Poultry Coop
  • Level Lot
  • Irregular Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,568 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Garage Apartment
  • Heated Garage
  • Insulated Garage
  • Bathroom In Garage
  • Garage Drain
  • Gravel Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 175-0072-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,754

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: First property off Hwy 7 (on the East side) just north of Kane road. North of Iron Junction about 3 miles- Sign out front
  • L O1 Office Phone1 Number: 218-878-0583
  • List Price/ Sq Ft: 57.4
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio, Gutter/Downspout
  • Mfg And Park Info Construction Type: Manufactured (Post-6/'76)
  • FinFootageAboveGrade: 1568
  • Garage Type: Detached, Multiple
  • Heat: Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Laundry Room
  • Room 11: Bedroom
  • Room 12: Kitchen
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1995
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Upper
  • RoomLevel12: Upper
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space, Slab
  • Bathroom Description: 3/4 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen, Formal Dining Room
  • Extra Rooms: 4 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Master Bedroom
  • Room 7: Bathroom
  • Room 8: Bathroom
  • Room 9: Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1568
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Chicken Coop, Storage Shed, Workshop
  • Road Frontage: Highway, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, RV Parking, Driveway - Gravel
  • Garage Features: Apartment, Bathroom, Bedroom, Drains, Electrical Service, Heat, Insulation, Kitchen, Plumbing, Slab
  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: Eveleth-Gilbert #2154
  • Junior High Dist: Eveleth-Gilbert #2154

Lot Info

  • Geo Update Timestamp: 2020-11-20
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 11.59
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Heavy, Level
  • Parcel Number: 175-0072-00015

Tax Info

  • Tax Amount: 1754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Primelending
Bought by
Secretary Of Housing & Urban Development
Current Estimated Value
$246,199

Purchase Details

Listed on
May 23, 2015
Closed on
Jul 17, 2015
Sold by
Labarre Jack H and Labarre Sandra J
Bought by
Wheatman Eric
Seller's Agent
Donovan Goblirsch
Donovan Goblirsch Realty
Buyer's Agent
Wayne Johnson
Johnson Hometown Realty
Sold Price
$148,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$145,368
Interest Rate
4.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Secretary Of Housing & Urban Development -- None Available
Wheatman Eric $148,051 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilmas Robert $25,000
Open Hilmas Robert $45,000
Previous Owner Wheatman Eric $145,368
Previous Owner Labarre Jack H $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $90,000 0.0% $57 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $90,000 -39.4% $57 / Sq Ft
07/17/2015 07/17/15 Sold $148,500 -- $86 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
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
2023 $1,356 $175,600 $36,300 $139,300
2022 $1,718 $147,900 $36,300 $111,600
2021 $1,846 $122,200 $25,700 $96,500
2020 $1,754 $122,200 $25,700 $96,500
2019 $930 $113,700 $26,500 $87,200
2018 $910 $113,700 $26,500 $87,200
2017 $760 $113,700 $26,500 $87,200
2016 $760 $102,800 $22,300 $80,500
2015 $1,120 $95,400 $19,000 $76,400
2014 $1,083 $95,400 $19,000 $76,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094173

APN: 175007200015