NOT LISTED FOR SALE

4882 Heritage Trail Gilbert, MN 55741

Estimated Value: $211,000 - $294,402

3 Beds
2 Baths
1,296 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $178,000 $137 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,516/month

3 Days on Market

Highlights

  • 3 Car Detached Garage
  • Bunk House
  • 1-Story Property
  • Living Room
  • Bathroom on Main Level
  • Poultry Coop

About This Home

As of November 2020

3 Bedroom, 2 bath open concept home with 1 stall garage situated on 9.54 acres with the option to add more garage space! This home boasts a spacious living room, open to the kitchen, large master bedroom with an attached bathroom and main floor laundry. A 24x36 building has a 1 stall garage and a heated man cave which could be used for additional garage space or a workshop, an 18x28 heated garage/workshop, 10x12 bunkhouse which could be converted into a sauna, a large back yard and trails through. This home offers privacy and close proximity to Biwabik (10 min) or Virginia (15 min).

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 09/04/2020

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 2011

Lot Details

  • 9.54 Acre Lot
  • Lot Dimensions are 628.47 x 660.00
  • Poultry Coop

Parking

  • 3 Car Detached Garage

Home Design

  • Concrete Foundation
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Farming

  • Bunk House

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Drilled Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 260001500948

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Virginia, go south on Hwy 53, east on Hwy 135 towards Biwabik. Turn south on Hwy 20 (Heritage Rd) to Fire Number 4882 on the left.
  • L O1 Office Phone1 Number: 218-827-2288
  • Remodeled Addition: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 58
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Manufactured (Post-6/'76)
  • FinFootageAboveGrade: 1296
  • Garage Type: Detached
  • Heat: Wood, Natural Gas, Propane
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 2011
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1296
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Chicken Coop, Bunkhouse
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 24 x 36

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Drilled

Schools

  • Junior High Dist: Eveleth-Gilbert #2154

Lot Info

  • Estimated Lot Dimensions: 628.47 x 660.00
  • Estimated Number of Acres: 9.54
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 260001500948

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 1310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 6, 2020
Sold by
Kimball Hunter James
Bought by
Allegrezza Anthony Joseph and Allegrezza Shawna Marie
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$178,000
Sold Price
$178,000
Current Estimated Value
$260,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,851
Avg. Annual Appreciation
7.63%
Original Mortgage
$160,200
Outstanding Balance
$142,230
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$118,621

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jul 2, 2018
Sold by
Wall Jay B and Rono Janice L
Bought by
Kimball Hunter James
Seller's Agent
Mike Zupetz
Culbert Realty
Buyer's Agent
Mike Zupetz
Culbert Realty
List Price
$162,900
Sold Price
$138,000
Premium/Discount to List
-$24,900
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$131,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2007
Sold by
Shuster John Anthony
Bought by
Wall Jay B and Rono Janice L

Purchase Details

Closed on
Jun 30, 2000
Sold by
Kangas Mark Thomas
Bought by
Kangas Dennis Leroy
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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Purchase History

Date Buyer Sale Price Title Company
Allegrezza Anthony Joseph $178,000 Northeast Title Company
Kimball Hunter James $138,000 Northeast Title Company
Wall Jay B $19,500 Arrowhead Abstract & Title C
Kangas Dennis Leroy $11,300 --
Allegrezza Anthony Anthony $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allegrezza Anthony Joseph $160,200
Previous Owner Kimball Hunter James $131,100
Closed Allegrezza Anthony Anthony $160,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $178,000 0.0% $137 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $178,000 +29.0% $137 / Sq Ft
07/02/2018 07/02/18 Sold $138,000 -5.2% $106 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $145,500 -2.7% $112 / Sq Ft
03/20/2018 03/20/18 Price Changed $149,500 -8.2% $115 / Sq Ft
12/28/2017 12/28/17 For Sale $162,900 -- $126 / 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
2024 $1,818 $221,300 $32,500 $188,800
2023 $1,818 $202,400 $30,200 $172,200
2022 $1,612 $197,400 $25,700 $171,700
2021 $1,402 $158,700 $25,700 $133,000
2020 $1,380 $144,000 $25,700 $118,300
2019 $1,168 $144,000 $25,700 $118,300
2018 $1,420 $142,400 $25,700 $116,700
2017 $1,396 $159,500 $31,300 $128,200
2016 $1,340 $159,500 $31,300 $128,200
2015 $1,196 $121,900 $25,900 $96,000
2014 $1,196 $121,900 $25,900 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6092879

APN: 260001500948