NOT LISTED FOR SALE

4923 Highway 7 Mountain Iron, MN 55768

Estimated Value: $425,000 - $514,000

4 Beds
2.5 Baths
2,907 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $330,000 $114 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,875/month

112 Days on Market

Highlights

  • 4.76 Acre Lot
  • Covered Patio or Porch
  • Central Air
  • Deck
  • 4 Car Garage
  • Water Softener

About This Home

As of March 2020

GREAT PRICE REDUCTION!!!! Absolutely Exceptional Custom Built Home. This 4 bdrm, 2.5 bath boasts a very generous 2900 +/- SQ Ft of finished space. The basement features poured ICF walls ready to finish an additional 1163 SQ Ft. Custom Built Maple Cabinets, Granite countertops, and custom stainless kitchen with a large walk in pantry. Gorgeous stone faced electric fireplace in the main floor living room. The basement and garage slabs are both heated and this home features a state of the art electrical on/off peak system with 2- 200 Amp and 2-100 amp sub panels. Home features a 3 stall attached garage and the second garage is 12x20 for the extra toys, the seller will be siding this garage. The 19x23 Rec Room above the garage is a fantastic getaway room. The exterior features Seamless Steel Siding and Gutters. The 20x32 custom deck has a built in dry bar and grilling station. Very private setting just minutes from town, with a great accommodating drive directly off of Hwy 7.

Last Agent to Sell the Property

Darin Alto

Mirabella Realty License #20454323 Listed on: 10/09/2019

Last Buyer's Agent

Becky Polasky

Perrella & Associates License #40452582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2012

Lot Details

  • 4.76 Acre Lot

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,907 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 175-0071-03808

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,730

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Dual Fuel/Off Peak, Electric, Off Pk Storage Units
  • Lvt Date: 10/09/2019
  • Main Level Bathrooms: .5
  • Number Of Bedrooms: 4
  • Parcel Code Number: 175-0071-03808
  • Patioporch: Deck, Porch, Covered
  • Real Estate Tax: 3730.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2907
  • Bedroom 1: Size: 14x17, On Level: Upper
  • Total Bathrooms: 2.5
  • Appliances: Dishwasher, Electric Range, Garage Opener, Hood, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Full, Poured
  • Bedroom 2: Size: 10x13, On Level: Upper
  • Bedroom 3: Size: 10x13, On Level: Upper
  • Dining Room: Size: 10x15, On Level: Main
  • Fireplace: 1 Fireplace, Electric Log
  • Kitchen: Size: 14x17, On Level: Main
  • Living Room: Size: 15x15, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Bdrm 4/Den, Size: 11x12, On Level: Main
  • Rec Room: Size: 19x23, On Level: Upper

Exterior Features

  • Exterior: Steel
  • Roof: Asphalt

Garage/Parking

  • Garage: 3+ Stalls, Attached, Detached
  • Garage Capacity: 4
  • Garage Size: 28x34

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 660x330
  • Number Of Acres: 4.76
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Oneill Ryan and Oneill Wayne
Bought by
Oneill Ryan P
Current Estimated Value
$482,882

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 30, 2020
Sold by
Altobelli Keith J and Altobelli Kara
Bought by
Neill Ryan O and Crick Judith
Seller's Agent
Darin Alto
Mirabella Realty
Buyer's Agent
Becky Polasky
Perrella & Associates
List Price
$449,000
Sold Price
$330,000
Premium/Discount to List
-$119,000
-26.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$289,987
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2012
Sold by
Kingston Richard and Kingston Joanne
Bought by
Altobelli Keith J and Altobelli Kara

Purchase Details

Closed on
Jun 4, 2007
Sold by
Hendrickson Lyle J and Hendrickson Elizabeth A
Bought by
Kingston Richard and Kingston Joanne
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
Oneill Ryan P $500 Js Title And Escrow Llc
Neill Ryan O $330,000 Northeast Title Company
Altobelli Keith J $15,000 All American Title Co Inc
Kingston Richard $17,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neill Ryan O $289,987
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $330,000 -17.3% $114 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
11/09/2019 11/09/19 Price Changed $399,000 -7.0% $137 / Sq Ft
10/25/2019 10/25/19 Price Changed $429,000 -4.5% $148 / Sq Ft
10/09/2019 10/09/19 For Sale $449,000 -- $154 / 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
2024 $4,230 $405,400 $35,400 $370,000
2023 $4,230 $431,900 $35,400 $396,500
2022 $4,104 $401,600 $35,400 $366,200
2021 $4,090 $341,300 $24,200 $317,100
2020 $3,544 $341,300 $24,200 $317,100
2019 $3,730 $294,600 $22,200 $272,400
2018 $3,414 $294,600 $22,200 $272,400
2017 $3,038 $294,600 $22,200 $272,400
2016 $2,808 $266,300 $18,500 $247,800
2015 $1,752 $210,400 $18,300 $192,100
2014 $1,752 $126,700 $19,800 $106,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 138432

Range Association of REALTORS®

APN: 175007103808