$450,000
SOLD JUN 20, 2024

4961 Spirit Lake Rd Mountain Iron, MN 55768

3 Beds
2.5 Baths
3,039 Sq Ft
0.81 Acres

Recently Sold

$148 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Deck
  • Heating System Uses Gas
  • Electric Fireplace
  • 2 Car Detached Garage

About This Home

As of July 2025

What a great location! This hidden gem is 10 minutes from Virginia and 15 to Hibbing! Spirit Lake is 80 acres with no public access and beautiful scenic views. No dirt roads, two large decks with two pergolas overlooking the lake. Lower deck with patio, fire pit and alum dock. Four level beautiful home with 2500 Sq Ft. above grade,Three nice sized bedrooms recently remodeled. And huge walk out family room that is slab on grade. 100 Ft well , septic will need updating. Newer elc box with 200 in garage. Dual fuel off peak elect huge walk out family room. There's adds. room for another bedroom or work out room. Three bedrooms, master bath. Bedrooms and baths newly remodeled. Huge living room and eat in kitchen. Well has been updated, and septic will need to be updated.Newer elec box with 220 to garage, dual fuel with elec and gas boilers. High speed internet, city garbage pick uo.12x16 storage shed with power and lofts. 300 feet of manicured lawn on roadway. Great family home!

Last Agent to Sell the Property

Joan Cotton

Mirabella Realty License #20025336 Listed on: 05/09/2024

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty License #40713911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,039 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Available
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 175-0058-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Dual Fuel/Off Peak, Electric
  • Lower Level Bathrooms: .5
  • Lvt Date: 05/09/2024
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0058-00010
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 80
  • Real Estate Tax: 2913
  • Style: 2 Story
  • Total Above Grade Sq Ft: 2577
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 3039
  • Bedroom 1: Size: 12.10x13.5, On Level: Upper
  • Total Bathrooms: 2.5
  • Appliances: Dishwasher, Electric Range, Garage Opener, Microwave, Refrigerator
  • Basement: Block, Full
  • Bedroom 2: Size: 10.5x12.5, On Level: Upper
  • Bedroom 3: Size: 9.4x10.4, On Level: Upper
  • Fireplace: Electric Log
  • Kitchen: Size: 11.8x23.4, On Level: Kitchen/Dining
  • Living Room: Size: 11.5x16.11, On Level: Main
  • Lower Level Sq Ft: 578
  • Main Level Sq Ft: 1857
  • Other Room 2: office, Size: 9x15.6, On Level: Lower
  • Other Room 3: person cav, Size: 7x12, On Level: Lower
  • Rec Room: Size: 24x24
  • Upper Level Sq Ft: 720

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 22x24

Utilities

  • Cooling: Multi-Window A/C
  • Utilities: Septic, Well, Gas
  • Water Heater: Gas

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 337x99
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 19, 2024
Sold by
Ackerson David E and Ackerson Barbara M
Bought by
Jokinen Thomas R and Jokinen Elyse R
Seller's Agent
Joan Cotton
Mirabella Realty
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$360,000
Outstanding Balance
$356,677
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$110,284
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
Warranty Deed $450,000 All American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $135,701 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $400,294 Credit Line Revolving
Previous Owner $37,000 Unknown
Previous Owner $321,525 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $469,000 0.0% $154 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $469,000 -2.1% $154 / Sq Ft
06/07/2025 06/07/25 For Sale $479,000 +6.4% $157 / Sq Ft
06/20/2024 06/20/24 Sold $450,000 -2.2% $148 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $459,900 -- $151 / 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 $2,836 $298,600 $64,800 $233,800
2022 $2,912 $282,000 $64,800 $217,200
2021 $2,568 $253,500 $48,400 $205,100
2020 $2,909 $234,500 $48,400 $186,100
2019 $3,058 $253,500 $48,400 $205,100
2018 $2,792 $250,800 $48,400 $202,400
2017 $2,714 $250,900 $48,500 $202,400
2016 $2,508 $243,800 $36,300 $207,500
2015 $2,622 $211,200 $39,500 $171,700
2014 $2,622 $211,200 $39,500 $171,700
Source: Public Records

Agents Affiliated with this Home

  • Darcie Novak

    Seller's Agent in 2025

    Darcie Novak

    My Place Realty, Inc.

    (218) 780-7036

    12 in this area

    372 Total Sales

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  • Joseph Tome

    Buyer's Agent in 2025

    Joseph Tome

    Grand Properties

    (218) 228-3064

    1 in this area

    137 Total Sales

    Section Image

  • J

    Seller's Agent in 2024

    Joan Cotton

    Mirabella Realty

    Section Image
  • Norma Jean Jofs

    Buyer's Agent in 2024

    Norma Jean Jofs

    Next Door Realty

    (218) 780-2860

    5 in this area

    404 Total Sales

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Map

Source: Range Association of REALTORS®

MLS Number: 146655

Range Association of REALTORS®

APN: 175005800010

Minnesota St Louis County Mountain Iron 55768

4961 Spirit Lake Rd, Mountain Iron, MN

This home is located at 4961 Spirit Lake Rd, Mountain Iron, MN 55768 and is currently priced at $450,000, approximately $148 per square foot. This property was built in 1974. 4961 Spirit Lake Rd is a home located in St. Louis County with nearby schools including Merritt Elementary School and Mountain Iron-Buhl Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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