NOT LISTED FOR SALE

502 8th Ave Two Harbors, MN 55616

Estimated Value: $239,000 - $320,000

2 Beds
2 Baths
1,890 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $122,000 $65 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,656/month

43 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Fenced Yard
  • Wood Flooring
  • Den
  • 2 Car Detached Garage

About This Home

As of July 2019

2+ bedroom on a corner lot! Large home great for entertaining with a large living room, deck, fenced yard, and hot tub room. It also has an oversized two car garage for all your toys and an additional guest house for hosting those out of town guests! Clean and dry walk up/out basement with workshop and plenty of storage. Property Taxes were recently determined, as they were previously coded for DAV.

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 04/10/2019

Last Buyer's Agent

Ruth Rabold

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced Yard

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 23-7662-39010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,463

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Property is on the corner of 5th ST and 8th Ave.
  • L O1 Office Phone1 Number: 218-878-0583
  • List Price/ Sq Ft: 64.55
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Skylight
  • Amenities Exterior: Deck, Fenced Yard - Full, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1890
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air
  • Fireplaces: 1
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1949
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Unfinished, Walkout, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: upper
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Den/Office
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1890
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Other Buildings
  • Road Frontage: City, Curb/Gutters, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Concrete
  • Garage Capacity: 2

Utilities

  • Power Company: City of Two Harbors
  • Sewer: City
  • Water: City

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2019-04-10
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7662-39010

Tax Info

  • Tax Amount: 2462.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jul 2, 2019
Sold by
Usa Hud
Bought by
Schultz Joel M and Schultz Chelsea E
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Ruth Rabold
Century 21 Atwood
List Price
$122,000
Sold Price
$122,000
Current Estimated Value
$277,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,722
Avg. Annual Appreciation
14.09%
Original Mortgage
$115,900
Outstanding Balance
$101,539
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$176,183

Purchase Details

Closed on
Dec 22, 2017
Sold by
Wells Fargo Bank Na
Bought by
Usa Hud

Purchase Details

Closed on
Oct 19, 2017
Sold by
Mers Inc
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

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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
Schultz Joel M $122,000 --
Usa Hud -- --
Wells Fargo Bank N A $164,640 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Joel M $115,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $122,000 0.0% $65 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $122,000 -- $65 / 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
2025 $2,136 $307,700 $24,600 $283,100
2024 $814 $259,800 $23,500 $236,300
2023 $779 $256,400 $21,300 $235,100
2022 $2,182 $228,400 $18,500 $209,900
2021 $2,098 $179,900 $18,500 $161,400
2020 $2,154 $182,300 $18,500 $163,800
2019 $2,463 $157,100 $16,400 $140,700
2018 $0 $157,100 $16,400 $140,700
2017 $0 $155,000 $16,000 $139,000
2016 -- $156,800 $16,000 $140,800
2015 -- $139,000 $14,500 $124,500
2014 -- $0 $0 $0
2013 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081844

APN: 23-7642-39010