NOT LISTED FOR SALE

505 8th Ave Two Harbors, MN 55616

Estimated Value: $250,000 - $332,000

4 Beds
2.5 Baths
3,594 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $179,500 $50 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,699/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Area or Nook
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of December 2017

Solid conveniently located Two Harbors home. 4 bedrooms, 2. 5 bathrooms and an oversized 2 car garage. Newer windows, nicely updated kitchen. Wood floor throughout. Nice separate breakfast nook off large kitchen with moveable center island. Three stories with the third being a large bonus room with a half bath. Full bathroom on the second floor, with a 3/4 bath in the basement, along with an additional shower in the laundry room. Large yard has a patio area with a fire pit in the center, and an additional concrete parking space next to the garage. Back yard is fully fenced in for family and/or pets. Large front porch with porch swing for relaxing and inviting friends for a visit. Lots of nice "other" living spaces for discovering your own personal style & use. Agent is related to Seller.

Last Agent to Sell the Property

Tom Muehlberger

Adolphson Real Estate Listed on: 10/11/2017

Last Buyer's Agent

Gigi Maxwell

Legacy Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1903

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced Yard
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Walkup Attic
  • Home Security System
  • Washer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 2Nd Addition Mn Iron Company's Community

Listing and Financial Details

  • Assessor Parcel Number 23-7665-48150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,928

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: To Two Harbors, MN. Through town on main road (7th Ave). Turn left at Dairy Queen 1 block, then right almost to end of the block to 505.
  • L O1 Office Phone1 Number: 218-722-8736
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Security System, Walk-up Attic, Cable TV, Washer Hook-Ups
  • Amenities Exterior: Fenced Yard - Full, Patio, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Poured Concrete
  • FinFootageAboveGrade: 2658
  • Below Grade Finished Sq Ft: 936
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • DevComplexSubName: 2nd Addition MN Iron Company's
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Family Room
  • Room 12: Bathroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 1903
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Third Floor
  • RoomLevel12: Third Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Freezer, Microwave, Range/Stove, Refrigerator
  • Basement Features: Drainage System, Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: 2nd Level
  • Level 2 Three Quarter Bathrooms: 3rd level
  • Bathroom 3 Level: Basement
  • Bathroom Description: 3/4 Basement
  • Formal Dining: Breakfast Nook, Formal Dining Room
  • Fireplace: No
  • Bathroom 1: Foyer
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Other
  • Stories: 3 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3594
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Concrete Block

Garage/Parking

  • Parking Driveway: Driveway - Concrete
  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 50 x 150
  • Estimated Number of Acres: 0.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Light, Telephone
  • Parcel Number: 23-7665-48150

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1928.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Dec 21, 2017
Sold by
James Jimmy J and James Jean V
Bought by
Jenkins Jeffrey A
Seller's Agent
Tom Muehlberger
Adolphson Real Estate
Buyer's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
List Price
$179,500
Sold Price
$179,500
Current Estimated Value
$283,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,420
Avg. Annual Appreciation
5.87%
Original Mortgage
$176,248
Outstanding Balance
$153,107
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$130,813

Purchase Details

Closed on
May 31, 2017
Sold by
James Jimmy J and James Jean V
Bought by
James Jeremy L and James Jimmy J

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 25, 2016
Sold by
Rosati Richard L and Rosati Mary J
Bought by
James Jimmy J and James Jean
Seller's Agent
Tom Muehlberger
Adolphson Real Estate
Buyer's Agent
Tom Muehlberger
Adolphson Real Estate
List Price
$168,000
Sold Price
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$128,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Lundell John P and Lundell Carol A
Bought by
Rosati Richard L and Rosati Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jenkins Jeffrey A $179,500 None Available
James Jeremy L -- None Available
James Jimmy J $168,000 None Available
Rosati Richard L $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Jeffrey A $176,248
Previous Owner James Jimmy J $128,000
Previous Owner Rosati Richard L $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2017 12/21/17 Sold $179,500 0.0% $50 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $179,500 +6.8% $50 / Sq Ft
03/25/2016 03/25/16 Sold $168,000 0.0% $73 / Sq Ft View Prior Sale
02/26/2016 02/26/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $168,000 -- $73 / 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 $2,580 $301,200 $21,800 $279,400
2024 $954 $296,400 $20,700 $275,700
2023 $917 $290,200 $18,800 $271,400
2022 $2,514 $258,300 $16,400 $241,900
2021 $2,419 $199,800 $16,400 $183,400
2020 $2,094 $134,600 $16,000 $118,600
2019 $1,732 $96,100 $16,000 $80,100
2018 $2,081 $151,100 $16,400 $134,700
2017 $1,929 $134,600 $16,000 $118,600
2016 $1,743 $134,800 $16,000 $118,800
2015 $1,633 $119,200 $14,500 $104,700
2014 $1,633 $0 $0 $0
2013 $1,507 $0 $0 $0
2012 $1,583 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6031898

APN: 23-7642-48150