$33,000
SOLD JAN 6, 2025

506 8th Ave Two Harbors, MN 55616

0.08 Acre
$412,500 Price per Acre
3,485 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

10% Below List Price

32 Days on Market

About This Lot

As of January 2025

Are you considering building a “small home” in town? This lot could be the start of making your dream come true! Right in town, but a block off the main drag, you’ll find this vacant lot in the midst of an established Two Harbors neighborhood. Seller had drawings made for a small, 2-level home that offers lake view from the upper floor. This could be a year-round home or a weekend/holiday place! It’s not easy finding small homes in the area, and this opportunity will allow you to customize so that the place is as comfy and accommodating to your lifestyle as you want it to be! (Please call before entering the property.)

Last Agent to Sell the Property

Sheryl Homan

Edina Realty, Inc. - Duluth Listed on: 11/25/2024

Edina Realty, Inc. - Duluth

Co-Listed By

Sadie Olson

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Sheryl Homan

Edina Realty, Inc. - Duluth Listed on: 11/25/2024

Edina Realty, Inc. - Duluth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $400

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x140
  • Level Lot
  • Few Trees

Parking

  • Driveway

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$400

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Senior Community: No
  • Directions: Near the corner of 5th St. & 8th Ave.
  • L O1 Office Phone1 Number: 218-728-7700
  • Planned Unit Development: No
  • New Development Plat Recorded: Yes
  • List Price/ Sq Ft: 412500
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Sidewalk, City

Garage/Parking

  • Parking Driveway: Driveway - Asphalt

Utilities

  • Available Utilities: City Water, City Sewer, Electric, Natural Gas
  • Power Company: Coop Power & Light

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-11-25
  • Estimated Lot Dimensions: 25x140
  • Estimated Number of Acres: 0.08
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Light, Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 8, 2025
Sold by
Hell Donna
Bought by
Guse Bill
Seller's Agent
Sheryl Homan
Edina Realty, Inc. - Duluth
Buyer's Agent
Sheryl Homan
Edina Realty, Inc. - Duluth
List Price
$36,800
Sold Price
$33,000
Premium/Discount to List
-$3,800
-10.33%
Views
45
Current Estimated Value
$42,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,812
Avg. Annual Appreciation
37.73%

Purchase Details

Closed on
Apr 11, 2023
Sold by
Jordon Susie
Bought by
Heil Donna
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $33,000 --
Deed $11,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $33,000 -10.3% $39 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $36,800 -- $44 / 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 $140 $13,500 $10,400 $3,100
2023 $397 $36,800 $9,400 $27,400
2022 $1,083 $94,800 $8,200 $86,600
2021 $1,045 $70,100 $8,200 $61,900
2020 $1,073 $41,100 $8,200 $32,900
2019 $955 $41,100 $8,200 $32,900
2018 $931 $60,900 $8,200 $52,700
2017 $874 $60,200 $8,000 $52,200
2016 $778 $61,100 $8,000 $53,100
2015 $799 $53,200 $7,200 $46,000
2014 $799 $0 $0 $0
2013 $189 $0 $0 $0
2012 $198 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117119

APN: 23-7642-39020