NOT LISTED FOR SALE

508 4th Ave Two Harbors, MN 55616

Estimated Value: $212,202 - $239,000

2 Beds
1 Bath
1,700 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $148,800 $88 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,442/month

28 Days on Market

About This Home

As of January 2021

Charming duplex. new windows through out. 5 yr old roof and doors. Private entrances, upper unit has new exterior steps. Large parking area.

Last Agent to Sell the Property

Lynn Larson

Century 21 Atwood Listed on: 10/19/2020

Last Buyer's Agent

Lynn Larson

Century 21 Atwood Listed on: 10/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1888

Lot Details

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

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, sewer
  • Assessor Parcel Number 23-7642-16020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,230

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: waterfront drive to 4th ave. left to property
  • L O1 Office Phone1 Number: 218-722-8221
  • List Price/ Sq Ft: 87.53
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1700
  • F I R E P L A C E2: No
  • Garage Type: None
  • Heat: Boiler, Hot Water, Natural Gas
  • TotalBedrooms: 2
  • MediaType: Duplex
  • Year Built: 1888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1700

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl, Asphalt

Utilities

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

Association/Amenities

  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-10-20
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7642-16020

Rental Info

  • Tenant Expense: Electric, Water, Sewer

Tax Info

  • Tax Amount: 1229.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 11, 2021
Sold by
Bucklew Lisa D
Bought by
Xlr8 Llc
Seller's Agent
Lynn Larson
Century 21 Atwood
Buyer's Agent
Lynn Larson
Century 21 Atwood
List Price
$154,900
Sold Price
$148,800
Premium/Discount to List
-$6,100
-3.94%
Current Estimated Value
$223,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,751
Avg. Annual Appreciation
8.97%
Original Mortgage
$148,800
Outstanding Balance
$132,805
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,746
Source: Public Records

Range of Values:

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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
Xlr8 Llc $148,800 None Available
-- $148,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xlr8 Llc $148,800
Closed -- $148,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $148,800 -3.9% $88 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $154,900 -- $91 / 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 $3,018 $215,300 $20,700 $194,600
2024 $926 $218,500 $20,700 $197,800
2023 $900 $195,000 $18,800 $176,200
2022 $1,464 $171,900 $16,400 $155,500
2021 $1,410 $137,100 $16,400 $120,700
2020 $1,230 $56,000 $16,400 $39,600
2019 $884 $56,000 $16,400 $39,600
2018 $850 $101,200 $16,400 $84,800
2017 $766 $100,100 $16,000 $84,100
2016 $673 $100,100 $16,000 $84,100
2015 $711 $93,100 $14,500 $78,600
2014 $711 $0 $0 $0
2013 $630 $0 $0 $0
2012 $538 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lynn Larson

    Century 21 Atwood

    (218) 722-8221

    43 in this area

    69 Total Sales

    Lynn Larson
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093735

APN: 23-7642-16020

Minnesota Lake County Two Harbors 55616

508 4th Ave, Two Harbors, MN

This home is located at 508 4th Ave, Two Harbors, MN 55616 since 19 October 2020 and is currently estimated at $223,551, approximately $131 per square foot. This property was built in 1888. 508 4th Ave is a home located in Lake County with nearby schools including Minnehaha Elementary School, Two Harbors Secondary, and Northwoods Christian Academy.

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