NOT LISTED FOR SALE

508 4th Ave Two Harbors, MN 55616

Estimated Value: $205,367 - $242,000

2 Beds
1 Bath
1,700 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 11, 2021

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

Est. 52% increase in value since last sale

Current estimated payment $1,439/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
  • 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

  • Junior High Dist: Lake Superior #381

Lot Info

  • 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
$226,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,792
Avg. Annual Appreciation
8.85%
Original Mortgage
$148,800
Outstanding Balance
$132,805
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,787
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 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

    45 in this area

    74 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

Not Listed for Sale

MultiFamily

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