NOT LISTED FOR SALE

5154 Mesabi Ln Hibbing, MN 55746

Estimated Value: $34,000 - $156,000

0.37 Acre
$202,703 Price per Acre
16,117 Sq Ft Lot

Last Sold February 21, 2025

Last sale price $35,000

Est. 114% increase in value since last sale

Current estimated payment $437/month

491 Days on Market

About This Lot

As of February 2025

Double lots for sale for single family residential. Newer development! Home Owners' Association (HOA) dues for lawn care, snow plowing and care of common land areas ($50/mo.) Own your own large lot! Disclosures and Association Docs available. Use your own builder/contractor.

Last Agent to Sell the Property

Marcy Johnson

Johnson Hometown Realty License #40548574 Listed on: 10/05/2023

Co-Listed By

Wayne Johnson

Johnson Hometown Realty License #90273

Last Buyer's Agent

Greg Perrella

Perrella & Associates License #91811

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $270

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 127 x 155
  • Level Lot
  • Irregular Lot
  • Property is zoned PUD

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$270

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 10/05/2023
  • Real Estate Tax: 40
  • Type: Residential
  • Lot Size Length: 127
  • Lot Size Width: 155
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: City Sewer, City Water, Electricity, Gas

Schools

  • School District: Hibbing

Lot Info

  • Number Of Acres: 0.37
  • Zoning: PUD
  • Improvements: Curb, Paved Road, Common Areas
  • Land Description: Newer Development, mostly level, roads, curbs & gutters in. City utilities-water, sewer, gas & elec.
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Feb 21, 2025
Sold by
Korpi Kenneth D and Korpi Paula K
Bought by
Eagle Eye Properties Llc
Seller's Agent
Marcy Johnson
Johnson Hometown Realty
Buyer's Agent
Greg Perrella
Perrella & Associates
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Views
73
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
73.87%

Purchase Details

Closed on
Oct 24, 2022
Sold by
Willard James J and Willard Jennifer L
Bought by
Korpi Kenneth D and Korpi Paula K

Purchase Details

Closed on
Jun 28, 2021
Sold by
Jp Development Llc
Bought by
Willard James J and Willard Jennifer L
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 Buyer Sale Price Title Company
Eagle Eye Properties Llc $35,000 Sellman Title
Korpi Kenneth D $35,000 Sellman Title
Willard James J $65,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $35,000 -12.3% --
02/12/2025 02/12/25 Price Changed $39,900 0.0% --
02/07/2025 02/07/25 Pending -- -- --
10/05/2023 10/05/23 For Sale $39,900 -- --
Source: Range Association of 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
2023 $270 $1,300 $1,300 $0
2022 $14 $1,200 $1,200 $0
2021 $28 $1,200 $1,200 $0
2020 $254 $1,200 $1,200 $0
2019 $248 $11,700 $11,700 $0
2018 $244 $11,700 $11,700 $0
2017 $240 $11,700 $11,700 $0
2016 $234 $11,700 $11,700 $0
2015 $187 $10,100 $10,100 $0
2014 $187 $9,200 $9,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcy Johnson

    Seller's Agent in 2025

    Marcy Johnson

    Johnson Hometown Realty

    (218) 969-6574

    119 in this area

    211 Total Sales

    Marcy Johnson
    Section Image

  • W

    Seller Co-Listing Agent in 2025

    Wayne Johnson

    Johnson Hometown Realty

    (218) 969-6573

    107 in this area

    204 Total Sales

    Wayne Johnson
    Section Image
  • Greg Perrella

    Buyer's Agent in 2025

    Greg Perrella

    Perrella & Associates

    (218) 295-2240

    64 in this area

    123 Total Sales

    Greg Perrella
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 145910

Range Association of REALTORS®

APN: 141018500230

Minnesota St Louis County Hibbing 55746

5154 Mesabi Ln, Hibbing, MN

This home is located at 5154 Mesabi Ln, Hibbing, MN 55746 since 05 October 2023 and is currently estimated at $75,000. 5154 Mesabi Ln is a home located in St. Louis County with nearby schools including Greenhaven Elementary School, Lincoln Elementary School, and Washington Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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