NOT LISTED FOR SALE

516 E 28th St Hibbing, MN 55746

Estimated Value: $61,000 - $87,000

2 Beds
1 Bath
1,080 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $51,000 $47 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $519/month

34 Days on Market

About This Home

As of October 2021

Check out this two bedroom one bath home. Main level features a living room, dining room, kitchen, bath and two bedrooms. The lower level has laundry, workshop/craft room and a rec room. The rec room with added egress could potentially be a third bedroom. This home is a great starter or downsizing home. Call today for your personal tour.

Last Agent to Sell the Property

Danielle Randa-Sauter

Northbound Realty LLC License #40555101 Listed on: 07/16/2021

Last Buyer's Agent

Amy Spampinato

RE/MAX Professionals License #40284359

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152

Year Built

  • Built in 1947

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 140-0240-01660

Home Details

Home Type

Single Family

Est. Annual Taxes

$152

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Hot Water
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 140-0240-01660
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 152
  • Style: One Story
  • Type: Residential
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1080
  • Bedroom 1: Size: 10'3X10'2, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Basement: Block, Full
  • Bedroom 2: Size: 11'6X9'4, On Level: Main
  • Kitchen: Size: 11'9X8', On Level: Main
  • Living Room: Size: 10'8X18'2, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Work RM, Size: 11'2X8'3, On Level: Lower
  • Rec Room: Size: 10'11X11'4, On Level: Lower

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Garage/Parking

  • Garage: 1 Stall
  • Garage Capacity: 1
  • Garage Size: 13X20

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 65x60
  • Number Of Acres: 0.08
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Yordy Elaine I and Hughes Chad A
Bought by
Midwest Investments Llc
Current Estimated Value
$83,574

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 7, 2021
Sold by
Anderson Dana T and Anderson Pamela D
Bought by
Hughes Chad A and Yordy Elaine I
Seller's Agent
Danielle Randa-Sauter
Northbound Realty LLC
Buyer's Agent
Amy Spampinato
RE/MAX Professionals
List Price
$65,000
Sold Price
$51,000
Premium/Discount to List
-$14,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$40,800
Interest Rate
4%
Mortgage Type
New Conventional
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
Midwest Investments Llc $500 None Listed On Document
Hughes Chad A $51,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Chad A $40,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $51,000 -14.9% $47 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $59,900 -7.8% $55 / Sq Ft
07/16/2021 07/16/21 For Sale $65,000 -- $60 / Sq Ft
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
2024 $970 $61,000 $8,400 $52,600
2023 $970 $58,000 $8,300 $49,700
2022 $868 $50,000 $8,300 $41,700
2021 $152 $42,600 $8,300 $34,300
2020 $150 $39,700 $8,300 $31,400
2019 $154 $39,700 $8,300 $31,400
2018 $154 $41,600 $10,500 $31,100
2017 $156 $41,600 $10,500 $31,100
2016 $154 $43,500 $10,700 $32,800
2015 $148 $26,100 $6,400 $19,700
2014 $148 $25,100 $6,400 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 141908

Range Association of REALTORS®

APN: 140024001660