520 7th Ave Two Harbors, MN 55616
Estimated payment $2,155/month
About This Home
Welcome to your next great investment — or your next great home. This beautifully renovated, fully furnished 3-bedroom, 2-bathroom property nestled in the heart of downtown Two Harbors is as perfect for a growing family as it is for savvy investors. Active short-term rental properties in this beloved North Shore destination are incredibly rare, and finding one that is truly turnkey — furniture, décor, and everything in between already in place — is even rarer. Whether you're looking for a full-time residence, a vacation getaway that pays for itself, or a high-demand addition to your rental portfolio, you can start living or earning from day one. Burlington Bay Beach is just 2 blocks away and Agate Bay Beach and Lighthouse Point only 7 blocks to the south, with downtown shops and dining right outside the door and convenient off-street parking for you and your guests. However you choose to use it, this is the opportunity you've been waiting for on the shores of Lake Superior.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,768
Year Built
- Built in 1908
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 70x75
Parking
- 1
Interior Spaces
- 1-Story Property
Kitchen
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Listing and Financial Details
- Assessor Parcel Number 23-7661-36025
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,768 | $265,400 | $26,400 | $239,000 |
| 2024 | $965 | $272,700 | $31,100 | $241,600 |
| 2023 | $934 | $203,200 | $28,200 | $175,000 |
| 2022 | $2,005 | $178,300 | $24,600 | $153,700 |
| 2021 | $1,444 | $129,800 | $24,600 | $105,200 |
| 2020 | $658 | $44,000 | $24,600 | $19,400 |
| 2019 | $678 | $44,000 | $24,600 | $19,400 |
| 2018 | $644 | $89,100 | $24,600 | $64,500 |
| 2017 | $577 | $87,800 | $23,900 | $63,900 |
| 2016 | $489 | $87,900 | $23,900 | $64,000 |
| 2015 | $520 | $81,500 | $21,700 | $59,800 |
| 2014 | $520 | $0 | $0 | $0 |
| 2013 | $332 | $0 | $0 | $0 |
| 2012 | $353 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/13/2026 04/13/26 | Price Changed | $344,900 | -1.4% | $276 / Sq Ft | |
| 03/14/2026 03/14/26 | For Sale | $349,900 | +27.2% | $280 / Sq Ft | |
| 01/03/2024 01/03/24 | Sold | $275,000 | 0.0% | $204 / Sq Ft | View Prior Sale |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- | |
| 11/12/2023 11/12/23 | For Sale | $275,000 | +525.0% | $204 / Sq Ft | |
| 03/02/2020 03/02/20 | Sold | $44,000 | 0.0% | $38 / Sq Ft | View Prior Sale |
| 11/27/2019 11/27/19 | Pending | -- | -- | -- | |
| 07/16/2019 07/16/19 | For Sale | $44,000 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $275,000 | -- | |
| Warranty Deed | $161,000 | None Available | |
| Deed | $44,000 | -- | |
| Deed | $128,800 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Previous Owner | $128,800 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | -- | No Value Available | |
| Closed | $96,600 | No Value Available |
Source: Lake Superior Area REALTORS®
MLS Number: 6124043
APN: 23-7642-36025
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Ask me questions while you tour the home.