L
Seller's Agent in 2021
Loren Johnston
Lewis & Clark, LLC
(218) 341-2126
15 in this area
121 Total Sales
523 4th Ave Two Harbors, MN 55616
Estimated Value: $205,000 - $231,000
4
Beds
2
Baths
1,920
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Level Lot
- 3-minute walk to Two Harbors Bandshell Park
About This Home
As of September 2021TWO HARBORS OFFERS Excellent Income Investment with both units on one year leases! This 2 story Duplex is located in a Wonderful Neighborhood and only a short walk to downtown conveniences, Burlington/Agate Bay & the walking trail! Owners have recently installed NEW VINYL SIDING and 11 NEW VINYL WINDOWS! Main floor & upper level w/ 2 bedrooms each & are accommodated with their own stackable washers & dryers. Units are spacious and tenants pay their own gas & electricity & main floor has high efficient gas furnace. **Appreciate the large yard and convenience of off-street parking.
Last Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $741
Year Built
- Built in 1890
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50 x 140
- Level Lot
Parking
- No Garage
Home Design
- Duplex
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
- Crawl Space
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electric, fuel
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Sep 24, 2021
Sold by
Raisanen Willy E and Raisanen Brooklyn
Bought by
523 4Th Ave Llc
Seller's Agent
Loren Johnston
Lewis & Clark, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,934
Avg. Annual Appreciation
8.07%
Original Mortgage
$124,000
Outstanding Balance
$112,831
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$103,103
Purchase Details
Closed on
May 28, 2020
Sold by
Aili Nathaniel J and Aili Amy D
Bought by
Raisanen Willy E and Raisanen Brooklyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 523 4Th Ave Llc | $155,000 | None Available | |
| Raisanen Willy E | $7,000 | None Available | |
| -- | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 523 4Th Ave Llc | $124,000 | |
| Previous Owner | Raisanen Willy E | $107,100 | |
| Closed | -- | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2021 09/29/21 | Sold | $155,000 | -6.1% | $81 / Sq Ft | |
| 08/05/2021 08/05/21 | Pending | -- | -- | -- | |
| 07/23/2021 07/23/21 | For Sale | $165,000 | +254.8% | $86 / Sq Ft | |
| 05/28/2015 05/28/15 | Sold | $46,500 | -16.8% | $24 / Sq Ft | View Prior Sale |
| 05/07/2015 05/07/15 | Pending | -- | -- | -- | |
| 12/23/2014 12/23/14 | For Sale | $55,900 | -- | $29 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $2,710 | $193,800 | $20,700 | $173,100 |
| 2024 | $677 | $196,200 | $20,700 | $175,500 |
| 2023 | $452 | $178,200 | $18,800 | $159,400 |
| 2022 | $1,125 | $156,700 | $16,400 | $140,300 |
| 2021 | $741 | $116,900 | $16,400 | $100,500 |
| 2020 | $1,669 | $89,300 | $14,500 | $74,800 |
| 2019 | $1,751 | $89,300 | $14,500 | $74,800 |
| 2018 | $1,680 | $90,500 | $16,400 | $74,100 |
| 2017 | $1,698 | $88,100 | $16,000 | $72,100 |
| 2016 | $1,614 | $96,200 | $16,000 | $80,200 |
| 2015 | $1,640 | $89,300 | $14,500 | $74,800 |
| 2014 | $1,640 | $0 | $0 | $0 |
| 2013 | $1,376 | $0 | $0 | $0 |
| 2012 | $1,422 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Loren Johnston
-
N
Buyer's Agent in 2021
Nonmember NONMEMBER
Nonmember Office
-
Tony Vatalaro
T
Seller's Agent in 2015
Tony Vatalaro
Evergreen Real Estate, Inc.
(218) 428-7653
42 Total Sales
-
Pat Johnson
P
Buyer's Agent in 2015
Pat Johnson
Market Point Real Estate
(218) 349-9100
53 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6098605
APN: 23-7642-19110
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