NOT LISTED FOR SALE

5249 Mineral Ave Mountain Iron, MN 55768

Estimated Value: $259,000 - $275,929

4 Beds
2 Baths
2,112 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $76,000 $36 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $1,573/month

205 Days on Market

Highlights

  • 5.46 Acre Lot
  • Fireplace
  • 1-Story Property
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Baseboard Heating

About This Home

As of November 2013

Great split entry on large 5.46 ac lot! Deck off the back, fully finished lower level, 4bd/2bth, tiled family room with corner fireplace, kitchen with tons of counter space and more! Nice pond on property. Fannie Mae property! Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing. For more information about HomePath financing and incentives, please visit www.homepath.com.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 04/01/2013

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1960

Lot Details

  • 5.46 Acre Lot
  • Lot Dimensions are 30 x 360 x 330

Parking

  • 2 Car Detached Garage

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 175-0071-03033/03030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Mineral Ave to property.
  • L O1 Office Phone1 Number: 218-740-3116
  • List Price/ Sq Ft: 35.98
  • Property Sub-Type: SF/Detached
  • Tax Year: 2012
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1056
  • Below Grade Finished Sq Ft: 1056
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Natural Gas
  • TotalBedrooms: 4
  • Year Built: 1960
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1056
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Fireplace: Yes
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2112

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: Mt. Iron-Buhl #712
  • Junior High Dist: Mt. Iron-Buhl #712

Lot Info

  • Geo Update Timestamp: 2013-11-15
  • Estimated Lot Dimensions: 30 x 360 x 330
  • Estimated Number of Acres: 5.46
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 175-0071-03033/03030

Tax Info

  • Tax Amount: 1464.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2017
Sold by
Holmes Jeffrey and Holmes Holly L
Bought by
Erickson Gerri Lynn and Erickson Craig William
Current Estimated Value
$269,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 1, 2013
Closed on
Nov 15, 2013
Sold by
Federal National Mortgage Association
Bought by
Holmes Jeffery
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$76,000
Sold Price
$76,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 10, 2012
Sold by
Babcock Robert D and Rheaume Babcock Denise
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 30, 2002
Sold by
Mattson William A and Mattson Virginia W
Bought by
Babcock Robert D and Rheaume Babcock Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
6.24%
Source: Public Records

Range of Values:

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Average Value
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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
Erickson Gerri Lynn $90,000 None Available
Holmes Jeffery -- Land Title
Holmes Jeffery Jeffery $76,000 --
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $145,216 None Available
Babcock Robert D $230,000 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Gerri Lynn $25,000
Open Erickson Gerri Lynn $155,000
Closed Erickson Gerri Lynn $150,000
Previous Owner Holmes Jeffery J $64,441
Previous Owner Babcock Robert D $146,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $76,000 0.0% $36 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $76,000 -- $36 / 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
2023 $1,418 $194,300 $35,100 $159,200
2022 $1,388 $182,100 $35,100 $147,000
2021 $1,382 $151,300 $23,900 $127,400
2020 $1,556 $151,300 $23,900 $127,400
2019 $988 $159,200 $24,400 $134,800
2018 $1,510 $115,800 $24,400 $91,400
2017 $1,368 $115,200 $24,400 $90,800
2016 $1,274 $103,400 $20,800 $82,600
2015 $1,875 $135,600 $22,200 $113,400
2014 $1,875 $135,600 $22,200 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6005361

APN: 175007103033