NOT LISTED FOR SALE

525 7th Ave Two Harbors, MN 55616

Estimated Value: $221,000 - $263,000

2 Beds
1.5 Baths
1,405 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $224,031 $159 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,466/month

12 Days on Market

Highlights

  • City Lights View
  • Bonus Room
  • Lower Floor Utility Room
  • Ranch Style House
  • No HOA
  • Workshop

About This Home

As of May 2022

Located in the center of beautiful Two Harbors, sits this sweet 2 bedroom, 2 bath cottage look home! Walk in the back door to the entryway, into the bright kitchen with plenty of cabinetry and counter space and a place for your table by the window to have your coffee, dine or enjoy looking out at the back yard. The formal dining area has plenty of room for a dining set with built in bookshelves and cabinets, then to the living room with much natural sunlight pouring in to enjoy. The bedrooms and main floor bath are freshly painted and there is new carpet/flooring in both bedrooms, living room and dining room. Closet/storage space is also plentiful in this home. The basement has utility/laundry room, storage rooms, cold storage, a mini kitchen area, and a room that is presently a non-conforming bedroom but could be a nice family room or office space too. The yard is partially fenced and has a garden area by the garage along with lilacs and mature cedar trees.

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 03/09/2022

Last Buyer's Agent

Scott Buckingham

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Property fronts a highway
  • Few Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Decorative Fireplace
  • Vinyl Clad Windows
  • Entryway
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23-7662-39100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,831

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Duluth: Hwy 61 to Two Harbors, take a left on 6th St and a right at the first alley, first home on the right (back entry) From Silver Bay: Hwy 61 to Two Harbors, take a right at 6th St and a right at the first alley, first home on the right. (Back entry) Right across from the Dairy Queen. (front)
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 159.45
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Eat-In Kitchen, Kitchen Center Island, Dryer Hook-Ups, Washer Hook-Ups
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1045
  • Below Grade Finished Sq Ft: 360
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Hot Water, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Workshop
  • Room 11: Other
  • Room 12: Storage Room
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1954
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan/Hood, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Partially Finished, Bath, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen, Formal Dining Room
  • Extra Rooms: Storage Room, Utility Room, Non-Conforming Bedroom, Entry, Bonus Room
  • Fireplace: Yes
  • Den Fireplace Type: Decorative
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Storage Room
  • Room 8: Bonus Room
  • Room 9: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1405
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Curb/Gutters, Highway, Paved, Sidewalk, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Off Street
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 2

Utilities

  • Power Company: City of Two Harbors
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2022-03-09
  • Estimated Lot Dimensions: 50 x 140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light
  • Parcel Number: 23-7662-39100

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1830.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Levno Alex and Levno Briana
Bought by
Schubert Olivia and Schubert Micaiah
Current Estimated Value
$244,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$240,802
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$4,033

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 5, 2022
Sold by
Ruberg Kathryn
Bought by
Levno Alexander and Levno Briana
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Scott Buckingham
Messina & Associates Real Estate
List Price
$224,031
Sold Price
$224,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$179,200
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 2, 2020
Sold by
Dock Catherine L and Dock Gerald
Bought by
Ruberg Kathryn A
Seller's Agent
Darrin Young
Messina & Associates Real Estate
Buyer's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.36%
Original Mortgage
$151,905
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Schubert Olivia $244,000 --
Levno Alexander $224,031 --
Ruberg Kathryn A $159,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schubert Olivia $244,000
Previous Owner Levno Alexander $179,200
Previous Owner Ruberg Kathryn A $151,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2022 05/05/22 Sold $224,031 0.0% $159 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $224,031 +40.1% $159 / Sq Ft
07/10/2020 07/10/20 Sold $159,900 0.0% $114 / Sq Ft View Prior Sale
06/09/2020 06/09/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $159,900 -- $114 / 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
2025 $1,950 $257,500 $36,900 $220,600
2024 $747 $244,300 $35,100 $209,200
2023 $677 $240,200 $31,900 $208,300
2022 $1,910 $205,800 $27,800 $178,000
2021 $1,831 $163,700 $27,800 $135,900
2020 $2,178 $165,500 $27,800 $137,700
2019 $126 $123,200 $27,800 $95,400
2018 $1,199 $123,200 $27,800 $95,400
2017 $1,109 $121,000 $27,000 $94,000
2016 $914 $122,200 $27,000 $95,200
2015 $752 $108,200 $24,600 $83,600
2014 $752 $0 $0 $0
2013 $629 $0 $0 $0
2012 $676 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101598

APN: 23-7642-39100