$199,500
SOLD FEB 10, 2025

532 6th St Two Harbors, MN 55616

4 Beds
2 Baths
1,646 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

11% Below List Price

42 Days on Market

Highlights

  • 25 Feet of Waterfront
  • No HOA
  • Shared Waterfront
  • Home fronts a creek
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2025

Investment opportunity! Well-maintained, cash-flowing duplex in Two Harbors, with tenants already in place in both units (and wanting to stay). Each unit features 2 bedrooms and 1 bath. The property includes off-street parking. Showings require 24-hour notice. Please note that all measurements are approximate and should be verified by the buyer or their agent. The property boasts approximately 25 feet of Skunk Creek frontage running through the front yard. A great investment opportunity in a prime location! Also zoned B1, which can be beneficial to the next owner!

Last Agent to Sell the Property

Timothy Bott

RE/MAX Professionals - Two Harbors Listed on: 11/18/2024

Last Buyer's Agent

Valerie Hughes-Berg

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1893

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Home fronts a creek
  • 25 Feet of Waterfront

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,646 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Shared Waterfront

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for internet service, electric, fuel
  • Assessor Parcel Number 23-7661-29080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,278

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: From Hwy 61/7th Ave, turn on at stoplights on 6th street towards the lake. Property is 1 block down on your left. Kiddie-corner from the Blackwoods parking lot.
  • L O1 Office Phone1 Number: 218-834-5144
  • List Price/ Sq Ft: 121.2
  • Tax Year: 2024
  • Lot Description Waterfront: Yes
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1646
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1646

Exterior Features

  • Road Frontage: City, Paved, Street Lights
  • Waterfront Access: Public
  • Water Frontage In Feet: 25
  • Waterfront Name: Skunk Creek
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel

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: 2024-11-19
  • Estimated Lot Dimensions: 50 x 140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7661-29080
  • Waterfront Type: Creek/Stream

Rental Info

  • Tenant Expense: Internet Service, Electric, Fuel

Tax Info

  • Tax Amount: 2278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 30, 2025
Sold by
Nordean Chad and Macey Nordean
Bought by
Lak Properties Llc
Seller's Agent
Timothy Bott
RE/MAX Professionals - Two Harbors
Buyer's Agent
Valerie Hughes-Berg
RE/MAX Results
List Price
$225,000
Sold Price
$199,500
Premium/Discount to List
-$25,500
-11.33%
Views
30
Current Estimated Value
$200,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767
Avg. Annual Appreciation
2.51%
Original Mortgage
$149,625
Outstanding Balance
$149,365
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$52,620

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 27, 2022
Sold by
Fransen Elizabeth
Bought by
Nordean Chad and Nordean Macey
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Ruth Rabold
Century 21 Atwood
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$140,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2018
Sold by
Aho Norma J
Bought by
Fransen Jeremiah W and Fransen Elizabeth M

Purchase Details

Closed on
Aug 29, 2015
Sold by
Aho Norma Norma
Bought by
Fransen Jeremiah Jeremiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.84%
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 Type Sale Price Title Company
Deed $199,500 --
Deed $175,000 --
Warranty Deed $37,000 --
Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,625 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $37,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $199,500 -7.2% $121 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/08/2024 12/08/24 Price Changed $215,000 -4.4% $131 / Sq Ft
11/18/2024 11/18/24 For Sale $225,000 +28.6% $137 / Sq Ft
05/27/2022 05/27/22 Sold $175,000 0.0% $106 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $175,000 -- $106 / 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
2024 $804 $186,500 $19,300 $167,200
2023 $568 $169,100 $15,500 $153,600
2022 $1,689 $108,300 $13,500 $94,800
2021 $1,629 $88,400 $13,500 $74,900
2020 $1,539 $47,675 $12,075 $35,600
2019 $923 $47,675 $12,075 $35,600
2018 $900 $47,700 $12,100 $35,600
2017 $847 $47,200 $11,800 $35,400
2016 $1,108 $48,000 $11,800 $36,200
2015 $1,129 $61,300 $10,700 $50,600
2014 $1,129 $0 $0 $0
2013 $1,106 $0 $0 $0
2012 $1,143 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117052

APN: 23-7642-29080