$150,000
SOLD OCT 18, 2024

5418 Giorgis Rd Mountain Iron, MN 55768

2 Beds
1 Bath
960 Sq Ft
4.88 Acres

Recently Sold

$156 Per Sq Ft

19% Below List Price

116 Days on Market

Highlights

  • 4.88 Acre Lot
  • Covered Patio or Porch
  • 1-Story Property
  • Deck
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2024

Nestled on 4.88 acres of natural beauty, this secluded home offers an outdoor enthusiast’s dream. Step inside to discover spacious vaulted ceilings that bathe the living space in natural light. The large southern exposure windows flood the home with sunshine. Enjoy your morning coffee on the screen porch, where you’ll gaze out at the tranquil, serene meadow with fragrant apple trees. Includes a steel roof, maintenance-free steel siding & a cozy double-walled wood stove for safety. New septic to be installed. The oversized truck garage boasts an insulated workshop & an interior storage room. This ideal location is only 10 minutes from shopping, yet enveloped in nature’s embrace. A mere 5-minute walk takes you to the Mesabi Trail, while the West Two Rivers Boat Launch and Beach are just 3 miles away. Outdoor enthusiasts will revel in the snowmobile and ATV recreation right outside their door. Whether it’s hunting, fishing, or family adventures, this is your paradise.

Last Agent to Sell the Property

Lynn Voss

Vermilion Land Office Inc License #40188579 Listed on: 04/29/2024

Last Buyer's Agent

Stephanie Mascarenas

Pemberton Real Estate, Inc License #40857676

Pemberton Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 1979

Lot Details

  • 4.88 Acre Lot
  • Irregular Lot
  • Property is zoned UR-NS

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Basement Fills Entire Space Under The House
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 175-0071-01770

Home Details

Home Type

Single Family

Est. Annual Taxes

$820

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Baseboard, Hot Water, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 04/29/2024
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 175-0071-01770
  • Patioporch: Deck, Porch, Covered, Screened
  • Real Estate Tax: 820
  • Style: One Story
  • Total Above Grade Sq Ft: 960
  • Type: Residential
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 960
  • Bedroom 1: Size: 15.8x11.7, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Full, Wood
  • Bedroom 2: Size: 12x11.7, On Level: Main
  • Dining Room: Size: w/kitchen, On Level: Main
  • Fireplace: Free Standing, Wood Burning
  • Kitchen: Size: 22x8.5, On Level: Main
  • Living Room: Size: 20x15, On Level: Main
  • Lower Level Sq Ft: 960
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 960

Exterior Features

  • Exterior: Steel
  • Roof: Metal

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 24x24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Gas

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 824x381
  • Number Of Acres: 4.88
  • Zoning: UR-NS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Oct 15, 2024
Sold by
Lundberg Leslie M and Elliott Leslie Mary
Bought by
Stevens Gregory and Workman Alicia
Seller's Agent
Lynn Voss
Vermilion Land Office Inc
Buyer's Agent
Stephanie Mascarenas
Pemberton Real Estate, Inc
List Price
$186,200
Sold Price
$150,000
Premium/Discount to List
-$36,200
-19.44%
Views
63
Current Estimated Value
$161,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,063
Avg. Annual Appreciation
7.53%
Original Mortgage
$145,500
Outstanding Balance
$122,019
Interest Rate
6.08%
Mortgage Type
Balloon
Estimated Equity
$39,044

Purchase Details

Closed on
Nov 14, 2001
Sold by
Erickson Donald Ray
Bought by
Elliott Leslie Mary
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
Warranty Deed $150,000 Northeast Title
Warranty Deed $150,000 Northeast Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,500 Balloon
Closed $145,500 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $150,000 -11.2% $156 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $169,000 -9.2% $176 / Sq Ft
04/29/2024 04/29/24 For Sale $186,200 -- $194 / Sq Ft
Source: Range Association of 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 $616 $126,200 $36,700 $89,500
2022 $820 $119,300 $36,700 $82,600
2021 $638 $99,100 $25,300 $73,800
2020 $626 $99,100 $25,300 $73,800
2019 $684 $95,900 $25,900 $70,000
2018 $590 $95,900 $25,900 $70,000
2017 $438 $95,900 $25,900 $70,000
2016 $388 $85,300 $22,100 $63,200
2015 $492 $56,300 $14,000 $42,300
2014 $492 $56,300 $14,000 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 146600

Range Association of REALTORS®

APN: 175007101770