NOT LISTED FOR SALE

5450 Park Dr Mountain Iron, MN 55768

Estimated Value: $192,517 - $245,000

4 Beds
2.5 Baths
2,092 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $110,000 $53 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,267/month

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Patio

About This Home

As of July 2015

This charming home is a must see! Located in a coveted area it features 4 bedrooms including one on the main floor, large open kitchen, an attached garage, large backyard with eastern fence facing the woods and ample PRIVACY! A new wood fireplace adorns the charming family area in the basement with sliding doors that lead to the over-sized back yard. A new roof last year, newer flooring throughout most of the home, TONS of storage and even a sauna in the basement. All that is left is moving in!

Last Agent to Sell the Property

Darcie Novak

My Place Realty Inc License #20549397 Listed on: 04/27/2015

Last Buyer's Agent

Marcy Johnson

Johnson Hometown Realty License #40548574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $734

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,092 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 175-0055-00090

Home Details

Home Type

Single Family

Est. Annual Taxes

$734

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Forced Air
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 175-0055-00090
  • Patioporch: Patio
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 734.00
  • Style: Multi-Level
  • Total Above Grade Sq Ft: 1840
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2092
  • Bedroom 1: Size: 11x9, On Level: Main
  • Total Bathrooms: 2.5
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Partial
  • Bedroom 2: Size: 17x12, On Level: Upper
  • Bedroom 3: Bedroom 3, Size: 13x10, On Level: Upper
  • Dining Room: Size: 9x9, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 14.5x12.5, On Level: Main
  • Living Room: Size: 23x10.5, On Level: Main
  • Lower Level Sq Ft: 504
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 1080
  • Other Room 2: Bedroom 4, Size: 13x10, On Level: Upper
  • Other Room 3: Foyer, Size: 8x8, On Level: Main
  • Rec Room: Size: 20x15.5, On Level: Lower
  • Upper Level Sq Ft: 760

Exterior Features

  • Exterior: Partial Brick, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 20x18

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer
  • Water Heater: Gas

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Fencing: Chain Link
  • Lot Size: Dimensions: 120x50
  • Number Of Acres: 0.14
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jul 31, 2015
Sold by
Erickson Kevin and Erickson Kimberly
Bought by
Reitmeier Matthew and Reitmeier Nadeana
Seller's Agent
Darcie Novak
My Place Realty Inc
Buyer's Agent
Marcy Johnson
Johnson Hometown Realty
Sold Price
$110,000
Current Estimated Value
$216,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,238
Avg. Annual Appreciation
6.53%
Original Mortgage
$108,007
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2010
Sold by
Emg Investment Group Llc
Bought by
Erickson Kevin and Erickson Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2007
Sold by
Paschke William D and Paschke Lori K
Bought by
Emg Investment Group Llc
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
Reitmeier Matthew $110,000 All American Title Co Inc
Erickson Kevin $90,000 All American Title Company
Erickson Kevin $90,000 Up North Title
Emg Investment Group Llc $125,000 Up North Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reitmeier Matthew $120,000
Previous Owner Reitmeier Matthew $108,007
Previous Owner Erickson Kevin $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $110,000 -- $53 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
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 $1,000 $156,600 $14,000 $142,600
2022 $958 $146,500 $14,000 $132,500
2021 $954 $121,300 $12,500 $108,800
2020 $978 $121,300 $12,500 $108,800
2019 $1,052 $119,900 $12,500 $107,400
2018 $930 $119,900 $12,500 $107,400
2017 $866 $119,900 $12,500 $107,400
2016 $788 $115,200 $12,500 $102,700
2015 $734 $73,000 $9,000 $64,000
2014 $687 $70,500 $8,900 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 126376

Range Association of REALTORS®

APN: 175005500090