NOT LISTED FOR SALE

551 E 39th St Hibbing, MN 55746

Estimated Value: $108,000 - $160,917

3 Beds
1 Bath
1,512 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 27, 2024

Last sale price $90,000 $60 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $831/month

170 Days on Market

Highlights

  • 0.42 Acre Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of May 2024

3 Bedroom rambler with an eat in kitchen on a nice lot. 2 stall garage.

Last Agent to Sell the Property

Anita Raushel

Iron Country Realty License #40196962 Listed on: 10/30/2023

Last Buyer's Agent

Matt Rengstorf

Perrella & Associates License #40752619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1950

Lot Details

  • 0.42 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 140-0035-00415

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Forced Air
  • Lvt Date: 10/30/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 140-0035-00415
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 2066
  • Style: One Story
  • Type: Residential
  • Year Built: 1950
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1512
  • Bedroom 1: Size: 9X9, On Level: Main
  • Total Bathrooms: 1
  • Basement: Block, Full
  • Bedroom 2: Size: 8X11, On Level: Main
  • Bedroom 3: Size: 11X12, On Level: Main
  • Dining Room: On Level: Main
  • Kitchen: Size: 13X13, On Level: Main
  • Living Room: Size: 13x19, On Level: Main
  • Main Level Bedrooms: 3
  • Rec Room: Size: 13X23, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24X26

Utilities

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

Lot Info

  • Lot Size: Dimensions: 65x280
  • Number Of Acres: 0.42
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
May 17, 2024
Sold by
Federal Home Loan Mtg Corp
Bought by
Milani Meghan and Milani Nathaniel
Seller's Agent
Anita Raushel
Iron Country Realty
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$145,900
Sold Price
$90,000
Premium/Discount to List
-$55,900
-38.31%
Views
316
Current Estimated Value
$142,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,729
Avg. Annual Appreciation
33.17%
Original Mortgage
$101,850
Outstanding Balance
$100,410
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$42,319

Purchase Details

Closed on
Mar 1, 2022
Sold by
Giacobbi Kevin J
Bought by
Pnc Mortgage and Pnc Bank

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bartz Russell M and Bartz Elsie
Bought by
Giacobbi Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,100
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Bartz Russell M and Bartz Elsie
Bought by
Giacobbi Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Milani Meghan $105,000 American Title
Pnc Mortgage $85,691 --
Giacobbi Kevin J $72,000 --
Giacobbi Kevin J $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milani Meghan $101,850
Previous Owner Giacobbi Kevin J $75,100
Previous Owner Giacobbi Kevin J $71,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2024 05/27/24 Sold $90,000 +0.1% $60 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $89,900 -21.8% $59 / Sq Ft
02/23/2024 02/23/24 Price Changed $114,900 -21.2% $76 / Sq Ft
01/29/2024 01/29/24 For Sale $145,900 +62.1% $96 / Sq Ft
12/23/2023 12/23/23 Off Market $90,000 -- --
10/30/2023 10/30/23 For Sale $145,900 -- $96 / 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
2024 $1,020 $129,200 $21,600 $107,600
2023 $1,020 $125,000 $21,600 $103,400
2022 $2,036 $118,300 $20,500 $97,800
2021 $988 $99,400 $20,500 $78,900
2020 $844 $99,400 $20,500 $78,900
2019 $640 $92,400 $20,500 $71,900
2018 $504 $82,600 $20,500 $62,100
2017 $474 $75,900 $22,000 $53,900
2016 $460 $74,600 $21,600 $53,000
2015 $472 $44,800 $13,000 $31,800
2014 $472 $45,300 $11,500 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 146005

Range Association of REALTORS®

APN: 140003500415