NOT LISTED FOR SALE

605 2nd Ave Two Harbors, MN 55616

Estimated Value: $206,712 - $211,000

3 Beds
3 Baths
1,506 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 31, 2013

Last sale price $45,000 $30 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $1,310/month

744 Days on Market

Highlights

  • Newly Remodeled
  • Forced Air Heating System
  • Wood Siding
  • City Lights View
  • Level Lot
  • 1-minute walk to Two Harbors Bandshell Park

About This Home

As of March 2013

Former beauty salon with 2 rental units in heart of downtown Two Harbors. The beauty shop equipment has been removed and can be used as a rental unit. Cedar shake siding, new roof shingles in 2002, and updated electrical.

Last Agent to Sell the Property

Joan Burke

Joan Burke Realty Listed on: 02/23/2011

Last Buyer's Agent

Joan Burke

Joan Burke Realty Listed on: 02/23/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1893 | Newly Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot

Home Design

  • Side-by-Side
  • Wood Frame Construction
  • Wood Siding
  • Concrete Block And Stucco Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,506 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for trash
  • Assessor Parcel Number 23-7642-10150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$872

Year Built

Built in 1893 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: From Highway 61, right on Waterfront Drive to Second Avenue. Adjacent to the 3M building museum.
  • L O1 Office Phone1 Number: 218-834-5822
  • List Price/ Sq Ft: 29.88
  • Tax Year: 2011
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 1506
  • F I R E P L A C E2: No
  • Upper Level Totals:Fireplace3: No
  • Garage Type: None
  • Heat: Forced Air, Natural Gas, Electric
  • New Development: Yes
  • Reso Roof: Other
  • TotalBedrooms: 3
  • MediaType: Multi-Family
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Other
  • Estimated Basement Sq Ft: 1026
  • Basement Style: Crawl Space
  • Stories: 2 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1506

Exterior Features

  • Road Frontage: Curb/Gutters, Paved, Sidewalk
  • Exterior: Stone, Wood

Garage/Parking

  • Parking Driveway: Off Street, Street

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2013-04-03
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Lot Description: Level
  • Parcel Number: 23-7642-10150

Rental Info

  • Tenant Expense: Trash

Tax Info

  • Tax Amount: 872.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2017
Sold by
Carlson Higgins Christie R
Bought by
Rare Rock Investments Llc
Current Estimated Value
$208,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 23, 2011
Closed on
Mar 28, 2013
Sold by
Carlson Doris W
Bought by
Thomas Tony L and Thomas Sheila R
Seller's Agent
Joan Burke
Joan Burke Realty
Buyer's Agent
Joan Burke
Joan Burke Realty
List Price
$79,900
Sold Price
$45,000
Premium/Discount to List
-$34,900
-43.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$40,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rare Rock Investments Llc $45,000 None Available
Thomas Tony L $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rare Rock Investments Llc $862,500
Previous Owner Thomas Tony L $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2013 03/31/13 Sold $45,000 -43.7% $30 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/23/2011 02/23/11 For Sale $79,900 -- $53 / 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 $2,390 $169,800 $20,700 $149,100
2024 $690 $173,000 $20,700 $152,300
2023 $675 $145,300 $18,800 $126,500
2022 $1,962 $128,700 $16,400 $112,300
2021 $2,029 $102,700 $16,400 $86,300
2020 $1,766 $76,700 $16,000 $60,700
2019 $150 $76,700 $16,000 $60,700
2018 $1,463 $77,500 $16,400 $61,100
2017 $1,376 $76,700 $16,000 $60,700
2016 $361 $78,000 $16,000 $62,000
2015 $382 $71,500 $14,500 $57,000
2014 $382 $0 $0 $0
2013 $1,057 $0 $0 $0
2012 $970 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joan Burke

    Joan Burke Realty

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 157498

APN: 23-7642-10150

Minnesota Lake County Two Harbors 55616

605 2nd Ave, Two Harbors, MN

This home is located at 605 2nd Ave, Two Harbors, MN 55616 since 23 February 2011 and is currently estimated at $208,678, approximately $138 per square foot. This property was built in 1893. 605 2nd Ave is a home located in Lake County with nearby schools including Minnehaha Elementary School, Two Harbors Secondary, and Northwoods Christian Academy.

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