NOT LISTED FOR SALE

606 2nd Ave Two Harbors, MN 55616

Estimated Value: $140,000 - $200,000

4 Beds
2 Baths
1,791 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $90,001 $50 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,043/month

8 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • 2-minute walk to Two Harbors Bandshell Park

About This Home

As of August 2020

Prime opportunity to own this income property located in downtown Two Harbors! This mixed use property can be used as residence or business. The upstairs unit has two bedrooms, one bathroom complete with porch and a loft. This unit has also been tastefully updated with newer flooring and upgraded appliances. The lower unit is a studio with one bedroom, one bathroom and plenty of space. Accompanying the two units is a four car tandem garage that provides an excellent space to store vehicles, toys or additional income for storage. This property is located within close walking distance to local shops, restaurants, parks and a remarkable stretch of Lake Superior shoreline. Schedule a private showing today to ensure you don't miss out on a chance to own this property!

Last Agent to Sell the Property

Julia Shepersky

Messina & Associates Real Estate Listed on: 06/24/2020

Last Buyer's Agent

Jarett Mickelson

Legacy Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1888

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 37x60

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,791 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 18,882 Units

Listing and Financial Details

  • Tenant pays for electric, trash, water, sewer
  • Assessor Parcel Number 23-7660-05024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,173

Year Built

Built in 1888

Lot Details

0

Parking

4

Listing Details

  • Class: MULTI-FAMILY
  • Directions: From 7th Ave, turn right on Waterfront Drive, Right on 2nd Ave, property on left.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 50.25
  • Remodeled Addition: Yes
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1791
  • Garage Type: Attached
  • Heat: Forced Air, Natural Gas
  • Parking Number Garage Spaces: 4
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1791

Exterior Features

  • Exterior: Vinyl

Utilities

  • Power Company: City of Two Harbors
  • Sewer: City
  • Water: City

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-06-26
  • Estimated Lot Dimensions: 37x60
  • Estimated Number of Acres: 0.05
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7660-05024

Rental Info

  • Tenant Expense: Electric, Trash, Water, Sewer

Tax Info

  • Tax Amount: 1173.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 31, 2020
Sold by
Stone Harbor Mgmt
Bought by
Peterson William and Peterson Richelle
Seller's Agent
Julia Shepersky
Messina & Associates Real Estate
Buyer's Agent
Jarett Mickelson
Legacy Real Estate Group LLC
List Price
$90,000
Sold Price
$90,001
Premium/Discount to List
$1
0.001%
Current Estimated Value
$171,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,088
Avg. Annual Appreciation
13.26%

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 21, 2017
Sold by
Peterson Jeffrey S
Bought by
Stone Harbor Management Llc
Seller's Agent
Dee Furo
Legacy Real Estate Group LLC
Buyer's Agent
Larry Peterson
Century 21 Atwood
List Price
$44,900
Sold Price
$37,500
Premium/Discount to List
-$7,400
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.38%
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
Peterson William $90,001 None Available
Stone Harbor Management Llc $37,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $90,001 0.0% $50 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $90,000 +140.0% $50 / Sq Ft
04/21/2017 04/21/17 Sold $37,500 -16.5% $43 / Sq Ft View Prior Sale
04/12/2017 04/12/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $44,900 -- $52 / 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 $1,588 $134,100 $23,300 $110,800
2024 $459 $102,600 $9,800 $92,800
2023 $513 $103,700 $9,800 $93,900
2022 $1,713 $103,700 $9,800 $93,900
2021 $1,079 $89,700 $8,700 $81,000
2020 $1,173 $59,500 $8,700 $50,800
2019 $1,152 $59,500 $8,700 $50,800
2018 $920 $59,500 $8,700 $50,800
2017 $851 $59,500 $8,700 $50,800
2016 $870 $59,500 $8,700 $50,800
2015 $875 $59,500 $8,700 $50,800
2014 $875 $0 $0 $0
2013 $790 $0 $0 $0
2012 $824 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091168

APN: 23-7642-05024