NOT LISTED FOR SALE

701 7th Ave Two Harbors, MN 55616

Estimated Value: $248,818 - $298,000

3 Beds
2 Baths
1,948 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2015

Last sale price $100,000 $51 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,815 / mo

42 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Wood Siding

About This Home

As of February 2015

Wonderful 2 Story! Main floor has hardwood floors, eat in kitchen, nice Dining room and Living room and a one bedroom with attached bath. Upper unit is all new windows, new carpet 2 Bedroom with eat in kitchen, LR and a nice full bath. Basement has laundry hook ups and separate electrical for all units. Great condition, lots of off street parking. Would make for a great owner occupied or a business downstairs and live upstairs. Lower unit is occupied, 24 hour notice for that one.

Last Agent to Sell the Property

Sue Bott

RE/MAX Prodigy Listed on: 12/10/2014

Last Buyer's Agent

Kay McGiverin

CENTURY 21 Gilderman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1902

Lot Details

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

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property

Finished Basement

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

Location

  • Ground Level
  • Upper Level

Additional Features

  • Porch
  • Boiler Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 23-7642-41165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,088

Year Built

Built in 1902

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Parcel Number: 23-7642-41165
  • Rental License: Yes
  • Stories: 2 Story
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1948
  • Total Fin Square Footage: 1948
  • Total Square Footage: 1948

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Exterior Amenities: Porch

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 50x140

Rental Info

  • Tenant Expense: Electric

Building Info

  • Year Built: 1902

Tax Info

  • Year: 2014
  • Tax Value: 2087.94

MLS Schools

  • School District: Lake Superior #381

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Feb 13, 2015
Seller's Agent
Sue Bott
RE/MAX Prodigy
Buyer's Agent
Kay McGiverin
CENTURY 21 Gilderman
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Current Estimated Value
$278,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,955
Avg. Annual Appreciation
9.45%
Original Mortgage
$100,000
Outstanding Balance
$75,953
Interest Rate
3.85%
Estimated Equity
$203,002
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $100,000 -16.7% $51 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $120,000 -- $62 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,700 $267,200 $36,900 $230,300
2024 $1,154 $246,500 $35,100 $211,400
2023 $1,130 $243,000 $31,900 $211,100
2022 $3,237 $215,700 $27,800 $187,900
2021 $3,111 $169,400 $27,800 $141,600
2020 $2,352 $113,300 $24,600 $88,700
2019 $2,127 $109,900 $27,800 $82,100
2018 $2,434 $109,900 $27,800 $82,100
2017 $2,251 $127,600 $27,000 $100,600
2016 $2,048 $127,600 $27,000 $100,600
2015 $2,176 $113,300 $24,600 $88,700
2014 $2,176 $0 $0 $0
2013 $3,555 $0 $0 $0
2012 $3,417 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sue Bott

    RE/MAX

  • K

    Buyer's Agent in 2015

    Kay McGiverin

    CENTURY 21 Gilderman

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4703482

REALTOR® Association of Southern Minnesota

APN: 23-7642-41165

Minnesota Lake County Two Harbors 55616

701 7th Ave, Two Harbors, MN

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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