NOT LISTED FOR SALE

7053 Pettit Rd Gilbert, MN 55741

Estimated Value: $144,000

4 Beds
1.5 Baths
1,536 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $120,000 $78 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $845/month

Highlights

  • 84.93 Acre Lot
  • Central Air
  • Partially Fenced Property
  • 1 Car Detached Garage

About This Home

As of September 2017

Enjoy the breathtaking sunrises & sunsets located on 84.93 acres just minutes away to Gilbert, Virginia, or Biwabik. The Hobby Farm includes a 1.5 story home, 4 BR, 1.5 bath, eat-in kitchen, 2 separate single stall garages, a tractor/work shop outbuilding, & 2 additional outbuildings for your hobby farm and toys. What a spot offering peace, wildlife, hobby farming, hiking & biking trails nearby and the convenience of the Quad Cities. A must see!

Last Agent to Sell the Property

Joyce Giblin

Next Door Realty License #20266725 Listed on: 08/02/2017

Last Buyer's Agent

Paula Mackey

Laurentian Realty License #40092509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $212

Year Built

  • Built in 1929

Lot Details

  • 84.93 Acre Lot
  • Partially Fenced Property
  • Property is zoned R5

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Hardboard

Interior Spaces

  • 1,536 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1.5 Bathrooms

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 260-0015-00460/00470

Home Details

Home Type

Single Family

Est. Annual Taxes

$212

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas - Propane
  • Lvt Date: 07/25/2017
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 260-0015-00460/00470
  • Real Estate Tax: 212.00
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 1536
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1536
  • Bedroom 1: Size: 8 x 9, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Partial, Poured
  • Bedroom 2: Size: 15 x 8, On Level: Upper
  • Bedroom 3: Size: 10 x 9, On Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: Size: 13 x 14, On Level: Kitchen/Dining
  • Living Room: Size: 11 x 23, On Level: Main
  • Lower Level Sq Ft: 864
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 864
  • Other Room 2: BR 4, Size: 10 x 16, On Level: Upper
  • Other Room 3: Laundry, Size: 7 x 13, On Level: Main
  • Upper Level Sq Ft: 672

Exterior Features

  • Exterior: Hard Board
  • Roof: Metal

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 17 x 20

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Eveleth/Gilbert -2909

Lot Info

  • Fencing: Partial
  • Lot Size: Dimensions: 2640x1320
  • Number Of Acres: 84.93
  • Zoning: R5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 15, 2017
Sold by
Schaefbauer Johanna
Bought by
Shaulis Nathaniel P and Shaulis Sarah A
Seller's Agent
Joyce Giblin
Next Door Realty
Buyer's Agent
Paula Mackey
Laurentian Realty
Sold Price
$120,000
Current Estimated Value
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Avg. Annual Appreciation
2.49%
Original Mortgage
$116,400
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Shaulis Nathaniel P $120,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaulis Nathaniel P $110,000
Closed Shaulis Nathaniel P $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $120,000 -- $78 / Sq Ft
08/02/2017 08/02/17 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 $744 $131,700 $48,400 $83,300
2022 $358 $113,200 $39,800 $73,400
2021 $304 $99,800 $39,800 $60,000
2020 $286 $93,100 $39,800 $53,300
2019 $502 $93,100 $39,800 $53,300
2018 $156 $92,700 $39,900 $52,800
2017 $154 $75,100 $50,100 $25,000
2016 $150 $75,100 $50,100 $25,000
2015 $142 $56,600 $40,700 $15,900
2014 $142 $56,800 $40,900 $15,900
Source: Public Records

Agents Affiliated with this Home

  • Joyce Giblin

    Seller's Agent in 2017

    Joyce Giblin

    Next Door Realty

    (218) 780-3142

    48 Total Sales

    Joyce Giblin
    Section Image
  • Paula Mackey

    Buyer's Agent in 2017

    Paula Mackey

    Laurentian Realty

    (218) 780-2778

    61 Total Sales

    Paula Mackey
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 132654

Range Association of REALTORS®

APN: 260001500460

Minnesota St Louis County Gilbert 55741

7053 Pettit Rd, Gilbert, MN

This home is located at 7053 Pettit Rd, Gilbert, MN 55741 since 02 August 2017 and is currently estimated at $144,000, approximately $93 per square foot. This property was built in 1929. 7053 Pettit Rd is a home located in St. Louis County with nearby schools including Nelle Shean Elementary School, Franklin Elementary School, and Eveleth-Gilbert Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® 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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