NOT LISTED FOR SALE

714 3rd Ave Two Harbors, MN 55616

Estimated Value: $164,000 - $217,000

3 Beds
2 Baths
1,928 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $129,900 $67 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,182/month

7 Days on Market

Highlights

  • Detached Garage
  • Baseboard Heating
  • 3-minute walk to Two Harbors Bandshell Park
  • Forced Air Heating System

About This Home

As of September 2021

Talk about old world charm! Located in the heart of the Brewery District and just a 5 minute stroll to either downtown waterfront, 7th Ave shopping or the miles of parks and paths that line the shore of Lake Superior. While layout is set up as an Up-Down duplex with 2 beds, 1 bath in each unit, it could also function as a large single family. In addition, there is room on the 3rd floor to create a non confirming or owners studio. Big yard for tenant parking or a future owners garage. With some updates there is opportunity to immediately capitalize on a local rental market seriously short on supply and high on demand. Easy to show, call for a private showing today!

Last Agent to Sell the Property

Dee Furo

Legacy Real Estate Group LLC Listed on: 05/25/2021

Last Buyer's Agent

Jon Chapek

Odyssey Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1898

Lot Details

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

Parking

  • Detached Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Space Heater
  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 23-7660-11040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,355

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: 7TH Ave in Two Harbors, south on 7th St, right on 3rd Ave, property on south side of Ave
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 67.38
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1928
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Forced Air, Space/Wall Heater, Natural Gas
  • TotalBedrooms: 3
  • MediaType: Duplex
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Posts
  • Stories: 2.25 - 2.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1928

Exterior Features

  • Construction Status: Previously Owned
  • 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: 2021-05-25
  • Estimated Lot Dimensions: 50X140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7660-11040

Rental Info

  • Tenant Expense: Other

Tax Info

  • Tax Amount: 1354.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 17, 2021
Sold by
Fischer Timothy L
Bought by
Feist Rodney W and Feist Renee M
Seller's Agent
Dee Furo
Legacy Real Estate Group LLC
Buyer's Agent
Jon Chapek
Odyssey Real Estate Group
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$199,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,762
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jul 31, 2018
Sold by
Magnuson Gustaf R and Magnuson Meredith J
Bought by
Fischer Timothy L
Seller's Agent
Larry Peterson
Century 21 Atwood
Buyer's Agent
Larry Peterson
Century 21 Atwood
List Price
$62,000
Sold Price
$62,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.04%
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
Feist Rodney W $129,900 None Available
Fischer Timothy L $62,000 --
Feist Rodney Rodney $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Feist Rodney Rodney $118,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $129,900 0.0% $67 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $129,900 +109.5% $67 / Sq Ft
07/31/2018 07/31/18 Sold $62,000 0.0% $17 / Sq Ft View Prior Sale
07/06/2018 07/06/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $62,000 -- $17 / 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 $1,424 $198,000 $20,700 $177,300
2024 $622 $200,900 $20,700 $180,200
2023 $513 $210,100 $18,800 $191,300
2022 $1,405 $170,100 $16,400 $153,700
2021 $1,355 $133,600 $16,400 $117,200
2020 $1,179 $109,180 $16,380 $92,800
2019 $1,019 $109,180 $16,380 $92,800
2018 $530 $109,200 $16,400 $92,800
2017 $495 $106,400 $16,000 $90,400
2016 $389 $108,000 $16,000 $92,000
2015 $422 $100,500 $14,500 $86,000
2014 $422 $0 $0 $0
2013 $686 $0 $0 $0
2012 $719 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097066

APN: 23-7642-11040