$125,000
SOLD MAY 2, 2025

717 7th Ave Two Harbors, MN 55616

3 Beds
1 Bath
1,163 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

14% Below List Price

30 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Detached Garage
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Living Room

About This Home

As of May 2025

Welcome to a great opportunity on the main drag in Two Harbors. This 3 bed 1 bath needs work but has a ton of potential. There's a large 20 x 30 garage featuring a workshop area, more off-street parking, a main floor bedroom, forced air gas heat, a gas hot water heater, and a main floor bath. The zoning on 7th Ave makes it possible to get a short term rental license for a VRBO or Airbnb investment. If you're looking for an affordable fixer upper with great money making potential, this is it.

Last Agent to Sell the Property

John Doberstein

RE/MAX Results Listed on: 03/12/2025

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1924

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,163 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23-7662-41120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 7th Ave (Hwy 61) next to Agate City.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 107.48
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1163
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1924
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1163
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 20 x 30

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2025-03-12
  • Estimated Lot Dimensions: 50 x 140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 23-7662-41120

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA, FHA 203k

Tax Info

  • Tax Amount: 1260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 7, 2025
Sold by
Estate Of Daniel P Lusk
Bought by
Carlson Timothy and Carlson Cynthia
Seller's Agent
John Doberstein
RE/MAX Results
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
113
Current Estimated Value
$137,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,870
Avg. Annual Appreciation
25.60%
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 Type Sale Price Title Company
Deed $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $125,000 -13.8% $107 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $145,000 -- $125 / 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 $1,018 $161,500 $36,900 $124,600
2024 $430 $167,500 $35,100 $132,400
2023 $402 $163,700 $31,900 $131,800
2022 $1,107 $145,500 $27,800 $117,700
2021 $1,060 $115,800 $27,800 $88,000
2020 $968 $69,900 $27,800 $42,100
2019 $799 $69,900 $27,800 $42,100
2018 $744 $96,300 $27,800 $68,500
2017 $682 $93,800 $27,000 $66,800
2016 $532 $94,700 $27,000 $67,700
2015 $571 $84,200 $24,600 $59,600
2014 $571 $0 $0 $0
2013 $465 $0 $0 $0
2012 $490 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6118110

APN: 23-7642-41120