NOT LISTED FOR SALE

726 Fayal Rd Eveleth, MN 55734

Estimated Value: $154,000 - $236,000

3 Beds
1.5 Baths
1,428 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $55,000 $39 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,158/month

11 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Wood Burning Fireplace
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of November 2021

Large brick 3 bedroom home close to everything Eveleth has to offer. Large living room with a fireplace, nice size bedrooms and large open basement ready for whatever you want to do with it. All Highest, Best & final offers must be submitted by 10/3/21

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 09/29/2021

Last Buyer's Agent

Darcie Novak

My Place Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,428 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 040-0115-00170

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take US-53 N, take the MN-37 exit toward Gilbert/Biwabik, turn left onto MN-37 W/Fayal Rd
  • L O1 Office Phone1 Number: 218-878-0583
  • List Price/ Sq Ft: 38.52
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 1428
  • Garage Type: Detached
  • Heat: Fireplace, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1953
  • Level 1 Bedroom: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Bedroom
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Living Room
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1428
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 22x24

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • School District: Eveleth-Gilbert #2154
  • Junior High Dist: Eveleth-Gilbert #2154

Lot Info

  • Geo Update Timestamp: 2021-10-01
  • Estimated Lot Dimensions: 50x125
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 040-0115-00170

Tax Info

  • Tax Amount: 968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 16, 2021
Sold by
Darcie Novak
Bought by
Shmody Investments Llc
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Darcie Novak
My Place Realty, Inc.
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$176,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,735
Avg. Annual Appreciation
35.00%
Original Mortgage
$55,969
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 17, 2021
Sold by
United States Department Of Agriculture
Bought by
Novak Darcie
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Darcie Novak
My Place Realty, Inc.
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,969
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2018
Sold by
Walter Sandra L and Woods Helen C
Bought by
United States Of America and Rural Housing Service

Purchase Details

Closed on
Dec 28, 2009
Sold by
Lepage Eleanor M and Lepage Thomas J
Bought by
Walter Sandra L and Woods Helen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage
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
Shmody Investments Llc $500 None Listed On Document
Novak Darcie $55,000 American Title
United States Of America $51,325 None Available
Walter Sandra L $94,000 Up North Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shmody Investments Llc $55,969
Previous Owner Walter Sandra L $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $55,000 0.0% $39 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $55,000 -- $39 / 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
2023 $2,652 $117,400 $6,500 $110,900
2022 $1,070 $98,700 $5,900 $92,800
2021 $968 $89,100 $5,400 $83,700
2020 $940 $89,100 $5,400 $83,700
2019 $806 $89,100 $5,400 $83,700
2018 $752 $89,100 $5,400 $83,700
2017 $766 $89,100 $5,400 $83,700
2016 $702 $88,500 $5,200 $83,300
2015 $658 $59,200 $3,500 $55,700
2014 $658 $59,200 $3,500 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6099976

APN: 040011500170