NOT LISTED FOR SALE

732 9th Ave Two Harbors, MN 55616

Estimated Value: $238,000 - $323,000

4 Beds
3 Baths
1,736 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $129,000 $74 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,825/month

6 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Satellite Dish
  • Corner Lot
  • Space Heater
  • 3-minute walk to Agate Bay Beach Park

About This Home

As of December 2018

Enjoy owning this currently leased duplex with rental income! Located on a large corner lot with beautiful tree coverage and the alley that has just been re-paved Summer 2018. Main level includes two bedrooms, one bath and half bath in unfinished basement. Second level has two bedrooms and one bath. Detached garage and shed used by tenants.

Last Agent to Sell the Property

Julia Shepersky

Messina & Associates Real Estate Listed on: 10/31/2018

Last Buyer's Agent

Ruth Rabold

Century 21 Atwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1910

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 1,736 Sq Ft Home
  • Multi-Level Property
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • Space Heater
  • Radiant Heating System
  • Satellite Dish
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for internet service, cable TV, electric, lawn, snow
  • Assessor Parcel Number 23-7662-46080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,195

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Directions: From 7th Ave turn N on 8th St. Property on right side of 9th ave and 8th st.
  • InternetOptions: Cable, Satellite
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 74.31
  • Taxes With Assessments: 2213.74
  • Tax Year: 2018
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1736
  • Garage Type: Detached
  • Heat: Radiant, Space/Wall Heater
  • Parking Number Garage Spaces: 1
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Multi-Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Bath
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1736

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt

Utilities

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

Association/Amenities

  • AmenitiesOtherAmenities1: Washer/Dryer Hookups
  • Association Fees Include:Amenities2: Washer/Dryer Hookups
  • AmenitiesFireplace1: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-11-02
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 23-7662-46080

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Internet Service, Cable TV, Electric, Lawn, Snow

Tax Info

  • Tax Amount: 2195.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 14, 2018
Sold by
Neiman Marcia K
Bought by
Schultz Joel M and Schultz Chelsea E
Seller's Agent
Julia Shepersky
Messina & Associates Real Estate
Buyer's Agent
Ruth Rabold
Century 21 Atwood
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$283,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,301
Avg. Annual Appreciation
12.23%
Original Mortgage
$96,750
Outstanding Balance
$86,102
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$197,199

Purchase Details

Closed on
Dec 28, 2006
Sold by
Billman Patricia L and Billman Janet S
Bought by
Nieman Marcia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,100
Interest Rate
6.24%
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
Schultz Joel M $129,000 --
Nieman Marcia K $119,000 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Joel M $96,750
Previous Owner Nieman Marcia K $63,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $129,000 0.0% $74 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $129,000 -- $74 / 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 $3,800 $271,500 $24,600 $246,900
2024 $1,181 $251,300 $23,500 $227,800
2023 $1,158 $248,500 $21,300 $227,200
2022 $3,412 $221,100 $18,500 $202,600
2021 $3,541 $178,600 $18,500 $160,100
2020 $2,572 $115,980 $16,380 $99,600
2019 $2,257 $115,980 $16,380 $99,600
2018 $2,214 $116,600 $16,400 $100,200
2017 $2,031 $115,100 $16,000 $99,100
2016 $1,841 $115,100 $16,000 $99,100
2015 $1,783 $101,800 $14,500 $87,300
2014 $1,783 $0 $0 $0
2013 $1,634 $0 $0 $0
2012 $702 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6079555

APN: 23-7642-46080