NOT LISTED FOR SALE

7330 Palo Tia Rd Embarrass, MN 55732

Estimated Value: $226,391 - $256,000

3 Beds
1 Bath
1,656 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $220,000 $133 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,378/month

72 Days on Market

Highlights

  • 61.72 Acre Lot
  • Patio
  • Ceiling Fan
  • Deck
  • Forced Air Heating System

About This Home

As of October 2023

If you are looking for beautiful views and lots of privacy, this is the property for you! The home is situated at the end of a long driveway on 60+ acres of mixed high and low land. Inside you are greeted with a large entry way and open concept kitchen/dining/living area as well as a full bath on the main level. Upper level includes 3 bedrooms and basement has a rec room, laundry and utility room. The outbuildings include a large barn that has been well cared for and an old sauna building turned into a canning shed (a gardeners dream!). You are close proximity to many area lakes and the Mesabi Bike Trail is right at the end of the driveway!

Last Agent to Sell the Property

Emily LaPatka

B.I.C. Realty License #40669275 Listed on: 06/13/2023

Last Buyer's Agent

Julia Maki

B.I.C. Realty License #40377638

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1920

Lot Details

  • 61.72 Acre Lot
  • Irregular Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 330-0010-04190; 04180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Heat: Oil, Forced Air
  • Irregular Lot Size: Yes
  • Lvt Date: 06/13/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 330-0010-04190; 04180
  • Patioporch: Deck, Patio
  • Percent Of Bsmnt Finished: 75
  • Real Estate Tax: 1206
  • Style: Multi-Level
  • Total Above Grade Sq Ft: 1190
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1656
  • Bedroom 1: Size: 14x11, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Electric Range, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Poured
  • Bedroom 2: Size: 10x11, On Level: Upper
  • Bedroom 3: Size: 8x11, On Level: Upper
  • Dining Room: Size: 10x10, On Level: Main
  • Kitchen: Size: 11x12, On Level: Main
  • Living Room: Size: 15x15, On Level: Main
  • Lower Level Sq Ft: 622
  • Main Level Sq Ft: 840
  • Upper Level Sq Ft: 350

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Utilities

  • Cooling: Window Unit, Ceiling Fan
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Babbitt-2142

Lot Info

  • Lot Size: Dimensions: 2640x1320
  • Number Of Acres: 61.72
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 6, 2023
Sold by
Sanders Carol
Bought by
Carlson Nicole Lee and Carlson Joshua Herbert
Seller's Agent
Emily LaPatka
B.I.C. Realty
Buyer's Agent
Julia Maki
B.I.C. Realty
List Price
$265,000
Sold Price
$220,000
Premium/Discount to List
-$45,000
-16.98%
Views
110
Current Estimated Value
$245,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,348
Avg. Annual Appreciation
2.05%
Original Mortgage
$176,000
Outstanding Balance
$172,895
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$56,023
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
Carlson Nicole Lee $220,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Nicole Lee $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $220,000 -12.0% $133 / Sq Ft
07/14/2023 07/14/23 Price Changed $250,000 -5.7% $151 / Sq Ft
06/13/2023 06/13/23 For Sale $265,000 -- $160 / Sq Ft
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 $922 $166,400 $55,600 $110,800
2022 $928 $127,500 $50,100 $77,400
2021 $838 $111,900 $41,100 $70,800
2020 $756 $101,300 $36,500 $64,800
2019 $732 $97,200 $36,500 $60,700
2018 $742 $97,200 $36,500 $60,700
2017 $626 $97,200 $36,500 $60,700
2016 $634 $90,700 $43,300 $47,400
2015 $589 $60,500 $31,500 $29,000
2014 $589 $56,100 $32,400 $23,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145194

Range Association of REALTORS®

APN: 330001004190