NOT LISTED FOR SALE

8377 Balsam Dr Mountain Iron, MN 55768

Estimated Value: $259,000 - $319,000

4 Beds
1.5 Baths
2,352 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $121,011 $51 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,707/month

11 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace
  • 2 Car Detached Garage

About This Home

As of March 2018

4 bedroom Ann's Acres home featuring large 2 stall garage, front and rear decks, fireplace and built in bar. Priced to sell, more info at www.hudhomestore.com

Last Agent to Sell the Property

Charlie Erjavec

Find It Fast License #40378597 Listed on: 02/15/2018

Co-Listed By

Stephanie Jha

Find It Fast License #40599962

Last Buyer's Agent

Erik SUNDQUIST

Northland Realty License #40754191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1976

Lot Details

  • 10,062

Parking

  • 2 Car Detached Garage

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,352 Sq Ft Home
  • Gas Log Fireplace
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater

Additional Features

  • Deck
  • Irregular Lot

Listing and Financial Details

  • Assessor Parcel Number 175-0012-00510

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,146

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .5
  • Lower Level Bedrooms: 2
  • Lvt Date: 02/15/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 175-0012-00510
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: not posted
  • Style: Bi-Level
  • Total Above Grade Sq Ft: 1176
  • Type: Residential
  • Year Built: 1976
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2352
  • Bedroom 1: Size: 11x12, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Full, Poured
  • Bedroom 2: Size: 11x12, On Level: Main
  • Bedroom 3: Size: 10x11.5, On Level: Lower
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 8x14, On Level: Main
  • Living Room: Size: 12x18, On Level: Main
  • Lower Level Sq Ft: 1176
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1176
  • Rec Room: Size: 12x18, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 28x32

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer, Gas
  • Water Heater: Gas

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 120x70
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Orcher Sean and Orcher Courtney
Bought by
Mekash Austin and Mekash Melissa
Current Estimated Value
$280,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$212,783
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$77,819

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 26, 2018
Sold by
Secretary Of Hud
Bought by
Orcher Sean and Ramponi Courtney
Seller's Agent
Charlie Erjavec
Find It Fast
Buyer's Agent
Erik SUNDQUIST
Northland Realty
List Price
$95,500
Sold Price
$121,011
Premium/Discount to List
$25,511
26.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$96,809
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2018
Sold by
Pacific Union Financial Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 11, 2017
Sold by
Ritacco David Joseph
Bought by
Pacific Union Financial Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mekash Austin $250,000 Northeast Title Company
Orcher Sean -- Northeast Title Company
The Secretary Of Housing & Urban Develop -- None Available
Pacific Union Financial Llc $143,219 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mekash Austin $237,500
Previous Owner Orcher Sean $130,000
Previous Owner Orcher Sean $96,809
Previous Owner Ritacco David Joseph $137,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $121,011 +26.7% $51 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $95,500 -- $41 / 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 $2,146 $244,400 $20,000 $224,400
2022 $2,048 $227,500 $20,000 $207,500
2021 $1,702 $197,600 $18,200 $179,400
2020 $1,552 $173,800 $18,200 $155,600
2019 $1,292 $158,900 $18,200 $140,700
2018 $1,952 $135,600 $18,200 $117,400
2017 $1,258 $149,000 $18,300 $130,700
2016 $1,150 $142,300 $18,300 $124,000
2015 $1,328 $116,000 $15,100 $100,900
2014 $1,271 $113,000 $15,000 $98,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 133878

Range Association of REALTORS®

APN: 175001200510