NOT LISTED FOR SALE

8436 Mud Lake Rd Mountain Iron, MN 55768

Estimated Value: $167,000 - $247,000

3 Beds
1.5 Baths
1,742 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $150,000 $86 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,196/month

121 Days on Market

Highlights

  • 1.95 Acre Lot
  • Traditional Architecture
  • Den
  • Deck
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of March 2021

Country living in town! A rare find! 2.01 acres with stunning views of Mud Lake in Mt Iron, MN; newer steel siding on home and garages; newer roofing; darling little farm house with 2 bedrooms on the main and a tongue and groove adorned bedroom in the upper level; additional family space with bar and den/office in the lower level as well; all of this close to shopping and school! With a little love in some corners this will be a fantastic home for it's new owner... Call today for your personal tour!

Last Agent to Sell the Property

Darcie Novak

My Place Realty, Inc. Listed on: 09/08/2020

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1910

Lot Details

  • 1.95 Acre Lot
  • Lot Dimensions are 325x280
  • Property fronts a county road

Parking

  • 5 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Steel Siding

Interior Spaces

  • Multi-Level Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Range

Bedrooms and Bathrooms

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

Basement

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

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 175007101270, 175007101276

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Heading North on Hwy 53 take the exit for US-169. Take a left onto US-169 then another left onto McInnes Rd. McInnes rd will turn into Mud Lake Rd. Property will be on the left.
  • L O1 Office Phone1 Number: 218-276-5495
  • List Price/ Sq Ft: 86.11
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1042
  • Below Grade Finished Sq Ft: 700
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: Yes
  • Bedroom 3: Family Room
  • TotalBedrooms: 3
  • Year Built: 1910
  • Level 1 Bedroom: Main
  • RoomLevel3: Lower
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Bath
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Formal Dining Room
  • Extra Rooms: Den/Office
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1742
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Steel

Garage/Parking

  • Garage Capacity: 5
  • ParkingFeaturesGarageDimensions: 32x26 24x23

Utilities

  • Power Company: Other
  • Sewer: City
  • Water: City

Schools

  • School District: Mt. Iron-Buhl #712
  • Junior High Dist: Mt. Iron-Buhl #712

Lot Info

  • Geo Update Timestamp: 2020-09-09
  • Estimated Lot Dimensions: 325x280
  • Estimated Number of Acres: 1.95
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 175007101270, 175007101276

Tax Info

  • Tax Amount: 856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Mar 26, 2021
Sold by
Olsen Joan Marie and Olsen David
Bought by
Michals Lucas
Seller's Agent
Darcie Novak
My Place Realty, Inc.
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$206,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,130
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Feb 23, 2021
Sold by
Jacob Fred C
Bought by
Olsen Joan Marie and Olsen David
Seller's Agent
Darcie Novak
My Place Realty, Inc.
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$150,000
Sold Price
$150,000

Purchase Details

Closed on
Jun 12, 2015
Sold by
Olsen John Marie and Lois M Jacob Revocable Trust
Bought by
Olsen John Marie and Olsen David

Purchase Details

Closed on
May 17, 2004
Sold by
Jacob Fred C and Jacob Lois M
Bought by
Jacob Lois M and Lois M Jacob Revocable Trust
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
Michals Lucas $150,000 None Available
Olsen Joan Marie -- None Available
Olsen John Marie -- Attorney
Jacob Lois M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $150,000 0.0% $86 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
09/08/2020 09/08/20 For Sale $150,000 -- $86 / 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 $1,172 $174,500 $31,400 $143,100
2022 $914 $163,600 $31,400 $132,200
2021 $910 $118,000 $20,700 $97,300
2020 $832 $118,000 $20,700 $97,300
2019 $900 $109,800 $20,900 $88,900
2018 $1,440 $109,800 $20,900 $88,900
2017 $650 $109,800 $20,900 $88,900
2016 $584 $99,200 $17,900 $81,300
2015 $762 $75,100 $13,500 $61,600
2014 $750 $75,100 $13,500 $61,600
Source: Public Records

Agents Affiliated with this Home

  • Darcie Novak

    Seller's Agent in 2021

    Darcie Novak

    My Place Realty, Inc.

    (218) 780-7036

    12 in this area

    365 Total Sales

    Darcie Novak
    Section Image

  • N

    Buyer's Agent in 2021

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6092937

APN: 175007101276

Minnesota St Louis County Mountain Iron 55768

8436 Mud Lake Rd, Mountain Iron, MN

This home is located at 8436 Mud Lake Rd, Mountain Iron, MN 55768 since 08 September 2020 and is currently estimated at $206,130, approximately $118 per square foot. This property was built in 1910. 8436 Mud Lake Rd is a home located in St. Louis County with nearby schools including Merritt Elementary School and Mountain Iron-Buhl Secondary School.

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