NOT LISTED FOR SALE

8730 Fairview Ln Mountain Iron, MN 55768

Estimated Value: $97,000 - $172,000

3 Beds
1 Bath
864 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $92,000 $106 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $741/month

20 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • 5-minute walk to Mt. Iron Recreation Complex
  • 1 Car Detached Garage

About This Home

As of August 2019

Move in ready, one level home in the South Grove neighborhood of Mt Iron! You'll have 3 main level bedrooms and plenty of closet and storage space to go with it. Other features are a fenced in yard, a spacious 1 stall garage, newer roof, and a cement paved driveway. Many new updates, kept very clean! This is a must-see!

Last Agent to Sell the Property

Stephanie Jha

Find It Fast License #40599962 Listed on: 06/18/2019

Last Buyer's Agent

Marcy Johnson

Johnson Hometown Realty License #40548574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1952

Lot Details

  • 6,534

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Washer
  • Gas Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Chain Link Fence

Listing and Financial Details

  • Assessor Parcel Number 175-0055-00200

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Guttering: Yes
  • Heat: Gas
  • Lvt Date: 06/18/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0055-00200
  • Patioporch: Deck
  • Real Estate Tax: 676
  • Style: One Story
  • Total Above Grade Sq Ft: 864
  • Type: Residential
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 864
  • Bedroom 1: Size: 11x10.5, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Garage Opener, Microwave, Refrigerator, Washer, Gas Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 11x10.5, On Level: Main
  • Bedroom 3: Size: 10.5x9.5, On Level: Main
  • Kitchen: Size: 11x11, On Level: Main
  • Living Room: Size: 10.5x18, On Level: Main
  • Lower Level Sq Ft: 864
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 864

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 16x24

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Fencing: Chain Link
  • Lot Size: Dimensions: 110x60
  • Zoning: r

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 6, 2019
Sold by
Babbini Lautigar Lynne M and Lautigar James
Bought by
Watson Stephanie N
Seller's Agent
Stephanie Jha
Find It Fast
Buyer's Agent
Marcy Johnson
Johnson Hometown Realty
List Price
$94,000
Sold Price
$92,000
Premium/Discount to List
-$2,000
-2.13%
Current Estimated Value
$130,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,509
Avg. Annual Appreciation
5.58%
Original Mortgage
$90,333
Outstanding Balance
$80,998
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$46,281

Purchase Details

Closed on
Nov 7, 2012
Sold by
Babbini Hall Lynne M and Hall Lynne M
Bought by
Babbini Hall Lynne M and Kovacovich Grant P

Purchase Details

Closed on
Nov 18, 2005
Sold by
Peterson Arthur B and Peterson Ronald L
Bought by
Hall Randall L and Hall Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
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
Watson Stephanie N $92,000 All American Title Co Inc
Babbini Hall Lynne M -- None Available
Hall Randall L $74,000 Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Stephanie N $90,333
Closed Watson Stephanie N $4,645
Previous Owner Hall Randall L $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $92,000 -2.1% $106 / Sq Ft
06/18/2019 06/18/19 For Sale $94,000 -- $109 / 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 $242 $90,900 $12,900 $78,000
2022 $270 $85,400 $12,900 $72,500
2021 $268 $71,100 $11,500 $59,600
2020 $262 $71,100 $11,500 $59,600
2019 $1,136 $67,600 $11,500 $56,100
2018 $744 $67,600 $11,500 $56,100
2017 $718 $67,600 $11,500 $56,100
2016 $180 $65,100 $11,500 $53,600
2015 $248 $39,700 $6,900 $32,800
2014 $248 $38,900 $6,900 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 137507

Range Association of REALTORS®

APN: 175005500200