NOT LISTED FOR SALE

8773 Merritt Place Mountain Iron, MN 55768

Estimated Value: $129,000 - $163,000

3 Beds
1 Bath
992 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $126,500 $128 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $860/month

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of January 2024

Comp use only! 3BR 1BATH Rambler in South Grove Addition. 2 stall detached garage. Good size lot.

Last Agent to Sell the Property

Joe Jump

Johnson Hometown Realty License #40895304 Listed on: 12/08/2023

Last Buyer's Agent

Joe Jump

Johnson Hometown Realty License #40895304 Listed on: 12/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 175005502350

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lvt Date: 02/02/2024
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175005502350
  • Patioporch: Deck
  • Real Estate Tax: 770
  • Style: One Story
  • Total Above Grade Sq Ft: 992
  • Type: Residential
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 992
  • Bedroom 1: On Level: Main
  • Total Bathrooms: 1
  • Basement: Full, Poured
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Lower Level Sq Ft: 992
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 992
  • Rec Room: On Level: Main

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 26x30

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 125x91
  • Number Of Acres: 0.27
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 29, 2024
Sold by
Gilbert Lavina
Bought by
Gilbert Elaina
Seller's Agent
Joe Jump
Johnson Hometown Realty
Buyer's Agent
Joe Jump
Johnson Hometown Realty
Sold Price
$126,500
Views
3
Current Estimated Value
$147,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,432
Avg. Annual Appreciation
7.39%
Original Mortgage
$126,500
Outstanding Balance
$124,977
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$16,617
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
Gilbert Elaina $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Elaina $126,500
Previous Owner Gilbert James L $33,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $126,500 -- $128 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
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 $658 $126,500 $20,000 $106,500
2022 $642 $119,100 $20,000 $99,100
2021 $638 $99,200 $17,800 $81,400
2020 $524 $99,200 $17,800 $81,400
2019 $578 $89,000 $17,800 $71,200
2018 $492 $89,000 $17,800 $71,200
2017 $446 $89,000 $17,800 $71,200
2016 $396 $85,900 $17,800 $68,100
2015 $466 $56,300 $11,700 $44,600
2014 $466 $54,400 $11,500 $42,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 146269

Range Association of REALTORS®

APN: 175005502350