NOT LISTED FOR SALE

8775 Arbor Ln Mountain Iron, MN 55768

Estimated Value: $206,000 - $285,000

3 Beds
3 Baths
2,804 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $196,500 $70 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,607/month

8 Days on Market

Highlights

  • Deck
  • Water Softener
  • Baseboard Heating
  • 2 Car Attached Garage

About This Home

As of July 2018

Lots of space! Nearly 3000 square feet to work with! 3 bedroom, 3 bath South Grove home features large bedrooms, master bath and main floor laundry. Use your taste to update this home into the perfect home for life! This home also features a HUGE family room, attached garage and a large yard with a beautiful deck and gazebo. The large rooms and extra space provide endless possibilities. Don't miss out on this one!

Last Agent to Sell the Property

Charlie Erjavec

Find It Fast License #40378597 Listed on: 06/05/2018

Co-Listed By

Stephanie Jha

Find It Fast License #40599962

Last Buyer's Agent

Stephanie Jha

Find It Fast License #40599962

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Irregular Lot

Home Design

  • 2,804 Sq Ft Home
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 175-0055-01920

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .75
  • Lower Level Bedrooms: 1
  • Lvt Date: 06/05/2018
  • Main Level Bathrooms: 1.7
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0055-01920
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 1422
  • Style: Bi-Level
  • Type: Residential
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2804
  • Bedroom 1: Size: 10.5x15, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Electric Range, Garage Opener, Hood, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 12x15, On Level: Main
  • Bedroom 3: Size: 12.5x13, On Level: Lower
  • Dining Room: Size: 10x10.5, On Level: Main
  • Kitchen: Size: 10.5x12, On Level: Main
  • Living Room: Size: 12x25, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Utility, Size: 12x24, On Level: Lower
  • Other Room 3: Laundry, Size: 8x14, On Level: Main
  • Rec Room: Size: 12x36, On Level: Lower

Exterior Features

  • Exterior: Stone, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 24x28

Utilities

  • Cooling: Ductless Air
  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 120x90
  • Number Of Acres: 0.25
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jul 12, 2018
Sold by
Sutich Richard J and Sutich Fern
Bought by
Lautigar James T and Babbini Lautigar Lynne M
Seller's Agent
Charlie Erjavec
Find It Fast
Buyer's Agent
Stephanie Jha
Find It Fast
List Price
$210,000
Sold Price
$196,500
Premium/Discount to List
-$13,500
-6.43%
Current Estimated Value
$275,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,255
Avg. Annual Appreciation
3.93%
Original Mortgage
$156,500
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lautigar James T $196,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lautigar James T $156,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $196,500 -6.4% $70 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $210,000 -- $75 / 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
2024 $2,094 $240,300 $19,800 $220,500
2023 $2,094 $234,500 $19,800 $214,700
2022 $1,822 $219,600 $19,800 $199,800
2021 $1,814 $181,700 $17,700 $164,000
2020 $1,518 $181,700 $17,700 $164,000
2019 $1,582 $156,600 $17,700 $138,900
2018 $1,422 $154,500 $17,700 $136,800
2017 $1,346 $154,500 $17,700 $136,800
2016 $1,234 $148,600 $17,700 $130,900
2015 $1,489 $126,400 $14,900 $111,500
2014 $1,489 $122,800 $14,800 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 134795

Range Association of REALTORS®

APN: 175005501920