NOT LISTED FOR SALE

8780 Forest Dr Mountain Iron, MN 55768

Estimated Value: $360,000 - $480,000

4 Beds
3 Baths
3,058 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $415,000 $136 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,604/month

10 Days on Market

Highlights

  • 1.02 Acre Lot
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Deck
  • 1-Story Property

About This Home

As of May 2024

4 bedroom 3 bath home on 1 acre situated on cul de sac. This open concept home features living room with gas fireplace, spacious kitchen with lots of counter space, primary bedroom with ensuite, 2 additional bedrooms and another full bath. The fully finished lower level includes a large rec room, sauna, office and additional bedroom and bath. Additional features include a 30 x 48 insulated/heated garage plus additional parking slab, hot tub and large deck. Gas forced air and central air. City water and city sewer.

Last Agent to Sell the Property

Kimberly Culbert-Blaeser

Culbert Realty License #40188582 Listed on: 03/15/2024

Last Buyer's Agent

Kimberly Culbert-Blaeser

Culbert Realty License #40188582 Listed on: 03/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 2014

Lot Details

  • 1.02 Acre Lot
  • Irregular Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,058 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 175-0140-00120/00110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,788

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame, Modular
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .7
  • Lower Level Bedrooms: 1
  • Lvt Date: 03/15/2024
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 4
  • Parcel Code Number: 175-0140-00120/00110
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 95
  • Real Estate Tax: 3788
  • Style: One Story
  • Type: Residential
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 3058
  • Bedroom 1: Size: 14 x 13, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Washer, Gas Range
  • Basement: Full
  • Bedroom 2: Size: 11 x 11, On Level: Main
  • Bedroom 3: Size: 11 x 11, On Level: Main
  • Dining Room: Size: 10 x 13, On Level: Main
  • Kitchen: Size: 13 x 13, On Level: Main
  • Living Room: Size: 21 x 13.5, On Level: Lower
  • Main Level Bedrooms: 3
  • Other Room 2: BR 4:, Size: 10 x 11, On Level: Lower
  • Other Room 3: Office, Size: 9 x 9.5, On Level: Lower
  • Rec Room: Size: 27 x 26, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Metal

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 4
  • Garage Size: 30 x 48

Utilities

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

Lot Info

  • Lot Size: Dimensions: 293x90
  • Number Of Acres: 1.02
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 10, 2024
Sold by
Krueger Clayton A and Krueger Samantha
Bought by
Maki Jaron Lee and Maki Samantha Lee
Seller's Agent
Kimberly Culbert-Blaeser
Culbert Realty
Buyer's Agent
Kimberly Culbert-Blaeser
Culbert Realty
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%
Views
49
Current Estimated Value
$438,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,667
Avg. Annual Appreciation
3.36%
Original Mortgage
$115,000
Outstanding Balance
$108,035
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$330,632

Purchase Details

Closed on
May 15, 2014
Sold by
Mountain Iron Economic Development Autho
Bought by
Krueger Clayton A and Krueger Samantha

Purchase Details

Closed on
Apr 25, 2013
Sold by
Banks Larry and Banks Laura
Bought by
Mountain Iron Economic Development Autho

Purchase Details

Closed on
Jun 2, 2010
Sold by
Mountain Iron Economic Development Autho
Bought by
Banks Larry and Banks Laura
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maki Jaron Lee $415,000 Northeast Title Company
Krueger Clayton A $20,000 None Available
Mountain Iron Economic Development Autho $12,000 None Available
Banks Larry $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maki Jaron Lee $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $415,000 -3.5% $136 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $430,000 -- $141 / 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 $3,716 $365,200 $9,900 $355,300
2023 $3,716 $365,200 $9,900 $355,300
2022 $3,724 $338,400 $9,900 $328,500
2021 $3,188 $277,700 $8,900 $268,800
2020 $2,798 $277,700 $8,900 $268,800
2019 $2,952 $243,500 $8,900 $234,600
2018 $2,694 $243,500 $8,900 $234,600
2017 $2,374 $243,600 $9,000 $234,600
2016 $2,106 $219,600 $9,000 $210,600
2015 -- $6,300 $6,300 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 146394

Range Association of REALTORS®

APN: 175014000110