NOT LISTED FOR SALE

8780 Luoma Ln Mountain Iron, MN 55768

Estimated Value: $313,412 - $401,000

4 Beds
2 Baths
2,254 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $220,010 $98 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,070/month

Highlights

  • 5 Acre Lot
  • 2 Car Attached Garage
  • Baseboard Heating
  • Deck
  • Screened Patio
  • Space Heater

About This Home

As of May 2013

Beautifully decorated newer split featuring 4 BRs, a walkout basement, formal dining w/walk-out to deck, large lower level family room and cedar sauna with 3/4 bath, an oversized deck and patios, park-like landscaping, lawn & garden shed and so much more. Bonus!! Home has a brand new roof which was installed in the Fall of 2012. $6,000 ANYTHING ALLOWANCE TO BUYER WITH ACCEPTED OFFER!!

Last Agent to Sell the Property

Greg Hoffman

Edina Realty, Inc. License #20381267 Listed on: 03/23/2013

Edina Realty, Inc.

Last Buyer's Agent

Rachel Lacount

Northwoods Land Office License #20564039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 1998

Lot Details

  • 5 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,254 Sq Ft Home
  • Gas Log Fireplace
  • Walk-Out Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Space Heater
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 175-71-5030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Modular
  • Guttering: Yes
  • Heat: Electric, Baseboard, Space Heaters
  • Lower Level Bathrooms: 0.7
  • Lower Level Bedrooms: 2
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 175-71-5030
  • Patioporch: Deck, Screened
  • Percent Of Bsmnt Finished: 80
  • Real Estate Tax: 1661.12
  • Style: Bi-Level
  • Total Above Grade Sq Ft: 1252
  • Type: Residential
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2254
  • Bedroom 1: Size: 12 x 15, On Level: Main
  • Total Bathrooms: 1.7
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Walkout, Wood
  • Bedroom 2: Size: 9 x 12.5, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 15.5 x16.5, On Level: Lower
  • Dining Room: Size: 10.5 x 11, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 11 x 11.5, On Level: Main
  • Living Room: Size: 14 x 17, On Level: Main
  • Lower Level Sq Ft: 1252
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1252
  • Other Room 2: Bedroom 4, Size: 9.5 x 12, On Level: Lower
  • Other Room 3: Laundry, Size: 9 x 9.5, On Level: Lower
  • Rec Room: Size: 17 x 25, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 22 x 24

Utilities

  • Utilities: Septic, Well, Telephone
  • Water Heater: Elec. Off Peak

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 660x330
  • Number Of Acres: 5
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2013
Closed on
May 6, 2013
Sold by
Buria Joseph and Buria Brenda
Bought by
Willis Andrew
Seller's Agent
Greg Hoffman
Edina Realty, Inc.
Buyer's Agent
Rachel Lacount
Northwoods Land Office
Sold Price
$220,010
Current Estimated Value
$349,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,093
Avg. Annual Appreciation
3.83%
Original Mortgage
$205,010
Outstanding Balance
$145,677
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$203,426
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
Willis Andrew $220,009 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Andrew $205,010
Previous Owner Buria Joseph M $150,000
Previous Owner Buria Joseph M $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2013 05/06/13 Sold $220,010 -- $98 / Sq Ft
03/23/2013 03/23/13 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 $2,012 $241,800 $39,300 $202,500
2022 $1,938 $226,400 $39,300 $187,100
2021 $1,930 $189,800 $27,700 $162,100
2020 $1,870 $189,800 $27,700 $162,100
2019 $1,982 $180,600 $28,500 $152,100
2018 $1,792 $180,600 $28,500 $152,100
2017 $1,546 $180,600 $28,500 $152,100
2016 $1,420 $162,500 $24,300 $138,200
2015 $1,545 $132,900 $22,200 $110,700
2014 $1,545 $132,900 $22,200 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 120084

Range Association of REALTORS®

APN: 175007105030