NOT LISTED FOR SALE

8783 Arbor Ln Mountain Iron, MN 55768

Estimated Value: $231,000 - $281,000

3 Beds
1 Bath
1,384 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $160,000 $116 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,460/month

Highlights

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

About This Home

As of November 2019

3 BR rambler on a large corner lot in South Grove Addition to Mt. Iron will go fast! Completely repainted interior; new bathroom vanity, toilet and flooring; and new bedroom flooring. The basement walls have been sealed and painted along with the floor. Large 28x28 insulated garage with a separate 100 amp.service; plus a large store shed in the back yard. Fenced-in front patio for privacy plus a 10x28 deck overlooking the professionally landscaped front yard. There is not a thing to do but move in to this clean and neat beautiful home and enjoy the location and all the space!!!

Last Agent to Sell the Property

Rick Marwick

Vermilion Land Office Inc License #20502408 Listed on: 10/28/2019

Last Buyer's Agent

Erik SUNDQUIST

Northland Realty License #40754191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1991

Lot Details

  • 10,454

Home Design

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

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Electric Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater
  • Water Softener

Additional Features

  • Deck
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 175-0055-02090, 02015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Forced Air
  • Lvt Date: 10/28/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0055-02090, 02015
  • Patioporch: Deck
  • Real Estate Tax: 1468
  • Style: One Story
  • Type: Residential
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1384
  • Bedroom 1: Size: 11.5x13, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Garage Opener, Hood, Microwave, Refrigerator, Water Softener, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 12x13, On Level: Main
  • Bedroom 3: Size: 10x13, On Level: Main
  • Dining Room: Size: 9x13, On Level: Main
  • Kitchen: Size: 21x13, On Level: Main
  • Living Room: Size: 21x13, On Level: Main
  • Main Level Bedrooms: 3

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 28x28

Utilities

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

Lot Info

  • Lot Size: Dimensions: 118x90
  • Number Of Acres: 0.24
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Nov 27, 2019
Sold by
Hanson Gary Wayne
Bought by
Perushek Bryce R
Seller's Agent
Rick Marwick
Vermilion Land Office Inc
Buyer's Agent
Erik SUNDQUIST
Northland Realty
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Current Estimated Value
$249,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,704
Avg. Annual Appreciation
7.81%
Original Mortgage
$97,000
Outstanding Balance
$85,588
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$164,116

Purchase Details

Listed on
Oct 28, 2019
Closed on
Oct 15, 2019
Sold by
Hanson Bryan W and Hanson Julie
Bought by
Hanson Bradley K and Hanson Stacy
Seller's Agent
Rick Marwick
Vermilion Land Office Inc
Buyer's Agent
Erik SUNDQUIST
Northland Realty
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Outstanding Balance
$85,588
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$164,116

Purchase Details

Closed on
May 29, 2018
Sold by
Hanson Gary Wayne
Bought by
Hanson Bryan W and Hanson Colette M
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
Perushek Bryce R $160,000 Up North Title
Hanson Bradley K -- None Available
Hanson Bryan W -- Up North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perushek Bryce R $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $160,000 -3.0% $116 / Sq Ft
10/30/2019 10/30/19 For Sale $164,900 0.0% $119 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $164,900 -- $119 / 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 $1,836 $220,400 $20,400 $200,000
2023 $1,836 $215,300 $20,400 $194,900
2022 $1,610 $201,500 $20,400 $181,100
2021 $1,604 $166,900 $18,200 $148,700
2020 $1,370 $166,900 $18,200 $148,700
2019 $1,462 $146,500 $18,200 $128,300
2018 $1,308 $146,500 $18,200 $128,300
2017 $1,236 $146,500 $18,200 $128,300
2016 $1,130 $140,900 $18,200 $122,700
2015 $1,390 $118,400 $15,100 $103,300
2014 $1,390 $114,900 $15,000 $99,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rick Marwick

    Vermilion Land Office Inc

    Section Image
  • Erik SUNDQUIST

    Buyer's Agent in 2019

    Erik SUNDQUIST

    Northland Realty

    (218) 410-3156

    4 in this area

    59 Total Sales

    Erik SUNDQUIST
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 138527

Range Association of REALTORS®

APN: 175005502090

Minnesota St Louis County Mountain Iron 55768

8783 Arbor Ln, Mountain Iron, MN

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