NOT LISTED FOR SALE

8873 Highway 101 Iron, MN 55751

Estimated Value: $321,000 - $470,000

3 Beds
1.5 Baths
2,448 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $210,000 $86 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,203/month

Highlights

  • 10 Acre Lot
  • Patio
  • Central Air
  • 3 Car Detached Garage
  • 1-Story Property
  • Baseboard Heating

About This Home

As of October 2012

Virginia 6 Miles! Great Location Between Virginia/Mt. Iron and Hibbing! Great House!! Set up for Horses or hobby farm or just plain old country living!! Clear Span Riding Arena: 60 X 72 Heated and Insulated Shop: 36 X 45 Loafing Shed: 16 X 36 Garage: 28 X 60 House Addition: 22 X 14 Propane Heat in Addition and Shop. Solid Surface counters in kitchen.Appliances negotiable.

Last Agent to Sell the Property

Mary Jacobsen

Jacobsen Appraisals License #4001031 Listed on: 08/22/2012

Last Buyer's Agent

Kimberly Culbert-Blaeser

Culbert Realty License #40188582

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 10

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Basement

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Patio
  • 10 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 175-0071-05124

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas, Oil, Wood, Baseboard
  • Main Level Bathrooms: 1.5
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0071-05124
  • Patioporch: Patio
  • Percent Of Bsmnt Finished: 80
  • Style: One Story
  • Type: Residential
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2448
  • Bedroom 1: Size: 13 X 10, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Dishwasher, Electric Range, Hood, Refrigerator
  • Basement: Block, Full
  • Bedroom 2: Size: 12 X 10, On Level: Main
  • Bedroom 3: BR, Size: 13 X 12, On Level: Main
  • Dining Room: Size: 0 X 0, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 20 X 13, On Level: Main
  • Living Room: Size: 14.5 X 21, On Level: Main
  • Main Level Bedrooms: 3
  • Other Room 2: Laundry, Size: 8 X 10, On Level: Main
  • Rec Room: Size: 10 X 10, On Level: Lower

Exterior Features

  • Exterior: Brick, Steel
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 28 X 60

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 1320x330
  • Number Of Acres: 10
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
Oct 26, 2012
Sold by
Burns Charles R and Burns Debra
Bought by
Lambert Phillip J and Lambert Ulrike
Seller's Agent
Mary Jacobsen
Jacobsen Appraisals
Buyer's Agent
Kimberly Culbert-Blaeser
Culbert Realty
Sold Price
$210,000
Current Estimated Value
$378,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,207
Avg. Annual Appreciation
4.54%
Original Mortgage
$168,000
Outstanding Balance
$115,288
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$262,919
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
Lambert Phillip J $210,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Phillip J $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $210,000 -- $86 / Sq Ft
08/22/2012 08/22/12 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
2024 $2,862 $299,300 $40,200 $259,100
2023 $2,862 $309,600 $40,200 $269,400
2022 $3,052 $289,000 $40,200 $248,800
2021 $2,706 $243,800 $28,500 $215,300
2020 $2,266 $243,800 $28,500 $215,300
2019 $2,390 $241,700 $29,300 $212,400
2018 $2,662 $241,700 $29,300 $212,400
2017 $2,346 $241,800 $29,400 $212,400
2016 $2,166 $218,200 $25,100 $193,100
2015 $2,400 $195,100 $24,700 $170,400
2014 $2,400 $195,100 $24,700 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 119882

Range Association of REALTORS®

APN: 175007105124