$68,000
SOLD SEP 8, 2026
3 Beds
1.5 Baths
3,500 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: September 8, 2026

$19 Per Sq Ft

23% Below List Price

138 Days on Market

Highlights

  • City View
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Dining Room

About This Home

As of September 2026

Fantastic business and/or rental opportunity in the Historical Bank Building in Downtown Mt. Iron! The main floor features an oversized potential business area with multiple offices, an entry with great storefront windows, and bathroom. Upstairs you will find the large 3-bedroom apartment with hardwood flooring, and massive living room/dining area, along with a full bathroom with laundry.

Last Agent to Sell the Property

Greg Hoffman

Edina Realty, Inc. Listed on: 04/23/2026

Edina Realty, Inc.

Last Buyer's Agent

Greg Hoffman

Edina Realty, Inc. Listed on: 04/23/2026

Edina Realty, Inc.
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 50x90
  • Corner Lot
  • Zoning described as Business/Commercial

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Rubber Roof
  • Stone Exterior Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • City Views
  • Partial Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Grant Town Of Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1915

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Stone
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 3500
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 3500
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Rubber
  • PoolFeatures: None
  • Foundation Details: Other

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Electric Dryer Hookup, Upper Level, Washer Hookup
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: City View, Washer/Dryer Hookup

Schools

  • Junior High Dist: Mountain Iron-Buhl
  • SchoolDistrictPhone: 2187358271

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 50x90
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 500
  • TaxWithAssessments: 500

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Jul 6, 2022
Sold by
Olivers Noland Rentals Corporation
Bought by
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$89,000
Sold Price
$79,900
Premium/Discount to List
-$9,100
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.01%

Purchase Details

Listed on
Jan 23, 2022
Closed on
Jun 24, 2022
Sold by
Olivers Northland Rentals Corporation
Bought by
Sherwood Benjamin and Sherwood Jacqueline
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$89,000
Sold Price
$79,900
Premium/Discount to List
-$9,100
-10.22%

Purchase Details

Closed on
Aug 22, 2016
Sold by
Arrowhead Community Economic Assistance
Bought by
Oliver S Northland Rentals Corp Oration

Purchase Details

Closed on
Jun 24, 2011
Sold by
Arrowhead Community Economic Assistance
Bought by
Olivers Northland Rentals Corporation
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $79,900 Sellman Title
Deed $79,900 --
Warranty Deed $55,000 None Available
Contract Of Sale $55,000 Up North Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2026 09/08/26 Sold $68,000 -13.9% $19 / Sq Ft
05/26/2026 05/26/26 Price Changed $79,000 -10.2% $23 / Sq Ft
04/23/2026 04/23/26 For Sale $88,000 +10.1% $25 / Sq Ft
07/08/2022 07/08/22 Sold $79,900 0.0% $26 / Sq Ft View Prior Sale
02/28/2022 02/28/22 Price Changed $79,900 -10.2% $26 / Sq Ft
01/23/2022 01/23/22 For Sale $89,000 -- $29 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $500 $43,600 $5,200 $38,400
2024 $500 $41,000 $4,500 $36,500
2023 $492 $41,000 $4,500 $36,500
2022 $822 $41,000 $4,500 $36,500
2021 $808 $41,000 $4,500 $36,500
2020 $1,788 $41,000 $4,500 $36,500
2019 $1,828 $87,700 $6,300 $81,400
2018 $1,718 $87,700 $6,300 $81,400
2017 $0 $87,700 $6,300 $81,400
2016 $2,158 $87,700 $6,300 $81,400
2015 $2,338 $86,500 $11,200 $75,300
2014 $2,335 $86,500 $11,200 $75,300
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 7060733

NorthstarMLS

APN: 175001001950

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