8880 Main St Mountain Iron, MN 55768
Estimated payment $509/month
Highlights
- Hot Property
- Corner Lot
- Dining Room
- City View
- No HOA
- Baseboard Heating
About This Home
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.
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 |
Purchase History
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $52,000 | Seller Take Back |
About the Listing Agent
Greg Hoffman has been a Realtor with Coldwell Banker Properties North since 1996 and a broker associate since 2001. Greg is a top producer with over 30 years experience in sales.
Greg has brought a vast understanding of both buyers and sellers needs to his profession. He specializes in new construction, recreational properties, common interest communities and commercial sales. He and his wife Jackie, reside on Lake Vermilion.
Greg's Other Listings
Source: NorthstarMLS
MLS Number: 7060733
APN: 175001001950
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Ask me questions while you tour the home.