NOT LISTED FOR SALE

8901 Maxwell Rd Mountain Iron, MN 55768

Estimated Value: $41,000 - $190,000

15.01 Acres
$6,098 Price per Acre
653,836 Sq Ft Lot

Last Sold December 13, 2022

Last sale price $35,000 $90 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $508/month

27 Days on Market

About This Lot

As of December 2022

Beautiful 15+ acres where you can BUILD YOUR DREAM HOME, in Mt. Iron, MN! Enjoy the abundance of wildlife or walk/ride the awesome trails that were created and maintained on the property. To say there are deer and grouse on the property, is an understatement! Make this property yours today and live the country life you dreamed of, with the convenience of being minutes away from Virginia, MN, other ATV/snowmobile trails, lakes with public access, and more! Call today for a personal tour!

Last Agent to Sell the Property

Liana Hway

z' Up North Realty License #40580388 Listed on: 11/01/2022

Last Buyer's Agent

Liana Hway

z' Up North Realty License #40580388 Listed on: 11/01/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $164

Lot Details

  • 15.01 Acre Lot
  • Lot Dimensions are 1,225 x 225
  • Irregular Lot
  • Lot Has A Rolling Slope

Property Details

Property Type

Land

Est. Annual Taxes

$164

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 11/01/2022
  • Real Estate Tax: 164.00
  • Type: Residential
  • Lot Size Length: 1225
  • Lot Size Width: 225
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Mt Iron/Buhl

Lot Info

  • Number Of Acres: 15.01
  • Zoning: Res
  • Improvements: Drive Way
  • Topography: Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 13, 2022
Sold by
Runquist Timothy and Runquist Lori L
Bought by
Thoreson Tyler
Seller's Agent
Liana Hway
z' Up North Realty
Buyer's Agent
Liana Hway
z' Up North Realty
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%
Current Estimated Value
$91,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,528
Avg. Annual Appreciation
34.53%
Original Mortgage
$22,750
Outstanding Balance
$19,063
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$60,069

Purchase Details

Closed on
Oct 9, 2020
Sold by
Greenly Joshua A and Greenly Jenessa L
Bought by
Runquist Tim and Runquist Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2015
Sold by
Hill Eino and Dimberio Marilyn
Bought by
Dimberio Marilyn and Mozzetti Linda

Purchase Details

Closed on
Jun 22, 2015
Sold by
Dimberio Marilyn and Dimberio Randy
Bought by
Greenly Joshua A and Greenly Jenessa L Knuti

Purchase Details

Closed on
Apr 30, 2015
Sold by
Dimberlo Marilyn and Dimberlo Randy
Bought by
Madden Mark A and Madden Amy M
Source: Public Records

Range of Values:

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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
Thoreson Tyler $35,000 Concierge Title
Runquist Tim $18,500 All American Title
Dimberio Marilyn -- All American Title Co Inc
Greenly Joshua A $10,000 All American Title Co Inc
Madden Mark A $15,000 All American Title Co Inc
Runquist Tim Tim $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thoreson Tyler $22,750
Previous Owner Runquist Tim $14,800
Closed Runquist Tim Tim $14,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $35,000 -22.2% $90 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $45,000 -- $116 / 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
2023 $302 $25,900 $20,500 $5,400
2022 $164 $25,500 $20,500 $5,000
2021 $162 $13,400 $13,400 $0
2020 $176 $13,400 $13,400 $0
2019 $176 $14,300 $14,300 $0
2018 $172 $14,300 $14,300 $0
2017 $158 $14,200 $14,200 $0
2016 $148 $12,500 $12,500 $0
2015 $304 $23,800 $23,800 $0
2014 $322 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 144421

Range Association of REALTORS®

APN: 175007103070