Check Availability

501 12th Avenue

501 12th Avenue, Two Harbors, MN 55616
Property in Two Harbors
Sold Jun 24, 2022
$180,000
$174,600
Mortgage
Sold Jun 28, 2006
$137,900
$110,300 by First Franklin Financial Corp
Mortgage Due Jul 01, 2036
501 12th Avenue in Two Harbors, MN was first built in 1916 and is 108 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 501 12th Avenue has 1,274 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of metal. While the interior walls are made of materials we are unsure of. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 12th Avenue was last sold in Jun 24, 2022 for $180,000. According to our calculations, that's $247.25 per sqft. Prior to that sales transaction, the property was sold for $137,900 in Jun 23, 2006. Current property owners are expected to pay $2,989 in taxes per year. The property on 501 12th Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $214,600. To break that down further, the land itself was valued at $18,500. While improvements to the property were assessed at a total of $196,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Metal
  • Interior Walls Type: Other
  • Roof Cover Type: Other
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 728
  • Gross Building Area: 728
  • Building Area: 728
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,274
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINNESOTA IRON COMPANYS FIFTH ADDITION
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 BLOCK 74

Ownership

  • Current Owner : HUDSON BENJAMIN
  • Previous Owner : NELSON RACHEL
  • Owner Before Previous Owner: NEROS ALLEN D
  • Owner Before Previous Owner 2: NEROS PATRICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Superior Public School District
  • School Tax School District: 381
  • Census Tract: 370400

Geography

  • Parcel: 23-7665-74160
  • Block: 74
  • Lot: 16
  • Municipality: CITY OF TWO HARBORS
  • Latitude: 47.031
  • Longitude: -91.6694

    Address

  • Full Address: 501 12th Ave
  • Address - House Number: 501
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Two Harbors
  • Carrier Code: C003
  • 4-Digit Zip Code: 1215
  • Zip Code: 55616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,989

    Appraisal Valuation

  • Standard Deviation: 0.2646
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 62
  • Final Value: 226,662
  • High Value: 286,651
  • Low Value: 166,673

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,600
  • First Open Lien Mortgage Recording Date: Jun 24, 2022
  • First Open Lien Mortgage Loan Amount: $174,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $214,600
  • Market Land Value: $18,500
  • Market Improvement Value: $196,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,600
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $196,100

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Transaction ID: 11891246534
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1431474
  • Previous Sale Recording Date: Jun 28, 2006
  • Previous Sale Contract Date: Jun 23, 2006
  • Previous Sale Amount: $137,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Jun 24, 2022
  • First Mortgage Loan Amount: $174,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jun 28, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $110,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Two Harbors



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 501 12th Avenue located in?
The 501 12th Avenue is a located in the neighborhood of Two Harbors in Two Harbors, Two Harbors.
What is the average sales price for listings in 501 12th Avenue?
The average sales price for units in 501 12th Avenue is $0 currently.

Top Real Estate Agents
Quantcast