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614 Fayal Road

614 Fayal Road, Eveleth, MN 55734
Property in Eveleth
Sold Nov 09, 2021
$97,000
$95,243 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2051
Sold Mar 07, 2008
$72,000
614 Fayal Road has been categorized by the local assessors in Eveleth, MN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 614 Fayal Road has 1,198 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,497 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 828 sqft. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of metal. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 614 Fayal Road was last sold in Oct 29, 2021 for $97,000. According to our calculations, that's $80.97 per sqft. Prior to that sales transaction, the property was sold for $72,000 in Feb 20, 2008. Current property owners are expected to pay $1,538 in taxes per year. The property on 614 Fayal Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $109,500. To break that down further, the land itself was valued at $7,100. While improvements to the property were assessed at a total of $102,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Metal
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 828
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 7,497
  • Total Building Area: 1,198
  • Gross Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF FAYAL FIRST DIV
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INC PART OF VACATED ALLEY SERIAL #

Ownership

  • Current Owner : LATVAAHO HALEY
  • Previous Owner : ANDERSON MORRIS I
  • Previous Owner 2: ANDERSON JEAN M
  • Owner Before Previous Owner: CAMPBELL KELLY R
  • Owner Before Previous Owner 2: CAMPBELL PATTI E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eveleth-Gilbert School District
  • School Tax School District: 2909
  • Census Tract: 013300

Geography

  • Assessors Map Reference: MB 115
  • Account Number: 1120550
  • District: 40
  • Parcel: 040-0115-00100
  • Block: 1
  • Lot: 10
  • Municipality: CITY OF EVELETH
  • Latitude: 47.4603
  • Longitude: -92.5349

    Address

  • Full Address: 614 Fayal Rd
  • Address - House Number: 614
  • Address - Street Name: Fayal
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Eveleth
  • Carrier Code: C001
  • 4-Digit Zip Code: 1662
  • Zip Code: 55734

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,538
  • Tax Rate Code Area: CITY OF EV

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 49
  • Final Value: 106,832
  • High Value: 133,778
  • Low Value: 79,885

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $98,505
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $95,243
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051
  • Second Open Lien Mortgage Lender: STATE OF MINNESOTA
  • Second Open Lien Mortgage Recording Date: Nov 09, 2021
  • Second Open Lien Mortgage Loan Amount: $3,262
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $109,500
  • Market Land Value: $7,100
  • Market Improvement Value: $102,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,500
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $102,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11876947972
  • Current Sale Price: $97,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1429558
  • Previous Sale Recording Date: Mar 07, 2008
  • Previous Sale Contract Date: Feb 20, 2008
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $95,243
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

About Eveleth



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Frequently Asked Questions

What neighborhood is 614 Fayal Road located in?
The 614 Fayal Road is a located in the neighborhood of Eveleth in Eveleth, Eveleth.
What is the average sales price for listings in 614 Fayal Road?
The average sales price for units in 614 Fayal Road is $0 currently.

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