NOT LISTED FOR SALE

5461 Diamond Ln Mountain Iron, MN 55768

Estimated Value: $447,000 - $509,000

4 Beds
3 Baths
1,526 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $496,000 $325 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,988/month

4 Days on Market

About This Home

As of April 2024

Updated 4 BR/2.75 BA home with an open floor plan and located in Unity Addition!!! Complete kitchen remodel including new quartz countertops, top end cabinets, plank flooring throughout the main level, stylish fixtures, Anderson Windows, tile backslash and stainless appliances. The living room has a new electric fireplace with stone surround and a 150 year old barn wood mantle. Check out the spacious and private family room with new built-in cabinets. The downstairs also has 2 nice bedrooms or workout/craft room with egress windows. The large 3 stall garage is insulated and heated. The sellers have recently added a large storage building and all new concrete driveway. The backyard has fruit trees and perennial gardens and a spacious area for family gatherings.

Last Listed By

Richard Erickson

Re/Max Results License #40098089 Listed on: 03/06/2024

Re/Max Results

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,068

Year Built

2010

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame, Modular
  • Guttering: Yes
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 2
  • Lvt Date: 03/06/2024
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 4
  • Parcel Code Number: 175-0130-00090
  • Patioporch: Patio, Porch
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 4058
  • Style: One Story
  • Total Above Grade Sq Ft: 1526
  • Type: Residential
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2899
  • Bedroom 1: Size: 13x16, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Garage Opener, Microwave, Refrigerator, Washer, Gas Dryer, Gas Range
  • Basement: Full
  • Bedroom 2: Size: 12x13, On Level: Main
  • Bedroom 3: Size: 11x13, On Level: Main
  • Dining Room: Size: 11x12, On Level: Main
  • Fireplace: 1 Fireplace, Electric Log
  • Kitchen: Size: 13x14, On Level: Main
  • Living Room: Size: 15x19, On Level: Main
  • Lower Level Sq Ft: 1526
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1526
  • Other Room 2: Bdrm 4, Size: 13x12, On Level: Lower
  • Rec Room: Size: 13x24, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 3+ Stalls, Attached
  • Garage Capacity: 3
  • Garage Size: 33x27

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer
  • Water Heater: Gas

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 160x145
  • Number Of Acres: 0.55
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 18, 2024
Sold by
Krage Matthew and Papenfuss-Krage Samantha
Bought by
Henning Jonathan and Henning Jessica
Seller's Agent
Richard Erickson
Re/Max Results
Buyer's Agent
Matt Rengstorf
Perrella & Associates
List Price
$499,000
Sold Price
$496,000
Premium/Discount to List
-$3,000
-0.6%
Total Days on Market
4
Views
48
Current Estimated Value
$474,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,434
Avg. Annual Appreciation
-4.24%
Original Mortgage
$80,000
Outstanding Balance
$79,172
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$395,394

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 15, 2016
Sold by
Patton Michael E and Patton Jeanne M
Bought by
Krage Matthew E and Papenfuss Krage Samantha E
Seller's Agent
Sheila Richter
Culbert Realty
Buyer's Agent
Richard Erickson
Re/Max Results
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$257,050
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Iverson Todd and Iverson Michele
Bought by
Patton Michael E and Patton Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
City Of Mountain Iron
Bought by
Iverson Todd and Iverson Michele

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
Henning Jonathan $496,000 --
Krage Matthew E $265,000 All American Title
Patton Michael E $215,000 Up North Title
Iverson Todd $14,709 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papenfuss-Krage Samantha E $80,000
Previous Owner Krage Matthew E $257,050
Previous Owner Patton Michael E $204,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $496,000 -0.6% $325 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $499,000 +88.3% $327 / Sq Ft
07/15/2016 07/15/16 Sold $265,000 -- $174 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
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 $4,068 $393,100 $19,000 $374,100
2022 $2,902 $321,800 $19,000 $302,800
2021 $2,892 $257,300 $17,200 $240,100
2020 $2,896 $257,300 $17,200 $240,100
2019 $3,052 $250,400 $17,200 $233,200
2018 $2,786 $250,400 $17,200 $233,200
2017 $2,648 $250,400 $17,200 $233,200
2016 $2,446 $239,200 $17,200 $222,000
2015 $2,228 $187,400 $12,400 $175,000
2014 $2,228 $182,600 $12,300 $170,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Erickson

    Seller's Agent in 2024

    Richard Erickson

    RE/MAX

    (218) 780-9573

    72 Total Sales

    Richard Erickson
    Section Image
  • Matt Rengstorf

    Buyer's Agent in 2024

    Matt Rengstorf

    Perrella & Associates

    (218) 295-2240

    452 Total Sales

    Matt Rengstorf
    Section Image

  • S

    Seller's Agent in 2016

    Sheila Richter

    Culbert Realty

    (218) 780-6040

    6 Total Sales

    Sheila Richter
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 146351

Range Association of REALTORS®

APN: 175013000090

Minnesota St Louis County Mountain Iron 55768

5461 Diamond Ln, Mountain Iron, MN

Homes for Sale in Mountain Iron, MN

This home is located at 5461 Diamond Ln, Mountain Iron, MN 55768 since 06 March 2024 and is currently estimated at $474,566, approximately $310 per square foot. This property was built in 2010. 5461 Diamond Ln is a home located in St. Louis County with nearby schools including Merritt Elementary School and Mountain Iron-Buhl Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.