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$54,900   Price Analysis
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108 W Iowa Ave
Gilbert, MN 55741
3 bed 1 bath 1,350 SqFt ($40/SqFt)
3,598SqFt lot. Built 1920
Listed 2024-03-30, Taxes $1,104
USDA Eligible
near Gilbert, MN
 

Unfinished gem waiting for your touch!

Welcome to this fantastic investment opportunity in the heart of a thriving neighborhood. This 3 bedroom, 1 bathroom house is waiting for the right investor to bring it to its full potential. With a blank canvas awaiting your creative vision, this property offers limitless possibilities for customization and renovation. Whether you're looking to create a cozy family home, a stylish rental property or a modern flip, this house is the perfect starting point.

The big layout provides ample room for comfortable living, with three bedrooms offering flexibility for a variety of uses. The unfinished state of the property allows you to design the bathroom of your dreams, while the open floor plan invites endless possibilities for the kitchen, living room and dining ara. Located in a sought-after neighborhood with fantastic potential for growth, this property is a savvy investor's dream. Schedule a showing today!


Presented by Jacob Fahrendorff at
EXP Realty .


Property MLS #6511208 from NorthstarMLS

Bedrooms: 3

Total Rooms: 9
Basement Features: Brick/Mortar, Egress Windows, Poured Concrete
Family Room Features: Main Level

Dryer
Freezer
Range
Refrigerator
Washer

Cooling Features: Window
Heating Features: Boiler
Heating Fuel: Natural Gas

Full Bathrooms: 1

Dining Room Features: Kitchen/Dining Room, Living/Dining Room

Land Lease Amount Frequency: No
Lot Size Acres: 0.0826
Lot Size Dimensions: 30 x 120
Lot Size Square Feet: 3598

Road Frontage Type: City, Curbs, Sidewalks, Street Lights
Road Responsibility: Public Maintained Road

Garage Spaces: 1
Parking Features: Detached Garage
Garage Sqft: 480

Association: No
Calculated Total Monthly Association Fees: 0

School District: 2154 - Eveleth-Gilbert

Eveleth-Gilbert Junior High School is a public middle school located approximately 3.4 miles away.
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Eveleth-Gilbert Senior High School is a public high school located approximately 3.4 miles away.
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Eveleth Gilbert Hope Program is a public high school located approximately 3.4 miles away.
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Nelle Shean Elementary School is a public elementary school located approximately 3.4 miles away.
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Range Christian Academy is a private elementary school located approximately 3.9 miles away.
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Annual Tax Amount: 850.00
Source Listing Status: Active
County: St. Louis-MN
Directions: From Highway 135 turn on 37. From 37 turn onto Iowa Avenue.
Tax Year: 2023
Source Property Type: Single Family
Source Neighborhood: Gilbert
Parcel Number: 060001001990
Subdivision: Gilbert
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$51,400 + $3,400
$54,800
$1,104
2021$44,600 + $3,100
$47,700
$1,060
2019$45,300 + $3,100
$48,400
$968
2018$49,900 + $2,900
$52,800
$1,046
2014$39,300 + $2,900
$42,200
$832
2013$37,300 + $3,000
$40,300
$843
2011$23,900 + $2,100
$26,000
$227
2010$44,100 + $3,600
$47,700
$365
2009$40,800 + $3,200
$44,000
$274
2008$35,500 + $2,800
$38,300
$241
2007$29,700 + $3,100
$32,800
$161

Listed 2024-03-30
$54,900
NorthstarMLS
Sold 2017-10-16
$22,800
Public Record

Total Square Feet Living: 1350
Above Grade Finished Area: 1200
BelowGradeFinishedArea: 150
Foundation Area: 1350.00
Property Age: 104
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 600.00
Total Area Main: 600.00
Total Below Grade Area: 150.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.