7252 Highway 2 Saginaw, MN 55779

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3 beds · 2 baths · 1,290 sq ft · Lot Size: 389,426 sq ft · Single Family Home
Est. Property Value: $290,800
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7252 Highway 2 is in the 55779 neighborhood of Saginaw, MN. It is located in St. Louis County and ZIP code 55779. This Single Family Home was built in 1976 and is approximately 49 years old. The single family home spans 1290 sq ft with 3 bedrooms and 2 bathrooms and sits on a 389426 sq ft lot. According to public records, it was last sold in 2020 for $340,000 and has a tax-assessed value of $290,800, which is $225 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7252 Highway 2 Saginaw, MN 55779 with Property Intel by Whitepages.

7252 Highway 2

Saginaw, MN 55779

Owner Info

Owners & Occupancy for 7252 Highway 2

This property is owned by Matthew James Kohne. Owner contact information includes 11 phone numbers and 3 email addresses.

Property Owners

Cell Phone(218) ***-****View Cell Phone
Residence***********
Landline(218) 879-2175
Distance from Property**********
Email Address************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 34
Resident 2****************** age 33

Property Financials for 7252 Highway 2

7252 Highway 2, Saginaw, MN has a mortgage from North Shore Bk/commerce (orig. October 22, 2020). The St. Louis county assessment for 2023 values it at $290,800, with annual taxes of $2,722.

Mortgage & Equity Information

Loan Amount$******
LenderNorth Shore Bk/commerce
Origination DateOctober 22, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateOctober 22, 2020
Property Tax Amount$2,722 in 2024
Purchase Price$340,000
Assessed Value$290,800 on 2023

Investment Potential for 7252 Highway 2

The property has a current estimated value of $290,800, which is 0% below the zip median, based on public records. It last sold on October 22, 2020 for $340K. Projected long-term
is $27,000 annually ($2,250 per month) with a 85% occupancy rate.

Discover more Single Family Homes in 55779.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
85%in 55779 zip code
 
View Rental Potential

Property Details for 7252 Highway 2

Property Details

Property Sq Ft

Living Area

1,290 sq ft

10% below market

Lot Size

389,426 sq ft

0% above market

Price Per Sq Ft

Living Area

$225 / sq ft

13% above market

Lot Size Area

$1 / sq ft

14% below market

Property condition, age, exterior, etc. for 7252 Highw…
Longitude: -92.444849 Latitude: 46.84269 Parcel Number (APN): 275001000140…

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Market Benchmarks

Compare data for 7252 Highway 2 in St. Louis County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$290,800
$306,036
-$15,236 (-5%)
YoY Price Change
Year Built
1976
1972
4 years
Living Space
1,290 sq ft
1,644 sq ft
-354 (-22%)
$ Per Living Sq Ft
$225
$186
$39 (21%)
Lot Size
389,426 sq ft
11,705 sq ft
377721 (3227%)
$ Per Lot Sq Ft
$1
$25
-$24 (-97%)

Net Operating Income
$18,402
$143 (1%)
Annual Revenue
$27,000
$28,200
-$1,200 (-4%)
$9,553
-$1,098 (-11%)
Net Operating Income
$18,402
$143 (1%)
Cap Rate
5.97%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Saginaw