7220 Highway 2 Saginaw, MN 55779

Get Owner Info
4 beds · 1 bath · 2,406 sq ft · Lot Size: 396,396 sq ft · Single Family Home
Est. Property Value: $349,200
Ask Landon, Your Real Estate AssistantBETA
Ask LandonBETA

Hi, I'm Landon!

I'm here to help you uncover property and market intel. My answers are powered by AI, so I may not always get things right. Learn more.

Let's get started.

Who currently owns this property and how can I contact them?
Is this property a good investment opportunity compared to similar properties in the neighborhood?
How much passive income could I generate if I rented out this property?
By messaging Landon, you accept our Terms and Privacy Policy

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

7220 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 1950 and is approximately 75 years old. The single family home spans 2406 sq ft with 4 bedrooms and 1 bathroom and sits on a 396396 sq ft lot. According to public records, it has a tax-assessed value of $349,200, which is $145 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7220 Highway 2 Saginaw, MN 55779 with Property Intel by Whitepages.

7220 Highway 2

Saginaw, MN 55779

Owner Info

Owners & Occupancy for 7220 Highway 2

This property is owned by Brenda M Eugenis. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

Cell Phone(218) ***-****View Cell Phone
Residence***********
Landline(218) 878-4895
Distance from Property**********
Email Address********@yahoo.comView Email
Cell Phone(218) ***-****View Cell Phone
Residence***********
Landline(218) 729-8656
Distance from Property**********
Email Address*******@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 69
Resident 2**************** age 68

Property Financials for 7220 Highway 2

7220 Highway 2, Saginaw, MN has a mortgage (orig. June 03, 2004). The St. Louis county assessment for 2023 values it at $349,200, with annual taxes of $3,380.

Mortgage & Equity Information

Loan Amount$*****
Origination DateJune 03, 2004
Interest Rate****%
Term40 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Property Tax Amount$3,380 in 2024
Assessed Value$349,200 on 2023

Investment Potential for 7220 Highway 2

The property has a current estimated value of $349,200, which is 1% below the zip median. Projected long-term rental income is $31,200 annually ($2,600 per month) with a 85% occupancy rate.

Discover more Single Family Homes in 55779.

Long-Term

Gross Rental
$31,200 per year($2,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
85%in 55779 zip code
 
View Rental Potential

Property Details for 7220 Highway 2

Property Details

Property Sq Ft

Living Area

2,406 sq ft

35% above market

Lot Size

396,396 sq ft

1% above market

Price Per Sq Ft

Living Area

$145 / sq ft

26% below market

Lot Size Area

$1 / sq ft

10% below market

Property condition, age, exterior, etc. for 7220 Highw…
Longitude: -92.440852 Latitude: 46.842579 Parcel Number (APN): 275001000135…

Recommended Properties in 55779

Discover more single family homes near 7220 Highway 2 in Saginaw, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7220 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
$349,200
$410,298
-$61,098 (-15%)
YoY Price Change
Year Built
1950
1987
-37 years
Living Space
2,406 sq ft
2,316 sq ft
90 (4%)
$ Per Living Sq Ft
$145
$180
-$35 (-19%)
Lot Size
396,396 sq ft
14,246 sq ft
382150 (2683%)
$ Per Lot Sq Ft
$1
$28
-$27 (-97%)

Net Operating Income
$19,241
$1,860 (10%)
Annual Revenue
$31,200
$31,200
$0 (0%)
$11,863
-$1,764 (-15%)
Net Operating Income
$19,241
$1,860 (10%)
Cap Rate
4.76%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Find More Housing Markets Near Saginaw