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508 16th St

Hibbing, MN 55746

3 bd 2 ba 1,391 sqft Built 1924 Lot 10,019 sqft single_family
Most recent sale
$65,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $65,000 MLS #142509
Jul 21, 2015 Sold $62,800 MLS #6014964
May 20, 2015 Listing removed $59,900 RangeMLS
May 20, 2015 Price changed $59,900 MLS #6014964
Mar 17, 2015 Listed $69,900 MLS #126136
Mar 28, 2011 Sold $68,500 Public Record
Nov 2, 2010 Sold $26,000 MLS #155007
Oct 4, 2010 Listing removed $29,900 RangeMLS
Sep 30, 2010 Price changed $29,900 MLS #155007
Aug 25, 2010 Listed $38,900 MLS #115390
Feb 24, 2009 Listing removed $69,900 RangeMLS
Sep 26, 2008 Listed $69,900 MLS #109925
Nov 16, 2006 Sold $58,000 Public Record
Feb 20, 2001 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $40,500 $9,000 $49,500 $408
2025 $42,360 $9,000 $51,360 $252
2023 $28,020 $8,100 $36,120 $342
2022 $25,440 $8,100 $33,540 $312
2021 $42,400 $13,500 $55,900 $996
2020 $42,400 $13,500 $55,900 $988
2019 $42,400 $13,500 $55,900 $244
2018 $22,500 $8,220 $30,720 $238
2017 $22,500 $8,220 $30,720 $226
2016 $22,500 $8,220 $30,720 $1,118
2015 $22,500 $8,200 $30,700 $1,812
2014 $37,500 $13,700 $51,200 $1,923
2013 $41,000 $13,000 $54,000 $1,958
2012 $41,000 $8,500 $49,500 $1,074
2011 $41,000 $8,500 $49,500 $229
2010 $45,300 $8,500 $53,800 $199
2009 $39,100 $11,800 $50,900 $160
2008 $39,100 $11,800 $50,900 $683
2007 $39,100 $11,800 $50,900 $233

Property facts

Year built
1924
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,391 sqft
Lot size
10,019 sqft
ZIP code
55746
City
Hibbing
Street
16th St
Coordinates
47.43161, -92.93642

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 16th St last sell?
508 16th St most recently sold on Dec 30, 2021 for $65,000.
What is the current tax assessment for 508 16th St?
The most recent total assessment for 508 16th St (year 2026) is $49,500 with $408 in property tax.
How does 508 16th St's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $65,000.
When was 508 16th St built?
508 16th St was built in 1924.
How does 508 16th St compare to others on 16th St?
We track 8 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 508 16th St?
508 16th St is a 3 bed, 2 bath, 1,391 sqft, 10,019 sqft lot single_family.
Is 508 16th St a flip candidate?
No — 508 16th St does not appear in our flips dataset.
Is 508 16th St a tax-appeal candidate?
No — 508 16th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.7%
Implied 1-yr
+14.7%
2026 Q3
$211.3K
2026 Q4
$217.6K
ZIP 55746 — Median Price History + Forecast

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