Opportunity awaits with this as-is property on a spacious lot in Two Harbors. Home needs work but offers great potential for investors or buyers looking to build equity. Quiet setting with easy access to Hwy 61.
Active
$189,500
692 Valley Rd, Two Harbors, MN 55616
2beds
2,016sqft
Est.:
Single Family
Built in 1938
10 Acres Lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Spacious lotQuiet setting
- 11 days |
- 3,151 |
- 135 |
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Hagel 952-395-2799,
Jeff Hagel
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7048129
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area above ground: 1,008
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 10 Acres
- Dimensions: 329 x 1324
Details
- Foundation area: 1008
- Parcel number: 25531133730
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Gas: Natural Gas
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Two Harbors
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $216,500
- Annual tax amount: $558
- Date on market: 4/3/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,599/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $189,500+742.2%$94/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7048129 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/21/2017 | Listing removed | $22,500$11/sqft |
Source: Owner Report a problem | ||
| 7/31/2016 | Price change | $22,500-10%$11/sqft |
Source: Owner Report a problem | ||
| 5/27/2016 | Listed for sale | $25,000$12/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $582 -38.1% | $189,435 +7.2% |
| 2024 | $940 +29.5% | $176,791 -10.5% |
| 2023 | $726 -15.1% | $197,437 +54.4% |
| 2022 | $855 -0.2% | $127,895 |
| 2021 | $857 -18% | $127,895 |
| 2020 | $1,045 +70.7% | $127,895 -1.8% |
| 2018 | $612 +11.5% | $130,200 +9% |
| 2017 | $549 +17.1% | $119,400 +3.2% |
| 2016 | $469 -9.2% | $115,700 +6.5% |
| 2015 | $517 | $108,600 |
| 2014 | $517 +35.7% | -- |
| 2013 | $381 -5.4% | -- |
| 2012 | $403 | -- |
| 2011 | -- | -- |
| 2010 | $410 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$1,095/mo
Principal & interest
$977
Property taxes
$118
More affordability tools
Climate risks
Neighborhood: 55616
Nearby schools
GreatSchools rating
- 6/10Minnehaha Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 7/10Two Harbors SecondaryGrades: 6-12Distance: 3.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Lake County
- Two Harbors
- 55616
- 692 Valley Rd
Nearby cities
Nearby zip codes
Other Two Harbors Topics
