402 E 16th St, Hibbing, MN 55746 Property Records

St. Louis County property record for 402 E 16th St, Hibbing, MN 55746 · Last verified August 2026

Property Highlights

Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Year BuiltBuilt 1978
Square Footage6,492 sqft Gross Area
Lot Size10,202 sqft (0.234 acres)
Last Sale$800,000 (2022)
Tax Bill$10,574.00 (2026)

Property Details

APN / Parcel Number

Primary APN140-0140-00460
Alternative APNs
  • 1139271
  • 751037

Interior

Units12 Units
Building Area6,492 sqft Gross Area
1st Floor3,246 sqft 1st Floor
Basement Area3,246 sqft Basement
Stories2 Stories
Primary FlooringVinyl/Resilient Flooring
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system
ElevatorElevator

Exterior

Year BuiltBuilt 1949
Effective Year BuiltEffective 1978
Exterior MaterialStucco Exterior
Lot Area10,202 sqft (0.234 acres)

Utilities and HVAC

Cooling SystemWall Unit Cooling
Heating SystemSteam Heating

Location & Zoning

Account Number1139271
Street Address402 E 16TH ST
CityHIBBING
StateMN
Zip55746-1446
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionLOTS 1 2 AND 3 SERIAL #
Legal SubdivisionPARK ADD TO HIBBING
Legal Block3
Legal Lot Number1-2
JurisdictionST LOUIS MN
Minor Civil DivisionHIBBING
Census Blockgroup2
Census Block2013
Census Tract12200

Owner

Source: St. Louis County records · APN 140-0140-00460

Assessment roll updated August 17, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address4992 HERITAGE DR, DULUTH, MN 55803-1102
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jan 22, 2024Deed of Trust, Mortgage · Line of Credit
NORTHERN STATE BANK OF VIRGINIA
Jan 11, 2022Deed of Trust, Mortgage · Commercial Mortgage
SECURITY STATE BANK OF HIBBING
Oct 27, 2022Warranty Deed, Transfer · Stand Alone First Mortgage
NORTHERN STATE BANK OF VIRGINIA

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 27, 2022 · Amount on Record
Deed SaleOct 27, 2022 · Amount on Record
Prior SaleDec 06, 2006 · Amount on Record
Deed Doc Number20221455128
Record RefreshedSep 20, 2026

January 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address402 E 16TH ST, HIBBING, MN 55746-1446
Transaction TypeMortgage
Record UpdatedFeb 06, 2024

Transferred To (Grantee/Buyer)

NameVerified Name
Address220 E PARK DR, HIBBING, MN 55746-2336

Mortgage

Document Number0001481869
DateJan 22, 2024
Instrument1481869
Lender
NameNORTHERN STATE BANK OF VIRGINIA
TypeBank
AddressVIRGINIA, MN 55792
Agreement
TypeLine of Credit
AmountAmount Recorded
Term12 Months
DueJan 19, 2025
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address402 E 16TH ST, HIBBING, MN 55746-1446
Transaction TypeMortgage
Record UpdatedNov 29, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0001434936
DateJan 11, 2022
Instrument1434936
Lender
NameSECURITY STATE BANK OF HIBBING
TypeBank
AddressHIBBING, MN 55746
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term59 Months
DueDec 30, 2026

October 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateOct 27, 2022
Property Address402 E 16TH ST, HIBBING, MN 55746-1446
Document Number0001455128
Instrument DateOct 04, 2022
Instrument1455128
Transaction TypeTransfer
Record UpdatedNov 29, 2023
Title CompanySELLMAN TITLE COMPANY, SELLMAN TITLE COMPANY LLC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$2,640.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 362, HIBBING, MN 55746-0362

Mortgage

Document Number0001455129
DateOct 27, 2022
Instrument1455129
Lender
NameNORTHERN STATE BANK OF VIRGINIA
TypeBank
Agreement
TypeStand Alone First Mortgage
AmountAmount Recorded
Term30 Months
DueApr 04, 2025

Tax Assessment & Valuation

Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateMinnesota
CountySt. Louis County
MunicipalityHibbing City
Unified School DistrictHibbing Public School District (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$10,574.00 (+7%)
2025$9,882.00 (+148.79%)$561,900 (+11.44%) Land $29,800 Building $532,100$561,900 (+11.44%) Land $29,800 Building $532,100
2024$504,200 (+173.58%) Land $26,700 Building $477,500$504,200 (+173.58%) Land $26,700 Building $477,500
2023$3,972.00
2022$184,300 Land $26,200 Building $158,100$184,300 Land $26,200 Building $158,100

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, St. Louis County (27137C), updated March 24, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskLow
above 20% of the US · above 39% of Minnesota
Wildfire LikelihoodAbout 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

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