702 Summit St N, Gilbert, MN 55741 Property Records

St. Louis County property record for 702 Summit St N, Gilbert, MN 55741

Property Summary

Property Type	Manufacturing (Light)
Details	10,950 sqft
Lot Size	6.81 acres (296,644 sqft)
Owner	Company Name on Record
Last Sale	$66,000 (Sep 2024)
Tax Bill	$46,570 (2026)
Deeds & Mortgages	Oct 2022 Construction Loan Oct 2019 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`060-0052-01175`

Property Details

APN / Parcel Number

Primary APN	`060-0052-01175`
Alternative APNs	`730077` `78745`

Interior

Building Area	10,950 sqft Gross Area
1st Floor Area	10,950 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Exterior Material	Metal
Lot Area	296,644 sqft (6.81 acres)
Garage Area	15,000 sqft
Total Buildings	4 Buildings

Location & Zoning

Account Number	78745
Street Address	702 SUMMIT ST N
City	GILBERT
State	MN
Zip	55741
Property Category	Industrial
Property Type	Industrial > Manufacturing (Light)
Legal Description	THAT PART OF THE WEST 641.00 FEET OF SW1/4OF NE1/4, LYING SOUTHERLY OF THE FOLLOWINGDESCRIBED LINE AND ITS WESTERLY
Legal Range	17W
Legal Township	58N
Legal Section	23
Legal Subdivision	GILBERT LANDS IN THE CITY 58-1
Jurisdiction	ST LOUIS MN
Township / Civil Division	GILBERT
Census Block Group	2
Census Block	2000
Census Tract	13500

Owner

Source: St. Louis County records, as of August 17, 2026

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

Owner of Record	Company Name on Record
Mailing Address	PO BOX 1245, VIRGINIA, MN 55792-1245
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Oct 25, 2022	Deed of Trust, Mortgage · Construction Mortgage NORTHERN STATE BANK OF VIRGINIA
Oct 30, 2019	Loan Modification, Mortgage NORTHERN ST BK/VA
Apr 2, 2019	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 9, 2024 · Amount on Record
Deed Sale	Sep 9, 2024 · Amount on Record
Prior Sale	Jul 25, 2024 · Amount on Record
Deed Document Number	20241494986
Prior Transfer Date	Jul 19, 2024
Prior Transfer Doc	0001502490
Record Updated	Sep 20, 2026

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	702 S SUMMIT ST, GILBERT, MN 55741-5202
Transaction Type	Mortgage
Record Updated	Nov 24, 2022
Title Company	UP NORTH TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 1245, VIRGINIA, MN 55792-1245

Mortgage

Document Number	0001454892
Date	Oct 25, 2022
Instrument	1454892

Lender

Name	NORTHERN STATE BANK OF VIRGINIA
Type	Bank
Address	VIRGINIA, MN 55792

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	66 Months
Due	Apr 20, 2028

October 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	ST LOUIS MN
Property Address	702 S SUMMIT ST, GILBERT, MN 55741-5202
Document Number	00A1367112
Instrument Date	Oct 30, 2019
Transaction Type	Mortgage
Record Updated	Feb 3, 2020
Title Company	UP N TITLE LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	PO BOX 1245 VIRGINIA MN 557921245, VIRGINIA, MN 55792-1245

Mortgage

Document Number	00A1367112
Date	Nov 7, 2019
Instrument	A1367112

Lender

Name	NORTHERN ST BK/VA
Type	Bank
Address	VIRGINIA, MN 55792

Agreement

Amount	Amount Recorded
Term	60 Months
Due	Nov 6, 2024

April 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ST LOUIS MN
Recording Date	Apr 2, 2019
Property Address	702 S SUMMIT ST, GILBERT, MN 55741-5202
Document Number	0001352460
Instrument Date	Mar 25, 2019
Instrument	1352460
Transaction Type	Transfer
Record Updated	Apr 12, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$280.50
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1021 S 2ND AVE VIRGINIA MN 557922878, VIRGINIA, MN 55792-2878

Tax Assessment & Valuation

Source: St. Louis County assessment roll, as of August 17, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
Municipality	Gilbert City
Unified School District	Rock Ridge Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$46,570.00 (-3.71%)
2025	$48,362.00 (+2.39%)	$1,259,300 (+4.01%) Land $53,600 Building $1,205,700	$1,259,300 (+4.01%) Land $53,600 Building $1,205,700
2024	$47,232.00	$1,210,700 (+71.46%) Land $47,300 Building $1,163,400	$1,210,700 (+71.46%) Land $47,300 Building $1,163,400
2022		$706,100 Land $79,300 Building $626,800	$706,100 Land $79,300 Building $626,800

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective March 24, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.02% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Gilbert serves 1,829 people · EPA ID MN1690020
Water Source	Groundwater
Last State Inspection	Nov 2025
Lead	Under 1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 301 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20

May also be available: CTC.

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