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2 Beds | 3 Baths | 2,660 Sq Ft | Single Family Home | MLS# 7085187
M Markdowns — Price Reduced — was $439,000 (↓ $14,000)
Is 27162 County Road 16 a Good Deal?
BuyPulse Verdict
Fair Market Value
At $160/sqft — This home is priced right at the Hibbing median of $160/sqft.
Powered by the Realgorithm™ — 1 active Hibbing listings · NorthstarMLS
$2,830/month Estimated
- Principal & interest
- $2,149
- Property taxes
- $433
- Home insurance (est.)
- $248
- HOA dues
- None
20% down ($85,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Key Features
- Built
- 2008
- Garage
- 2-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $5,190 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,400
- Below Grade Sq Ft
- 1,260
- Lot Size
- 15 acres
- Basement
- Yes
- County
- Itasca
- List Date
- 2026-06-02
- Days on Market
- 133 days
- Parcel ID
- 141121200
Financial
- Total Tax incl. Assessments
- $5,190
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- Well
- Sewer
- Septic System Compliant - Yes
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- See Remarks
- Foundation Area
- 1,400 sqft
- Total Building Area
- 2,800 sqft
Exterior Features
- Exterior Features
- Log
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- PERRELLA & ASSOCIATES
Price History
Reduced $14,000 (3.2%)
- Price reduced to $439,000 — Jul 27, 2026
- Price reduced to $425,000 — Aug 18, 2026
27162 County Road 16 is listed in Hibbing, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 27162 County Road 16
Associate Broker · Modern Market REALTORS®
Your Hibbing real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by PERRELLA & ASSOCIATES · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7085187 · Data refreshed August 18, 2026
Frequently Asked Questions About 27162 County Road 16
- Is $425,000 a good price for a home in Hibbing?
- According to BuyPulse, 27162 County Road 16 rates Fair Market Value — at $160/sqft it's priced right at the Hibbing median of $160/sqft. Powered by the Realgorithm™. Browse Hibbing homes for sale to compare.
- Does 27162 County Road 16 have a basement?
- Yes, 27162 County Road 16 has a basement with 1,260 sq ft of below-grade space.
- What type of heating and cooling does 27162 County Road 16 have?
- 27162 County Road 16 has Forced Air heating and Central Air cooling.
- Where is 27162 County Road 16 located?
- 27162 County Road 16 is in Hibbing, MN 55746, in Itasca County.
- Is 27162 County Road 16 still available?
- Yes — 27162 County Road 16 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 27162 County Road 16 built?
- 27162 County Road 16 was built in 2008. It features a see remarks foundation.
- Does 27162 County Road 16 have main-floor laundry?
- Yes — the laundry at 27162 County Road 16 is on the main level.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
Local Companies to Help You Settle In
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 7:59 PM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.