Welcome to 4979 Highway 7 in Mountain Iron — a well-maintained 4-bedroom, 2-bath home set on approximately 7 acres across two parcels. This property offers the space, storage, and updates buyers are looking for, with a peaceful country setting just minutes from town.
Inside, you’ll find a comfortable and functional layout with room to spread out, including a finished lower level that has been redone for added living space. Major updates have already been taken care of, including new steel siding, roof, gutters, soffit, fascia, windows, sliding back door, deck with steel supports, insulated garage doors, updated lighting, newer furnace and A/C, and a newer compliant 4-bedroom septic system.
Outside, the property features multiple garage spaces, including an attached garage and a Morton building with updated roofing and insulation, offering excellent storage for vehicles, equipment, tools, or recreational gear. With acreage, updates, and convenient access to Mountain Iron, Virginia, and surrounding Iron Range amenities, this property is a rare opportunity to enjoy space, privacy, and practical updates all in one.
Welcome Home!
Pending
Price cut: $10K (7/20)
$389,999
4979 Highway 7, Mountain Iron, MN 55768
4beds
1,835sqft
Single Family
Built in 1978
7.05 Acres Lot
$375,500 Zestimate®
$213/sqft
$-- HOA
What's special
- 90 days
- 135
- 6
Zillow last checked:
Listing updated:
Listed by:
Hannah Aldrich 218-966-6300,
Keller Williams Select Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7095475
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bathroom
- Description: 3/4 Basement,Upper Level Full Bath
Dining room
- Description: Informal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher
- Laundry: In Basement, Electric Dryer Hookup, Sink, Washer Hookup
Features
- Basement: Crawl Space,Daylight,Egress Window(s),Finished,Full,Storage Space,Sump Pump,Tray Ceiling(s)
- Number of fireplaces: 1
Interior area
- Total structure area: 1,835
- Total interior livable area: 1,835 sqft
- Finished area above ground: 1,186
- Finished area below ground: 649
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Multiple Garages
- Attached garage spaces: 2
- Details: Garage Dimensions (24x23)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 7.05 Acres
- Dimensions: 652 x 328
- Features: Tree Coverage - Medium
Details
- Additional structures: Pole Building
- Foundation area: 649
- Additional parcels included: 175007103752
- Parcel number: 175007103795
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Propane
- Sewer: Septic System Compliant - Yes
- Water: Well
Community & HOA
Community
- Subdivision: Mountain Iron Lands In The City
HOA
- Has HOA: No
Location
- Region: Mountain Iron
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $287,200
- Annual tax amount: $2,572
- Date on market: 7/1/2026
- Cumulative days on market: 84 days
Estimated market value
$375,500
$357,000 - $394,000
$2,192/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Pending sale | $389,999$213/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7095475 Report a problem | ||
| 7/20/2026 | Price change | $389,999-2.5%$213/sqft |
Source: Range AOR #150305 Report a problem | ||
| 7/6/2026 | Listed for sale | $399,999$218/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7095475 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,306 +0.2% | $287,200 +11.9% |
| 2024 | $2,302 +4.6% | $256,700 +3.3% |
| 2023 | $2,200 +13.8% | $248,400 +6.9% |
| 2022 | $1,934 +3.5% | $232,400 +22.6% |
| 2021 | $1,868 | $189,600 +5% |
| 2020 | $1,868 | $180,500 |
| 2019 | $1,868 +4.2% | $180,500 |
| 2018 | $1,792 -9.5% | $180,500 |
| 2017 | $1,980 +10.5% | $180,500 +11.1% |
| 2016 | $1,792 +15.9% | $162,400 +12.9% |
| 2015 | $1,546 +8.9% | $143,800 |
| 2014 | $1,420 -26.8% | $143,800 |
| 2013 | $1,941 +6.7% | $143,800 |
| 2012 | $1,819 +2% | $143,800 -12.8% |
| 2011 | $1,783 +2.5% | $164,900 |
| 2010 | $1,739 | $164,900 |
| 2009 | $1,739 +20% | $164,900 +6% |
| 2008 | $1,448 +2.9% | $155,500 +11% |
| 2007 | $1,408 +3.5% | $140,100 |
| 2006 | $1,361 -10.1% | $140,100 +9.9% |
| 2004 | $1,515 +0.4% | $127,500 +4.9% |
| 2003 | $1,509 +41% | $121,500 +3.9% |
| 2002 | $1,070 -17.6% | $116,900 +8.5% |
| 2001 | $1,298 +16.3% | $107,700 +8.5% |
| 2000 | $1,116 | $99,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55768
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