PRICE IMPROVEMENT – NOW JUST $128,500! Exceptional Value on a Beautifully Updated Home! Completely refreshed and move-in ready, this charming 2-bedroom, 1-bath home in Hoyt Lakes is the perfect blend of affordability and modern updates. Located just minutes from the Mesabi Bike Trail, this home offers both convenience and outdoor adventure right out your front door. Inside, you’ll find fresh paint throughout, brand-new flooring and carpet, new countertops, updated fixtures, and an updated main level bathroom to name a few. The thoughtful updates and added charm give the home a warm, welcoming feel while still leaving room to make it your own. With over 1,200 square feet of living space, an attached 1-stall garage, natural gas forced-air heat, and a newer roof already in place, many of the major items have already been taken care of. Outside, fresh mulch and improved curb appeal make a great first impression, while the front and rear decks provide space to relax and enjoy the peaceful surroundings. Whether you’re looking for a starter home, weekend getaway, investment property, or a low-maintenance place near endless recreation, this property is one you won't want to miss!
Affordable Fixer-Upper in Hoyt Lakes. If you’ve been looking for a project with real potential, this 2-bedroom, 1-bath home in Hoyt Lakes is worth a serious look. With just over 1,000 square feet of living space, an attached 1-stall garage, and both a front (8x12) and rear (4x4) deck, this property offers a solid starting point for someone ready to roll up their sleeves. The home features natural gas forced-air heat and a newer roof, giving you a couple of big-ticket items already checked off the list. Inside, the space needs work — updates, repairs, and your own vision — but the layout is workable, and the bones appear good. Best of all, it’s priced $30,000 under its tax value, making this an opportunity that doesn’t come along often in this market. Whether you’re an investor, a first-time buyer looking for sweat equity, or someone who enjoys bringing homes back to life, this one has room to grow. Homes in this price range are rare — take advantage while you can.
LSAR as distributed by WIREX #6123165
Feb 24, 2026
Sold
$54,950
$48/sq ft
Jan 14, 2026
Pending
—
Dec 15, 2025
Listed
$62,500
$55/sq ft
RAOR #149391
Feb 24, 2026
Sold
$54,950
$48/sq ft
Dec 12, 2025
Listed
$62,500
$55/sq ft
+10
Affordable Fixer-Upper in Hoyt Lakes. If you’ve been looking for a project with real potential, this 2-bedroom, 1-bath home in Hoyt Lakes is worth a serious look. With just over 1,000 square feet of living space, an attached 1-stall garage, and both a front (8x12) and rear (4x4) deck, this property offers a solid starting point for someone ready to roll up their sleeves. The home features natural gas forced-air heat and a newer roof, giving you a couple of big-ticket items already checked off the list. Inside, the space needs work — updates, repairs, and your own vision — but the layout is workable, and the bones appear good. Best of all, it’s priced $30,000 under its tax value, making this an opportunity that doesn’t come along often in this market. Whether you’re an investor, a first-time buyer looking for sweat equity, or someone who enjoys bringing homes back to life, this one has room to grow. Homes in this price range are rare — take advantage while you can.
Public Records
Dec 17, 2005
Sold
$35,000
$31/sq ft
Public Records
Dec 1, 2000
Sold
$34,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$722 (+36.7%)
$3,427 + $58,696
$62,123
2025
$528 (−11.1%)
$3,300 + $49,380
$52,680
2024
$594 (+46.3%)
$3,203 + $47,411
$50,614
2023
$406 (+3.0%)
$2,880 + $34,140
$37,020
2022
$394 (+11.9%)
$2,880 + $29,760
$32,640
2021
$352 (+15.8%)
$2,640 + $29,760
$32,400
2020
$304 (+12.6%)
$2,640 + $29,760
$32,400
2019
$270 (+3.8%)
$2,640 + $26,280
$28,920
2018
$260 (−7.1%)
$2,640 + $26,280
$28,920
2017
$280 (+23.9%)
$2,820 + $27,300
$30,120
2016
$226 (−11.4%)
$2,700 + $23,700
$26,400
2014
$255 (−5.5%)
$2,600 + $26,300
$28,900
2013
$270
$2,300 + $28,500
$30,800
Public record
Beds
2
Baths
1
Stories
1.2
Lot width
—
Lot depth
—
Lot size
7,225 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
974
Unfinished Sq. Ft.
—
Total Sq. Ft.
974
Year built
1956
Style
Single Family Residential
County
St. Louis County
APN
142-0024-00480
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 90° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Hoyt Lakes, MN • 55750
Average low and high temperatures (°F)
14
-4
24
3
39
17
48
27
66
39
74
51
77
56
74
54
73
49
58
38
38
24
22
6
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 320 Andover Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $110,500 and $169,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $111K to $169K.