NOT LISTED FOR SALE

12 Cedar Dr Babbitt, MN 55706

Estimated Value: $184,000 - $204,000

5 Beds
2 Baths
2,496 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $155,900 $62 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,137/month

108 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Traditional Architecture
  • No HOA
  • Living Room

About This Home

As of February 2023

A 5BR, 2BA well maintained split level home with numerous updates. The upper level has 3 bedrooms, spacious full bath, large open living room that opens to the dining room & kitchen area. The dining room has sliding doors that lead out to the 10" x 20' deck rebuilt in 2020; perfect for outdoor grilling and dining in the wooded back yard. Lower level has 2 BR in need of legal egress windows, utility room, rec room and 3/4 bath. There is direct access to the 25' x 30' attached garage from the lower level. Features new hot water heat propane furnace, newer shingles and freshly painted interior. Spacious rooms and lots of storage throughout.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 09/06/2022

Last Buyer's Agent

Jodi Nyman

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 86 x 224
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 105-0051-00570

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Turn onto Central Avenue heading toward Babbitt about 15 miles, Turn left onto Co Hwy 70/Ely Babbitt Rd. Turn right onto South Drive; Turn right onto Cypress Blvd. Turn left onto Cedar Drive to address & sign.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • Property Sub-Type: SF/Attached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1248
  • Below Grade Finished Sq Ft: 1248
  • Garage Type: Attached
  • Heat: Boiler, Hot Water, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Laundry Room
  • Room 11: Rec Room
  • Room 12: Bathroom
  • Bedroom 3: Kitchen
  • TotalBedrooms: 5
  • Year Built: 1978
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Range/Stove
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: Bi-Level Split
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2496
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk, Storm Sewer, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Brick, Vinyl

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26 X 30

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Estimated Lot Dimensions: 86 x 224
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Level
  • Parcel Number: 105-0051-00570

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Feb 1, 2023
Sold by
Schmidt Andre and Schmidt Elizabeth
Bought by
Beatty Amber and Okane John J
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Jodi Nyman
Z' Up North Realty
List Price
$155,900
Sold Price
$155,900
Current Estimated Value
$193,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,991
Avg. Annual Appreciation
7.73%
Original Mortgage
$95,900
Outstanding Balance
$93,138
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$100,753

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 27, 2018
Sold by
North Shore Bank Of Commerce
Bought by
Schmidt Andre and Schmidt Elizabeth
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Member Non
NON-MEMBER
Sold Price
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$65,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Lundein Betty Catherine and Lundein Betty Catherine
Bought by
North Shore Bank Of Commerce and The Archie J Lundein And Catherine Lunde

Purchase Details

Closed on
Dec 21, 2000
Sold by
Lundein Archie J and Lundein Catherine B
Bought by
Kepler David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Beatty Amber $155,900 Northeast Title Company
Schmidt Andre $83,000 Northeast Title Company
North Shore Bank Of Commerce -- None Available
Kepler David $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Amber $95,900
Previous Owner Schmidt Andre $65,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2023 02/15/23 Sold $155,900 0.0% $62 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $155,900 +87.8% $62 / Sq Ft
04/03/2018 04/03/18 Sold $83,000 -- $35 / Sq Ft View Prior Sale
02/12/2018 02/12/18 Pending -- -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,600 $149,200 $7,000 $142,200
2023 $1,600 $160,700 $7,000 $153,700
2022 $1,010 $107,800 $6,200 $101,600
2021 $984 $87,900 $5,300 $82,600
2020 $958 $86,100 $5,300 $80,800
2019 $746 $86,100 $5,300 $80,800
2018 $756 $78,000 $5,300 $72,700
2017 $710 $78,000 $5,300 $72,700
2016 $880 $78,000 $5,300 $72,700
2015 $649 $46,300 $2,900 $43,400
2014 $649 $46,300 $2,900 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105308

APN: 105005100570