NOT LISTED FOR SALE

12 Linney St Babbitt, MN 55706

7 Beds
4 Baths
3,456 Sq Ft
0.86 Acres

Last Sold April 01, 2022

Last sale price $230,000 $67 Per Sq Ft

110 Days on Market

Highlights

  • Multiple Garages
  • No HOA
  • 8 Car Detached Garage
  • Deck
  • Lower Floor Utility Room
  • Laundry Room

About This Home

As of April 2022

Investment opportunity awaiting that entrepreneur! Fourplex with 12 single unit garage spaces as well. Nicely updated units inside and out. Three units have two bedrooms and one has one bedroom. Solid rental history and long term tenants. Situated outside of town in a quite area. Lots of space for more garage units if you 'd like too! Units are approx 850 sq feet each, and upper level 1 unit affords the opportunity of an owner occupant to live in that unit and the one below for a combined 3 BR 2 BA unit and roughly 1600+ sq feet of space Sq ftg is approx Laundry facilities available, large deck for all to enjoy.

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 09/03/2021

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1977

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 200x188

Parking

  • 8 Car Detached Garage
  • Multiple Garages

Home Design

  • Quadruplex
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Lower Floor Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Additional Features

  • Deck
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tenant pays for internet service, cable TV, electric, trash, water
  • Assessor Parcel Number 105-0080-00054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,972

Year Built

Built in 1977

Lot Details

0

Parking

8

Listing Details

  • Class: MULTI-FAMILY
  • Directions: in town
  • L O1 Office Phone1 Number: 218-827-2288
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck
  • CondoPropertyType: Front & Back
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1728
  • Below Grade Finished Sq Ft: 1728
  • Upper Level Totals:Fireplace3: No
  • Garage Type: Detached, Multiple
  • Heat: Hot Water, Electric
  • Laundry: Separate Room
  • Parking Number Garage Spaces: 8
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 7
  • MediaType: Fourplex
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Apartment, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 3456

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Concrete Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 200x188
  • Estimated Number of Acres: 0.86
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 105-0080-00054

Rental Info

  • Tenant Expense: Internet Service, Cable TV, Electric, Trash, Water

Tax Info

  • Tax Amount: 2972

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $230,000 -7.6% $67 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $249,000 -- $72 / Sq Ft
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 $3,880 $224,100 $17,200 $206,900
2023 $3,880 $208,400 $17,200 $191,200
2022 $2,794 $155,900 $15,100 $140,800
2021 $2,972 $126,500 $13,000 $113,500
2020 $2,918 $133,200 $13,000 $120,200
2019 $2,866 $133,200 $13,000 $120,200
2018 $2,890 $133,200 $13,000 $120,200
2017 $2,764 $133,200 $13,000 $120,200
2016 $2,280 $133,200 $13,000 $120,200
2015 $2,161 $144,400 $11,000 $133,400
2014 $2,161 $120,200 $9,200 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6099477

APN: 105-0080-00054