NOT LISTED FOR SALE

12 Locust Dr Babbitt, MN 55706

Estimated Value: $196,000 - $257,843

3 Beds
2.5 Baths
3,124 Sq Ft
$73/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $150,000 $48 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,394/month

3 Days on Market

Highlights

  • Recreation Room
  • Den
  • Workshop
  • Ranch Style House
  • Lower Floor Utility Room
  • Wood Frame Window

About This Home

As of November 2020

Beautiful custom built 3BR/3BA ranch style home on the outter edge of Babbitt. Tucked on 2 1/2 lots with an attached garage, plenty of room to build that dream workshop! Kitchen features oak mission style cabinets, newer flooring, and breakfast bar. Eat in Kitchen right next to the living room, you can walk with ease from one room to the next. Enter into the cozy living room and enjoy the bayed out window and stacked stone features. Two of the main floor bedrooms have double closets, and the 3rd bedroom is also a nice size. Master is a large 12x18 size! Lower level features a gas fireplace with stacked stone in the lower level rec room, two additional rooms for office, craft space, or storage, and a tinker's dream workshop and 3/4 bath. 1456 sq ft of space on the main level and lower level, you have lots of room to grow inside and out. Located easy walking distance to the school and many trails for ATV and snowmobiling fun! Updated gas furnace, ductless A/C to keep you cool in summers, newer roof, updated electric this home has been lovingly maintained!

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 09/20/2020

Last Buyer's Agent

Andrea Zupancich

Z' Up North Realty Listed on: 09/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Gas Fireplace
  • Bay Window
  • Wood Frame Window
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Utilities

  • Boiler Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 105-0053-00500, 00890

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,458

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: in town
  • L O1 Office Phone1 Number: 218-827-2288
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Brick
  • FinFootageAboveGrade: 1562
  • Below Grade Finished Sq Ft: 1562
  • Garage Type: Attached
  • Heat: Boiler, Propane
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Storage Room
  • Room 11: Workshop
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1970
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Bath, Den/Office, Family/Rec Room, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor, 1/4 Main Floor
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Eat-In Kitchen
  • Extra Rooms: Den/Office, Family/Rec, Utility Room, Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Den/Office
  • Room 9: Utility Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3124
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick, Metal
  • Window Features:Insulated Windows: Bay Window, Wood Frame

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24x26

Utilities

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

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 127x122, 123X72
  • Estimated Number of Acres: 0.39
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 105-0053-00500, 00890

Tax Info

  • Tax Amount: 1458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
Oct 14, 2020
Sold by
Deinhammer William and Deinhammer Virginia
Bought by
Schmit Jacob W
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Andrea Zupancich
Z' Up North Realty
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$226,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,711
Avg. Annual Appreciation
8.33%
Original Mortgage
$151,515
Outstanding Balance
$134,210
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$92,501
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmit Jacob W $150,000 Northeast Title Company
Schmit Jacob Jacob $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmit Jacob W $151,515
Closed Schmit Jacob Jacob $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $150,000 0.0% $48 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $150,000 -- $48 / 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 $2,516 $197,700 $8,000 $189,700
2023 $2,516 $197,700 $8,000 $189,700
2022 $2,224 $172,400 $7,100 $165,300
2021 $1,674 $138,400 $6,100 $132,300
2020 $1,404 $114,400 $6,100 $108,300
2019 $1,140 $104,600 $6,100 $98,500
2018 $1,154 $94,700 $6,100 $88,600
2017 $1,090 $94,700 $6,100 $88,600
2016 $858 $94,700 $6,100 $88,600
2015 $827 $55,000 $4,600 $50,400
2014 $827 $55,000 $4,600 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093199

APN: 105005300500