NOT LISTED FOR SALE

1837 Boundary St Babbitt, MN 55706

Estimated Value: $257,000 - $327,000

1 Bed
-- Bath
192 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $205,000 $1,068 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,766/month

558 Days on Market

Highlights

  • Private Waterfront
  • Panoramic View
  • Wood Frame Window
  • Beach Access
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of February 2021

Two classic seasonal Birch Lake cabins right on the waters edge. 250 +/- feet of prime lakeshore and about 1+/- acre of majestic pine laden property. The first cabin has Douglas Fir wood floors, kitchen, and dining area, electric heat, and generous lakeside windows; providing great views of the lake. The second cabin is currently used half for storage of recreational items and the lake side half is sleeping quarters. Ready for immediate seasonal enjoyment; including a screen house, a dedicated patio fire-ring area with seating, and outhouse. The shoreline is friendly for swimming and recreating. The property has been surveyed and a Septic System Evaluation has been performed on the property which provides future building options. MOTIVATED SELLER

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 07/02/2019

Last Buyer's Agent

Sara Powell

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 250 x 190
  • Private Waterfront
  • 250 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 192 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room
  • Storage Room

Kitchen

  • Range
  • Microwave

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Outhouse

Utilities

  • Heating Available
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 610-0020-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, Travel south on Central Avenue, where it changes to Hwy 21. Follow Hwy 21 to Babbitt. Turn left and follow to Mattila Rd (take a left onto) follow to Boundary Street. Turn left and follow to the property address & sign.
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 1067.71
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel, Sand, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 192
  • Garage Type: None
  • Heat: Electric
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles, Metal
  • Bedroom 3: Storage Room
  • TotalBedrooms: 1
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Material: Wood
  • Basement Style: None
  • Bathroom Description: None
  • Formal Dining: Other
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Bedroom
  • Stories: 1 Story
  • Total Fin Square Footage: 192
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 250
  • Waterfront Name: Birch
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt, Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: Outhouse
  • Water: None

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2019-07-04
  • Estimated Lot Dimensions: 250 x 190
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 610-0020-00010
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Feb 26, 2021
Sold by
Marshall Wayne and Marshall Wanda
Bought by
Boelk Randy and Boelk Rebecca
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Sara Powell
Z' Up North Realty
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$278,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,263
Avg. Annual Appreciation
7.28%
Original Mortgage
$174,000
Outstanding Balance
$33,681
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$244,582

Purchase Details

Closed on
May 10, 2007
Sold by
Sundquist Daniel W and Sundquist Verna A
Bought by
Marshall Wayne and Marshall Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.42%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Boelk Randy $205,000 Northeast Title Company
Marshall Wayne $250,000 Ne Title
Boelk Randy Randy $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boelk Randy $174,000
Previous Owner Marshall Wayne $187,500
Closed Boelk Randy Randy $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $205,000 0.0% $1,068 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
07/02/2019 07/02/19 For Sale $205,000 -- $1,068 / 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
2023 $2,658 $202,300 $197,500 $4,800
2022 $1,908 $202,300 $197,500 $4,800
2021 $1,854 $153,400 $149,700 $3,700
2020 $1,896 $153,400 $149,700 $3,700
2019 $2,116 $153,400 $149,700 $3,700
2018 $2,154 $170,000 $166,300 $3,700
2017 $2,132 $170,100 $166,400 $3,700
2016 $2,146 $170,400 $165,500 $4,900
2014 $2,186 $170,400 $165,500 $4,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    147 Total Sales

    Trish Bulinski
    Section Image

  • S

    Buyer's Agent in 2021

    Sara Powell

    Z' Up North Realty

    (218) 780-7737

    27 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084487

APN: 610002000010

Minnesota St Louis County Babbitt 55706

1837 Boundary St, Babbitt, MN

This home is located at 1837 Boundary St, Babbitt, MN 55706 since 02 July 2019 and is currently estimated at $278,263, approximately $1,449 per square foot. This property was built in 1950. 1837 Boundary St is a home located in St. Louis County with nearby schools including Babbitt Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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