NOT LISTED FOR SALE

1862 Boundary St Babbitt, MN 55706

Estimated Value: $109,000 - $274,000

2 Beds
1 Bath
1,673 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $80,000 $48 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $976/month

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2017

MOTIVATED SELLER! BEAUTIFUL LOCATION NEAR BIRCH LAKE PUBLIC BOAT LANDING AND BEACH. Darling well cared for home on two lots. Main level with front entry hall, sunny living room and large eat-in kitchen with 5 burner gas cook top, built in oven and large pantry. Half flight stairs up to Bathroom and two bedrooms with hardwood floors. Half flight of stairs off hall to lower level with laundry room, possible bedroom (non-egress) and family room. Tuck under garage houses the barely used HE propane furnace, wood stove and water heater for a warm garage stall with work shop area. Owner heated primarily with wood. Very cozy comfortable home. New 136' drilled well and a nicely landscaped yard with room for a large garden. Easy walk to Birch Lake Beach, Dunka River or Hike and Bike path to Babbitt. The beautiful Stony and Taconite Spur Trails are easily accessible from here as well.

Last Agent to Sell the Property

Kim Borgeson

z' Up North Realty License #20553713 Listed on: 08/08/2017

Last Buyer's Agent

Sara Powell

z' Up North Realty License #40379539

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1960

Lot Details

  • 0.84 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,673 Sq Ft Home
  • Multi-Level Property
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 610-0020-00210

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood, Forced Air, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 05/20/2017
  • Number Of Bedrooms: 2
  • Parcel Code Number: 610-0020-00210
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 1318.
  • Style: Multi-Level
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1673
  • Bedroom 1: Size: 11 x 12, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Block, Walkout
  • Bedroom 2: Size: 10 x 17, On Level: Upper
  • Dining Room: Size: eat-in, On Level: Main
  • Kitchen: Size: 11 x 18, On Level: Main
  • Living Room: Size: 14 x 17, On Level: Main
  • Other Room 2: Laundry, Size: 6.5 x 8, On Level: Lower
  • Other Room 3: Den Office, Size: 10 x 10, On Level: Lower
  • Rec Room: Size: 12 x 18, On Level: Lower

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall, Attached
  • Garage Capacity: 1
  • Garage Size: 14 x 22

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 255x144
  • Number Of Acres: 0.84
  • Zoning: SMU11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 29, 2017
Sold by
Lee Dean N and Lee Sue E
Bought by
Swartz Robin A and Swartz Shelly A
Seller's Agent
Kim Borgeson
z' Up North Realty
Buyer's Agent
Sara Powell
z' Up North Realty
Sold Price
$80,000
Current Estimated Value
$178,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,399
Avg. Annual Appreciation
10.12%
Original Mortgage
$65,120
Outstanding Balance
$55,233
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$123,166
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
Swartz Robin A $80,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swartz Robin A $65,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $80,000 -- $48 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
Source: Range Association of REALTORS®

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 $358 $102,300 $22,400 $79,900
2023 $358 $93,000 $20,000 $73,000
2022 $558 $93,000 $20,000 $73,000
2021 $572 $91,200 $19,300 $71,900
2020 $564 $91,200 $19,300 $71,900
2019 $532 $91,200 $19,300 $71,900
2018 $542 $91,200 $19,300 $71,900
2017 $1,318 $91,200 $19,300 $71,900
2016 $1,322 $105,400 $19,300 $86,100
2015 $1,273 $105,400 $19,300 $86,100
2014 $1,273 $105,400 $19,300 $86,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 132089

Range Association of REALTORS®

APN: 610002000210