$70,000
PENDING

28 Cypress Blvd Babbitt, MN 55706

Estimated payment $490/month

Total Views 4,846
3 Beds
1 Bath
1,056 Sq Ft
$66 Price per Sq Ft

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

Looking for a project or an investment opportunity? This 3 bedroom, 2 bath ranch-style home sits on a manageable 0.25-acre lot and includes a 1-car garage. It definitely needs some fixing up, but there’s solid potential here for the right buyer. Whether you're looking to renovate and flip, rent it out, or create a cozy home of your own, this place is priced below tax value—a rare find in today’s market. Bring your tools and your vision and make it your own!

Listing Agent

Andrea Zupancich

Z' Up North Realty Listed on: 05/22/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 70.00 x 132.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,056 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 105005100980

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Central Blvd to Cedar to Cypress to house number
  • L O1 Office Phone1 Number: 218-827-2288
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Twp Number: 60
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Manufactured (Post-6/'76)
  • FinFootageAboveGrade: 1056
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1956
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1056
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 12 x 22

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: 70.00 x 132.00
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 105005100980

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1444

Map

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,694 $83,500 $6,100 $77,400
2023 $2,694 $89,700 $6,100 $83,600
2022 $1,098 $60,600 $5,400 $55,200
2021 $1,098 $49,700 $4,700 $45,000
2020 $1,590 $49,200 $4,600 $44,600
2019 $546 $49,200 $4,600 $44,600
2018 $286 $44,700 $4,600 $40,100
2017 $260 $44,700 $4,600 $40,100
2016 $256 $44,700 $4,600 $40,100
2015 -- $39,800 $4,700 $35,100
2014 -- $39,800 $4,700 $35,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Pending -- -- --
06/26/2025 06/26/25 Price Changed $70,000 -4.1% $66 / Sq Ft
05/22/2025 05/22/25 For Sale $73,000 +356.3% $69 / Sq Ft
11/28/2014 11/28/14 Sold $16,000 -- $15 / Sq Ft View Prior Sale
11/07/2014 11/07/14 Pending -- -- --
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $65,000 --
Land Contract $36,000 None Available
Contract Of Sale $42,500 Northeast Title Company
Limited Warranty Deed -- Fatco
Sheriffs Deed -- None Available
Sheriffs Deed $34,000 None Available
Warranty Deed $46,000 Northeast Title
Warranty Deed $43,851 Northeast Title Company
Warranty Deed $32,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $36,000 Land Contract Argmt. Of Sale
Previous Owner $40,000 Seller Take Back
Previous Owner $36,800 Purchase Money Mortgage
Previous Owner $43,850 Purchase Money Mortgage
Previous Owner $30,850 No Value Available
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6119517

APN: 105005100980