NOT LISTED FOR SALE

3308 Lenont Rd Babbitt, MN 55706

Estimated Value: $274,838 - $364,000

3 Beds
1 Bath
2,772 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $275,000 $99 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,678/month

43 Days on Market

About This Home

As of August 2022

COUNTRY HOME minutes to Babbitt or Ely in a peaceful private setting. Cross over the covered bridge and arrive at this 3 bedroom cedar sided home featuring a 4-season sun porch w/vaulted ceiling and skylights. Step into the dining area with nice size remodeled kitchen to your right or move forward to the large living room with windows overlooking Bear Island River. There are a few steps up to the Master Bedroom with bonus room currently used as a sewing room, the second bedroom and full bathroom. Take a few steps to the lower level walkout where you will find a Family room, third bedroom and a Sauna. A few steps more lead to the lower basement which is unfinished but amazing amount of storage. You will be impressed with the 57x40 shop with in-floor heat, 200 amp service, overhead crane 5 ton chain fall, air filtration system & more. Includes a detached garage w/office area, add'l storage buildings, and even a deer stand! Nicely wooded one of a kind property.

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 05/05/2022

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty Northwest License #40669422

Keller Williams Classic Realty Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Multi-Level Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 105-0080-00812

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Hot Water
  • Lower Level Bedrooms: 1
  • Lvt Date: 05/05/2022
  • Number Of Bedrooms: 3
  • Parcel Code Number: 105-0080-00812
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 1752
  • Style: Multi-Level
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2772
  • Bedroom 1: Size: 12.8x11.5, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 14x13.5, On Level: Upper
  • Bedroom 3: Size: 12.5x11, On Level: Lower
  • Dining Room: Size: 10x10, On Level: Main
  • Kitchen: Size: 14x12, On Level: Main
  • Living Room: Size: 21.5x13, On Level: Main
  • Other Room 2: SunPorch, Size: 20x12, On Level: Main
  • Rec Room: Size: 16x12.5, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 4
  • Garage Size: 57x40

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 643x335
  • Number Of Acres: 5
  • Zoning: rES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 31, 2022
Sold by
William Harstad Jack and William Sharon L
Bought by
Johansen Jason
Seller's Agent
Betsy Clark
Northwoods Land Office
Buyer's Agent
Jim Burke
Keller Williams Classic Realty Northwest
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$319,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,460
Avg. Annual Appreciation
4.53%
Original Mortgage
$275,000
Outstanding Balance
$262,469
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$56,991
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
Johansen Jason $275,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johansen Jason $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $275,000 0.0% $99 / Sq Ft
05/05/2022 05/05/22 For Sale $274,900 -- $99 / Sq Ft
Source: Range Association of 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 $85 $188,500 $25,500 $163,000
2023 -- $186,900 $23,900 $163,000
2022 $1,752 $144,300 $21,900 $122,400
2021 $1,766 $118,800 $20,100 $98,700
2020 $1,726 $118,400 $20,100 $98,300
2019 $1,690 $118,400 $20,100 $98,300
2018 $1,708 $118,400 $20,100 $98,300
2017 $1,618 $118,400 $20,100 $98,300
2016 $1,628 $118,400 $20,100 $98,300
2015 $1,662 $92,100 $15,600 $76,500
2014 $1,662 $95,800 $17,100 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 143260

Range Association of REALTORS®

APN: 105008000812