NOT LISTED FOR SALE

3308 Lenont Rd Babbitt, MN 55706

Estimated Value: $152,000 - $303,478

3 Beds
1 Bath
1,696 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $275,000 $162 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,673/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 Listed By

Betsy Clark

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

Home Details

Home Type

Single Family

Year Built

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
  • Total Above Grade Sq Ft: 1696
  • 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
  • Lower Level Sq Ft: 1196
  • Main Level Sq Ft: 1196
  • Other Room 2: SunPorch, Size: 20x12, On Level: Main
  • Rec Room: Size: 16x12.5, On Level: Lower
  • Upper Level Sq Ft: 500

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

Schools

  • School District: St.Louis County

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%
Total Days on Market
43
Current Estimated Value
$254,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,380
Avg. Annual Appreciation
-0.83%
Original Mortgage
$275,000
Outstanding Balance
$265,354
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$3,614

Range of Values:

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Average Value
Not Available
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
Johansen Jason $275,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johansen Jason $275,000
Previous Owner Harstad Jack W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $275,000 0.0% $162 / Sq Ft
05/05/2022 05/05/22 For Sale $274,900 -- $162 / 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
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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Source: Range Association of REALTORS®

MLS Number: 143260

Range Association of REALTORS®

APN: 105008000812