48 Balsam Cir Babbitt, MN 55706
2
Beds
2
Baths
1,124
Sq Ft
9,583
Sq Ft Lot
Highlights
- Attached Garage
- 1-Story Property
- Forced Air Heating System
About This Home
As of November 2024This diamond in the rough offers an exciting opportunity for the right buyer. Features include 2 bedrooms, 1 bathroom, a 1-stall garage, open concept layout, and a large fenced backyard. Ample room for customization and upgrades throughout. Perfect for DIY enthusiasts or investors looking to add value. Bring your vision and tools to transform this house into your dream home. Great bones in a property with lots of potential - don't miss this chance to create sweat equity! Call for a tour!
Last Agent to Sell the Property
Next Door Realty License #40713911 Listed on: 10/18/2024
Last Buyer's Agent
Jim Burke
Keller Williams Classic Realty Northwest License #40669422
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,370
Year Built
- Built in 1954
Lot Details
- 9,583 Sq Ft Lot
Parking
- Attached Garage
Home Design
- Wood Frame Construction
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,124 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Gas Available
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 105-0040-00460
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Nov 7, 2024
Sold by
Emery Carol M
Bought by
Meyers Douglas Mabbott
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Jim Burke
Keller Williams Classic Realty Northwest
List Price
$64,900
Sold Price
$67,000
Premium/Discount to List
$2,100
3.24%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,410
Avg. Annual Appreciation
65.92%
Purchase Details
Closed on
May 3, 2024
Sold by
Berry-Merhar Amanda
Bought by
Emery Carol M
Purchase Details
Closed on
Dec 3, 2018
Sold by
Emery Carol M
Bought by
Berry Merhar Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Apr 30, 2013
Sold by
Hahn David S and Hahn Shirley K
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
May 28, 2009
Sold by
Lasley Carol J
Bought by
Hahn David S and Hahn Shirley K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,018
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Similar Home in Babbitt, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $67,000 | Concierge Title | |
| Deed | $67,000 | -- | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Land Contract | $65,000 | None Available | |
| Trustee Deed | $51,000 | None Available | |
| Deed | $55,900 | Ne Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $65,000 | Land Contract Argmt. Of Sale | |
| Previous Owner | $15,962 | Unknown | |
| Previous Owner | $57,018 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | Sold | $67,000 | +3.2% | $60 / Sq Ft |
| 10/18/2024 10/18/24 | For Sale | $64,900 | +32.4% | $58 / Sq Ft |
| 12/29/2013 12/29/13 | Sold | $49,000 | 0.0% | $44 / Sq Ft |
| 12/09/2013 12/09/13 | Pending | -- | -- | -- |
| 12/02/2013 12/02/13 | For Sale | $49,000 | -- | $44 / Sq Ft |
Source: Range Association of REALTORS®
Tax History Compared to Growth
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 | $988 | $125,600 | $6,200 | $119,400 |
| 2022 | $314 | $84,200 | $5,400 | $78,800 |
| 2021 | $620 | $69,000 | $4,700 | $64,300 |
| 2020 | $1,712 | $67,300 | $4,700 | $62,600 |
| 2019 | $1,462 | $67,300 | $4,700 | $62,600 |
| 2018 | $1,326 | $61,100 | $4,700 | $56,400 |
| 2017 | $1,268 | $61,100 | $4,700 | $56,400 |
| 2016 | $1,250 | $61,100 | $4,700 | $56,400 |
| 2015 | $1,212 | $47,600 | $4,700 | $42,900 |
| 2014 | $1,212 | $28,000 | $2,800 | $25,200 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2024
Norma Jean Jofs
Next Door Realty
-
J
Buyer's Agent in 2024
Jim Burke
Keller Williams Classic Realty Northwest
-
A
Seller's Agent in 2013
Andrea Zupancich
Z' Up North Realty
Map
Source: Range Association of REALTORS®
MLS Number: 147636
APN: 105004000460
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