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Seller's Agent in 2024
Tim Collelo
Tim Collelo Realty, LLC
(218) 878-0583
187 Total Sales
8310 Terrence St Babbitt, MN 55706
Estimated Value: $87,000 - $117,897
3
Beds
1
Bath
1,776
Sq Ft
$56/Sq Ft
Est. Value
Highlights
- Ranch Style House
- 2 Car Detached Garage
- Forced Air Heating System
- No HOA
- Bathroom on Main Level
About This Home
As of July 2024Great home in a great location close to all Babbitt has to offer. There Nice size kitchen, living room and bedrooms. Most of the basement is finished with a largr family room. Large back yard that is fenced and also has a patio that would be great for entertaining. There also is a large garage for all your toys. Septic test failed and buyer will need to accept as is with no repairs or contribution from the seller.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $886
Year Built
- Built in 1965
Lot Details
- 0.67 Acre Lot
- Lot Dimensions are 137x213
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 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 Oil
- Drilled Well
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 625-0030-00300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2023
Closed on
Jul 23, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Erickson John and Erickson Kevin
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Tim Collelo
Tim Collelo Realty, LLC
List Price
$99,900
Sold Price
$89,900
Premium/Discount to List
-$10,000
-10.01%
Total Days on Market
254
Views
28
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
$8,824
Avg. Annual Appreciation
12.93%
Original Mortgage
$100,300
Outstanding Balance
$99,764
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
-$1,040
Purchase Details
Closed on
Jan 4, 2023
Sold by
Revord Robert B
Bought by
Revord Robert B and Revord Christopher
Purchase Details
Closed on
Nov 15, 2022
Sold by
Hb2 Alternative Holdings Llc
Bought by
Cascade Funding Mortgage Trust
Purchase Details
Closed on
Aug 1, 2022
Sold by
David Akerson
Bought by
Revord Robert B
Purchase Details
Closed on
Nov 24, 2021
Sold by
Julie Revord
Bought by
Revord Robert B
Purchase Details
Closed on
Nov 15, 2021
Sold by
Louise Revord Evangeline
Bought by
Revord Robert B
Purchase Details
Closed on
Nov 2, 2007
Sold by
Revord Robert J and Revord Evangeline
Bought by
Revord Robert J and Revord Evangeline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.17%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
May 2, 2001
Sold by
Revord Robert J and Revord Evangeline
Bought by
Revord Robert B and Solberg Pamela J
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erickson John | $89,900 | None Listed On Document | |
| Revord Robert B | $500 | -- | |
| Cascade Funding Mortgage Trust | $500 | None Listed On Document | |
| Revord Robert B | $93,955 | Wilford Geske & Cook Pa | |
| Revord Robert B | $3,000 | Klun Law Firm | |
| Revord Robert B | -- | Klun Law Firm Pa | |
| Revord Robert J | -- | Arrowhead Abstract & Title C | |
| Revord Robert B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erickson John | $100,300 | |
| Previous Owner | Revord Evangeline | $142,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2024 07/25/24 | Sold | $89,900 | 0.0% | $51 / Sq Ft |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 06/05/2024 06/05/24 | Price Changed | $89,900 | -10.0% | $51 / Sq Ft |
| 10/04/2023 10/04/23 | For Sale | $99,900 | -- | $56 / Sq Ft |
Source: Lake Superior Area 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 | $902 | $79,300 | $13,500 | $65,800 |
| 2022 | $306 | $79,300 | $13,500 | $65,800 |
| 2021 | $314 | $68,000 | $12,000 | $56,000 |
| 2020 | $304 | $68,000 | $12,000 | $56,000 |
| 2019 | $286 | $68,000 | $12,000 | $56,000 |
| 2018 | $292 | $68,800 | $12,800 | $56,000 |
| 2017 | $310 | $68,800 | $12,800 | $56,000 |
| 2016 | $312 | $71,100 | $12,800 | $58,300 |
| 2015 | $277 | $42,700 | $7,700 | $35,000 |
| 2014 | $277 | $42,700 | $7,700 | $35,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Collelo
Map
Similar Homes in Babbitt, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6110910
APN: 625003000300