NOT LISTED FOR SALE

8310 Terrence St Babbitt, MN 55706

Estimated Value: $88,000 - $167,183

3 Beds
1 Bath
1,776 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $89,900 $51 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $698/month

254 Days on Market

Highlights

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

About This Home

As of July 2024

Great 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.

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 10/04/2023

Last Buyer's Agent

Tim Collelo

Tim Collelo Realty, LLC Listed on: 10/04/2023

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$886

Year Built

Built in 1965

Lot Details

0.67 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on 169, Right on 21, turns into 70 take a Left on Terrence, home on Right.
  • L O1 Office Phone1 Number: 218-878-0583
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1076
  • Below Grade Finished Sq Ft: 700
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • TotalBedrooms: 3
  • Year Built: 1965
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1776

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 137x213
  • Estimated Number of Acres: 0.67
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 625-0030-00300

Tax Info

  • Tax Amount: 886

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%
Views
28
Current Estimated Value
$120,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,146
Avg. Annual Appreciation
20.22%
Original Mortgage
$100,300
Outstanding Balance
$99,280
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$20,766

Purchase Details

Closed on
Jan 4, 2023
Sold by
Revord Robert B
Bought by
Revord Robert B and Revord Christopher

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

Purchase Details

Closed on
May 2, 2001
Sold by
Revord Robert J and Revord Evangeline
Bought by
Revord Robert B and Solberg Pamela J
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
Erickson John $89,900 None Listed On Document
Revord Robert B $500 --
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $902 $87,700 $15,100 $72,600
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

  • T

    Seller's Agent in 2024

    Tim Collelo

    Tim Collelo Realty, LLC

    (218) 878-0583

    162 Total Sales

    Tim Collelo
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110910

APN: 625003000300

Minnesota St Louis County Babbitt 55706

8310 Terrence St, Babbitt, MN

Not Listed for Sale

Detached

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