NOT LISTED FOR SALE

8329 Terrence St Unit North Babbitt Babbitt, MN 55706

Estimated Value: $140,000 - $250,000

3 Beds
1.5 Baths
1,960 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $137,000 $70 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,064/month

204 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Lower Floor Utility Room
  • Recreation Room
  • Den
  • 2 Car Detached Garage

About This Home

As of July 2016

Detailed attention to completely remodeled country home is evident from attic to lower level convincing you it's new construction – with an open living concept; complete new kitchen & baths; knotty alder cabinetry, int. doors & custom woodwork; antique bronze hardware & lighting; freshly painted & new flooring throughout. Main level features spacious living/kitchen/dining area; 2 bedrooms; 2 baths & office. The lower level competes for your attention with 26' x 12.5' rec/media room & recessed lighting; spacious 13.5' x 11' bedroom w/ walk-in closet; roughed in 3rd bath & designated sauna space; large laundry area & even a root/wine cellar! Hot water heat system is fueled by a Steffes Electric Thermal Storage unit converting off-peak electricity for cost saving efficiency. New septic system & drilled well. The 26' x 36' garage offers plenty of room for vehicles & toys …...with trails & lakes within easy access. And, at the end of the day, enjoy sunsets from expansive deck!

Last Agent to Sell the Property

Wendy Johnson

Keller Williams Classic Realty NW - Ely Listed on: 11/02/2015

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Jerry Fink

Canoe Capital Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1968

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 137 x 160
  • Property fronts a county road
  • Street terminates at a dead end
  • Level Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Lower Floor Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 625-0030-00110

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Terrence St, North Babbitt
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 69.9
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Twp Number: 61
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1200
  • Below Grade Finished Sq Ft: 760
  • Garage Type: Detached
  • Heat: Baseboard, Hot Water, Electric
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Bathroom
  • Room 12: Laundry Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1968
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Main
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Partially Finished, Bedrooms, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1200
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: main
  • Bathroom Description: 1/2 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Extra Rooms: Den/Office, Family/Rec, See Remarks
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Rec Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Room 9: Other
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1960
  • Exercise Room Level2: Lower

Exterior Features

  • Road Frontage: County, Dead End/No Outlet, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2016-08-09
  • Estimated Lot Dimensions: 137 x 160
  • Estimated Number of Acres: 0.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Level
  • Parcel Number: 625-0030-00110

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 938

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Hale Nathan W
Bought by
Hale Virginia L
Current Estimated Value
$183,979

Purchase Details

Closed on
Jun 23, 2023
Sold by
Hale Virginia L
Bought by
Hale Rebecca Ann

Purchase Details

Listed on
Nov 2, 2015
Closed on
Aug 5, 2016
Sold by
Rasmussen Chad and Giles Rasmussen Joleen
Bought by
Hale Nathan W and Hale Virginia L
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$137,000
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$137,000
Interest Rate
3.41%
Mortgage Type
VA

Purchase Details

Closed on
Jan 8, 2016
Sold by
Rasmussen Jerry D and Rasmussen Pamela
Bought by
Rasmussen Michael J and Rasmussen Mark D

Purchase Details

Closed on
Jan 7, 2016
Sold by
Rasmussen Chad and Giles Rasmussen Joleen
Bought by
Rasmussen Chad and Giles Rasmussen Joleen

Purchase Details

Closed on
Dec 21, 2015
Sold by
Marolt Warren and Marolt Janice
Bought by
Rasmussen Chad

Purchase Details

Closed on
Oct 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Rasmussen Chad and Marolt Warren

Purchase Details

Closed on
Feb 7, 2012
Sold by
Bank Of America National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2011
Sold by
Johnson Joseph A and Johnson Kerrie Ann
Bought by
Bank Of America National Association

Purchase Details

Closed on
Oct 21, 2005
Sold by
Malone Timothy M and Malone Michelle L
Bought by
Johnson Joseph A and Johnson Kerrie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Hale Rebecca Ann $124,000 --
Hale Nathan W $137,000 All American Title Co Inc
Rasmussen Chad -- Attorney
Rasmussen Chad $30,000 Attorney
Rasmussen Chad -- Signature Title Midwest Serv
Federal National Mortgage Association -- None Available
Bank Of America National Association $65,366 None Available
Johnson Joseph A $75,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hale Nathan Wilbert $132,472
Previous Owner Hale Nathan W $137,000
Previous Owner Johnson Joseph A $63,000
Previous Owner Johnson Joseph A $51,000
Previous Owner Malone Timothy M $56,093
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $137,000 0.0% $70 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $137,000 -- $70 / Sq Ft
Source: Lake Superior Area 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 $572 $126,000 $15,600 $110,400
2022 $818 $126,000 $15,600 $110,400
2021 $834 $111,700 $14,300 $97,400
2020 $832 $111,700 $14,300 $97,400
2019 $802 $111,700 $14,300 $97,400
2018 $816 $112,400 $15,000 $97,400
2017 $864 $112,400 $15,000 $97,400
2016 $950 $116,000 $15,000 $101,000
2015 $998 $74,300 $15,000 $59,300
2014 $882 $71,400 $15,000 $56,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6019104

APN: 625003000110