NOT LISTED FOR SALE

8347 1st Ave Babbitt, MN 55706

Estimated Value: $71,000 - $122,968

2 Beds
2 Baths
772 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $48,000 $62 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $589/month

403 Days on Market

About This Home

As of March 2018

Adorable 2 bedroom 1 3/4 bath home situated on a nice lot on the edge of Babbitt. This home is 3/10th of a mile from the Birch Lake Public Access! It has many features including an attached 2 stall garage, breezeway, and partially fenced back yard.

Last Agent to Sell the Property

Rachel Lacount

Northwoods Land Office License #20564039 Listed on: 01/26/2017

Last Buyer's Agent

Rachel Lacount

Northwoods Land Office License #20564039 Listed on: 01/26/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 30, 2018
Sold by
Embarrass Bermillion Federal Credit Unio
Bought by
Rollie Barbara and Rollie Curtis
Seller's Agent
Rachel Lacount
Northwoods Land Office
Buyer's Agent
Rachel Lacount
Northwoods Land Office
List Price
$69,000
Sold Price
$48,000
Premium/Discount to List
-$21,000
-30.43%
Total Days on Market
403
Current Estimated Value
$100,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,992
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Jul 6, 2016
Sold by
Roberts Paul D and Roberts Crystal M
Bought by
Embarrass Vermillion Federal Credit Unio

Purchase Details

Closed on
Feb 6, 2007
Sold by
Roberts Paul D and Roberts Crystal M
Bought by
Roberts Paul D and Roberts Crystal M
Source: Public Records

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Range of Values:

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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
Rollie Barbara $48,000 All American Title Co Inc
Embarrass Vermillion Federal Credit Unio $74,674 Attorney
Roberts Paul D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Paul D $75,000
Previous Owner Roberts Paul D $73,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $48,000 -30.4% $62 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
01/26/2017 01/26/17 For Sale $69,000 -- $89 / 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 $350 $91,400 $18,000 $73,400
2022 $454 $91,400 $18,000 $73,400
2021 $1,076 $83,200 $17,500 $65,700
2020 $1,074 $83,200 $17,500 $65,700
2019 $1,036 $83,200 $17,500 $65,700
2018 $1,050 $83,200 $17,500 $65,700
2017 $1,034 $83,200 $17,500 $65,700
2016 $1,038 $81,600 $17,500 $64,100
2015 $1,090 $81,600 $17,500 $64,100
2014 $999 $81,600 $17,500 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 131129

Range Association of REALTORS®

APN: 610002000380