NOT LISTED FOR SALE

8445 Spring Ridge Rd Babbitt, MN 55706

Estimated Value: $105,000 - $301,000

4 Beds
2 Baths
960 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $255,000 $266 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,575/month

66 Days on Market

About This Home

As of December 2022

Rare find on Birch Lake. 4+ bedroom/2ba ranch style home with a walk out lower level. Walk into a nice sized Entry and you'll see the amazing natural light flooding the living room, with oak hardwood floors. On the main level you have an eat in kitchen with a large pass-through opening which looks into the living room and lake. Two bedrooms, both with hardwood floors and one lake side are spacious with ample closet space round out the main level. Walk down to the lower level, which offers walk out lake access. Rec Room has large windows, a wood stove, and is finished in knotty pine for the northern woodsy feel. Two bedrooms are lake side (one finished in knotty pine), and one bedroom (non-egress) would make a fantastic work out room or hobby room. There's a niche off the Rec Room that would make a perfect office area. Enjoy a cute little Sauna bldg. in the back, multiple storage sheds, and easy access to town. Trim up the trees, take out the brush you will have breathtaking views of

Last Listed By

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 09/06/2022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,692

Year Built

1963

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Hot Water
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 4
  • Lvt Date: 09/06/2022
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 625006800140
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 1589
  • Style: One Story
  • Total Above Grade Sq Ft: 960
  • Type: Residential
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1920
  • Bedroom 1: Size: 13.6x11.8, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Full, Walkout
  • Bedroom 2: Size: 11.3 x 9.5, On Level: Main
  • Bedroom 3: Size: 6.7x8, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 11.6x13, On Level: Main
  • Living Room: Size: 10.8x25.4, On Level: Main
  • Lower Level Sq Ft: 960
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 960
  • Other Room 2: Den/Office, Size: 11x9, On Level: Lower
  • Other Room 3: Bedroom, Size: 10x10.3, On Level: Lower
  • Rec Room: Size: 17.8x11.2, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall, Attached
  • Garage Capacity: 1
  • Garage Size: 24 x 15

Utilities

  • Utilities: Septic, Well

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 96x385
  • Number Of Acres: 1
  • Zoning: Resid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Lenzmeier April L and Lenzmeier Matthew G
Bought by
Lma Properties Llc
Total Days on Market
66
Current Estimated Value
$243,794

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 19, 2022
Sold by
Rauvola Gary and Rauvola Rebecca
Bought by
Lenzmeier April
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Julian Rasmusson
z' Up North Realty
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.87%
Original Mortgage
$191,250
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 12, 2022
Sold by
Rauvolabouta Craig A and Rauvolabouta Lynnette A
Bought by
Rauvola Gary M
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Julian Rasmusson
z' Up North Realty
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Rauvola Harold M and Rauvola Maymie
Bought by
Rauvola Harold M and Rauvola Gary M

Purchase Details

Closed on
May 21, 2009
Sold by
Rauvola Craig A
Bought by
Rauvola Harold M

Range of Values:

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Average Value
Not Available
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
Lma Properties Llc $500 None Listed On Document
Lenzmeier April $255,000 --
Lenzmeier April L $255,000 Northeast Title Company
Rauvola Gary M $500 --
Rauvola Harold M -- None Available
Rauvola Harold M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lenzmeier April L $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $255,000 -13.6% $266 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $295,000 -- $307 / 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 $2,692 $209,000 $99,100 $109,900
2022 $1,674 $209,000 $99,100 $109,900
2021 $1,698 $178,800 $82,500 $96,300
2020 $1,708 $178,800 $82,500 $96,300
2019 $1,750 $178,800 $82,500 $96,300
2018 $1,778 $187,100 $90,800 $96,300
2017 $1,756 $187,100 $90,800 $96,300
2016 $1,762 $185,000 $90,100 $94,900
2015 $1,672 $164,400 $80,100 $84,300
2014 $1,672 $164,400 $80,100 $84,300
Source: Public Records

Agents Affiliated with this Home

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Source: Range Association of REALTORS®

MLS Number: 144157

Range Association of REALTORS®

APN: 625006800140