NOT LISTED FOR SALE

8461 Spring Ridge Rd Babbitt, MN 55706

Estimated Value: $344,000 - $459,695

3 Beds
1 Bath
1,320 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $180,000 $136 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,432/month

Highlights

  • Deck
  • 1-Story Property
  • Wood Burning Fireplace
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2015

Year-round 3 bedroom cabin with full walk-out lower level, large 12x40 deck overlooking the lake. Older sauna building sits right at the waters edge. large 2+ car garage for all the toys. 101 feet of shoreline.

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207 Listed on: 06/30/2015

Last Buyer's Agent

Andrea Zupancich

z' Up North Realty License #40149923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1960

Lot Details

  • 0.9 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 625-0068-00090

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,234

Year Built

Built in 1960

Lot Details

0.9 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 625-0068-00090
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 2234.00
  • Style: One Story
  • Type: Residential
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1320
  • Bedroom 1: Size: 9x9, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Gas Range
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 9x9, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 10x14, On Level: Lower
  • Dining Room: Size: 9x11, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 8x10, On Level: Main
  • Living Room: Size: 13x17, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24x32

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 410x101
  • Number Of Acres: 0.9
  • Zoning: SMU11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 10, 2015
Sold by
Not Provided John S
Bought by
Carlson Jeffrey A and Carlson Michelle L
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
Buyer's Agent
Andrea Zupancich
z' Up North Realty
Sold Price
$180,000
Current Estimated Value
$414,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,924
Avg. Annual Appreciation
8.26%
Original Mortgage
$144,000
Outstanding Balance
$112,946
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$301,978
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
Carlson Jeffrey A $180,000 Northeast Title Company
Not Provided John S -- Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Jeffrey A $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $180,000 -- $136 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
Source: Range Association of 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 $3,538 $365,900 $141,500 $224,400
2023 $3,538 $272,700 $106,500 $166,200
2022 $1,974 $205,000 $106,500 $98,500
2021 $1,978 $158,600 $88,600 $70,000
2020 $2,006 $158,600 $88,600 $70,000
2019 $2,086 $158,600 $88,600 $70,000
2018 $2,122 $167,600 $97,600 $70,000
2017 $2,174 $167,600 $97,600 $70,000
2016 $2,148 $170,600 $97,600 $73,000
2015 $2,254 $170,600 $97,600 $73,000
2014 $2,188 $170,600 $97,600 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 121311

Range Association of REALTORS®

APN: 625006800090

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