NOT LISTED FOR SALE

8483 Spring Ridge Rd Babbitt, MN 55706

Estimated Value: $335,000 - $562,000

3 Beds
2 Baths
1,958 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $240,000 $123 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,633/month

Highlights

  • Deck
  • Patio
  • Forced Air Heating System

About This Home

As of August 2015

Birch Lake: fishing! Snowmobiling! 4-Wheeln! Loons! Bald Eagles! And more! Enjoy them all from this 3 BR/2BA year round home on Birch Lake. Babbitt/Ely/BWCA: you will love the convenience of this location! House has many new upgrades: New septic, drilled well, roof, energy efficient windows, flooring, ceramic tile, half log interior, hickory kitchen cabinetseven the boring stuff is new: plumbing and electrical! Open floor plan to enjoy the incredible views all day & night! Walk out basement is a blank canvas for your own personal touch. Large expansive deck off the living room and new patio for further outdoor entertainment. Priced below appraisal and market value with owner financing available! All on 1 acre of waterfront property with 103 feet of shoreline!

Last Agent to Sell the Property

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 07/10/2015

Last Buyer's Agent

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 07/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 625-0068-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,416

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Forced Air
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 625-0068-00040
  • Patioporch: Deck, Patio
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 2416.00
  • Style: 2 Story
  • Total Above Grade Sq Ft: 1538
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1958
  • Bedroom 1: Size: 12x19, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Full, Walkout
  • Bedroom 2: Size: 12x19, On Level: Upper
  • Bedroom 3: Bedroom 3, Size: 12x19, On Level: Upper
  • Kitchen: Size: 12x18, On Level: Main
  • Living Room: Size: 13.5x13.2, On Level: Main
  • Lower Level Sq Ft: 840
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 906
  • Other Room 2: deck, Size: 16x16, On Level: Main
  • Other Room 3: mudroom, Size: 6x10, On Level: Main
  • Rec Room: Size: 25x18, On Level: Lower
  • Upper Level Sq Ft: 632

Exterior Features

  • Exterior: Hard Board
  • Roof: Shingle

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Babbitt-2142

Lot Info

  • Lot Size: Dimensions: 430x103
  • Number Of Acres: 1
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Aug 28, 2015
Sold by
Schroeder Atthew J and Townswick Schroeder Marla J
Bought by
Hatfield David and Hatfield Jill
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
Sold Price
$240,000
Current Estimated Value
$425,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,548
Avg. Annual Appreciation
5.65%
Original Mortgage
$216,000
Outstanding Balance
$172,303
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$242,256

Purchase Details

Closed on
Dec 20, 2004
Sold by
Weckwerth Michael D
Bought by
Schroeder Matthew J and Townswick Schroeder Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Macdiarmid Joann S
Bought by
Vermette Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2002
Sold by
State Of Minnesota
Bought by
Macdiarmid Joann S
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
Hatfield David $240,000 Northeast Title Company
Schroeder Matthew J $237,500 Northeast Title Company
Vermette Mark A $154,000 Northeast Title Company
Macdiarmid Joann S $6,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatfield David M $32,000
Open Hatfield David $216,000
Previous Owner Schroeder Matthew J $188,000
Previous Owner Schroeder Matthew J $190,000
Previous Owner Vermette Mark A $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $240,000 -- $123 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
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 $3,390 $249,500 $102,600 $146,900
2022 $2,506 $249,500 $102,600 $146,900
2021 $2,382 $201,600 $85,400 $116,200
2020 $2,218 $191,000 $85,400 $105,600
2019 $2,290 $175,200 $85,400 $89,800
2018 $2,330 $183,800 $94,000 $89,800
2017 $2,328 $183,800 $94,000 $89,800
2016 $2,302 $182,400 $91,300 $91,100
2015 $2,416 $182,400 $91,300 $91,100
2014 $2,346 $182,400 $91,300 $91,100
Source: Public Records

Agents Affiliated with this Home

  • Andrea Zupancich

    Seller's Agent in 2015

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    466 Total Sales

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Map

Source: Range Association of REALTORS®

MLS Number: 126645

Range Association of REALTORS®

APN: 625006800040

Minnesota St Louis County Babbitt 55706

8483 Spring Ridge Rd, Babbitt, MN

This home is located at 8483 Spring Ridge Rd, Babbitt, MN 55706 since 10 July 2015 and is currently estimated at $425,548, approximately $217 per square foot. This property was built in 1960. 8483 Spring Ridge Rd is a home located in St. Louis County with nearby schools including Babbitt Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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