NOT LISTED FOR SALE

8487 Spring Ridge Rd Babbitt, MN 55706

Estimated Value: $257,000 - $295,000

0.97 Acre
$275,356 Price per Acre
42,253 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $250,000 $521 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,578/month

About This Lot

As of March 2024

Beautiful buildable lot with 95 feet of shoreline on Birch Lake. Just outside of Babbitt, convenient location and on a tarred road. Power into the property. sandy soil seller/agent

Last Listed By

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 01/02/2024

Property Details

Property Type

Land

Est. Annual Taxes

$1,174

Year Built

1978

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Lvt Date: 03/28/2024
  • Real Estate Tax: 886
  • Type: Waterfront
  • Lot Size Length: 355
  • Lot Size Width: 95
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1978

Exterior Features

  • Waterfront Name: Birch
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity

Schools

  • School District: Babbitt

Lot Info

  • Number Of Acres: 0.97
  • Zoning: 151
  • Topography: Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 13, 2024
Sold by
Zupancich James and Zupancich Andrea
Bought by
Dougall Kirk and Dougall Trisha
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
Sold Price
$250,000
Total Days on Market
0
Views
8
Current Estimated Value
$267,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,095
Avg. Annual Appreciation
6.03%
Original Mortgage
$200,000
Outstanding Balance
$197,631
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$69,464

Purchase Details

Closed on
Dec 5, 2001
Sold by
Chimzar Lucas A
Bought by
Zupancich James A and Zupancich Andrea E

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
Dougall Kirk $250,000 --
Zupancich James A $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougall Kirk $200,000
Previous Owner Zupancich James A $119,000
Previous Owner Zupancich James A $53,300
Previous Owner Zupancich James A $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $250,000 -- $521 / Sq Ft
01/02/2024 01/02/24 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 $1,174 $94,200 $94,200 $0
2022 $886 $94,200 $94,200 $0
2021 $832 $65,600 $64,200 $1,400
2020 $834 $65,600 $64,200 $1,400
2019 $890 $65,600 $64,200 $1,400
2018 $904 $72,700 $71,300 $1,400
2017 $846 $72,700 $71,300 $1,400
2016 $852 $70,600 $68,900 $1,700
2015 $864 $70,600 $68,900 $1,700
2014 $864 $70,600 $68,900 $1,700
Source: Public Records

Agents Affiliated with this Home

  • Andrea Zupancich

    Seller's Agent in 2024

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    466 Total Sales

    Andrea Zupancich
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Map

Source: Range Association of REALTORS®

MLS Number: 146450

Range Association of REALTORS®

APN: 625006800030

Minnesota St Louis County Babbitt 55706

8487 Spring Ridge Rd, Babbitt, MN

Homes for Sale in Babbitt, MN

This home is located at 8487 Spring Ridge Rd, Babbitt, MN 55706 since 02 January 2024 and is currently estimated at $267,095, approximately $556 per square foot. This property was built in 1978. 8487 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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