NOT LISTED FOR SALE

8487 Spring Ridge Rd Babbitt, MN 55706

Estimated Value: $202,000 - $331,000

0.97 Acre
$276,202 Price per Acre
42,253 Sq Ft Lot

Sale Details

Date Sold: March 25, 2024

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

Est. 7% increase in value since last sale

Current estimated payment $1,556 / mo

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 Agent to Sell the Property

Andrea Zupancich

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

Last Buyer's Agent

Andrea Zupancich

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $886

Lot Details

  • 42,253 Sq Ft Lot
  • Lot Dimensions are 355 x 95
  • Lake Front
  • Lot Has A Rolling Slope
  • Property is zoned 151

Property Details

Property Type

Land

Est. Annual Taxes

$886

Lot Details

0.97 Acres

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

Exterior Features

  • Waterfront Name: Birch
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity

Lot Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 13, 2024
Sold by
Bought by
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
Sold Price
$250,000
Views
8
Current Estimated Value
$267,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,916
Avg. Annual Appreciation
3.15%
Original Mortgage
$200,000
Outstanding Balance
$70,890
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$197,026

Purchase Details

Closed on
Dec 5, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Northeast Title Company
$30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,246 $127,500 $127,500 $0
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

    418 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

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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