NOT LISTED FOR SALE

85 South Dr Babbitt, MN 55706

Estimated Value: $122,000 - $144,000

2 Beds
2 Baths
2,059 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $113,000 $55 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $726/month

6 Days on Market

Highlights

  • Panoramic View
  • Ranch Style House
  • Mud Room
  • Recreation Room
  • Corner Lot
  • No HOA

About This Home

As of July 2024

Charming 2-bedroom, 2-bathroom home or perfect getaway, situated on a large corner lot right in the heart of town. This home combines comfort and convenience with modern updates, including a new propane furnace and newer roof and freshly painted siding. The spacious interior and thoughtful layout make it easy to settle in and feel right at home. Additionally, parks and more trails are close by for those who love spending time outdoors. This well-maintained property offers 1,099 square feet of living space on the main floor, featuring a spacious, enclosed porch, a large mudroom, and an inviting eat-in kitchen complete with wooden cabinets and a central island. his lovely home is ideally located within walking distance to the library, medical offices, and numerous hike and bike trails. Just 2 miles away, you can enjoy the scenic Birch Lake, perfect for outdoor enthusiasts.

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 06/14/2024

Last Buyer's Agent

Julian Rasmusson

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x150
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Bay Window
  • Mud Room
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 105-0050-00360

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

Built in 1956

Lot Details

0.25 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: in town
  • L O1 Office Phone1 Number: 218-827-2288
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Kitchen Center Island
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1099
  • Below Grade Finished Sq Ft: 960
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1956
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range/Stove
  • Basement Features: Den/Office, Family/Rec Room, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Eat-In Kitchen
  • Extra Rooms: Den/Office, Enclosed Porch, Family/Rec, Storage Room, Utility Room, Workshop
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: 3 Season Porch
  • Bathroom 2: Mud Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Living Room
  • Room 8: Rec Room
  • Room 9: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2059
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Bay Window

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 75x150
  • Estimated Number of Acres: 0.25
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 105-0050-00360

Rental Info

  • Lease Terms: Cash, Conventional, FHA 203k, VA DVA

Tax Info

  • Tax Amount: 825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 31, 2024
Sold by
Bjork Lana K and Mattonen Lana K
Bought by
Kremer Douglas
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Julian Rasmusson
Z' Up North Realty
List Price
$119,000
Sold Price
$113,000
Premium/Discount to List
-$6,000
-5.04%
Views
16
Current Estimated Value
$131,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,202
Avg. Annual Appreciation
9.60%
Original Mortgage
$16,500
Outstanding Balance
$9,695
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$121,507

Purchase Details

Listed on
Nov 7, 2013
Closed on
Dec 6, 2013
Sold by
Buchholz Paul R and Buchholz Paulette
Bought by
Bjork Lana K
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Sold Price
$42,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$35,200
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Kremer Douglas $111,000 Northeast Title
Bjork Lana K $42,500 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kremer Douglas $16,500
Open Kremer Douglas $100,000
Previous Owner Bjork Lana K $35,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $113,000 -5.0% $55 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $119,000 +180.0% $58 / Sq Ft
12/05/2013 12/05/13 Sold $42,500 0.0% $27 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Sold $42,500 -5.3% $39 / Sq Ft View Prior Sale
11/07/2013 11/07/13 Pending -- -- --
11/07/2013 11/07/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $44,900 -- $41 / Sq Ft
Source: Lake Superior Area 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 $516 $88,700 $7,200 $81,500
2023 $516 $95,300 $7,200 $88,100
2022 $820 $64,600 $6,400 $58,200
2021 $416 $52,900 $5,500 $47,400
2020 $402 $52,600 $5,500 $47,100
2019 $324 $52,600 $5,500 $47,100
2018 $330 $47,900 $5,500 $42,400
2017 $302 $47,900 $5,500 $42,400
2016 $242 $47,900 $5,500 $42,400
2015 $792 $23,200 $2,800 $20,400
2014 $792 $38,600 $4,700 $33,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114286

APN: 105005000360

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