NOT LISTED FOR SALE

8959 W Bear Island Lake Rd Babbitt, MN 55706

Estimated Value: $258,000 - $378,000

1 Bed
1 Bath
460 Sq Ft
$697/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $179,000 $389 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,000/month

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of August 2012

Set on landscaped .66 acres with huge mature trees is an adorable "maintained to perfection" cabin on beautiful Bear Island Lake with 110 feet of lake shore and 56 foot dock. The setting is serene and captures the panoramic view of the lake right from the 8x23 foot front deck. One bedroom, large bathroom with stacking washer and dryer that are negotiable. Eat-in kitchen with newer knotty pine cabinets. 12x20 Sauna with changing room/bunkhouse. 14x18 shed on a concrete slab built two years ago. Well and septic. Bear Island Lake is 2362 acres, and maximum depth of 62 feet. Bear Island has many native fish ie. walleye, blue gill, northern pike, rock and small mouth bass. Has year round potential. Furnishing are negotiable. Priced to sell so you can still enjoy the summer on the water and own a piece of it!

Last Agent to Sell the Property

PAT RHEIN

z' Up North Realty License #40262542 Listed on: 06/30/2012

Co-Listed By

Kim Borgeson

z' Up North Realty License #20553713

Last Buyer's Agent

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505

Keller Williams Classic Realty Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1960

Lot Details

  • 0.66 Acre Lot
  • Property is zoned NCSR

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 460 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 625-0015-00100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,851

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas, Forced Air
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 1
  • Parcel Code Number: 625-0015-00100
  • Patioporch: Deck
  • Real Estate Tax: 1851.46
  • Style: One Story, Seasonal
  • Total Above Grade Sq Ft: 460
  • Type: Residential
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 460
  • Bedroom 1: Size: 9x10, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Crawl
  • Bedroom 3: BA/Laundry, Size: 9x9
  • Kitchen: Size: 10x10, On Level: Main
  • Living Room: Size: 10x13.5, On Level: Main
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 460

Exterior Features

  • Exterior: Log
  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Babbitt-2142

Lot Info

  • Lot Size: Dimensions: 280x110
  • Number Of Acres: 0.66
  • Zoning: NCSR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2012
Closed on
Jul 31, 2012
Sold by
Blomberg Carol A
Bought by
Uecker Robert S and Uecker Jill M
Seller's Agent
PAT RHEIN
z' Up North Realty
Buyer's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Sold Price
$179,000
Current Estimated Value
$319,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,204
Avg. Annual Appreciation
4.69%
Original Mortgage
$143,200
Outstanding Balance
$99,395
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$226,028

Purchase Details

Closed on
Oct 25, 2006
Sold by
Farley Marcia and Kroupa Marcia
Bought by
Kroupa Thomas

Purchase Details

Closed on
Dec 10, 2004
Sold by
Blomberg John E and Blomberg Carol A
Bought by
Blomberg Carol A and Blomberg John E
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
Uecker Robert S $179,000 Realstar Title
Kroupa Thomas -- None Available
Blomberg Carol A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uecker Robert S $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $179,000 -- $389 / Sq Ft
06/30/2012 06/30/12 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 $3,018 $231,600 $131,800 $99,800
2022 $2,408 $206,600 $120,100 $86,500
2021 $2,222 $187,000 $111,700 $75,300
2020 $2,118 $167,400 $102,000 $65,400
2019 $2,026 $167,400 $102,000 $65,400
2018 $2,022 $162,600 $112,700 $49,900
2017 $1,926 $162,600 $112,700 $49,900
2016 $1,890 $154,600 $106,900 $47,700
2015 $1,851 $154,600 $106,900 $47,700
2014 $1,851 $154,600 $106,900 $47,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    PAT RHEIN

    z' Up North Realty

  • K

    Seller Co-Listing Agent in 2012

    Kim Borgeson

    z' Up North Realty

    Section Image
  • Wendy Johnson

    Buyer's Agent in 2012

    Wendy Johnson

    Keller Williams Classic Realty Northwest

    (218) 349-7731

    69 Total Sales

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 119530

Range Association of REALTORS®

APN: 625001500100

Minnesota St Louis County Babbitt 55706

8959 W Bear Island Lake Rd, Babbitt, MN

This home is located at 8959 W Bear Island Lake Rd, Babbitt, MN 55706 since 30 June 2012 and is currently estimated at $320,615, approximately $696 per square foot. This property was built in 1960. 8959 W Bear Island Lake Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High 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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