NOT LISTED FOR SALE

8994 W Bear Island Lake Rd Babbitt, MN 55706

Estimated Value: $279,000 - $547,000

3 Beds
2 Baths
2,530 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 8994 W Bear Island Lake Rd, Babbitt, MN 55706 and is currently estimated at $434,311, approximately $171 per square foot. 8994 W Bear Island Lake Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Brown Sharra L
Bought by
Bagge Jonathan M and Bagge Erika K
Current Estimated Value
$434,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$294,493
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$96,765

Purchase Details

Closed on
Feb 17, 2016
Sold by
Brown Sharra L and Brown Dan Gerald
Bought by
Brown Sharra L

Purchase Details

Closed on
Jun 23, 2015
Sold by
Brown Dan G and Brown Sharra L
Bought by
Brown Dan G and Brown Sharra L

Purchase Details

Closed on
Mar 30, 2001
Sold by
Brown Dan G and Brown Sylvia A
Bought by
Anderson Lawrence L and Anderson Cathleen A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bagge Jonathan M $400,000 None Available
Brown Sharra L -- None Available
Brown Dan G -- Attorney
Anderson Lawrence L $65,000 Arrowhead Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bagge Jonathan M $320,000
Previous Owner Brown Dan G $167,500
Source: Public Records

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 $4,374 $411,500 $194,500 $217,000
2022 $4,200 $435,300 $236,900 $198,400
2021 $3,736 $377,000 $223,700 $153,300
2020 $3,774 $337,000 $203,900 $133,100
2019 $3,974 $337,000 $203,900 $133,100
2018 $4,034 $362,300 $225,600 $136,700
2017 $4,278 $362,400 $225,700 $136,700
2016 $4,294 $380,300 $239,000 $141,300
2015 $4,538 $377,300 $237,100 $140,200
2014 $4,113 $377,300 $237,100 $140,200
Source: Public Records

Map

Minnesota St Louis County Babbitt 55706

8994 W Bear Island Lake Rd, Babbitt, MN

This home is located at 8994 W Bear Island Lake Rd, Babbitt, MN 55706 and is currently estimated at $434,311, approximately $171 per square foot. 8994 W Bear Island Lake Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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