NOT LISTED FOR SALE

TBD Loughery Rd Babbitt, MN 55706

28 Acres
-- Price per Acre
1,219,680 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $34,000

279 Days on Market

Highlights

  • 28 Acre Lot
  • No HOA
  • Many Trees

About This Lot

As of September 2022

Aprox 28 acres of land located aprox 2.5 miles southwest of Bear Island Lake. This is SW of Ely, and NW of Babbitt. Bear Head Lake State Park is 2 miles to the north. Served by a good network of gravel roads, this parcel has a mix of high and low ground, and nice tree cover. There is a creek that flows through the property and also a beaver pond. Nice level building sites in a heavily forested area south of the beaver pond that will offer views of the pond! There is some gravel on part of the land that could be useful to the new buyer. Directly adjoins State of Minnesota lands to the north, providing access to many thousands of acres of state and county lands for great exploring and hunting! Seller has brought power into the area at great cost, and this parcel has the huge added benefit of underground power running through the SE corner of the property alongside the access road. Remote, but accessible, with power!! Make this your headquarters for your northwoods getaway!!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 10/20/2021

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC Listed on: 10/20/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $228

Lot Details

  • 28 Acre Lot
  • Lot Dimensions are 1293' x 945'
  • Unpaved Streets
  • Many Trees

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$228

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: From Hwy 21 N of Babbitt, take Ely-Virginia Rd approx. 1.7 miles to West Bear Island Lake Rd, turn North, go approx. 1 mile to unnamed gravel road on the left. Take this road for approx 2.9 miles staying left at an intersections. You will end up at a bigger intersection. Property on your right
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 1214.29
  • Property Sub-Type: Recreational
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Unpaved

Utilities

  • Available Utilities: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2021-10-20
  • Estimated Lot Dimensions: 1293' X 945'
  • Estimated Number of Acres: 28
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Match Code: 3
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Heavy

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 228

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

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $34,000 0.0% --
07/26/2022 07/26/22 Pending -- -- --
10/20/2021 10/20/21 For Sale $34,000 -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100286