2015 Hwy 623, Babbitt, MN 55706 Property Records

St. Louis County property record for 2015 Hwy 623, Babbitt, MN 55706

Property Summary

Property TypeCommercial
Lot Size16.3 acres (710,028 sqft)
OwnerCompany Name on File
Last Sale$265,000 (Mar 2019)
Tax Bill$5,070 (2026)
Deeds & MortgagesAug 2023 Line of Credit
Flood ZoneZone X (minimal risk)
APN105-0060-00693

Property Details

APN / Parcel Number

Primary APN105-0060-00693
Alternative APN
  • 1067646

Exterior

Exterior MaterialAluminum/Vinyl
Construction TypeWood
Roof TypeGable
Lot Area710,028 sqft (16.3 acres)
Cabin484 sqft
Lean-To384 sqft
Storage Building264 sqft

Location & Zoning

Account Number1067646
Street Address2015 HIGHWAY 623
CityBABBITT
StateMN
Zip55706-8051
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionTHAT PART OF GOVT LOT 3, LYING NORTHERLY OFTHE CENTERLINE OF COUNTY ROAD NO. 623(LOCALLY KNOWN AS SCOTT ROAD) AND EASTERLY
Legal Range12W
Legal Township60N
Legal Section05
Legal SubdivisionBABBITT LANDS IN THE CITY
Legal Lot Number2-3
JurisdictionST LOUIS MN
Township / Civil DivisionBABBITT
Census Block Group1
Census Block1006
Census Tract14100

Owner

2015 Hwy 623, a commercial property, is owned by a company that bought it in March 2019.

Source: St. Louis County records, as of August 17, 2026

Owner of RecordCompany Name on File
Mailing Address1671 OLD NORTH SHORE RD, DULUTH, MN 55804-9628
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 20, 2019 · Amount on File
Deed SaleMar 20, 2019 · Amount on File
Deed Document Number20191351867
Record UpdatedSep 20, 2026

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address2015 HIGHWAY 623, BABBITT, MN 55706-8051
Transaction TypeMortgage
Record UpdatedSep 19, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address2020 HIGHWAY 623, BABBITT, MN 55706-8162

Mortgage

Document Number0001472961
DateAug 29, 2023
Instrument1472961
Lender
NameF & M COMMUNITY BANK NA
TypeBank
AddressPRESTON, MN 55965
Agreement
TypeLine of Credit
AmountAmount on Record
Term119 Months
DueJul 26, 2033
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2026 property tax bill for 2015 Hwy 623 was $5,070, up 9.1% from the year before.

Source: St. Louis County assessment roll, as of August 17, 2026

Property Jurisdictions

TypeName
StateMinnesota
MunicipalityBabbitt City
CountySt. Louis County
Unified School DistrictSt. Louis County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$5,070.00 (+9.08%)
2025$4,648.00 (+5.49%)$227,500 (+35.9%) Land $194,800 Building $32,700$227,500 (+35.9%) Land $194,800 Building $32,700
2024$4,406.00$167,400 Land $143,100 Building $24,300$167,400 Land $143,100 Building $24,300
2022$151,100 Land $131,800 Building $19,300$151,100 Land $131,800 Building $19,300

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 2015 Hwy 623 in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective March 24, 2025

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 2015 Hwy 623 is high, ranking above 72% of the US, with a 0.2% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskHigh
above 72% of the US · above 89% of Minnesota
Wildfire Likelihood0.2% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 3 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Zito Media
Fiber
1,000 / 1,000

Nearby Properties on Hwy 623

Nearby Streets

Search Property Records by Address or Parcel Number