NOT LISTED FOR SALE

8512 Kramer Bay Babbitt, MN 55706

Estimated Value: $378,000 - $562,000

2 Beds
1 Bath
672 Sq Ft
$685/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $390,000 $580 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,627/month

2 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Deck
  • Docks
  • Lake View
  • No HOA

About This Home

As of October 2022

Newer BIRCH LAKE getaway is nestled on +/- 2.5 acre, south facing point; boasting +400’ of shoreline. Soak in lake views, whether from expansive 3 sided, wrap around deck or from within knotty pine interior. 2 bedroom/1bath cabin features open living/dining/kitchen area. Cut trails, throughout the level/soft slope parcel, leading to lakeside vantage points; whether for fishing or for getting lost in thoughts! With more than 80% undeveloped pristine shoreline of its +7000 acres, Birch Lake is a haven in Superior National Forest! Also, a MN top-rated walleye fishing lake; along with northern pike & panfish. Numerous recreational (motorized & non-motorized) trails, golf courses & ski slope within short distance. This is the great escape……………

Last Agent to Sell the Property

Wendy Johnson

Keller Williams Classic Realty NW - Ely Listed on: 09/10/2022

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1999

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 547 x 98 x 307 x 371 x 96
  • Private Waterfront
  • 405 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Street terminates at a dead end
  • Level Lot
  • Irregular Lot
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Open Floorplan
  • Lake Views
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Outhouse

Utilities

  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 625-0023-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,323

Year Built

Built in 1999

Lot Details

2.5 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, South on Hwy 21 approx. 15 miles; Left on Cty Rd 70 approx. 1.25 mile; Left on Lamppa Rd; Left on Kramer Rd to Fire #.
  • Waterfront Info Lake Maximum Depth: 25
  • L O1 Office Phone1 Number: 763-463-7500
  • Road Maintenance: Private
  • ShorelineCharacteristics: Rocky, Sand, Shore-Accessible, Elevation-Medium, Shore-Vegetation
  • Property Sub-Type: Seasonal
  • Tax Year: 2022
  • Twp Number: 61
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 672
  • Garage Type: None
  • Heat: Baseboard, Electric
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1999
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range/Stove
  • Basement Material: N/A
  • Basement Style: Crawl Space, Posts
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Informal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Foyer
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 672
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 7074
  • Road Frontage: County, Dead End/No Outlet, Unpaved
  • Waterfront Access: Private
  • Water Frontage In Feet: 405
  • Waterfront Name: Birch
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Utilities

  • Power Company: Lake Country Power
  • Sewer: Drain Field, Outhouse, Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 547 x 98 x 307 x 371 x 96
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium, Level
  • Parcel Number: 625-0023-00020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Oct 9, 2022
Sold by
Olsen Michelle and Olsen Bennet A
Bought by
Nelson Nancy A
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$445,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,915
Avg. Annual Appreciation
5.00%
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
Nelson Nancy A $390,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $390,000 0.0% $580 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $390,000 -- $580 / 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 $3,984 $412,600 $292,600 $120,000
2023 $3,984 $301,400 $217,300 $84,100
2022 $3,408 $290,600 $206,500 $84,100
2021 $3,084 $274,600 $215,400 $59,200
2020 $3,138 $247,500 $196,000 $51,500
2019 $3,380 $247,500 $196,000 $51,500
2018 $3,440 $270,100 $217,300 $52,800
2017 $3,864 $270,100 $217,300 $52,800
2016 $3,852 $301,100 $263,200 $37,900
2015 $3,927 $301,100 $263,200 $37,900
2014 $3,927 $301,100 $263,200 $37,900
Source: Public Records

Agents Affiliated with this Home

  • Wendy Johnson

    Seller's Agent in 2022

    Wendy Johnson

    Keller Williams Classic Realty NW - Ely

    (218) 349-7731

    56 Total Sales

    Wendy Johnson
    Section Image

  • T

    Buyer's Agent in 2022

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    130 Total Sales

    Trish Bulinski
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105411

APN: 625002300020

Minnesota St Louis County Babbitt 55706

8512 Kramer Bay, Babbitt, MN

Not Listed for Sale

Detached

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