8512 Kramer Rd Babbitt, MN 55706
Estimated Value: $339,000 - $607,000
2
Beds
1
Bath
672
Sq Ft
$683/Sq Ft
Est. Value
About This Home
As of October 2022Newer 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 Listed By
Keller Williams Classic Realty Northwest License #20553505 Listed on: 09/11/2022
Home Details
Home Type
Single Family
Est. Annual Taxes
$3,984
Year Built
1999
Lot Details
0
Listing Details
- Class: Residential
- Construction: Wood Frame
- Guttering: Partial
- Heat: Electric, Baseboard
- Irregular Lot Size: Yes
- Lvt Date: 09/11/2022
- Main Level Bathrooms: 1
- Number Of Bedrooms: 2
- Parcel Code Number: 625-0023-00020
- Patioporch: Deck
- Real Estate Tax: 3,323.00
- Style: One Story
- Total Above Grade Sq Ft: 672
- Type: Residential
- Year Built: 1999
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Finished Sq Ft: 672
- Bedroom 1: Size: 8 x 11, On Level: Main
- Total Bathrooms: 1
- Appliances: Electric Range, Microwave, Refrigerator
- Bedroom 2: Size: 9 x 9, On Level: Main
- Dining Room: Size: comb w LR, On Level: Main
- Kitchen: Size: comb w LR
- Living Room: Size: 17 x 18, On Level: Main
- Main Level Bedrooms: 2
- Main Level Sq Ft: 672
- Other Room 2: Foyer, Size: 7 x 6, On Level: Main
- Other Room 3: Bath, Size: 8 x 5, On Level: Main
Exterior Features
- Exterior: Wood
- Roof: Shingle
Utilities
- Utilities: Septic, Lake Water System
- Water Heater: Electric
Schools
- School District: Babbitt
Lot Info
- Lot Size: Dimensions: 459x237
- Number Of Acres: 2.5
- Zoning: SMU11
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 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 Northwest
Buyer's Agent
Member Non
NON-MEMBER
List Price
$335,000
Sold Price
$390,000
Premium/Discount to List
$55,000
16.42%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,295
Avg. Annual Appreciation
6.57%
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Similar Home in Babbitt, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Nancy A | $390,000 | Northeast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Olsen Michelle | $100,000 | |
| Previous Owner | Johnson Bennet A | $30,000 | |
| Previous Owner | Olsen Michelle | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $390,000 | +16.4% | $580 / Sq Ft |
| 09/12/2022 09/12/22 | Pending | -- | -- | -- |
| 09/11/2022 09/11/22 | For Sale | $335,000 | -- | $499 / Sq Ft |
Source: Range Association of REALTORS®
Tax History Compared to Growth
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 | $3,984 | $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 Northwest
(218) 349-7731
72 Total Sales
-
M
Buyer's Agent in 2022
Member Non
NON-MEMBER
Map
Source: Range Association of REALTORS®
MLS Number: 144183
APN: 625002300020
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