NOT LISTED FOR SALE

8512 Kramer Rd Babbitt, MN 55706

Estimated Value: $342,000 - $561,000

2 Beds
1 Bath
672 Sq Ft
$695/Sq Ft Est. Value

Last Sold October 12, 2022

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

Est. 20% increase in value since last sale

Current estimated payment $2,799/month

Highlights

  • Deck
  • 1-Story Property
  • Baseboard Heating

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 Northwest License #20553505 Listed on: 09/11/2022

Keller Williams Classic Realty Northwest

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1999

Lot Details

  • 2.5 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

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

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%
Current Estimated Value
$466,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,745
Avg. Annual Appreciation
6.13%
Source: Public Records

Range of Values:

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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
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 +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

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 $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

    64 Total Sales

    Wendy Johnson
    Section Image

  • M

    Buyer's Agent in 2022

    Member Non

    NON-MEMBER

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Map

Source: Range Association of REALTORS®

MLS Number: 144183

Range Association of REALTORS®

APN: 625002300020

Minnesota St Louis County Babbitt 55706

8512 Kramer Rd, Babbitt, MN

This home is located at 8512 Kramer Rd, Babbitt, MN 55706 since 11 September 2022 and is currently estimated at $466,745, approximately $694 per square foot. This property was built in 1999. 8512 Kramer Rd is a home located in St. Louis County with nearby schools including Babbitt Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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