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46 Balsam Cir

Babbitt, MN 55706

2 bd 2 ba 2,064 sqft Built 1954 Lot 9,365 sqft single_family
Most recent sale
$85,000
Nov 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2023 Sold $85,000 RangeMLS
Jul 31, 2023 Listed $105,500 RangeMLS
Jul 30, 2023 Listed $105,500 LakeSuperiorAreaRealtors

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,720 $4,331 $83,051 $1,034
2023 $52,846 $3,545 $56,391 $824
2022 $39,360 $2,820 $42,180 $646
2021 $38,340 $2,820 $41,160 $638
2020 $38,340 $2,820 $41,160 $618
2019 $34,560 $2,820 $37,380 $518
2018 $34,560 $2,820 $37,380 $524
2017 $34,560 $2,820 $37,380 $488
2016 $36,600 $3,100 $39,700 $538
2015 $32,800 $2,800 $35,600 $482
2014 $32,700 $2,800 $35,500 $423
2013 $37,200 $2,800 $40,000 $528
2011 $41,000 $3,200 $44,200 $677
2010 $70,300 $5,500 $75,800 $664
2009 $58,200 $5,500 $63,700 $417
2008 $58,200 $5,500 $63,700 $386
2007 $52,400 $5,000 $57,400 $302

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,064 sqft
Lot size
9,365 sqft
ZIP code
55706
City
Babbitt
Street
Balsam Cir
Coordinates
47.71095, -91.94077

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 46 Balsam Cir last sell?
46 Balsam Cir most recently sold on Nov 1, 2023 for $85,000.
What is the current tax assessment for 46 Balsam Cir?
The most recent total assessment for 46 Balsam Cir (year 2025) is $83,051 with $1,034 in property tax.
How does 46 Balsam Cir's assessment compare to its last sale price?
The current assessment is 2.3% below the last sale price of $85,000.
When was 46 Balsam Cir built?
46 Balsam Cir was built in 1954.
How does 46 Balsam Cir compare to others on Balsam Cir?
We track 8 other properties on Balsam Cir. Browse the list under "Other properties on Balsam Cir" to compare beds, baths, and sale history.
What are the property facts for 46 Balsam Cir?
46 Balsam Cir is a 2 bed, 2 bath, 2,064 sqft, 9,365 sqft lot single_family.
Is 46 Balsam Cir a flip candidate?
No — 46 Balsam Cir does not appear in our flips dataset.
Is 46 Balsam Cir a tax-appeal candidate?
No — 46 Balsam Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.2%
2026 Q3
$147.2K
2026 Q4
$147.6K
ZIP 55706 — Median Price History + Forecast

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