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50 Balsam Cir

Babbitt, MN 55706

3 bd 2 ba 1,140 sqft Built 1954 Lot 8,712 sqft single_family
Most recent sale
$120,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $120,000 Public Record
Jun 13, 2022 Sold $120,000 MLS #143069
Apr 11, 2022 Listed $120,000 MLS #143069
Jan 24, 2022 Price changed $108,000 MLS #6102243
Oct 18, 2021 Price changed $108,000 MLS #142346
Sep 18, 2021 Listed $120,000 MLS #6102243
May 4, 2006 Sold $72,000 Public Record
Sep 3, 2004 Sold $52,500 Public Record
Aug 25, 1999 Sold $37,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $65,215 $3,775 $68,990 $898
2025 $59,041 $3,627 $62,668 $682
2023 $40,500 $3,060 $43,560 $570
2022 $55,000 $4,400 $59,400 $1,312
2021 $53,600 $4,400 $58,000 $1,294
2020 $53,600 $4,400 $58,000 $1,270
2019 $53,600 $4,400 $58,000 $614
2018 $28,980 $2,640 $31,620 $530
2017 $28,980 $2,640 $31,620 $616
2016 $28,980 $2,640 $31,620 $558
2015 $27,900 $3,100 $31,000 $406
2014 $25,000 $2,800 $27,800 $264
2013 $25,000 $2,800 $27,800 $353
2012 $28,900 $2,800 $31,700 $532
2011 $32,300 $3,200 $35,500 $673
2010 $57,000 $5,500 $62,500 $493
2009 $54,500 $5,500 $60,000 $374
2008 $54,500 $5,500 $60,000 $342
2007 $47,100 $4,700 $51,800 $242

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,140 sqft
Lot size
8,712 sqft
ZIP code
55706
City
Babbitt
Street
Balsam Cir
Coordinates
47.71134, -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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 50 Balsam Cir last sell?
50 Balsam Cir most recently sold on Jun 13, 2022 for $120,000.
What is the current tax assessment for 50 Balsam Cir?
The most recent total assessment for 50 Balsam Cir (year 2026) is $68,990 with $898 in property tax.
How does 50 Balsam Cir's assessment compare to its last sale price?
The current assessment is 42.5% below the last sale price of $120,000.
When was 50 Balsam Cir built?
50 Balsam Cir was built in 1954.
How does 50 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 50 Balsam Cir?
50 Balsam Cir is a 3 bed, 2 bath, 1,140 sqft, 8,712 sqft lot single_family.
Is 50 Balsam Cir a flip candidate?
No — 50 Balsam Cir does not appear in our flips dataset.
Is 50 Balsam Cir a tax-appeal candidate?
No — 50 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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