12 Cedar Dr
Babbitt, MN 55706
5 bd 2 ba 2,496 sqft Built 1978 Lot 8,712 sqft single_family
Most recent sale
$93,000
Oct 27, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 15, 2023 | Sold | $155,900 | LakeSuperiorAreaRealtors |
| Oct 31, 2022 | Price changed | $159,900 | LakeSuperiorAreaRealtors |
| Oct 19, 2022 | Price changed | $164,900 | MLS #6105308 |
| Sep 6, 2022 | Listed | $170,000 | MLS #6105308 |
| Oct 27, 2021 | Sold | $93,000 | Public Record |
| Apr 4, 2018 | Sold | $85,000 | MLS #6032065 |
| Oct 23, 2017 | Listed | $85,000 | MLS #6032065 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $110,632 | $5,446 | $116,078 | $1,600 |
| 2023 | $75,646 | $4,616 | $80,262 | $1,292 |
| 2022 | $55,039 | $3,532 | $58,571 | $1,010 |
| 2021 | $53,124 | $3,485 | $56,609 | $984 |
| 2020 | $53,124 | $3,485 | $56,609 | $958 |
| 2019 | $53,124 | $3,485 | $56,609 | $746 |
| 2018 | $44,533 | $3,247 | $47,780 | $756 |
| 2017 | $44,533 | $3,247 | $47,780 | $710 |
| 2016 | $44,533 | $3,247 | $47,780 | $880 |
| 2015 | $52,600 | $3,400 | $56,000 | $722 |
| 2014 | $43,400 | $2,900 | $46,300 | $649 |
| 2013 | $43,400 | $2,900 | $46,300 | $916 |
| 2012 | $55,400 | $3,100 | $58,500 | $1,059 |
| 2011 | $62,300 | $3,700 | $66,000 | $1,198 |
| 2010 | $101,200 | $5,500 | $106,700 | $1,214 |
| 2009 | $97,200 | $5,300 | $102,500 | $993 |
| 2008 | $97,200 | $5,300 | $102,500 | $731 |
| 2007 | $73,300 | $4,200 | $77,500 | $525 |
Property facts
Year built
1978
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,496 sqft
Lot size
8,712 sqft
ZIP code
55706
City
Babbitt
Street
Cedar Dr
Coordinates
47.70964, -91.93382
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$558
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 12 Cedar Dr last sell?
12 Cedar Dr most recently sold on Oct 27, 2021 for $93,000.
What is the current tax assessment for 12 Cedar Dr?
The most recent total assessment for 12 Cedar Dr (year 2025) is $116,078 with $1,600 in property tax.
How does 12 Cedar Dr's assessment compare to its last sale price?
The current assessment is 24.8% above the last sale price of $93,000.
When was 12 Cedar Dr built?
12 Cedar Dr was built in 1978.
How does 12 Cedar Dr compare to others on Cedar Dr?
We track 3 other properties on Cedar Dr. Browse the list under "Other properties on Cedar Dr" to compare beds, baths, and sale history.
What are the property facts for 12 Cedar Dr?
12 Cedar Dr is a 5 bed, 2 bath, 2,496 sqft, 8,712 sqft lot single_family.
Is 12 Cedar Dr a flip candidate?
Yes — 12 Cedar Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12 Cedar Dr a tax-appeal candidate?
No — 12 Cedar Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.2%
Implied 1-yr
-12.7%
2026 Q3
$117.3K
2026 Q4
$112.6K
ZIP 55706 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cedar Dr