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8512 Kramer Rd

Babbitt, MN 55706

2 bd 1 ba 672 sqft Built 1999 Lot 108,900 sqft single_family
Most recent sale
$390,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $390,000 MLS #144183
Sep 11, 2022 Listed $335,000 MLS #144183
Sep 10, 2022 Listed $335,000 MLS #6105411

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $136,000 $292,600 $428,600 $4,370
2025 $120,000 $292,600 $412,600 $3,984
2023 $84,100 $206,500 $290,600 $3,166
2022 $59,200 $215,400 $274,600 $3,408
2021 $51,500 $196,000 $247,500 $3,084
2020 $51,500 $196,000 $247,500 $3,138
2019 $51,500 $196,000 $247,500 $3,380
2018 $52,800 $217,300 $270,100 $3,440
2017 $52,800 $217,300 $270,100 $3,864
2016 $37,900 $263,200 $301,100 $3,852
2015 $37,900 $263,200 $301,100 $4,038
2014 $37,900 $263,200 $301,100 $3,927
2013 $37,900 $263,200 $301,100 $4,347
2012 $39,700 $297,900 $337,600 $4,873
2011 $44,400 $356,500 $400,900 $4,200
2010 $44,400 $356,500 $400,900 $4,087
2009 $35,900 $251,500 $287,400 $2,539
2008 $35,900 $251,500 $287,400 $2,017
2007 $25,700 $153,500 $179,200 $1,786

Property facts

Year built
1999
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
672 sqft
Lot size
108,900 sqft
ZIP code
55706
City
Babbitt
Street
Kramer Rd
Coordinates
47.73070, -91.93393

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
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8512 Kramer Rd last sell?
8512 Kramer Rd most recently sold on Oct 12, 2022 for $390,000.
What is the current tax assessment for 8512 Kramer Rd?
The most recent total assessment for 8512 Kramer Rd (year 2026) is $428,600 with $4,370 in property tax.
How does 8512 Kramer Rd's assessment compare to its last sale price?
The current assessment is 9.9% above the last sale price of $390,000.
When was 8512 Kramer Rd built?
8512 Kramer Rd was built in 1999.
How does 8512 Kramer Rd compare to others on Kramer Rd?
We track 1 other property on Kramer Rd. Browse the list under "Other properties on Kramer Rd" to compare beds, baths, and sale history.
What are the property facts for 8512 Kramer Rd?
8512 Kramer Rd is a 2 bed, 1 bath, 672 sqft, 108,900 sqft lot single_family.
Is 8512 Kramer Rd a flip candidate?
No — 8512 Kramer Rd does not appear in our flips dataset.
Is 8512 Kramer Rd a tax-appeal candidate?
No — 8512 Kramer Rd 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
-3.2%
Implied 1-yr
-12.7%
2026 Q3
$117.3K
2026 Q4
$112.6K
ZIP 55706 — Median Price History + Forecast

Explore nearby

Other properties on Kramer Rd