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57 South Dr

Babbitt, MN 55706

3 bd 2 ba 1,121 sqft Built 1956 Lot 9,583 sqft single_family
Most recent sale
$62,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $62,000 MLS #143157
Apr 25, 2022 Listed $75,000 MLS #6184522
Apr 21, 2022 Listed $75,000 MLS #6102321
Nov 15, 2004 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,200 $6,300 $81,500 $1,494
2023 $50,063 $3,603 $53,666 $770
2020 $36,540 $2,880 $39,420 $578
2017 $32,940 $2,880 $35,820 $454
2016 $32,300 $3,100 $35,400 $446
2015 $28,900 $2,800 $31,700 $396
2014 $28,900 $2,800 $31,700 $344
2013 $32,500 $2,800 $35,300 $428
2012 $32,500 $2,800 $35,300 $509
2011 $36,300 $3,200 $39,500 $595
2010 $65,000 $5,500 $70,500 $595
2009 $65,000 $5,500 $70,500 $495
2008 $57,200 $4,600 $61,800 $366
2007 $52,000 $4,200 $56,200 $289

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,121 sqft
Lot size
9,583 sqft
ZIP code
55706
City
Babbitt
Street
South Dr
Coordinates
47.70800, -91.94268

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 57 South Dr last sell?
57 South Dr most recently sold on May 20, 2022 for $62,000.
What is the current tax assessment for 57 South Dr?
The most recent total assessment for 57 South Dr (year 2025) is $81,500 with $1,494 in property tax.
How does 57 South Dr's assessment compare to its last sale price?
The current assessment is 31.5% above the last sale price of $62,000.
When was 57 South Dr built?
57 South Dr was built in 1956.
How does 57 South Dr compare to others on South Dr?
We track 8 other properties on South Dr. Browse the list under "Other properties on South Dr" to compare beds, baths, and sale history.
What are the property facts for 57 South Dr?
57 South Dr is a 3 bed, 2 bath, 1,121 sqft, 9,583 sqft lot single_family.
Is 57 South Dr a flip candidate?
No — 57 South Dr does not appear in our flips dataset.
Is 57 South Dr a tax-appeal candidate?
Yes — 57 South Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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