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8958 Balsam Rd

Bemidji, MN 56601

3 bd 1 ba 1,104 sqft Built 1974 Lot 511,830 sqft single_family
Most recent sale
$285,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $295,000 NorthstarMLS
Oct 13, 2022 Listed $285,000 MLS #6271205
Dec 22, 2021 Sold $285,000 MLS #6133632
Dec 7, 2021 Listed $285,000 MLS #6133632

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $166,800 $80,300 $247,100 $2,280
2023 $166,800 $80,300 $247,100 $2,036
2021 $103,200 $38,700 $141,900 $1,930
2020 $97,200 $37,200 $134,400 $1,544
2019 $94,000 $34,800 $128,800 $1,430
2018 $94,700 $34,800 $129,500 $1,404
2017 $86,100 $34,800 $120,900 $1,330
2016 $83,100 $34,800 $117,900 $1,246
2014 $75,700 $30,200 $105,900 $1,030
2013 $76,200 $31,600 $107,800 $1,084
2012 $76,800 $36,100 $112,900 $987

Property facts

Year built
1974
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,104 sqft
Lot size
511,830 sqft
ZIP code
56601
City
Bemidji
Street
Balsam Rd
Coordinates
47.52618, -95.00884

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
6.97%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 8958 Balsam Rd last sell?
8958 Balsam Rd most recently sold on Dec 22, 2021 for $285,000.
What is the current tax assessment for 8958 Balsam Rd?
The most recent total assessment for 8958 Balsam Rd (year 2025) is $247,100 with $2,280 in property tax.
How does 8958 Balsam Rd's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $285,000.
When was 8958 Balsam Rd built?
8958 Balsam Rd was built in 1974.
How does 8958 Balsam Rd compare to others on Balsam Rd?
We track 8 other properties on Balsam Rd. Browse the list under "Other properties on Balsam Rd" to compare beds, baths, and sale history.
What are the property facts for 8958 Balsam Rd?
8958 Balsam Rd is a 3 bed, 1 bath, 1,104 sqft, 511,830 sqft lot single_family.
Is 8958 Balsam Rd a flip candidate?
No — 8958 Balsam Rd does not appear in our flips dataset.
Is 8958 Balsam Rd a tax-appeal candidate?
No — 8958 Balsam 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
-2.5%
Implied 1-yr
-10.1%
2026 Q3
$212.2K
2026 Q4
$205.7K
ZIP 56601 — Median Price History + Forecast

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