NOT LISTED FOR SALE

1011 Balsam Ln Park Rapids, MN 56470

Estimated Value: $234,000 - $306,000

2 Beds
2 Baths
1,138 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 1011 Balsam Ln, Park Rapids, MN 56470 and is currently estimated at $255,685, approximately $224 per square foot. 1011 Balsam Ln is a home located in Hubbard County with nearby schools including Century Elementary School, Century School, and Park Rapids Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
H & H Props Of Park Rapids
Bought by
Downs Zachary J
Current Estimated Value
$261,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2018
Sold by
H & H Props Of Park Rapids
Bought by
Thompson Wayne W and Thompson Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2017
Sold by
Knoblauch Mary L and Knoblauch Kathryn J
Bought by
H & H Properties Of Park Rapids Llc

Purchase Details

Closed on
Jun 22, 2009
Sold by
H & H Properties Of Park Rapids Inc
Bought by
Knoblanch Joseph W

Purchase Details

Closed on
Apr 7, 2007
Sold by
Knoblauch Joseph W and Knoblauch Margery J
Bought by
H & H Properties Of Park Rapids Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Downs Zachary J $172,500 --
Thompson Wayne W $172,500 --
H & H Properties Of Park Rapids Llc $6,800 None Available
Knoblanch Joseph W -- None Available
H & H Properties Of Park Rapids Inc $40,000 Segue Title & Real Estate Se
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Zachary J $132,753
Closed Downs Zachary J $138,000
Closed Thompson Wayne W $138,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,918 $218,900 $17,300 $201,600
2023 $2,900 $232,600 $15,700 $216,900
2022 $2,266 $200,700 $15,700 $185,000
2021 $2,080 $167,800 $15,700 $152,100
2020 $1,966 $133,600 $15,005 $118,595
2019 $2,848 $121,200 $14,671 $106,529
2018 $1,542 $13,600 $13,600 $0
2016 $1,676 $13,600 $13,600 $0
2015 $238 $13,600 $13,600 $0
2014 $334 $19,000 $19,000 $0
Source: Public Records

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