$248,800
SOLD FEB 24, 2025

1013 Balsam Ln Unit A Park Rapids, MN 56470

3 Beds
2 Baths
1,715 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

14% Below List Price

286 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Wood Fence
  • 2 Car Attached Garage

About This Home

As of February 2025

Beautiful well-maintained Twin Home in excellent convenient location. Home features 3 bedrooms, 2 baths, main-floor laundry, double attached garage, gas fireplace and covered patio. Ready to move into and enjoy.

Last Agent to Sell the Property

Thom Peterson

Coldwell Banker Crown Realtors Listed on: 04/10/2024

Coldwell Banker Crown Realtors

Last Buyer's Agent

Eric Wolff

Wolff & Simon Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 2007

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51.92x150x52.19x150
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,715 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Boiler Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eastwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 326202210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,834

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1715
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 49'x41'
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1715
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Bedroom 2, Kitchen, Dining Room, Living Room, Bedroom 3, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: Wood
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Patio

Garage/Parking

  • Parking Features: Attached Garage
  • Carport Spaces: 19
  • Garage Square Feet: 456
  • Garage Door Height: 7

Utilities

  • Heating: Boiler, Ductless Mini-Split, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictNumber: 309
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 51.92x150x52.19x150
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 326202210
  • Tax Annual Amount: 2834
  • TaxWithAssessments: 3044.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Feb 24, 2025
Sold by
Johnson Patricia A
Bought by
Kelley Rita Jane Princet
Seller's Agent
Thom Peterson
Coldwell Banker Crown Realtors
Buyer's Agent
Eric Wolff
Wolff & Simon Real Estate
List Price
$289,500
Sold Price
$248,800
Premium/Discount to List
-$40,700
-14.06%
Views
145
Current Estimated Value
$249,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128
Avg. Annual Appreciation
0.70%
Original Mortgage
$198,400
Outstanding Balance
$197,396
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$52,532

Purchase Details

Closed on
Jan 17, 2023
Sold by
Johnson Patricia A
Bought by
Johnson Patricia A and Johnson Brett

Purchase Details

Closed on
Aug 1, 2007
Sold by
H & H Properties Of Park Rapids Inc
Bought by
Johnson Michael G and Johnson Patricia A
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $248,800 Leer Title
Deed -- None Listed On Document
Warranty Deed $151,900 Segue Title & Real Estate Se
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $248,800 -3.9% $145 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
10/09/2024 10/09/24 Price Changed $259,000 -2.1% $151 / Sq Ft
08/30/2024 08/30/24 Price Changed $264,500 -1.7% $154 / Sq Ft
06/20/2024 06/20/24 Price Changed $269,000 -7.1% $157 / Sq Ft
04/12/2024 04/12/24 For Sale $289,500 -- $169 / Sq Ft
Source: NorthstarMLS

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 $2,660 $223,000 $15,200 $207,800
2023 $3,044 $243,300 $13,800 $229,500
2022 $2,364 $209,100 $13,800 $195,300
2021 $2,164 $174,300 $13,800 $160,500
2020 $2,054 $139,600 $13,254 $126,346
2019 $2,250 $127,100 $12,980 $114,120
2018 $2,390 $120,400 $11,074 $109,326
2016 $2,208 $112,100 $10,883 $101,217
2015 $1,419 $97,200 $10,485 $86,715
2014 $1,473 $100,500 $12,403 $88,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6518450

NorthstarMLS

APN: 32.62.02210