$130,000
SOLD MAY 27, 2025

112 Summit Ave Balaton, MN 56115

2 Beds
1.5 Baths
936 Sq Ft
8,233 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

4% Above List Price

17 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of May 2025

Welcome to Balaton! Your new home is here! With an efficient layout, this two bedroom, 1 bath home is full of natural light, and boasts a great floor plan. With new asphalt shingles, soffit, fascia, central air conditioning, forced air furnace, extensive insulation, etc. all done in the past two years, this home will impress! The two stall attached garage and sizable backyard are a bonus for this property as well. Schedule a showing today!

Last Agent to Sell the Property

Tara Onken

Edina Realty, Inc. Listed on: 04/11/2025

Last Buyer's Agent

Tara Onken

Edina Realty, Inc. Listed on: 04/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1971

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 100x80

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 211000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,086

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 936
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 936
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tracy Area
  • SchoolDistrictPhone: 507-629-5500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x80
  • Lot Size Sq Ft: 8232.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 211000800
  • Tax Annual Amount: 1086
  • TaxWithAssessments: 1086.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
May 27, 2025
Sold by
Vercruysse Marie
Bought by
Williams Myles N
Seller's Agent
Tara Onken
Edina Realty, Inc.
Buyer's Agent
Tara Onken
Edina Realty, Inc.
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Views
33
Current Estimated Value
$128,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,479
Avg. Annual Appreciation
-1.92%
Original Mortgage
$123,500
Outstanding Balance
$123,184
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$5,337

Purchase Details

Closed on
Jul 3, 2015
Sold by
Nelson Raymond and Fricke Linette
Bought by
Vercruysse Joseph and Vercruysse Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $130,000 Lyon County Abstract & Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Sold $130,000 +4.0% $139 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $125,000 -- $134 / 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
2025 $1,264 $88,600 $4,900 $83,700
2024 $1,086 $88,700 $4,900 $83,800
2023 $1,168 $72,000 $4,900 $67,100
2022 $1,054 $67,900 $4,400 $63,500
2021 $972 $57,000 $4,400 $52,600
2020 $982 $54,100 $4,400 $49,700
2019 $894 $61,600 $4,400 $57,200
2018 $882 $56,800 $4,400 $52,400
2017 $882 $56,800 $4,400 $52,400
2016 $848 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6702079

NorthstarMLS

APN: 21-100080-0