NOT LISTED FOR SALE

2055 Balsam Way Hugo, MN 55038

Estimated Value: $582,000 - $598,000

5 Beds
4 Baths
3,035 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 04, 2025

Last sale price $579,900 $191 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,681/month

About This Home

As of February 2025

Like New Construction with All the Upgrades – 5 Bed, 4 Bath, Walkout Basement & More!

This stunning home in a highly sought-after, newer development offers the best of both worlds: the appeal of new construction without the wait or added costs. With over 3000 sq. ft. of finished living space, this home is move-in ready and includes all the features you’ve been looking for, plus a one-of-a-kind location with one of the largest fenced-in yards in the development.

Enjoy your spacious, maintenance free deck and poured patio, perfect for relaxing or entertaining. Inside, the open-concept floor plan features a beautiful kitchen, expansive living areas, and a flex room that can be customized to your needs – whether as a home office, playroom, or additional sitting area.

Upstairs, the generous primary suite offers exceptional space, a large bathroom with a double sink and walk-in closet. Three of the four upstairs bedrooms feature walk-in closets. The fully finished walkout basement expands your living space with a large family room, additional bedroom, and 3/4 bath, providing plenty of room.

This home is located in a vibrant community with tons of amenities, including basketball and pickleball courts, a fitness center, a Club House for social gatherings, a community dock, and more. You’ll love the sense of community and all the recreation options just steps from your door.

This home is also located in the highly rated Centennial School District and allows for easy access to shopping, dining, and major highways.

Why wait for new construction when you can have it all now? This home is a true gem, offering exceptional value with all the upgrades and space you need. Schedule your private showing today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2024
Closed on
Feb 4, 2025
Sold by
Mosher Samuel and Mosher Kaia
Bought by
Mederich Robyn and Mederich Justin
Seller's Agent
Kristina Ganske
eXp Realty
Buyer's Agent
Clint Kuipers
RE/MAX Advantage Plus
List Price
$579,900
Sold Price
$579,900
Views
72
Current Estimated Value
$587,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,870
Avg. Annual Appreciation
2.06%
Original Mortgage
$349,866
Outstanding Balance
$347,709
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$240,061

Purchase Details

Closed on
Nov 11, 2020
Sold by
U S Home Corporation
Bought by
Mosher Samuel P and Mosher Kaia Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,652
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mederich Robyn $579,900 --
Mosher Samuel P $408,315 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mederich Robyn $349,866
Previous Owner Mosher Samuel P $326,652
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Sold $579,900 0.0% $191 / Sq Ft View Prior Sale
01/08/2025 01/08/25 Pending -- -- --
12/05/2024 12/05/24 For Sale $579,900 -- $191 / Sq Ft

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 $5,985 $518,100 $126,000 $392,100
2024 $5,985 $499,300 $119,900 $379,400
2023 $5,612 $518,500 $119,900 $398,600
2022 $5,126 $505,700 $102,900 $402,800
2021 $1,045 $396,100 $84,000 $312,100
Source: Public Records

Agents Affiliated with this Home

  • Kristina Ganske

    Seller's Agent in 2025

    Kristina Ganske

    eXp Realty

    (651) 303-1139

    10 in this area

    74 Total Sales

    Kristina Ganske
    Section Image

  • G

    Seller Co-Listing Agent in 2025

    Garrett Ganske

    eXp Realty

    (612) 600-3240

    8 in this area

    35 Total Sales

    Garrett Ganske
    Section Image
  • Clint Kuipers

    Buyer's Agent in 2025

    Clint Kuipers

    RE/MAX Advantage Plus

    (651) 485-1534

    4 in this area

    108 Total Sales

    Clint Kuipers
    Section Image
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Map

Minnesota Anoka County Hugo 55038

2055 Balsam Way, Hugo, MN

This home is located at 2055 Balsam Way, Hugo, MN 55038 and is currently estimated at $587,770, approximately $193 per square foot. 2055 Balsam Way is a home with nearby schools including Centerville Elementary School, Centennial Middle School, and Centennial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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