$579,900
SOLD FEB 4, 2025

2055 Balsam Way Hugo, MN 55038

5 Beds
3.5 Baths
3,035 Sq Ft
0.4 Acres

Recently Sold

$191 Per Sq Ft

34 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • Stainless Steel Appliances
  • Centerville Elementary School Rated A-
  • Mud Room
  • The kitchen features windows

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!

Last Agent to Sell the Property

Kristina Ganske

eXp Realty Listed on: 12/01/2024

eXp Realty

Co-Listed By

Garrett Ganske

eXp Realty

Last Buyer's Agent

Clint Kuipers

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 2020

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 44x141x125x140
  • Home fronts a pond
  • Property is Fully Fenced
  • Chain Link Fence
  • Few Trees

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • Association fees include dock, professional mgmt, trash, shared amenities
  • Associa Association, Phone Number (763) 225-6400
  • Watermark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 133122330036

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,784

Year Built

Built in 2020

Lot Details

0

HOA Fees

$53 per month

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
  • Fee Frequency: Quarterly
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 2224
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 3035
  • Fireplace: No
  • Below Grade Finished Sq Ft: 811
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Flex Room, Mud Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Family Room, Bedroom 5, Utility Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: Chain Link, Full
  • PatioPorchType: Composite Decking,Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Professional Mgmt, Trash, Shared Amenities
  • Phone: 763-225-6400
  • Association Fee: 159
  • Association: Yes
  • Amenities Unit: Cable,Deck,French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Associa

Schools

  • Junior High Dist: Centennial
  • SchoolDistrictPhone: 763-792-6000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 44x141x125x140
  • Lot Size Sq Ft: 17424
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 133122330036
  • Tax Annual Amount: 5784
  • TaxWithAssessments: 5784.0000

Multi Family

  • WaterfrontFeatures: Pond

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
$579,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32
Avg. Annual Appreciation
-0.01%
Original Mortgage
$349,866
Outstanding Balance
$347,709
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$232,159

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed $579,900 --
Limited Warranty Deed $408,315 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $349,866 New Conventional
Previous Owner $326,652 New Conventional
Source: Public Records

Property History

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

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Map

Source: NorthstarMLS

MLS Number: 6632723

NorthstarMLS

APN: 13-31-22-33-0036