NOT LISTED FOR SALE

308 Balsam Ave S New Richland, MN 56072

Estimated Value: $130,000 - $156,000

2 Beds
1 Bath
884 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $148,500 $168 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $895/month

2 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Patio
  • Wood Flooring
  • Double Pane Windows
  • Kitchen Island

About This Home

As of July 2024

Immaculately cared for and updated 2 bed/1 bath/1 stall New Richland home. Home provides many cosmetic and mechanical updates including: roofing, high efficiency furnace and AC, water heater, dishwasher, refrigerator, oven/stove. Main floor laundry and storage/utilities in basement. Call today for a showing of this wonderful home!

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 06/18/2024

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Landscaped
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 152770100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Hardwood Floors, Kitchen Center Island, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.12
  • Assessment Balance: 26.26
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 884
  • L V T Date: 06/18/2024
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Circuit Breaker
  • Parcel Number: 152770100
  • Price Per Square Foot: 79
  • Sold Price Per Sq Ft: 84
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1258
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Primary
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13.9x9.4, On Level: Main
  • Room 2: Dining Room, 13.9x11.6, On Level: Main
  • Room 3: Kitchen, 11.3x10.0, On Level: Main
  • Room 4: Laundry Room, 7.10x10.6, On Level: Main
  • Room 5: Bathroom, 5.2x6.10, On Level: Main
  • Room 6: Primary Bedroom, 11.6x11.0, On Level: Main
  • Room 7: 9.3x11.0, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 884
  • Tot Above Grade Sq Ft: 884
  • Total Fin Square Footage: 884
  • Total Square Footage: 1768
  • Tot Below Grade Sq Ft: 884

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles, Metal

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Square Footage: 264

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: New Richland-Hartland-Ellendale-Geneva

Lot Info

  • Estimated Lot Dimensions: 50x100
  • Lot/Land Description: Landscaped, Tree Coverage - Light, Paved Streets

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2024
  • Tax Value: 1231.74

MLS Schools

  • School District: New Richland-Hartland-Ellendale-Geneva

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 31, 2024
Sold by
Skelton Loren
Bought by
Wellnitz Annabelle
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$139,900
Sold Price
$148,500
Premium/Discount to List
$8,600
6.15%
Views
34
Current Estimated Value
$144,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,578
Avg. Annual Appreciation
-2.27%
Original Mortgage
$148,500
Outstanding Balance
$147,481
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$2,559

Purchase Details

Closed on
Jul 29, 2016
Sold by
Wagner Daniel Daniel
Bought by
Skelton Loren Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.48%

Purchase Details

Closed on
Jun 23, 2015
Sold by
Louks Brian Brian
Bought by
Wagner Daniel Daniel
Source: Public Records

Range of Values:

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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
Wellnitz Annabelle $148,500 --
Skelton Loren Loren $44,000 --
Wagner Daniel Daniel $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellnitz Annabelle $148,500
Previous Owner Skelton Loren Loren $44,000
Previous Owner Louks Brian J $11,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $148,500 +6.1% $168 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $139,900 -- $158 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2023 $1,258 $102,900 $15,800 $87,100
2022 $1,114 $85,900 $11,400 $74,500
2021 $614 $71,800 $9,500 $62,300
2020 $596 $44,100 $8,800 $35,300
2019 $530 $44,100 $8,800 $35,300
2018 $498 $39,000 $7,800 $31,200
2017 $484 $22,700 $4,253 $18,447
2016 $724 $22,700 $4,253 $18,447
2015 -- $36,800 $7,100 $29,700
2012 -- $25,700 $4,624 $21,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035219

REALTOR® Association of Southern Minnesota

APN: 15.277.0100