NOT LISTED FOR SALE

321 Balsam Ave S New Richland, MN 56072

Estimated Value: $257,000 - $353,000

4 Beds
3 Baths
4,151 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $267,575 $64 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,039/month

Highlights

  • Recreation Room
  • The kitchen features windows
  • Living Room
  • No HOA
  • 3 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2023

Need space! Open kitchen/dining room, 4 main floor bedrooms, main floor laundry, 3 car heated garage plus 20x20 storage shed. All sits on a deep lot for those fun outside activities.

Last Agent to Sell the Property

Marcia Berg

Edina Realty, Inc. Listed on: 05/15/2023

Edina Realty, Inc.

Last Buyer's Agent

Melisa Leonardo

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 110x138
  • Street terminates at a dead end

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Auditors #1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 151080240

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,710

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 2324
  • Water Body Name: East Lost
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Drainage System, Egress Window(s), Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Dishwasher, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 4151
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1827
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Mud Room, Recreation Room, Bedroom 5

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Concrete
  • Lake Acres: 483
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 960

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Natural Woodwork,Patio,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: N.R.H.E.G.
  • SchoolDistrictNumber: 2168
  • SchoolDistrictPhone: 507-465-3205

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 110x138
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 151080240
  • Tax Annual Amount: 4710
  • TaxWithAssessments: 4736.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 28, 2023
Sold by
Kofstad Gabriel and Kofstad Laurel
Bought by
Leonardo Keith and Leonardo Melisa
Seller's Agent
Marcia Berg
Edina Realty, Inc.
Buyer's Agent
Melisa Leonardo
Edina Realty, Inc.
List Price
$275,000
Sold Price
$267,575
Premium/Discount to List
-$7,425
-2.7%
Views
1
Current Estimated Value
$302,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,937
Avg. Annual Appreciation
5.34%
Original Mortgage
$214,060
Outstanding Balance
$209,680
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$89,253

Purchase Details

Closed on
Jul 29, 2016
Sold by
Svoboda Brian Brian
Bought by
Kofstad Gabriel Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
3.48%
Source: Public Records

Range of Values:

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Average Value
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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
Leonardo Keith $267,575 --
Kofstad Gabriel Gabriel $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonardo Keith $214,060
Previous Owner Kofstad Gabriel Gabriel $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $267,575 -2.7% $64 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $275,000 -- $66 / 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
2023 $4,600 $295,800 $24,100 $271,700
2022 $4,378 $265,200 $17,400 $247,800
2021 $4,150 $221,600 $14,500 $207,100
2020 $4,038 $209,600 $13,400 $196,200
2019 $3,496 $209,600 $13,400 $196,200
2018 $3,180 $186,000 $11,800 $174,200
2017 $3,062 $156,200 $9,504 $146,696
2016 $3,220 $156,200 $9,504 $146,696
2015 -- $167,300 $10,800 $156,500
2012 -- $150,800 $10,228 $140,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368337

NorthstarMLS

APN: 15.108.0240