3298 Balsam St SW Prior Lake, MN 55372
Estimated Value: $416,000 - $456,892
4
Beds
2
Baths
1,734
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- No HOA
- Living Room
- Hidden Oaks Middle School Rated A-
- 2 Car Attached Garage
- 3-minute walk to Sunset Hills Park
About This Home
As of May 2024**Assumable for qualifying veterans at 5.25%** Introducing this charming single family home in Prior Lake! This spacious 4-bedroom, 2-bathroom home offers a warm and inviting atmosphere. The property features a fenced-in backyard, perfect for privacy and outdoor enjoyment. Inside, you'll find a generously sized master bedroom, providing a comfortable retreat. Additionally, it's conveniently located with two parks within walking distance, making it an ideal spot for nature enthusiasts. Plus, Spring Lake is just down the street for serene waterside strolls. This home combines comfort, nature, and accessibility in one fantastic package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,310
Year Built
- Built in 1988
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 84x138
- Wood Fence
- Few Trees
Parking
- 2 Car Attached Garage
Home Design
- Split Level Home
Interior Spaces
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 251720080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2023
Closed on
May 24, 2024
Sold by
Ranfranz Kathryn
Bought by
Meyers Joshua and Standing Kody
Seller's Agent
Bradley Williams
Edina Realty, Inc.
Buyer's Agent
Timothy Marsolais
RE/MAX Advantage Plus
List Price
$420,000
Sold Price
$427,500
Premium/Discount to List
$7,500
1.79%
Total Days on Market
120
Views
1441
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,723
Avg. Annual Appreciation
1.08%
Original Mortgage
$419,756
Outstanding Balance
$415,985
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$16,238
Purchase Details
Closed on
Aug 3, 2018
Sold by
Griffin Fredrick M
Bought by
Perrine Karl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,829
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 2005
Sold by
Johnson Daniel R
Bought by
Griffin Fredrick M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,919
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 17, 2003
Sold by
Lebens Steven J
Bought by
Johnson Daniel R and Johnson Rochelle K
Purchase Details
Closed on
Mar 26, 1999
Sold by
Vano Joel and Vano Judy A
Bought by
Lebens Steven J and Lebens Katherine M
Similar Homes in Prior Lake, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meyers Joshua | $427,500 | -- | |
| Perrine Karl | $279,900 | Partners Title Llc | |
| Griffin Fredrick M | $269,900 | -- | |
| Johnson Daniel R | $192,500 | -- | |
| Lebens Steven J | $138,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meyers Joshua D | $419,756 | |
| Closed | Meyers Joshua | $419,756 | |
| Previous Owner | Perrine Kari | $250,000 | |
| Previous Owner | Perrine Karl | $274,829 | |
| Previous Owner | Griffin Fredrick M | $160,000 | |
| Previous Owner | Griffin Fredrick M | $146,712 | |
| Previous Owner | Griffin Fredrick M | $25,000 | |
| Previous Owner | Griffin M | $215,919 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $427,500 | +1.8% | $247 / Sq Ft |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 02/09/2024 02/09/24 | For Sale | $420,000 | -1.8% | $242 / Sq Ft |
| 02/06/2024 02/06/24 | Off Market | $427,500 | -- | -- |
| 12/20/2023 12/20/23 | For Sale | $420,000 | +9.1% | $242 / Sq Ft |
| 06/10/2022 06/10/22 | Sold | $385,000 | 0.0% | $171 / Sq Ft |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- |
| 05/03/2022 05/03/22 | For Sale | $385,000 | -- | $171 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,214 | $343,300 | $161,200 | $182,100 |
| 2024 | $3,214 | $344,400 | $161,200 | $183,200 |
| 2023 | $3,310 | $322,700 | $150,600 | $172,100 |
| 2022 | $3,006 | $341,800 | $150,600 | $191,200 |
| 2021 | $2,962 | $269,900 | $116,300 | $153,600 |
| 2020 | $2,948 | $261,300 | $115,600 | $145,700 |
| 2019 | $2,946 | $250,800 | $107,100 | $143,700 |
| 2018 | $3,290 | $0 | $0 | $0 |
| 2016 | $2,728 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bradley Williams
Seller's Agent in 2024
Bradley Williams
Edina Realty, Inc.
(763) 795-1800
3 in this area
330 Total Sales
-
Daniel Meyer
Seller Co-Listing Agent in 2024
Daniel Meyer
Edina Realty, Inc.
(507) 514-3031
1 in this area
81 Total Sales
-
Timothy Marsolais
Buyer's Agent in 2024
Timothy Marsolais
RE/MAX Advantage Plus
(952) 212-1743
2 in this area
73 Total Sales
-
Douglas MacCallum
Seller's Agent in 2022
Douglas MacCallum
Edina Realty, Inc.
(952) 200-4607
5 in this area
108 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6470497
APN: 25-172-008-0
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