$385,000
SOLD JUN 10, 2022

3298 Balsam St SW Prior Lake, MN 55372

3 Beds
2 Baths
2,248 Sq Ft
0.26 Acres

Recently Sold

$171 Per Sq Ft

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Hidden Oaks Middle School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Sunset Hills Park

About This Home

As of May 2024

This home is located at 3298 Balsam St SW, Prior Lake, MN 55372 and is currently priced at $385,000, approximately $171 per square foot. This property was built in 1988. 3298 Balsam St SW is a home located in Scott County with nearby schools including Five Hawks Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle School.

Last Agent to Sell the Property

Douglas MacCallum

Edina Realty, Inc. Listed on: 05/03/2022

Edina Realty, Inc.

Last Buyer's Agent

Bradley Williams

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 84x138

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 4-Story Property
  • 1 Fireplace
  • Partially Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Subdivisionname Sunset Hills A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 251720080

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,006

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Metal
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1988
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1124.00
  • Above Grade Finished Area Search: 1124.00
  • Above Grade Finished Sq Ft: 1124.00
  • Below Grade Finished Sq Ft: 490.00
  • Below Grade Total Sq Ft: 1124.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area: 440.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 14809
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1614.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 600.00
  • Main Level Area Units: Square Feet
  • Mls Major Change Type: Closed
  • Parcel Numbers: 251720080
  • Rental License: No
  • Stories Type: Four or More Level Split
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Basement: Partial Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2248.00
  • Fireplace: Yes
  • Stories: 4
  • Below Grade Finished Sq Ft: 490.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No

Schools

  • School District: 719 - Prior Lake-Savage Area Schools
  • School District Phone: 952-226-0000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: Unknown
  • Lot Size: 84x138
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Size Acres: 0.2600
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SUBDIVISIONNAME SUNSET HILLS ADDN LOT 007 BLOCK 002 SUBDIVISIONCD 25172
  • Tax Amount: 3006.00
  • Tax Year: 2022
  • Tax With Assessments: 3006.00
  • Assessor Parcel Number: 251720080

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 719 - Prior Lake-Savage Area Schools

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
0
Views
1441
Current Estimated Value
$432,223

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
Source: Public Records

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Range of Values:

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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 $427,500 --
Warranty Deed $279,900 Partners Title Llc
Warranty Deed $269,900 --
Warranty Deed $192,500 --
Warranty Deed $138,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $419,756 FHA
Closed $419,756 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $274,829 FHA
Previous Owner $160,000 Adjustable Rate Mortgage/ARM
Previous Owner $146,712 Adjustable Rate Mortgage/ARM
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Previous Owner $215,919 Adjustable Rate Mortgage/ARM
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

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 $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

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Map

Source: NorthstarMLS

MLS Number: NST6182409

NorthstarMLS

APN: 25-172-008-0