$410,000
SOLD AUG 14, 2025

3322 Balsam Ln Princeton, MN 55371

3 Beds
1.5 Baths
1,589 Sq Ft
1.25 Acres

Recently Sold

$258 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • 54,450 Sq Ft lot
  • No HOA
  • 3 Car Attached Garage
  • Corner Lot
  • The kitchen features windows
  • Living Room

About This Home

As of August 2025

Welcome to affordable one level living on 1.25 acres. Great location, close to town and on a corner lot. Open floor plan with vaulted ceiling. Kitchen features staggered custom oak cabinetry, large center island, LVP throughout kitchen, DR & hallway, recessed lighting and solid oak doors. In floor heat throughout home & garage.

Last Agent to Sell the Property

Kristie Bernard

Keller Williams Integrity NW Listed on: 07/07/2025

Keller Williams Integrity NW

Last Buyer's Agent

Kristie Bernard

Keller Williams Integrity NW Listed on: 07/07/2025

Keller Williams Integrity NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 2018

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 173x311x173x318
  • Corner Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage

Interior Spaces

  • 1,589 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Balsam Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161020050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,677

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: Doors 36"+, Hallways 42"+, No Stairs External, No Stairs Internal
  • Water Source: Well
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 1589
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1589
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage
  • Garage Square Feet: 850

Utilities

  • Heating: Ductless Mini-Split, Radiant Floor
  • Sewer: Mound Septic, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Natural Woodwork,Paneled Doors,In-Ground Sprinkler,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Princeton
  • SchoolDistrictNumber: 477
  • SchoolDistrictPhone: 763-389-2422

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 173x311x173x318
  • Lot Size Sq Ft: 54450
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 161020050
  • Tax Annual Amount: 3677
  • TaxWithAssessments: 3692.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Aug 14, 2025
Sold by
Gatewood James and Gatewood Laura
Bought by
John A Hulett Revocable Trust and Carol M Hulett Revocable Trust
Seller's Agent
Kristie Bernard
Keller Williams Integrity NW
Buyer's Agent
Kristie Bernard
Keller Williams Integrity NW
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.70%

Purchase Details

Closed on
Sep 22, 2022
Sold by
Gatewood James W and Gatewood Charlotte M
Bought by
Revocable Trust

Purchase Details

Closed on
Jul 25, 2019
Sold by
Heritage Ventures Llc
Bought by
Gatewood James and Fredrick Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2017
Sold by
Pierce Gene and Pierce Donna
Bought by
Heritage Ventures Llc

Purchase Details

Closed on
Dec 28, 2009
Sold by
Wind River Holdings Inc
Bought by
Pierce Gene and Pierce Donna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $410,000 Home Security Abstract & Title
Quit Claim Deed $3,000 --
Warranty Deed $296,579 Home Security Abstract & Tit
Deed $60,000 Home Secuirty Abstract & Tit
Quit Claim Deed -- Home Security Abstract & Tit
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,765 FHA
Previous Owner $289,656 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Sold $410,000 -3.5% $258 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $425,000 -- $267 / 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 $3,692 $369,700 $94,100 $275,600
2024 $3,808 $322,900 $59,000 $263,900
2023 $3,770 $341,000 $54,000 $287,000
2022 $3,318 $337,000 $50,000 $287,000
2021 $3,080 $257,100 $46,000 $211,100
2020 $1,580 $244,000 $46,000 $198,000
2019 $342 $125,600 $46,000 $79,600
2018 $350 $20,000 $20,000 $0
2017 $358 $20,000 $20,000 $0
2016 $360 $0 $0 $0
2015 $452 $0 $0 $0
2014 $452 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6750532

NorthstarMLS

APN: 16-102-0050