NOT LISTED FOR SALE

3387 Balsam St SW Prior Lake, MN 55372

Estimated Value: $365,000 - $419,000

4 Beds
2 Baths
2,204 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $390,000 $177 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,413/month

17 Days on Market

Highlights

  • Deck
  • No HOA
  • Stainless Steel Appliances
  • Hidden Oaks Middle School Rated A-
  • Home Office
  • 4-minute walk to Sunset Hills Park

About This Home

As of April 2024

Wonderful home with 4 BR/2 BA and updated kitchen. Newer stainless steel appliances, washer and dryer. New carpet and flooring on upper level. The large maintenance free deck is new with an added 10x12 storage shed. Located conveniently to Hwy 13 and both lake accesses with park nearby.

Last Agent to Sell the Property

Raymond Loftus

Edina Realty, Inc. Listed on: 03/06/2024

Edina Realty, Inc.

Last Buyer's Agent

Heather Gustafson

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,724

Year Built

  • Built in 1988

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 84x130

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Free Standing Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Subdivisionname Sunset Hills Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 251720230

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,724

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 1174
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Free Standing
  • Living Area: 2204
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1030
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Office, Other Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Patio

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 84x130
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 251720230
  • Tax Annual Amount: 3724
  • TaxWithAssessments: 3724.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 5, 2024
Sold by
Hanson Katie and Hanson Gregory
Bought by
Nelson Rebecca and Nelson Lucas
Seller's Agent
Raymond Loftus
Edina Realty, Inc.
Buyer's Agent
Heather Gustafson
Edina Realty, Inc.
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Total Days on Market
17
Views
109
Current Estimated Value
$397,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,172
Avg. Annual Appreciation
1.61%
Original Mortgage
$351,000
Outstanding Balance
$347,051
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$50,121

Purchase Details

Closed on
Jul 28, 2016
Sold by
Gustina Nancy J and Gustina Jamie R
Bought by
Hanson Katie L and Hanson Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2002
Sold by
Austad Troy A and Austad Dawn R
Bought by
Gustina Jamie R and Gustina Nancy J
Source: Public Records

Similar Homes in Prior Lake, MN

  • 3326 Balsam St SW, Prior Lake, MN 55372

    $449,000

    • 4 Beds
    • 2 Baths
    • 2,123 Sq Ft
    • 3326 Balsam St SW
    • Prior Lake, MN

    Don't miss this home where a dream garage meets ideal location! The impressive 4.5-car heated and insulated garage features 9-foot ceilings, a built-in air compressor, and dual attic lofts for even more storage—an absolute haven for car lovers, hobbyists, or boat owners. Just blocks from the public boat launch! Inside, enjoy vaulted ceilings, an oversized entry with a walk-in closet perfect for

    Mark Gores RE/MAX Advantage Plus

    Section Image
  • 3457 Willow Beach Trail SW, Prior Lake, MN 55372

    $475,000

    • 4 Beds
    • 3 Baths
    • 2,076 Sq Ft
    • 3457 Willow Beach Trail SW
    • Prior Lake, MN

    Lake Access Living in the Willows Beach Association! Fall in love with this beautifully updated home offering lake access just steps away! From the stunning kitchen featuring a large center island, beautiful wood floors throughout, relaxing living room with an updated fireplace to the inviting 3-season porch and the spacious backyard with a brand new concrete patio—every detail has been

    Wendy Dorn Edina Realty, Inc.

    Section Image
  • 2958 Spring Lake Rd SW, Prior Lake, MN 55372

    $415,000

    • 4 Beds
    • 2 Baths
    • 2,212 Sq Ft
    • 2958 Spring Lake Rd SW
    • Prior Lake, MN

    Welcome to your personal oasis! This beautifully maintained home offers a serene lifestyle with a rare creek-front setting, complete with your very own bridge to enjoy the flowing water and abundant wildlife, including egrets and blue herons each spring.Recent updates include new exterior siding on the front side of the home, a fully remodeled upstairs bathroom featuring elegant quartz

    Zachary Stebbing eXp Realty

    Section Image
  • 17390 Sunset Trail SW, Prior Lake, MN 55372

    $375,000

    • 4 Beds
    • 2 Baths
    • 1,880 Sq Ft
    • 17390 Sunset Trail SW
    • Prior Lake, MN

    Ready to move-in home with new carpet throughout, four bedrooms, two bathrooms, and oversized 2 car garage perfectly situated on a mature lot with views of Spring Lake. Large living room with open concept feel and lots of windows. Huge deck that wraps around the home, extra parking on driveway and easy, shared access to the lake make this home the perfect place for entertaining and gatherings.

    Amanda Doub eXp Realty

    Section Image
  • 16568 Inguadona Beach Cir SW, Prior Lake, MN 55372

    $500,000

    • 3 Beds
    • 2 Baths
    • 1,195 Sq Ft
    • 16568 Inguadona Beach Cir SW
    • Prior Lake, MN

    Lakefront Opportunity on Prior Lake!Discover the potential of this 3-bedroom, 2-bathroom home with 51.3 feet of shoreline on the highly sought-after Prior Lake. Whether you’re looking for a fixer-upper or the perfect spot to build your dream lake home or cabin, this property (Lot 9-lakeside & Lot 26-across) offers endless possibilities.Enjoy breathtaking sunsets, kayaking, and the convenience of

    Amanda Mendoza Keller Williams Preferred Rlty

    Section Image
  • 3313 Twin Island Cir NW, Prior Lake, MN 55372

    $500,000

    • 3 Beds
    • 1.5 Baths
    • 1,364 Sq Ft
    • 3313 Twin Island Cir NW
    • Prior Lake, MN

    Experience the best of lakeside living without the long drive up north! This rare opportunity offers 168 feet of lakeshore and over half an acre on Upper Prior’s Twin Island—a private retreat in the middle of the lake. 168 feet of lakeshore & over a half-acre, this fully furnished cabin comes complete with a dock and large surf boat lift with 28' canopy. Already own on the lake but need more

    Glori Haidar Edina Realty, Inc.

    Section Image
  • 4113 Willowwood St SE, Prior Lake, MN 55372

    $408,900

    • 3 Beds
    • 2 Baths
    • 1,994 Sq Ft
    • 4113 Willowwood St SE
    • Prior Lake, MN

    Welcome to 4413 Willowwood St SE, Prior Lake!Ideally situated in the heart of Prior Lake, minutes away from Upper Prior Lake & Boat Launch, Spring Lake, Restaurants, Coffee Shops, Shopping, and walking distance to Five Hawks Elementary. This charming single-family home sits on a spacious nearly half-acre lot. The oversized concrete driveway offers ample parking, and the expansive 23x23 deck is

    Matt Ebbighausen iMetro Property

    Section Image
  • 16663 Creekside Cir SE, Prior Lake, MN 55372

    $369,900

    • 5 Beds
    • 1.5 Baths
    • 1,963 Sq Ft
    • 16663 Creekside Cir SE
    • Prior Lake, MN

    **First time on the market!** This spacious home features 5 bedrooms and 2 baths. A thoughtfully designed addition enhances the original layout offering even more space. Complete with a built-in entertainment center, bay window that fills the space with natural light and an elegant cove ceiling adding charm, a perfect blend of character and functionality. Enjoy the beautiful .37 acre lot with a

    Julie Westman Green Tree Realty

    Section Image
  • 16725 Anna Trail SE, Prior Lake, MN 55372

    $335,000

    • 4 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 16725 Anna Trail SE
    • Prior Lake, MN

    Charming 4-Bedroom Rambler in the Heart of Prior Lake! Welcome home to this beautifully updated 4-bedroom, 2-bath rambler nestled in a quiet, established neighborhood just minutes from all that Prior Lake has to offer. From the moment you step inside, you'll love the warm, inviting feel with hardwood floors, a bright open layout, and large windows that let in tons of natural light. The main level

    Travis Colsen RE/MAX Advantage Plus

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Rebecca $390,000 --
Hanson Katie L $267,500 North American Title Company
Gustina Jamie R $211,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Rebecca $351,000
Previous Owner Hanson Katie L $50,000
Previous Owner Hanson Gregory D $240,700
Previous Owner Hanson Katie L $245,500
Previous Owner Gustina Jamier $151,800
Previous Owner Gustina Nancy J $85,000
Previous Owner Gustina Jamie R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $390,000 0.0% $177 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/22/2024 03/22/24 Off Market $390,000 -- --
03/18/2024 03/18/24 Price Changed $390,000 -2.5% $177 / Sq Ft
03/08/2024 03/08/24 For Sale $400,000 -- $181 / 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 $3,654 $358,300 $168,000 $190,300
2024 $3,654 $359,300 $168,000 $191,300
2023 $3,724 $336,800 $157,000 $179,800
2022 $3,468 $352,900 $157,000 $195,900
2021 $3,426 $282,400 $122,400 $160,000
2020 $3,428 $273,100 $115,600 $157,500
2019 $3,560 $262,400 $107,100 $155,300
2018 $3,498 $0 $0 $0
2016 $2,538 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6498987

NorthstarMLS

APN: 25-172-023-0