NOT LISTED FOR SALE

38 Balsam Ln Madison Lake, MN 56063

Estimated Value: $400,000 - $458,000

4 Beds
3 Baths
1,377 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 38 Balsam Ln, Madison Lake, MN 56063 and is currently estimated at $436,598, approximately $317 per square foot. 38 Balsam Ln is a home located in Blue Earth County with nearby schools including Eagle Lake Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Rome Reichel Construction Inc
Bought by
Stehr Troy and Stehr Heather
Current Estimated Value
$436,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Outstanding Balance
$237,507
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$199,091

Purchase Details

Closed on
Apr 18, 2016
Sold by
Mesenbrink Construction & Engineering
Bought by
Rome Reichel Construction Inc
Source: Public Records

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.

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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.

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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.

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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.

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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 Buyer Sale Price Title Company
Stehr Troy $299,000 Stewart Title
Rome Reichel Construction Inc $30,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stehr Troy $284,050
Source: Public Records

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 $5,310 $462,400 $32,700 $429,700
2024 $5,310 $397,100 $32,600 $364,500
2023 $4,724 $370,200 $32,600 $337,600
2022 $4,006 $327,600 $32,600 $295,000
2021 $3,870 $274,200 $32,600 $241,600
2020 $3,396 $255,400 $32,600 $222,800
2019 $3,154 $255,400 $32,600 $222,800
2018 $3,022 $236,800 $30,400 $206,400
2017 $362 $233,900 $30,400 $203,500
2016 $352 $27,400 $27,400 $0
2015 $3 $27,400 $27,400 $0
2014 $344 $82,200 $82,200 $0
Source: Public Records

Map

Minnesota Blue Earth County Madison Lake 56063

38 Balsam Ln, Madison Lake, MN

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