NOT LISTED FOR SALE

540 Mound Ave Balaton, MN 56115

Estimated Value: $95,000 - $120,000

2 Beds
1 Bath
952 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $98,000 $103 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $683/month

6 Days on Market

Highlights

  • No HOA
  • Porch
  • Living Room
  • The kitchen features windows
  • 3 Car Attached Garage
  • Entrance Foyer

About This Home

As of September 2023

Welcome home! This charming 2-bedroom, one bath home offers a 3-car heated garage with a floor drain. With over 24,000 sqft in the lot, you will find plenty of green space, a patio & a second driveway that is perfect for camper storage. The shed/barn offers a loft & 2 additional doors. Inside house you will find a 3-season porch, a perfect landing space for your things. Wood pillars frame the living room. Living room leads into the spacious dining room. Functional kitchen has white cupboards, a window & pantry in back hall. 2 bedrooms, both have large closets. Full bath has been nice updates. Basement is ready to be finished to your liking including laundry, plenty of storage & an old cistern that has been opened for additional storage. This is a hard-to-find home that you don’t want to miss.

Last Agent to Sell the Property

Molly Archbold

Edina Realty, Inc. Listed on: 08/08/2023

Last Buyer's Agent

Molly Archbold

Edina Realty, Inc. Listed on: 08/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1915

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 150x165

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Utility Room Floor Drain
  • Basement

Kitchen

  • Range
  • Freezer
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Propane

Community Details

  • No Home Owners Association
  • 4Th Railroad Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211080160

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 952
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer, Water Softener Rented
  • Living Area: 952
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Three Season Porch, Foyer, Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • Other Structures: Barn(s), Lean-To
  • PatioPorchType: Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 1080

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Tracy Area
  • SchoolDistrictNumber: 2904
  • SchoolDistrictPhone: 507-629-5500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150x165
  • Lot Size Sq Ft: 16552.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 211080160
  • Tax Annual Amount: 1138
  • TaxWithAssessments: 1138.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 29, 2023
Sold by
Hively Jacob J and Hively Amber
Bought by
Bethune Donald M
Seller's Agent
Molly Archbold
Edina Realty, Inc.
Buyer's Agent
Molly Archbold
Edina Realty, Inc.
List Price
$98,000
Sold Price
$98,000
Views
60
Current Estimated Value
$104,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,083
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
May 4, 2015
Sold by
Chandler Joshua J and Chandler Kylie
Bought by
Hively Jacob J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Bethune Donald M $98,000 Title And Abstract Services
Hively Jacob J $60,000 Title & Abstract Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bethune Donald M $24,000
Previous Owner Hively Jacob J $58,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $98,000 0.0% $103 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $98,000 -- $103 / 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 $1,446 $98,700 $7,000 $91,700
2024 $1,138 $99,100 $7,000 $92,100
2023 $1,138 $75,600 $7,000 $68,600
2022 $1,016 $66,000 $8,400 $57,600
2021 $1,048 $54,800 $8,400 $46,400
2020 $1,052 $58,700 $8,400 $50,300
2019 $1,012 $66,400 $8,400 $58,000
2018 $1,000 $64,600 $8,400 $56,200
2017 $1,000 $64,600 $8,400 $56,200
2016 $888 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6409407

NorthstarMLS

APN: 21-108016-0