B
Seller's Agent in 2023
Brent Fossum
Bridge Realty, LLC
(612) 850-3390
4 in this area
13 Total Sales
6450 Balsam Ln N Maple Grove, MN 55369
Estimated Value: $697,000 - $810,039
4
Beds
3.5
Baths
2,877
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- 53 Feet of Waterfront
- Property fronts a channel
- Game Room
- Cedar Island Elementary School Rated 9+
- No HOA
- The kitchen features windows
About This Home
As of July 2023Live on the best recreational lake in the metro, Eagle Lake, & everything it has to offer. This unique home is surrounded by lake, wildlife & nature preserves creating serenity only 15 minutes from Mpls. Enjoy the conveniences that Maple Grove has to offer with shopping, dining, schools, fitness & parks. Cabin life with a great neighborhood & access to all delivery services. 53' of shoreline on almost -acre yard overlooking beautiful views of Eagle Lake Regional Park. Walking distance to Eagle Lake Golf Course & mini putt course. Great opportunity to design & build your dream home with Sustainable 9 Design Build & Unfold Architecture. Building plans have been developed, you are free to customize them or start from scratch & design your own dream home. List price is for the current home located on the property. It will vary depending upon the final details & finishes, but you can expect to pay $1,200,000 plus the cost of the land to build new. Boat slip & dock excluded. Sold as is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,775
Year Built
- Built in 1979
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 108x270x42x828
- Property fronts a channel
- 53 Feet of Waterfront
- Lake Front
- Partially Fenced Property
- Wire Fence
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Pitched Roof
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Stone Fireplace
- Family Room with Fireplace
- Living Room
- Game Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- 200+ Amp Service
Community Details
- No Home Owners Association
- Buena Vista Terrace 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3511922410042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jul 11, 2023
Sold by
Fossum Grant and Fossum Maria
Bought by
Johnson Megan
Seller's Agent
Brent Fossum
Bridge Realty, LLC
Buyer's Agent
Jeff Garthwait
Orono Realty Inc
List Price
$869,000
Sold Price
$780,000
Premium/Discount to List
-$89,000
-10.24%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,740
Avg. Annual Appreciation
-0.33%
Original Mortgage
$617,852
Outstanding Balance
$602,501
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$171,759
Purchase Details
Closed on
Feb 23, 2022
Sold by
Schmidt Michael and Schmidt Angela
Bought by
Fossum Grant
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2022
Sold by
Schmidt Michael D and Schmidt Angela
Bought by
Fossum Grant
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 1997
Sold by
Hellman Robert C and Hellman Deborah L
Bought by
Schmidt Michael D
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Megan | $780,000 | -- | |
| Fossum Grant | $750,000 | -- | |
| Fossum Grant | $750,000 | Ancona Title | |
| Schmidt Michael D | $243,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Megan | $617,852 | |
| Previous Owner | Fossum Grant | $600,000 | |
| Previous Owner | Fossum Grant | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Sold | $780,000 | -10.2% | $271 / Sq Ft |
| 05/19/2023 05/19/23 | For Sale | $869,000 | -- | $302 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,731 | $748,000 | $392,300 | $355,700 |
| 2023 | $9,059 | $727,000 | $377,300 | $349,700 |
| 2022 | $6,747 | $727,300 | $370,100 | $357,200 |
| 2021 | $6,694 | $545,400 | $243,000 | $302,400 |
| 2020 | $7,045 | $532,400 | $236,800 | $295,600 |
| 2019 | $6,347 | $535,000 | $252,700 | $282,300 |
| 2018 | $6,248 | $460,800 | $194,000 | $266,800 |
| 2017 | $6,172 | $421,800 | $183,000 | $238,800 |
| 2016 | $6,370 | $406,900 | $176,000 | $230,900 |
| 2015 | $6,683 | $415,600 | $187,000 | $228,600 |
| 2014 | -- | $370,900 | $164,000 | $206,900 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Fossum
-
Jeff Garthwait
Buyer's Agent in 2023
Jeff Garthwait
Orono Realty Inc
(612) 598-5000
15 in this area
171 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6368763
APN: 35-119-22-41-0042
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