NOT LISTED FOR SALE

67 Balsam Ln Madison Lake, MN 56063

Estimated Value: $339,000 - $391,000

3 Beds
2 Baths
1,520 Sq Ft
$238/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $315,900 $208 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,001/month

35 Days on Market

Highlights

  • New Construction
  • Mud Room
  • 3 Car Attached Garage
  • Eagle Lake Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of April 2024

**Close to Completion Single Family New Construction** One level living! This slab on grade home features attached 3 car garage, open concept living room, dining and kitchen. Finishes include granite countertops, stainless steel appliances, pantry and tile backsplash in kitchen. Private primary suite with walk in shower and dual sinks w/quartz vanity tops, laundry/mud room off of garage entrance plus much more! Inquire about the 1% preferred lender incentive.

Last Agent to Sell the Property

Katyana Miller

Miller Real Estate Listed on: 02/09/2024

Last Buyer's Agent

Karry Meyer

Realty Executives Associates

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 71x142

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • No Interior Steps
  • Accessible Pathway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by PEKA HOMES LLC

Listing and Financial Details

  • Assessor Parcel Number 140526304017

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1520
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 1520
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Mud Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Primary Bedroom Walk-In Closet,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Mankato
  • SchoolDistrictPhone: 507-387-1868

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 71x142
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Builder License: 681738
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 140526304017
  • Tax Annual Amount: 548
  • TaxWithAssessments: 548.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 25, 2024
Sold by
Miller Homes Llc
Bought by
Elletson William and Ellotson Shirley
Seller's Agent
Katyana Miller
Miller Real Estate
Buyer's Agent
Karry Meyer
Realty Executives Associates
List Price
$315,900
Sold Price
$315,900
Views
24
Current Estimated Value
$361,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,333
Avg. Annual Appreciation
9.29%

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 31, 2023
Sold by
Dtre Llc
Bought by
Miller Homes Llc
Seller's Agent
Dan Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Katyana Miller
Miller Real Estate
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
893.60%
Original Mortgage
$288,000
Interest Rate
6.39%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Elletson William $315,900 --
Miller Homes Llc $360,000 --
-- $294,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Homes Llc $288,000
Closed -- $235,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2024 04/25/24 Sold $315,900 0.0% $208 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $315,900 +689.8% $208 / Sq Ft
05/31/2023 05/31/23 Sold $40,000 -11.1% -- View Prior Sale
04/19/2023 04/19/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $45,000 +53.1% --
12/31/2020 12/31/20 Sold $29,400 0.0% -- View Prior Sale
12/10/2020 12/10/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $29,400 -- --
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 $1,212 $367,700 $34,200 $333,500
2024 $1,212 $119,300 $34,000 $85,300
2023 $548 $30,600 $30,600 $0
2022 $566 $30,600 $30,600 $0
2021 $536 $30,600 $30,600 $0
2020 $518 $30,600 $30,600 $0
2019 $402 $30,600 $30,600 $0
2018 $390 $28,600 $28,600 $0
2017 $378 $28,600 $28,600 $0
2016 $368 $28,600 $28,600 $0
2015 $4 $28,600 $28,600 $0
2014 $358 $85,800 $85,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6487534

NorthstarMLS

APN: R14-05-26-304-017