NOT LISTED FOR SALE

7038 Balsam Ln N Maple Grove, MN 55369

Estimated Value: $561,589 - $655,000

5 Beds
2.5 Baths
2,828 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $353,000 $125 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,791/month

12 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Cedar Island Elementary School Rated 9+
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of September 2012

Perfect family home in a convenient SW Maple Grove location. Close to schools, parks & Arbor Lakes. Many updates including; granite/SS kit, front bay window, newer roof, neutral decor. Beautiful fenced yard w/2 tiered deck on a quiet cul de sac.

Last Agent to Sell the Property

Nancy Applebaum

Edina Realty, Inc. Listed on: 07/11/2012

Last Buyer's Agent

David Long

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1990

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom Rough-In
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2611922440076

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,241

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.51
  • Construction: Previously Owned
  • Foundation Size: 1318
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 2611922440076
  • Projected Closed Date: 09/14/2012
  • Stories: 2 Story
  • Taxes With Assessments: 4241
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Rough In, Separate Tub & Shower
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 19x13, On Level: Main
  • Room 2: Dining Room, 14x11, On Level: Main
  • Room 3: Family Room, 22x16, On Level: Main
  • Room 4: Kitchen, 14x10, On Level: Main
  • Room 5: Bedroom, 16x12, On Level: Upper
  • Room 6: Bedroom, 15x11, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 8: Bedroom, 14x12, On Level: Lower
  • Room 9: Bedroom, 14x12, On Level: Lower
  • Room 10: Rec Room, 24x14, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2174
  • Below Grade Finished Sq Ft: 654
  • Total Fin Square Footage: 2828

Exterior Features

  • Exterior: Brick, Fiber Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: W 83X138X1
  • Lot/Land Description: Cul De Sac

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2012
  • Tax Value: 4241

MLS Schools

  • School District: Osseo #279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Sep 14, 2012
Sold by
Elfenbein Barbara and Elfenbein Mickey
Bought by
Anderson Kevin and Anderson Lisa
Seller's Agent
Nancy Applebaum
Edina Realty, Inc.
Buyer's Agent
David Long
Edina Realty, Inc.
List Price
$349,900
Sold Price
$353,000
Premium/Discount to List
$3,100
0.89%
Current Estimated Value
$610,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,897
Avg. Annual Appreciation
4.30%
Original Mortgage
$335,350
Outstanding Balance
$232,048
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$378,849

Purchase Details

Closed on
Aug 18, 2003
Sold by
Westlund Richard C and Westlund Leah M
Bought by
Elfenbein Mickey and Elfenbein Barbara
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
Anderson Kevin $353,000 Edina Realty Title Inc
Elfenbein Mickey $341,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Kevin $335,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $353,000 +0.9% $125 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $349,900 -- $124 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $6,778 $511,400 $132,000 $379,400
2023 $5,880 $456,700 $84,000 $372,700
2022 $5,003 $472,300 $91,600 $380,700
2021 $4,764 $411,600 $89,800 $321,800
2020 $4,774 $385,600 $71,600 $314,000
2019 $4,820 $370,500 $71,300 $299,200
2018 $4,749 $354,300 $72,500 $281,800
2017 $4,700 $327,500 $69,000 $258,500
2016 $4,771 $327,400 $79,000 $248,400
2015 $4,798 $320,700 $79,000 $241,700
2014 -- $298,900 $81,000 $217,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nancy Applebaum

    Edina Realty, Inc.

  • D

    Buyer's Agent in 2012

    David Long

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4344476

REALTOR® Association of Southern Minnesota

APN: 26-119-22-44-0076

Minnesota Hennepin County Maple Grove 55369

7038 Balsam Ln N, Maple Grove, MN

This home is located at 7038 Balsam Ln N, Maple Grove, MN 55369 since 11 July 2012 and is currently estimated at $610,897, approximately $216 per square foot. This property was built in 1990. 7038 Balsam Ln N is a home located in Hennepin County with nearby schools including Cedar Island Elementary School, Maple Grove Middle School, and Osseo Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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