NOT LISTED FOR SALE

72 Balsam Cir Madison Lake, MN 56063

Estimated Value: $349,000 - $367,375

4 Beds
2 Baths
1,890 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2025

Last sale price $358,000 $189 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,312 / mo

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Eagle Lake Elementary School Rated A-
  • 2 Car Attached Garage
  • Water Softener is Owned

About This Home

As of May 2025

Move-in ready, this beautiful 4-bedroom, 2-bath home was completely updated in 2022. Kitchen contains black matte appliances, quartz countertops and island, tiled backsplash and and large apron sink. Dining and living area with additional custom cabinetry, leaves no shortage of storage. Upper level contains 2 bedrooms with one attached to a lovely full bathroom. Lower level offers two additional bedrooms, family room, laundry/utility room with W/D new in 2023 as well as a bathroom with custom tiled walk-in shower. Garage is squeaky clean, heated and has a professionally applied epoxy floor. Large storage shed added in 2022 for all your lawn and garden essentials. Landscaping was re-graded and continuous concrete edging added in 2022. Steel siding, large yard and newer roof (replaced in 2020 due to hail damage). Quick access to state trail. Madison Lake is surrounded by several popular recreational lakes and is a golf-cart friendly community.
*Sellers are licensed realtors in the State of MN.

Last Agent to Sell the Property

Tana Stoufer

Realty Executives Associates Brokerage Email: Tanastoufer@gmail.com Listed on: 05/01/2025

Realty Executives Associates

Last Buyer's Agent

Brittany Krueger

Edina Realty, Inc.

Edina Realty, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 2010

Lot Details

  • 0.34

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Poured Concrete
  • Frame Construction
  • Steel Siding

Interior Spaces

  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Ceilings are 8+ Feet High
  • Sump Pump
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Deck
  • Lot Dimensions are 86x190x90x161

Community Details

  • No Home Owners Association
  • The Pines Third Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number R140526304012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,848

Year Built

Built in 2010

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Steel Siding
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: Tanastoufer@gmail.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: 8 ft+ Pour, Egress Window(s), Finished, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1890
  • Fireplace: No
  • Below Grade Finished Sq Ft: 850
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Foundation Details: 8 ft+ Pour
  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Kitchen Center Island, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • Junior High Dist: Mankato
  • SchoolDistrictPhone: 5073871868

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 86x190x90x161
  • Land Lease: No
  • Lot Features: Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Concrete, Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: R140526304012
  • Tax Annual Amount: 3848
  • TaxWithAssessments: 3868

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 19, 2025
Sold by
Bought by
Seller's Agent
Tana Stoufer
Realty Executives Associates
Buyer's Agent
Brittany Krueger
Edina Realty, Inc.
List Price
$349,900
Sold Price
$358,000
Premium/Discount to List
$8,100
2.31%
Views
5
Current Estimated Value
$353,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,156
Avg. Annual Appreciation
-0.92%
Original Mortgage
$340,100
Outstanding Balance
$336,079
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$17,765

Purchase Details

Listed on
Aug 20, 2018
Closed on
Nov 8, 2018
Sold by
Bought by
Seller's Agent
Kevin Sharkey
CENTURY 21 ATWOOD
Buyer's Agent
Cheryl Krengel
JBEAL REAL ESTATE GROUP
List Price
$240,000
Sold Price
$229,000
Premium/Discount to List
-$11,000
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$224,852
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2013
Closed on
Nov 18, 2013
Sold by
Bought by
Seller's Agent
Kevin Sharkey
CENTURY 21 ATWOOD
Buyer's Agent
MARY WOLFE
CENTURY 21 ATWOOD
List Price
$209,000
Sold Price
$175,900
Premium/Discount to List
-$33,100
-15.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$158,300
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2010
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$358,000 Stewart Title Company
$229,000 Stewart Title
$175,900 --
$162,300 --
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,100
Previous Owner $200,000
Previous Owner $5,989
Previous Owner $225,933
Previous Owner $224,852
Previous Owner $157,550
Previous Owner $158,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2025 05/19/25 Sold $358,000 +2.3% $189 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $349,900 +37.2% $185 / Sq Ft
10/06/2021 10/06/21 Sold $255,000 -3.8% $128 / Sq Ft View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $265,000 -5.4% $133 / Sq Ft
07/28/2021 07/28/21 Price Changed $280,000 -3.4% $140 / Sq Ft
07/21/2021 07/21/21 For Sale $289,900 +13.7% $145 / Sq Ft
07/18/2021 07/18/21 Off Market $255,000 -- --
11/08/2018 11/08/18 Sold $229,000 0.0% $114 / Sq Ft View Prior Sale
10/30/2018 10/30/18 Price Changed $229,000 +0.7% $114 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
09/12/2018 09/12/18 Price Changed $227,500 -5.2% $113 / Sq Ft
08/20/2018 08/20/18 For Sale $240,000 +36.4% $120 / Sq Ft
11/18/2013 11/18/13 Sold $175,900 -15.8% $86 / Sq Ft View Prior Sale
10/28/2013 10/28/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $209,000 -- $102 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,454 $307,100 $36,300 $270,800
2025 $4,454 $339,500 $36,000 $303,500
2024 $3,868 $299,400 $36,000 $263,400
2023 $3,362 $271,300 $36,000 $235,300
2022 $2,890 $241,600 $36,000 $205,600
2021 $2,762 $205,900 $36,000 $169,900
2020 $2,432 $190,900 $36,000 $154,900
2019 $2,364 $190,900 $36,000 $154,900
2018 $2,300 $184,700 $33,600 $151,100
2017 $2,050 $184,700 $33,600 $151,100
2016 $1,958 $173,000 $33,600 $139,400
2015 $18 $170,000 $33,600 $136,400
2014 -- $474,300 $100,800 $373,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6712814

NorthstarMLS

APN: R14-05-26-304-012

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