NOT LISTED FOR SALE

82 Balsam Cir Madison Lake, MN 56063

Estimated Value: $358,000 - $371,246

4 Beds
2 Baths
2,128 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $309,000 $145 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,290/month

6 Days on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Eagle Lake Elementary School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

This one owner home in Madison Lake truly has it all! Offering four bedrooms, two bathrooms, an open floor plan, a large family room with a walkout basement (and patio), a heated garage, a large lot, and a storage shed. All four bedrooms include spacious walk-in closets, and both the master bedroom and fourth bedroom downstairs connect to a full bathroom. The basement was finished in 2019 and the basement bathroom was done in 2020. Some other features you will notice include: stairway lighting, the tiled bathroom in lower level, solid 6-panel doors throughout, new a/c in 2022, and a new roof in 2020. This home won't last long! Schedule your showing today!

Last Agent to Sell the Property

Kelly Terrell

RE/MAX DYNAMIC AGENTS Listed on: 11/09/2022

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Darcy Weinandt

RE/MAX DYNAMIC AGENTS License #40809835

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,380

Year Built

  • 2015

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80x114x134x134

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding
  • Passive Radon Mitigation

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R14.05.26.304.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,380

Year Built

2015

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Balcony, Patio
  • Estimated Number of Acres: 0.3
  • Construction: Previously Owned
  • Foundation Size: 1128
  • L V T Date: 11/09/2022
  • Mechanicals: Water Softener-Owned, Sump Pump, Radon Mitigation-Passive
  • Parcel Number: R14.05.26.304.010
  • Stories: Bi-Level Split
  • Street Designation: Circle
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor Full Bath, Master Walk-Thru
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Kitchen, 10'8x14, On Level: Main
  • Room 2: Dining Room, 10.5x12, On Level: Main
  • Room 3: Living Room, 15x12, On Level: Main
  • Room 4: Master Bedroom, 11'10x12'4, On Level: Main
  • Room 5: Bedroom, 11'5x10'2, On Level: Main
  • Room 6: Family Room, 14'9x22'4, On Level: Basement
  • Room 7: 10'2x10, On Level: Basement
  • Room 8: Bedroom, 11'6x12, On Level: Basement
  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1128
  • Below Grade Finished Sq Ft: 1000
  • Tot Above Grade Sq Ft: 1128
  • Total Fin Square Footage: 2128
  • Total Square Footage: 2256
  • Tot Below Grade Sq Ft: 1128

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 80x114x134x134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 6, 2023
Sold by
Sward Roger and Sward Molly
Bought by
Schuerman Joshua
Seller's Agent
Kelly Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Darcy Weinandt
RE/MAX DYNAMIC AGENTS
List Price
$299,900
Sold Price
$309,000
Premium/Discount to List
$9,100
3.03%
Views
13
Current Estimated Value
$366,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,062
Avg. Annual Appreciation
6.22%
Original Mortgage
$240,000
Outstanding Balance
$232,550
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$133,512

Purchase Details

Closed on
Jul 21, 2015
Sold by
Mesenbrink Construction & Engi
Bought by
Sward Roger and Sward Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.05%
Mortgage Type
New Conventional
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
Schuerman Joshua $309,000 --
Sward Roger $28,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuerman Joshua $240,000
Previous Owner Sward Roger $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $309,000 +3.0% $145 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $299,900 -2.9% $141 / Sq Ft
11/09/2022 11/09/22 Off Market $309,000 -- --
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
2025 $4,380 $392,100 $33,100 $359,000
2024 $4,380 $334,100 $33,200 $300,900
2023 $3,530 $269,100 $33,200 $235,900
2022 $3,104 $239,300 $33,200 $206,100
2021 $2,970 $203,500 $33,200 $170,300
2020 $2,648 $189,200 $33,200 $156,000
2019 $2,430 $189,200 $33,200 $156,000
2018 $2,360 $171,600 $31,000 $140,600
2017 $1,940 $171,600 $31,000 $140,600
2016 $358 $145,500 $31,000 $114,500
2015 $4 $27,900 $27,900 $0
2014 $350 $83,700 $83,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031297

REALTOR® Association of Southern Minnesota

APN: R14-05-26-304-010