734 221st St
Balaton, MN 56115
2 bd 1 ba 1,192 sqft Built 1952 Lot 165,092 sqft single_family
Most recent sale
$85,500
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 12, 2022 | Sold | $85,500 | MLS #6215087 |
| Jun 8, 2022 | Listed | $89,000 | MLS #6215087 |
| Mar 20, 2012 | Listing removed | $19,900 | LakeSuperiorAreaRealtors |
| Mar 7, 2012 | Sold | $16,500 | MLS #38241 |
| Jan 5, 2012 | Price changed | $19,900 | MLS #38241 |
| Dec 6, 2011 | Listed | $24,500 | MLS #38241 |
| Dec 4, 2011 | Listed | $19,900 | MLS #1032752 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $52,600 | $69,600 | $122,200 | $764 |
| 2025 | $45,200 | $69,600 | $114,800 | $706 |
| 2023 | $29,200 | $37,700 | $66,900 | $524 |
| 2022 | $25,700 | $37,700 | $63,400 | $464 |
| 2021 | $25,700 | $25,700 | $51,400 | $390 |
| 2020 | $25,700 | $25,700 | $51,400 | $356 |
| 2019 | $23,900 | $23,400 | $47,300 | $342 |
| 2018 | $23,900 | $23,400 | $47,300 | $334 |
| 2017 | $23,000 | $23,400 | $46,400 | $310 |
| 2016 | $22,000 | $23,400 | $45,400 | $304 |
| 2015 | $22,000 | $23,400 | $45,400 | $252 |
| 2014 | $21,300 | $23,400 | $44,700 | $272 |
| 2013 | $21,300 | $22,400 | $43,700 | $318 |
| 2012 | $20,400 | $22,400 | $42,800 | $260 |
| 2011 | — | — | $26,800 | $166 |
| 2010 | $24,300 | $19,600 | $43,900 | $130 |
| 2009 | — | — | $42,800 | $238 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,192 sqft
Lot size
165,092 sqft
ZIP code
56115
City
Balaton
Street
221st St
Coordinates
44.16800, -95.91682
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$513
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 734 221st St last sell?
734 221st St most recently sold on Jul 12, 2022 for $85,500.
What is the current tax assessment for 734 221st St?
The most recent total assessment for 734 221st St (year 2026) is $122,200 with $764 in property tax.
How does 734 221st St's assessment compare to its last sale price?
The current assessment is 42.9% above the last sale price of $85,500.
When was 734 221st St built?
734 221st St was built in 1952.
How does 734 221st St compare to others on 221st St?
We do not currently track other properties on 221st St.
What are the property facts for 734 221st St?
734 221st St is a 2 bed, 1 bath, 1,192 sqft, 165,092 sqft lot single_family.
Is 734 221st St a flip candidate?
No — 734 221st St does not appear in our flips dataset.
Is 734 221st St a tax-appeal candidate?
Yes — 734 221st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.4%
Implied 1-yr
-17.7%
2026 Q2
$75.8K
2026 Q3
$71.1K
ZIP 56115 — Median Price History + Forecast
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Geography