231 2nd St
Balaton, MN 56115
2 bd 1 ba 916 sqft Built 1950 Lot 11,979 sqft single_family
Most recent sale
$68,000
Feb 20, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 20, 2024 | Sold | $68,000 | NorthstarMLS |
| Jan 5, 2024 | Listed | $65,000 | NorthstarMLS |
| Dec 18, 2020 | Sold | $41,900 | NorthstarMLS |
| Feb 11, 2020 | Listed | $45,000 | NorthstarMLS |
| Feb 24, 2019 | Listing removed | $52,500 | NorthstarMLS |
| Feb 23, 2019 | Listing removed | $52,500 | NorthstarMLS |
| Jun 12, 2015 | Listing removed | $52,500 | Willmar |
| Oct 10, 2014 | Price changed | $52,500 | Willmar |
| Jun 2, 2014 | Price changed | $59,500 | Willmar |
| Nov 4, 2013 | Listed | $52,500 | NorthstarMLS |
| Jun 1, 2002 | Sold | $24,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $53,100 | $4,200 | $57,300 | $1,284 |
| 2022 | — | — | $21,060 | $670 |
| 2021 | $33,600 | $4,000 | $37,600 | $1,058 |
| 2020 | $39,100 | $4,000 | $43,100 | $1,074 |
| 2019 | $36,200 | $4,000 | $40,200 | $990 |
| 2018 | $36,200 | $4,000 | $40,200 | $996 |
| 2017 | $36,200 | $4,000 | $40,200 | $982 |
| 2016 | $35,000 | $3,900 | $38,900 | $918 |
| 2015 | $36,100 | $3,900 | $40,000 | $900 |
| 2014 | $36,100 | $3,900 | $40,000 | $852 |
| 2013 | $36,100 | $3,900 | $40,000 | $874 |
| 2012 | — | — | $24,100 | $584 |
| 2011 | $36,400 | $3,900 | $40,300 | $608 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
916 sqft
Lot size
11,979 sqft
ZIP code
56115
City
Balaton
Street
2nd St
Coordinates
44.23599, -95.86997
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$408
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 231 2nd St last sell?
231 2nd St most recently sold on Feb 20, 2024 for $68,000.
What is the current tax assessment for 231 2nd St?
The most recent total assessment for 231 2nd St (year 2026) is $57,300 with $1,284 in property tax.
How does 231 2nd St's assessment compare to its last sale price?
The current assessment is 15.7% below the last sale price of $68,000.
When was 231 2nd St built?
231 2nd St was built in 1950.
How does 231 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 231 2nd St?
231 2nd St is a 2 bed, 1 bath, 916 sqft, 11,979 sqft lot single_family.
Is 231 2nd St a flip candidate?
No — 231 2nd St does not appear in our flips dataset.
Is 231 2nd St a tax-appeal candidate?
No — 231 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+11.1%
Implied 1-yr
+44.5%
2026 Q2
$201.1K
2026 Q3
$214.1K
ZIP 56115 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St