450 Summit Ave
Balaton, MN 56115
3 bd 1 ba 1,307 sqft Built 1916 Lot 8,276 sqft single_family
Most recent sale
$28,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 28, 2022 | Sold | $28,000 | MLS #6235714 |
| Aug 12, 2022 | Listed | $30,000 | MLS #6235714 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $49,400 | $3,500 | $52,900 | $1,190 |
| 2025 | $49,400 | $3,500 | $52,900 | $1,188 |
| 2023 | $18,800 | $3,200 | $22,000 | $622 |
| 2022 | $15,200 | $3,200 | $18,400 | $564 |
| 2021 | $16,400 | $3,200 | $19,600 | $786 |
| 2020 | $16,400 | $3,200 | $19,600 | $572 |
| 2019 | $18,800 | $3,200 | $22,000 | $864 |
| 2018 | $12,200 | $3,200 | $15,400 | $306 |
| 2017 | $12,200 | $3,200 | $15,400 | $386 |
| 2016 | $12,200 | $3,200 | $15,400 | $306 |
| 2015 | $9,500 | $3,000 | $12,500 | $298 |
| 2014 | $9,800 | $3,000 | $12,800 | $282 |
| 2013 | $9,800 | $3,000 | $12,800 | $300 |
| 2012 | $9,800 | $3,000 | $12,800 | $326 |
| 2011 | $10,900 | $3,000 | $13,900 | $286 |
| 2010 | $10,900 | $3,000 | $13,900 | $246 |
| 2009 | $10,900 | $3,000 | $13,900 | $170 |
Property facts
Year built
1916
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,307 sqft
Lot size
8,276 sqft
ZIP code
56115
City
Balaton
Street
Summit Ave
Coordinates
44.23110, -95.87169
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$168
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 450 Summit Ave last sell?
450 Summit Ave most recently sold on Sep 28, 2022 for $28,000.
What is the current tax assessment for 450 Summit Ave?
The most recent total assessment for 450 Summit Ave (year 2026) is $52,900 with $1,190 in property tax.
How does 450 Summit Ave's assessment compare to its last sale price?
The current assessment is 88.9% above the last sale price of $28,000.
When was 450 Summit Ave built?
450 Summit Ave was built in 1916.
How does 450 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 450 Summit Ave?
450 Summit Ave is a 3 bed, 1 bath, 1,307 sqft, 8,276 sqft lot single_family.
Is 450 Summit Ave a flip candidate?
No — 450 Summit Ave does not appear in our flips dataset.
Is 450 Summit Ave a tax-appeal candidate?
No — 450 Summit Ave 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 Summit Ave