885 Balsam Blvd
Detroit Lakes, MN 56501
3 bd 2 ba 2,340 sqft Built 2012 Lot 14,810 sqft single_family
Most recent sale
$395,000
Mar 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 28, 2022 | Sold | $395,000 | MLS #20-35354 |
| May 7, 2021 | Sold | $380,000 | MLS #20-33027 |
| Mar 1, 2019 | Sold | $320,000 | MLS #20-20835 |
| Jan 22, 2019 | Relisted | $329,000 | MLS #20-20835 |
| Jan 9, 2019 | Relisted | $329,000 | MLS #20-20835 |
| Jul 11, 2018 | Relisted | $329,000 | MLS #20-20835 |
| Jun 20, 2018 | Listing removed | $339,900 | LakeRegionMN |
| Jun 20, 2018 | Listed | $339,900 | MLS #20-20835 |
| Mar 19, 2018 | Price changed | $339,900 | MLS #20-20835 |
| Oct 19, 2017 | Listed | $354,900 | MLS #20-20835 |
| Sep 5, 2017 | Listing removed | $354,900 | DetroitLakes |
| Jul 3, 2014 | Sold | $371,848 | Public Record |
| May 7, 2014 | Listing removed | $369,900 | DetroitLakes |
| Apr 17, 2014 | Listed | $369,900 | MLS #84-520 |
| Nov 17, 2009 | Sold | $47,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $434,800 | $40,400 | $475,200 | $4,570 |
| 2023 | $405,600 | $36,100 | $441,700 | $4,548 |
| 2020 | — | — | $403,800 | $5,124 |
| 2019 | — | — | $385,500 | $5,058 |
| 2018 | $330,700 | $31,700 | $362,400 | $4,494 |
| 2017 | — | — | $350,100 | $3,704 |
| 2016 | — | — | $254,800 | $4,446 |
| 2015 | — | — | $334,400 | $4,154 |
| 2014 | — | — | $297,600 | $4,100 |
| 2013 | $264,200 | $30,200 | $294,400 | $1,158 |
| 2012 | — | — | $14,100 | $1,428 |
| 2011 | — | $33,000 | $33,000 | $1,388 |
| 2009 | — | $37,900 | $37,900 | $252 |
| 2007 | — | $37,862 | $37,862 | $64 |
Property facts
Year built
2012
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,340 sqft
Lot size
14,810 sqft
ZIP code
56501
City
Detroit Lakes
Street
Balsam Blvd
Coordinates
46.76887, -95.83222
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,510
Gross rental yield
10.66%
Implied cap rate
6.93%
Trend-extrapolated value
—
Frequently asked questions
When did 885 Balsam Blvd last sell?
885 Balsam Blvd most recently sold on Mar 28, 2022 for $395,000.
What is the current tax assessment for 885 Balsam Blvd?
The most recent total assessment for 885 Balsam Blvd (year 2024) is $475,200 with $4,570 in property tax.
How does 885 Balsam Blvd's assessment compare to its last sale price?
The current assessment is 20.3% above the last sale price of $395,000.
When was 885 Balsam Blvd built?
885 Balsam Blvd was built in 2012.
How does 885 Balsam Blvd compare to others on Balsam Blvd?
We track 1 other property on Balsam Blvd. Browse the list under "Other properties on Balsam Blvd" to compare beds, baths, and sale history.
What are the property facts for 885 Balsam Blvd?
885 Balsam Blvd is a 3 bed, 2 bath, 2,340 sqft, 14,810 sqft lot single_family.
Is 885 Balsam Blvd a flip candidate?
No — 885 Balsam Blvd does not appear in our flips dataset.
Is 885 Balsam Blvd a tax-appeal candidate?
Yes — 885 Balsam Blvd 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$397K
2026 Q4
$397K
ZIP 56501 — Median Price History + Forecast
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Geography
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