2054 Balsam Way
Lino Lakes, MN 55038
2 bd 2 ba 1,428 sqft Built 2022 Lot 17,424 sqft single_family
Most recent sale
$419,990
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 22, 2024 | Sold | $410,000 | NorthstarMLS |
| Jun 16, 2022 | Sold | $419,990 | MLS #6186983 |
| Jun 14, 2022 | Price changed | $419,990 | MLS #6186983 |
| Jun 8, 2022 | Price changed | $419,990 | MLS #20746541808 |
| Jun 3, 2022 | Price changed | $424,990 | MLS #20746541808 |
| Jun 2, 2022 | Price changed | $424,990 | MLS #6186983 |
| May 18, 2022 | Price changed | $429,990 | MLS #20746541808 |
| May 11, 2022 | Price changed | $429,990 | MLS #6186983 |
| Apr 28, 2022 | Listed | $435,990 | MLS #6186983 |
| Apr 23, 2022 | Price changed | $435,965 | MLS #20746541808 |
| Apr 22, 2022 | Listed | $431,965 | MLS #20746541808 |
| Apr 19, 2022 | Listed | $429,965 | MLS #6181689 |
| Mar 26, 2022 | Listed | $399,990 | MLS #6169826 |
| Nov 14, 2021 | Listed | $399,990 | MLS #6122296 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | — | — | $411,032 | $5,193 |
| 2025 | — | — | $393,810 | $4,747 |
| 2023 | $169,000 | $98,000 | $267,000 | $3,087 |
| 2022 | — | — | $61,100 | $1,474 |
| 2021 | — | $60,900 | $60,900 | $894 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,428 sqft
Lot size
17,424 sqft
ZIP code
55038
City
Lino Lakes
Street
Balsam Way
Coordinates
45.16883, -93.03804
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
$2,142
Gross rental yield
6.12%
Implied cap rate
3.98%
Trend-extrapolated value
—
Frequently asked questions
When did 2054 Balsam Way last sell?
2054 Balsam Way most recently sold on Jun 16, 2022 for $419,990.
What is the current tax assessment for 2054 Balsam Way?
The most recent total assessment for 2054 Balsam Way (year 2026) is $411,032 with $5,193 in property tax.
How does 2054 Balsam Way's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $419,990.
When was 2054 Balsam Way built?
2054 Balsam Way was built in 2022.
How does 2054 Balsam Way compare to others on Balsam Way?
We track 8 other properties on Balsam Way. Browse the list under "Other properties on Balsam Way" to compare beds, baths, and sale history.
What are the property facts for 2054 Balsam Way?
2054 Balsam Way is a 2 bed, 2 bath, 1,428 sqft, 17,424 sqft lot single_family.
Is 2054 Balsam Way a flip candidate?
No — 2054 Balsam Way does not appear in our flips dataset.
Is 2054 Balsam Way a tax-appeal candidate?
No — 2054 Balsam Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$542.8K
2026 Q4
$533.4K
ZIP 55038 — Median Price History + Forecast
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Geography
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