68 Balsam Cir
Madison Lake, MN 56063
4 bd 3 ba 2,506 sqft Built 2011 Lot 13,939 sqft single_family
Most recent sale
$365,000
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2025 | Sold | $405,000 | NorthstarMLS |
| May 22, 2025 | Listed | $389,000 | NorthstarMLS |
| May 13, 2022 | Sold | $365,000 | MLS #6184534 |
| Apr 29, 2022 | Listed | $339,900 | MLS #7029580 |
| Apr 25, 2022 | Listed | $339,900 | MLS #6184534 |
| Aug 20, 2013 | Sold | $215,100 | Public Record |
| Feb 13, 2012 | Sold | $215,000 | Public Record |
| Jul 8, 2010 | Sold | $25,000 | MLS #117135 |
| Jun 17, 2010 | Relisted | $27,600 | MLS #117135 |
| Jun 15, 2010 | Listing removed | $27,600 | Mankato |
| Jun 27, 2008 | Listed | $27,600 | MLS #117135 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $268,700 | $3,438 |
| 2019 | — | — | $244,100 | $3,054 |
| 2018 | — | — | $213,800 | $2,968 |
| 2017 | $180,100 | $33,700 | $213,800 | $2,652 |
| 2016 | $164,000 | $33,300 | $197,300 | $2,534 |
| 2015 | $160,100 | $33,200 | $193,300 | $2,276 |
| 2014 | $142,200 | $32,600 | $174,800 | $2,298 |
| 2013 | $143,800 | $32,700 | $176,500 | $1,744 |
| 2012 | $87,500 | $36,300 | $123,800 | $390 |
| 2011 | — | $28,000 | $28,000 | $360 |
| 2009 | — | $46,700 | $46,700 | $270 |
Property facts
Year built
2011
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,506 sqft
Lot size
13,939 sqft
ZIP code
56063
City
Madison Lake
Street
Balsam Cir
Coordinates
44.21620, -93.80426
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
$3,759
Gross rental yield
12.36%
Implied cap rate
8.03%
Trend-extrapolated value
—
Frequently asked questions
When did 68 Balsam Cir last sell?
68 Balsam Cir most recently sold on May 13, 2022 for $365,000.
What is the current tax assessment for 68 Balsam Cir?
The most recent total assessment for 68 Balsam Cir (year 2020) is $268,700 with $3,438 in property tax.
How does 68 Balsam Cir's assessment compare to its last sale price?
The current assessment is 26.4% below the last sale price of $365,000.
When was 68 Balsam Cir built?
68 Balsam Cir was built in 2011.
How does 68 Balsam Cir compare to others on Balsam Cir?
We track 7 other properties on Balsam Cir. Browse the list under "Other properties on Balsam Cir" to compare beds, baths, and sale history.
What are the property facts for 68 Balsam Cir?
68 Balsam Cir is a 4 bed, 3 bath, 2,506 sqft, 13,939 sqft lot single_family.
Is 68 Balsam Cir a flip candidate?
No — 68 Balsam Cir does not appear in our flips dataset.
Is 68 Balsam Cir a tax-appeal candidate?
No — 68 Balsam Cir is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q1
$333.7K
2026 Q2
$321.6K
ZIP 56063 — Median Price History + Forecast
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Geography
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