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320 Balsam Ave

New Richland, MN 56072

2 bd 1 ba 843 sqft Built 1900 Lot 7,405 sqft single_family
Most recent sale
$99,900
Dec 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2021 Sold $99,900 MLS #6106554
Sep 28, 2021 Listed $99,900 MLS #6106554

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $33,600 $750
2019 $33,600 $666
2018 $29,700 $624
2017 $28,700 $606
2016 $28,700 $584
2015 $28,100 $570
2014 $28,100 $532
2013 $29,700 $580
2012 $27,917 $4,683 $32,600 $516
2011 $25,114 $4,686 $29,800 $448
2010 $38,500 $8,000 $46,500 $450

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
843 sqft
Lot size
7,405 sqft
ZIP code
56072
City
New Richland
Street
Balsam Ave
Coordinates
43.89085, -93.48991

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$599
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 320 Balsam Ave last sell?
320 Balsam Ave most recently sold on Dec 27, 2021 for $99,900.
What is the current tax assessment for 320 Balsam Ave?
The most recent total assessment for 320 Balsam Ave (year 2020) is $33,600 with $750 in property tax.
How does 320 Balsam Ave's assessment compare to its last sale price?
The current assessment is 66.4% below the last sale price of $99,900.
When was 320 Balsam Ave built?
320 Balsam Ave was built in 1900.
How does 320 Balsam Ave compare to others on Balsam Ave?
We track 6 other properties on Balsam Ave. Browse the list under "Other properties on Balsam Ave" to compare beds, baths, and sale history.
What are the property facts for 320 Balsam Ave?
320 Balsam Ave is a 2 bed, 1 bath, 843 sqft, 7,405 sqft lot single_family.
Is 320 Balsam Ave a flip candidate?
No — 320 Balsam Ave does not appear in our flips dataset.
Is 320 Balsam Ave a tax-appeal candidate?
No — 320 Balsam Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.0%
2026 Q1
$219.2K
2026 Q2
$213.4K
ZIP 56072 — Median Price History + Forecast

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