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315 Balsam Ln

Plymouth, MN 55441

5 bd 3 ba 3,257 sqft Built 1963 Lot 41,382 sqft single_family
Most recent sale
$511,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $511,000 MLS #6145373
Jan 28, 2022 Listed $500,000 MLS #6145373
Jan 22, 1999 Sold $100,000 Public Record
Sep 8, 1995 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $322,600 $187,000 $509,600 $6,909
2024 $324,600 $178,200 $502,800 $6,648
2023 $317,000 $187,000 $504,000 $5,510
2022 $269,000 $160,000 $429,000 $5,499
2021 $258,000 $157,000 $415,000 $5,310
2020 $386,770 $5,119
2019 $289,760 $3,923
2018 $262,510 $3,411
2017 $250,520 $3,222
2016 $250,520 $3,321
2015 $235,914 $3,209
2014 $240,165 $3,352
2013 $245,397 $3,381
2012 $266,870 $3,562
2011 $171,400 $135,000 $306,400 $3,764
2010 $187,800 $155,000 $342,800 $4,356
2009 $210,200 $155,000 $365,200 $4,456
2008 $221,400 $155,000 $376,400 $4,418
2007 $221,400 $130,000 $351,400 $4,212

Property facts

Year built
1963
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,257 sqft
Lot size
41,382 sqft
ZIP code
55441
City
Plymouth
Street
Balsam Ln
Coordinates
44.98305, -93.42404

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,886
Gross rental yield
11.47%
Implied cap rate
7.46%
Trend-extrapolated value

Frequently asked questions

When did 315 Balsam Ln last sell?
315 Balsam Ln most recently sold on Mar 15, 2022 for $511,000.
What is the current tax assessment for 315 Balsam Ln?
The most recent total assessment for 315 Balsam Ln (year 2025) is $509,600 with $6,909 in property tax.
How does 315 Balsam Ln's assessment compare to its last sale price?
The current assessment is 0.3% below the last sale price of $511,000.
When was 315 Balsam Ln built?
315 Balsam Ln was built in 1963.
How does 315 Balsam Ln compare to others on Balsam Ln?
We track 8 other properties on Balsam Ln. Browse the list under "Other properties on Balsam Ln" to compare beds, baths, and sale history.
What are the property facts for 315 Balsam Ln?
315 Balsam Ln is a 5 bed, 3 bath, 3,257 sqft, 41,382 sqft lot single_family.
Is 315 Balsam Ln a flip candidate?
No — 315 Balsam Ln does not appear in our flips dataset.
Is 315 Balsam Ln a tax-appeal candidate?
No — 315 Balsam Ln 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
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$563.7K
2026 Q4
$562.7K
ZIP 55441 — Median Price History + Forecast

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