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5220 Balsam Ln

Plymouth, MN 55442

3 bd 2 ba 1,679 sqft Built 1977 Lot 18,731 sqft single_family
Most recent sale
$375,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $375,000 MLS #6152239
Mar 11, 2022 Listed $369,900 MLS #6152239
May 13, 2015 Sold $168,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $316,420 $3,801
2024 $329,109 $3,799
2023 $326,820 $3,664
2022 $269,050 $3,200
2021 $251,610 $3,129
2020 $257,060 $3,635
2019 $236,350 $3,587
2018 $217,820 $3,068
2017 $158,960 $2,211
2016 $155,690 $2,202
2015 $166,240 $2,394
2014 $157,880 $2,432
2013 $154,223 $2,264
2012 $172,824 $2,405
2011 $116,700 $70,000 $186,700 $3,420
2010 $126,800 $70,000 $196,800 $3,338
2009 $130,300 $70,000 $200,300 $3,359
2008 $134,100 $70,000 $204,100 $3,411
2007 $134,100 $60,000 $194,100 $3,465

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,679 sqft
Lot size
18,731 sqft
ZIP code
55442
City
Plymouth
Street
Balsam Ln
Coordinates
45.05003, -93.42320

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,519
Gross rental yield
8.06%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 5220 Balsam Ln last sell?
5220 Balsam Ln most recently sold on May 3, 2022 for $375,000.
What is the current tax assessment for 5220 Balsam Ln?
The most recent total assessment for 5220 Balsam Ln (year 2025) is $316,420 with $3,801 in property tax.
How does 5220 Balsam Ln's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $375,000.
When was 5220 Balsam Ln built?
5220 Balsam Ln was built in 1977.
How does 5220 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 5220 Balsam Ln?
5220 Balsam Ln is a 3 bed, 2 bath, 1,679 sqft, 18,731 sqft lot single_family.
Is 5220 Balsam Ln a flip candidate?
No — 5220 Balsam Ln does not appear in our flips dataset.
Is 5220 Balsam Ln a tax-appeal candidate?
No — 5220 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
+3.3%
Implied 1-yr
+13.1%
2026 Q1
$1.14M
2026 Q2
$1.14M
ZIP 55442 — Median Price History + Forecast

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