9 days on rocket

2055 Balsam Way, Lino Lakes, MN, 55038

$579,900

Home List Price

$6,886*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
3,035 SqFt
$191/SqFt
House

Location

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2055 Balsam Way, Lino Lakes$579,900

Buyer Closing Credits

$6,886*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage2 spaces
Year Built2020
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontPond
MLS #6632723
StatusActive

About 2055 Balsam Way

Like New Construction with All the Upgrades – 5 Bed, 4 Bath, Walkout Basement & More! This stunning home in a highly sought-after, newer development offers the best of both worlds: the appeal of new construction without the wait or added costs. With over 3000 sq. ft. of finished living space, this home is move-in ready and includes all the features you’ve been looking for, plus a one-of-a-kind location with one of the largest fenced-in yards in the development. Enjoy your spacious, maintenance free deck and poured patio, perfect for relaxing or entertaining. Inside, the open-concept floor plan features a beautiful kitchen, expansive living areas, and a flex room that can be customized to your needs – whether as a home office, playroom, or additional sitting area. Upstairs, the generous primary suite offers exceptional space, a large bathroom with a double sink and walk-in closet. Three of the four upstairs bedrooms feature walk-in closets. The fully finished walkout basement expands your living space with a large family room, additional bedroom, and 3/4 bath, providing plenty of room. This home is located in a vibrant community with tons of amenities, including basketball and pickleball courts, a fitness center, a Club House for social gatherings, a community dock, and more. You’ll love the sense of community and all the recreation options just steps from your door. This home is also located in the highly rated Centennial School District and allows for easy access to shopping, dining, and major highways. Why wait for new construction when you can have it all now? This home is a true gem, offering exceptional value with all the upgrades and space you need. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Living Area: 3,035 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 35E north, Take exit 123B for County Hwy 14 W, Turn right onto County Hwy 14/Main St, Turn right onto 21st Ave N, Turn left onto Crane Dr, Turn left onto Balsam Way, home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,900
  • Price Per SqFt: $191/SqFt

HOA Fees:

  • Amount: $159
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,005
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lino Lakes, MN.

Map thumbnail provided by MapBox

Lino Lakes, MN

City

Med. Sold Price

$450K

Med. Price/SqFt

$196

Avg. Days On Market

34

# of Sold Homes

14

2055 Balsam Way vs Lino Lakes

9 DAYS ON ROCKET

-25 Days

$579,900

+$129.9K More

$191/SqFt

-$5 Less

KEY TAKEAWAY

This property is $129.9K more than the Median Sold Price and $5/SqFt less than other homes in Lino Lakes, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6632723

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 12/11/2024, 4:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 2020Home Sold
$408,315

Tax History

YEARPROP. TAXASSESSMENT
2021$1,005$396,100

History based on county public records data.

Payment Calculator

$3,015

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1708697
6
/10

  • Centerville Elementary

  • 1721 Westview Ave

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-1708698
6
/10

  • Oneka Elementary School

  • 4888 Heritage Pkwy N

  • 1.60 miles

  • Public District Grades 2-5

school-card-donut-1708699
6
/10

  • Lino Lakes Elementary

  • 725 Main St

  • 3.86 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,565. Most Lino Lakes, MN residents have annual incomes between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2055 Balsam Way

What is the listing price of this property?

The listing price of 2055 Balsam Way property is $579,900.

What type of property is this?

The property 2055 Balsam Way is a house located in Lino Lakes, Minnesota, 55038.

Is this property for sale now?

Active Listing: 2055 Balsam Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,005 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 17, 2020 for $408,315. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2055 Balsam Way has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2055 Balsam Way is 3,035 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2055 Balsam Way is 2020.

Rocket Homes›Minnesota›Washington County›Lino Lakes›55038›2055 Balsam Way

This home is located at 2055 Balsam Way in Lino Lakes, MN and zip code 55038. This 3,035 square foot home was built in 2020. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $579,900.

Lino Lakes, MN housing market in November 2024 saw over 4 listings sold above listed price, more than 5 sold at listed price and over 5 sold below. Between October 2024 and November 2024, Lino Lakes, MN real estate market has seen decrease in the number of listings by 7.6%. Listings spent 34 days on the market in November 2024, and had a median list price of $450,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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