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2055 Balsam Way, Lino Lakes, MN, 55038

$584,900

Home List Price

$6,946*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
3,035 SqFt
$193/SqFt
House

Location

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2055 Balsam Way, Lino Lakes$584,900

Buyer Closing Credits

$6,946*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage, Storage
Attached Garage2 spaces
Year Built2020
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6597931
StatusActive

About 2055 Balsam Way

Move-in ready 5BR, 4BA home with gorgeous, fenced yard with water & nature views. Convenient to shopping, walking paths, clubhouse w/ workout room, party room, playground & pickleball courts. The front porch allows for cozy coffee conversations. Enter the home and immediately see the flex room/office w/glass french doors. Walk into the open and bright living Room, DR, kitchen w/ quartz counters, white enameled cabinets, black stainless appliances, gas range, island with breakfast bar, a large deck w/ stairs to access your backyard, & is great for all of your outdoor entertaining needs. A 1/2 bath, mud room, and walk-in closet complete the main level entering from the garage. The upper level has 4 bedrooms, full guest bath w/ 2 sinks, laundry room, private master suite w/ large shower, walk-in closet, and comfort height double sinks. The lower-level walkout has an expansive family room, 3/4 bath, bedroom, and a lovely cement patio. Dry Patio has a gutter system. Award Winning Centennial School District.

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

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Few Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Centennial High School, Public District Grades 9-12
  • Centennial Middle School, Public District Grades 6-8
  • Centerville Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: 35E N to County HWY 14 W take right into Main St, take Right into 21st Ave N, left on Crane Dr, Left on Balsam Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $584,900
  • Price Per SqFt: $193/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.

Med. Sold Price

$450K

Med. Price/SqFt

$196

Avg. Days On Market

33

# of Sold Homes

23

2055 Balsam Way vs Lino Lakes

56 DAYS ON ROCKET

+23 Days

$584,900

+$134.9K More

$193/SqFt

-$3 Less

KEY TAKEAWAY

This property is $134.9K more than the Median Sold Price and $3/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: #6597931

Listing Office:

  • Office Name: eXp Realty

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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

$3,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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.

Elementary School

school-card-donut-96717
6
/10
  • Centerville Elementary

  • 1721 Westview Ave

  • 0.84 miles

  • Public District Grades KG-5

Middle School

school-card-donut-96718
6
/10
  • Centennial Middle School

  • 399 Elm St

  • 4.15 miles

  • Public District Grades 6-8

High School

school-card-donut-96719
8
/10
  • Centennial High School

  • 4757 North Rd

  • 5.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,565. The most common annual income of people living in Lino Lakes, MN is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

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 $584,900.

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 are the assigned schools for this property?

The assigned schools for 2055 Balsam Way are:
Centerville Elementary: GreatSchools Rating 6/10
Centennial Middle School: GreatSchools Rating 6/10
Centennial High School: GreatSchools Rating 8/10

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 September 11, 2024 and is currently priced at $584,900.

While more than 7 listings in Lino Lakes, MN in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 9 were sold below. The inventory of homes for sale in Lino Lakes, MN between September 2024 and October 2024 increased by 17.9%. Listings spent 33 days on the market in October 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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