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5131 Balmoral Lane

5131 Balmoral Lane, Minneapolis, MN 55437
5131 Balmoral Lane is a condo located in West Bloomington, Minneapolis. The building was first built in 1982 and is 42 years old. In total, 5131 Balmoral Lane has a total floor area of 1,067 square feet. 5131 Balmoral Lane has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 122 days Meaning, listings tend to sell at a median of $164 price per square foot. The transaction that took the longest to complete was listed on May 22, 2020 for $175,000. This particular unit ultimately sold 122 days later for $175,000. The most recent transaction which was first advertised on May 22, 2020, sold for $175,000 on Sep 21, 2020. Fun fact, the oldest transaction we have on record took place on Sep 21, 2020. See the full transaction history for 5131 Balmoral Lane below.

West Bloomington, where 5131 Balmoral Lane is located, has a median asking price of $209,900 for condo buildings. Meanwhile, the building itself has a median asking price of $175,000. For interested buyers, that means the building's median asking price is around 0.17% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Stone Exterior
Vinyl Siding
Wood Exterior

Parking

Assigned Parking
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200522
05/22/2020
2 Bed
2 Bath
1067 ft²
$175,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1067 ft²
$175,000
09/21/2020
Christopher Okey

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,712
  • Total Building Area: 1,067
  • Gross Building Area: 1,067
  • Building Area: 1,067
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONDO NO 0271 MANOR HOMES OF NORMAN
  • Land Acres: 0.108
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CONDO NO 0271 MANOR HOMES OF NORMAN BLDG NO 16 UNIT NO 8 GAR UNIT NO 8 IRREGULAR

Ownership

  • Current Owner : KOENIG TRACY
  • Previous Owner : CHRISTIAN MELISSA M
  • Owner Before Previous Owner: ELIAS JOSE JUAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025704

Geography

  • Assessors Map Reference: MB:01375
  • District: 20
  • Parcel: 19-027-24-32-0223
  • Meridian: SEC 19 QTR 32 TWN 027 RNG 24
  • Municipality: BLOOMINGTON
  • Latitude: 44.8085
  • Longitude: -93.347

    Address

  • Full Address: 5131 Balmoral Ln
  • Legal Unit: 8,8
  • Address - House Number: 5131
  • Address - Street Name: Balmoral
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C025
  • 4-Digit Zip Code: 2868
  • Zip Code: 55437

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,164

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 184,908
  • High Value: 218,656
  • Low Value: 151,160

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $343,660
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2030
  • Second Open Lien Mortgage Lender: BELL BANK
  • Second Open Lien Mortgage Recording Date: Sep 21, 2020
  • Second Open Lien Mortgage Loan Amount: $171,830
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $166,800
  • Market Land Value: $50,700
  • Market Improvement Value: $116,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,800
  • Assessed Land Value: $50,700
  • Assessed Improvements Value: $116,100

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11789717949
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10841822
  • Previous Sale Recording Date: Feb 07, 2017
  • Previous Sale Contract Date: Jan 20, 2017
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MARKETPLACE HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Feb 07, 2017
  • Previous Mortgage Loan Amount: $137,902
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About West Bloomington



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Nearby Rentals

Unit for rent at 5308 Highpointe Dr., Bloomington, MN, 55437

$1,875 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,282 ft²
5308 Highpointe Dr. #5308 Highpointe Dr., Bloomington, MN, 55437 Listing by Manager
Unit for rent at 10801 France Ave S, Bloomington, MN, 55431

$1,275 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
10801 France Ave S #10801 France Ave S #1, Bloomington, MN, 55431 Listing by Manager

Frequently Asked Questions

What neighborhood is 5131 Balmoral Lane located in?
The 5131 Balmoral Lane is a condo located in the neighborhood of West Bloomington in West Bloomington, Minneapolis.
What is the average sales price for listings in 5131 Balmoral Lane?
The average sales price for units in 5131 Balmoral Lane is $175,000 , or $164/sqft. currently.

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