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8118 Balsam Lane North

8118 Balsam Lane North, Osseo, MN 55369
Property in Maple Grove
Sold Jan 03, 2020
$340,663
$272,530 by United Wholesale Mortgage
Mortgage Due Jan 01, 2050
Sold Feb 07, 2019
$621,127
8118 Balsam Lane North in Osseo, MN was first built in 2019 and is 5 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 3,049 square feet.

Learn more about the property and building on this page. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. The property was last sold in Dec 16, 2019 for $340,663. Prior to that sales transaction, the property was also sold in Feb 7, 2019 for $621,127. 8118 Balsam Lane North was last assessed in 2022. The total value of the property was assessed at $416,500. Specifically, the land the property is located on was valued at $59,500. While improvements on the property were assessed at a total of $357,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,740. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 930
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DONEGAL SOUTH
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 001 002 DONEGAL SOUTH NW28X93X36X92

Ownership

  • Current Owner : JIANG HUIQIN
  • Previous Owner : WEEKLEY HOMES LLC
  • Owner Before Previous Owner: DRP MN 1 LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Osseo Public School District
  • School Tax School District: OSSEO
  • Census Tract: 026724

Geography

  • Assessors Map Reference: MB:10566
  • District: 76
  • Parcel: 23-119-22-14-0100
  • Block: 2
  • Lot: 1
  • Meridian: SEC 23 QTR 14 TWN 119 RNG 22
  • Municipality: MAPLE GROVE
  • Latitude: 45.1026
  • Longitude: -93.4263

    Address

  • Full Address: 8118 Balsam Ln N
  • Address - House Number: 8118
  • Street Segment Direction: N
  • Address - Street Name: Balsam
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Maple Grove
  • Carrier Code: R017
  • 4-Digit Zip Code: 6124
  • Zip Code: 55369

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,740

    Appraisal Valuation

  • Standard Deviation: 0.1147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 429,714
  • High Value: 479,036
  • Low Value: 380,391

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,530
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 03, 2020
  • First Open Lien Mortgage Loan Amount: $272,530
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $416,500
  • Market Land Value: $59,500
  • Market Improvement Value: $357,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $416,500
  • Assessed Land Value: $59,500
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Contract Date: Dec 16, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11713457924
  • Current Sale Price: $340,663
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10742319
  • Previous Sale Recording Date: Feb 07, 2019
  • Previous Sale Contract Date: Feb 07, 2019
  • Previous Sale Amount: $621,127
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 03, 2020
  • First Mortgage Loan Amount: $272,530
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Brooklyn Park - Maple Grove



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Nearby Rentals

Unit for rent at 10414 Valley Forge Lane N, Maple Grove, MN, 55369

$2,995 /mo

  • 4 Beds
  • 2 Baths
  • 2,187 ft²
10414 Valley Forge Lane N, Maple Grove, MN, 55369 Listing by Charity Ashpole

Frequently Asked Questions

What neighborhood is 8118 Balsam Lane North located in?
The 8118 Balsam Lane North is a located in the neighborhood of Maple Grove in Brooklyn Park - Maple Grove, Osseo.
What is the average sales price for listings in 8118 Balsam Lane North?
The average sales price for units in 8118 Balsam Lane North is $0 currently.

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