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Sold for $274,500
  • $274,500

    13 Balsam Ave SW, Menahga, MN 56464

    4beds
    1,926sqft
    SingleFamily
    Built in 1901
    0.34 Acres Lot
    $287,400 Zestimate®
    $143/sqft
    $2,051 Estimated rent

    Home value

    $287,400

    $264,000 - $310,000

    $2,051/mo

    Zestimate® history
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    $1,706/mo

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    $1,706/mo

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    What's special

    Brand new master suiteNew vinyl plank flooringOpen conceptNew tiled corner showerNew vinyl windowsNew gas wall furnaceTranquil beauty of sunsets
    (Realtor Incentive) This property awaits an owner who loves the tranquil beauty of sunsets, the northern lights, and the abundance of recreation offered. Swimming, boating, fishing, ice fishing, ice skating and the beach all abound at the end of the block on this quiet road. Spirit Lake’s beach, park, and public boat access are all just steps away from this home. And this property includes an abundance of parking for boats, an rv, and other recreational vehicles. This property is a 3 Bed, 2 Bath with an income producing 1 Bed, 1 Bath mother-in-law suite (with its own kitchen). Home was completely remodeled in 2024. There are too many updates and upgrades to list them all, but here are some: The brand new board and batten and cedar shake siding is being updated now (Will be completed by January.). The 3 Bed, 2 Bath main home has been completely remodeled and one of the bathrooms was added in the remodel. New front door. New vinyl plank flooring throughout. Freshly painted throughout. All light fixtures updated throughout! New stainless steel kitchen appliances, new raised panel kitchen cabinets with copper hardware, new white solid concrete countertops, hammered copper sink, new copper bridge kitchen faucet, and garbage disposal. Kitchen, living room, and front bedroom opened up to create an open concept. Removed a wall and expanded the kitchen to include a dining area. Added french doors to front bedroom (use as an office, bedroom, or formal dining room). Added a brand new master suite, adding a master bathroom, and expanding the master bedroom to make it larger. The master bath has a new 60" double vanity, new faucets and light fixture, new tiled tub/shower surround, new toilet, and 9' wood ceilings. The hall bath has been completely reconfigured with a new tiled corner shower with a new modern glass surround, new toilet, new vanity, and a new light fixture. All sink and shower systems in both bathrooms are brand new. Part of the house had a flat roof and low ceilings. The roof was removed and pitched to 4/12, and the ceilings were raised in those areas of the home with wood ceilings being added. Newer HVAC system was installed, including central air and all new ductwork. New gas meter and electrical service were added to separate the utilities. The electrical work was done by a licensed electrician. Updated original windows with new vinyl windows throughout. Added hookups for a stackable washer and dryer. Updated and replaced most of the plumbing system in the main part of the house, replaced the drain system, and added new PEX water lines. Mother-in-law suite was completely remodeled in 2023, and a new gas wall furnace was installed in 2024. The mother-in-law suite is currently rented by a long term tenant that is month to month. Utilities have been separated, with tenant paying own utilities. Mother-in-law suite generates $670 per month in rent. It can easily be converted back to a single family residence or keep a renter to help pay the mortgage! Garage is also rented and generates $100 per month.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Other, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,926 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 173002340
    • Zoning: Residential-Single

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1901

    Utilities & green energy

    • Sewer: City Sewer/Connected

    Community & HOA

    Location
    • Region: Menahga

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $265,000
    • Annual tax amount: $2,132

    Price history

    DateEventPrice
    1/14/2025Sold$274,500-5.3%$143/sqft
    Source: Public Record Report a problem
    11/19/2024Price change$289,900-7.9%$151/sqft
    Source: Owner Report a problem
    11/3/2024Listed for sale$314,900+124.9%$163/sqft
    Source: Owner Report a problem
    12/18/2023Sold$140,000+113.7%$73/sqft
    Source: Public Record Report a problem
    5/11/2018Sold$65,500-12.6%$34/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4915990 Report a problem
    4/2/2018Price change$74,900-6.3%$39/sqft
    Source: Wolff & Simon Real Estate #4915990 Report a problem
    3/13/2018Listed for sale$79,900+21.8%$41/sqft
    Source: Wolff & Simon Real Estate #4915990 Report a problem
    8/3/2006Sold$65,606$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,132 +23.1%$265,000 +114.1%
    2024$1,732 +12.8%$123,800 -3.3%
    2023$1,536 +2.7%$128,000 +30.7%
    2022$1,496 +4.8%$97,900 +29.2%
    2021$1,428 +22.7%$75,800 +6.6%
    2020$1,164 +7.4%$71,100 +30.7%
    2018$1,084 +55.3%$54,400 +13.3%
    2017$698 -10.7%$48,000 +2%
    2016$782 +6%$47,040
    2015$738 --
    2014-- --
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 56464

    Nearby schools

    GreatSchools rating
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