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  • $230,000

    347 Balsam Ave S, New Richland, MN 56072

    3beds
    1,604sqft
    Single Family Residence
    Built in 1970
    0.31 Acres Lot
    $235,600 Zestimate®
    $143/sqft
    $1,752 Estimated rent

    Home value

    $235,600

    Estimated sales range

    Not available

    $1,752/mo

    Zestimate® history
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    What's special

    Tucked away at the end of a quiet dead-end street, this charming ranch-style home in New Richland is the perfect blend of comfort and modern updates. The moment you arrive, you will be captivated by the curb appeal and upgrades made to this home. With updated siding, shingles and landscaping, the home not only looks great but offers peace of mind for years to come. Enjoy the ease of having all 3 bedrooms on one level-no stairs needed. The heart of the home, the kitchen, has been beautifully updated, complete with new appliances. Fresh flooring flows throughout, giving the home a warm and welcoming feel the moment you step inside. Off the kitchen you will enjoy patio doors that lead to the backyard and deck. Standout feature of this home is the expansive fenced in backyard. You'll love the spacious backyard perfect for relaxing in your own private oasis. And when colder months arrive, you'll appreciate the heated and insulated garage-ideal for Minnesota winters and year-round projects. This is one you don't want to miss. A move-in ready home with all the updates already done, waiting for you to make it your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melisa Leonardo 507-456-6332,

    Edina Realty, Inc.

    Bought with:

    Kim G. Berg

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6782757MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Bedroom 2
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Dining room
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Family room
    • Level: Lower
    • Area: 408 Square Feet
    • Dimensions: 34x12
    Kitchen
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Living room
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 15x20
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Block
    • Has fireplace: No
    Interior area
    • Total structure area: 1,604
    • Total interior livable area: 1,604 sqft
    • Finished area above ground: 1,196
    • Finished area below ground: 408

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    • Details: Garage Dimensions (16x24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.31 Acres
    • Dimensions: 86 x 158
    Details
    • Foundation area: 1196
    • Parcel number: 151080200
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Auditors # 1
    HOA
    • Has HOA: No
    Location
    • Region: New Richland

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $206,700
    • Annual tax amount: $2,161
    • Date on market: 9/3/2025
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    10/10/2025Sold$230,000$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6782757 Report a problem
    9/10/2025Pending sale$230,000$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6782757 Report a problem
    9/5/2025Listed for sale$230,000+43.8%$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6782757 Report a problem
    8/31/2023Sold$160,000-4.5%$100/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6367400 Report a problem
    8/4/2023Pending sale$167,500$104/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6367400 Report a problem
    7/25/2023Price change$167,500-1.5%$104/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6367400 Report a problem
    6/27/2023Listed for sale$170,000+31.6%$106/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6367400 Report a problem
    7/26/2018Sold$129,200-0.5%$81/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4897853 Report a problem
    7/6/2018Pending sale$129,900$81/sqft
    Source: Help-U-Sell Heritage Real Estate of Steele County Inc. #4084748 Report a problem
    4/12/2018Price change$129,900-3.7%$81/sqft
    Source: Help-U-Sell Heritage Real Estate of Steele County Inc. #4084748 Report a problem
    12/29/2017Listed for sale$134,900+124.8%$84/sqft
    Source: Help-U-Sell Heritage #4084748 Report a problem
    7/13/2017Sold$60,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,188 +3.4%$206,700 +28.9%
    2024$2,116 +2.5%$160,300 +5.2%
    2023$2,064 +12.1%$152,400 +81.6%
    2022$1,842 +4.2%$83,900 +5.4%
    2021$1,768 +2.9%$79,600 -25.7%
    2020$1,718 +100%$107,200
    2019$859 -40.6%$107,200 +12.6%
    2018$1,446 -18.5%$95,200 +4.4%
    2017$1,774 $91,200
    2016-- $91,200 +5.7%
    2015-- $86,300 +22.4%
    2012-- $70,500
    2011-- $70,500 -31.9%
    2010-- $103,600
    Find assessor info on the county website

    Neighborhood: 56072

    Nearby schools

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