Move-in ready and packed with possibilities! This beautifully updated 2 bedroom, 1 bathroom home has been extensively renovated from top to bottom, featuring all new plumbing, electrical, fixtures, doors windows, siding, flooring, sheetrock, water heater complete bathroom renovation and even a new sewer line already in place. The thoughtfully optimized floor plan offers comfortable living with a perfect main floor location for a stackable washer and dryer, plus a bonus room in the 1/4 story that would make a great office, hobby room, guest space, or additional storage area.
Outside is where this property really shines- the detached triple stall garage is extra deep and offers incredible flexibility. The oversized third stall features an impressive 12-foot door, making it ideal for campers, boats, trailers, toys or oversized equipment. A steel roof gives you peace of mind for decades to come. Whether you're looking for the perfect owner-occupied setup, extra storage space, or an investment opportunity, this property delivers. Rent the house and each garage stall separately for multiple income streams, or keep part of the garage space for yourself while generating rental income from the rest.
Clean, updated, functional, and ready to go- move in and be done!
Active
Price cut: $7K (6/14)
$158,000
641 Summit Ave, Balaton, MN 56115
2beds
1,080sqft
Single Family
Built in 1968
0.38 Acres Lot
$155,900 Zestimate®
$146/sqft
$-- HOA
What's special
- 43 days |
- 237 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Tara Onken 507-820-1710,
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7075021
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
- Finished area above ground: 1,080
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
- Details: Garage Dimensions (34x42)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.38 Acres
- Dimensions: 100 x 165
Details
- Foundation area: 864
- Parcel number: 211100320
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: 5th Railroad Add
HOA
- Has HOA: No
Location
- Region: Balaton
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $81,400
- Annual tax amount: $1,824
- Date on market: 5/18/2026

Tara Onken
(507) 820-1710
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Estimated market value
$155,900
$148,000 - $164,000
$982/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Price change | $158,000-4.2%$146/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $165,000+175%$153/sqft |
Source: | ||
| 9/10/2025 | Sold | $60,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,824 +14.7% | $81,400 -1.2% |
| 2024 | $1,590 -9.4% | $82,400 +21.9% |
| 2023 | $1,754 +9.8% | $67,600 +3% |
| 2022 | $1,598 +10.4% | $65,600 +18.4% |
| 2021 | $1,448 -1.4% | $55,400 +6.3% |
| 2020 | $1,468 | $52,100 -12.7% |
| 2019 | -- | $59,700 +32.4% |
| 2018 | -- | $45,100 |
| 2017 | -- | $45,100 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 56115
Nearby schools
GreatSchools rating
- 6/10Tracy Elementary SchoolGrades: PK-6Distance: 12.3 mi
- 6/10Tracy SecondaryGrades: 7-12Distance: 11.9 mi
- Minnesota
- Lyon County
- Balaton
- 56115
- 641 Summit Ave




