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Single Family ResidenceResidential
$426,965$273 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $157,000 on May 4, 1999

12 BALSAM LN N

MINNEAPOLIS, MN 55441
3
Beds
4 / 1
Baths
1,562 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.44 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$427K
$389K low$465K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$157,000 · May 4, 1999

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,487 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$391,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$155,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$236,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$413,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$391,700

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.18 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyHENNEPIN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1965
Lot (acres)The size of the land the home sits on, from county records.0.44
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Package
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Lake

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
East Middle SchoolA
Middle · Grades 6–8 · 0.6 mi
E
Sunset Hill Elementary SchoolA-
Elementary · Grades KG–5 · 1.1 mi
H
Wayzata High SchoolA+
High · Grades 9–12 · 6.2 mi

District: Wayzata Public School District

Neighborhood · ZIP 55441These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.67
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.19,318
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,898 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$106,871
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$143,004
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

12 Balsam Ln N measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a bigger lot than 74% of homes in Hennepin County
  • Older than 84% of homes in Minneapolis 55441

What homes are worth in Minneapolis 55441

Each bar is how many homes fall in that price range. The marker is this home.

This home
$163K$1M

This home is worth more than 41% of homes in Minneapolis 55441.

How it measures up in Minneapolis 55441

The dot is this home. The mark in the middle is the typical home in Minneapolis 55441.

Estimated value$426,965
CheaperTypical $458,814Pricier

Pricier than 41% of homes nearby

Price per ft²$273
CheaperTypical $284Pricier

Pricier than 44% of homes nearby

Living area1,562 ft²
SmallerTypical 1,500 ft²Bigger

Bigger than 54% of homes nearby

Lot size0.44 ac
SmallerTypical 0.41 acBigger

Bigger than 57% of homes nearby

Year built1960
OlderTypical 1979Newer

Newer than 16% of homes nearby

How 12 Balsam Ln N ranks against every home in each area.
MeasureThis homeMinneapolis 55441Hennepin County
Estimated valuepricier than$426,96541% of homes61% of homes
Price per ft²pricier than$27344% of homes48% of homes
Living areabigger than1,562 ft²54% of homes61% of homes
Lot sizebigger than0.44 ac57% of homes74% of homes
Year builtnewer than196016% of homes41% of homes

About 12 Balsam Ln N

How much is 12 Balsam Ln N, Minneapolis, MN worth?

The TopHap Estimate for 12 Balsam Ln N, Minneapolis, MN is $426,965 as of Sep 24, 2026. The likely range is $388,711 to $465,219. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12 Balsam Ln N, Minneapolis, MN last sell?

12 Balsam Ln N, Minneapolis, MN last sold on May 4, 1999 for $157,000, according to the county's recorded deed.

How big is 12 Balsam Ln N, Minneapolis, MN?

12 Balsam Ln N, Minneapolis, MN has 3 bedrooms, 4 bathrooms, 1,562 square feet of living space and a 0.44-acre lot.

When was 12 Balsam Ln N, Minneapolis, MN built?

12 Balsam Ln N, Minneapolis, MN was built in 1960, making it 66 years old. It is a ranch home. The building has 1 story.

What schools serve 12 Balsam Ln N, Minneapolis, MN?

12 Balsam Ln N, Minneapolis, MN is assigned to East Middle School (middle), rated A; Sunset Hill Elementary School (elementary), rated A-; Wayzata High School (high), rated A+. All sit in Wayzata Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 12 Balsam Ln N, Minneapolis, MN compare to other homes in Minneapolis 55441?

Among the 5,257 homes in Minneapolis 55441, it is worth more than 41% of them ($426,965 against a typical $458,814), its price per square foot is higher than 44% of them ($273 against a typical $284), it is bigger than 54% of them (1,562 ft² against a typical 1,500 ft²), its lot is bigger than 57% of them (0.44 ac against a typical 0.41 ac) and it is newer than 16% of them (1960 against a typical 1979). Measured against all of Hennepin County, it is worth more than 61% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 12 Balsam Ln N, Minneapolis, MN?

The 2025 property tax bill for 12 Balsam Ln N, Minneapolis, MN was $4,487. The county assessed it at $391,700.

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