231 2nd St E
Balaton, MN 56115
2 Beds
1 Bath
916 sqft (on 0.28 acres)
2 Beds
1 Bath
916 sqft
(on 0.28 acres)
Home Value
Trulia Estimate
$85.8KSince last month
Increased$800 (+0.9%)Since last year
Increased$14K (+19.7%)Since last sale
Increased$18K (+26.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +172% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $86K |
| July 2026 | $87K |
| June 2026 | $85K |
| May 2026 | $83K |
| April 2026 | $81K |
| March 2026 | $80K |
| February 2026 | $79K |
| January 2026 | $78K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Single-Family Home | $74,900 | 11/14/25 | 2 | 1 | 792 | |
0.39 | Single-Family Home | $90,000 | 12/22/25 | 2 | 1 | 800 | |
0.49 | Single-Family Home | $60,000 | 09/10/25 | 2 | 1 | 1,080 | |
0.38 | Single-Family Home | $110,000 | 06/03/26 | 2 | 1 | 1,036 | |
0.29 | Single-Family Home | $40,500 | 01/27/26 | 1 | 1 | 894 | |
0.52 | Single-Family Home | $155,000 | 07/07/26 | 2 | 1 | 1,630 | |
0.36 | Single-Family Home | $52,500 | 04/02/26 | 3 | 1.5 | 2,240 | |
0.35 | Single-Family Home | $40,000 | 02/09/26 | 4 | 1.5 | 1,708 | |
0.20 | Single-Family Home | $213,000 | 06/25/26 | 4 | 3 | 2,000 | |
0.22 | Single-Family Home | $155,000 | 05/28/26 | 4 | 1.5 | 2,184 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | - | - | - | Off Market | |
0.20 | $213,000 | 4 | 3 | 2,000 | Recently Sold | |
0.22 | $155,000 | 4 | 1.5 | 2,184 | Recently Sold | |
0.23 | $150,100 | 3 | 2 | 1,768 | Off Market | |
0.24 | $15,500 | - | - | - | For Sale | |
0.24 | $15,500 | - | - | - | For Sale | |
0.24 | $15,500 | - | - | - | For Sale | |
0.24 | $15,500 | - | - | - | For Sale | |
0.26 | - | - | - | - | Off Market | |
0.27 | $15,500 | - | - | - | For Sale | |
0.28 | $146,700 | 4 | 2 | 2,117 | Off Market |
Local Information
- Map ViewExplore the area around 231 2nd St E.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1950
Lot Size
0.28 acres
Living Area
916 sqft
Price/Sqft
$94
Parking
Garage
HOA
None
About this House
Step into your new home at 231 2nd Str. East in Balaton! This charming 2-bed, 1-bath residence has undergone a complete top-to-bottom renovation. A brand-new roof (2023) complements the updated kitchen and bath. The living room features a stunning built-in entertainment center. Enjoy the sunroom with a skylight and sliding door to the deck and backyard, just off the kitchen. Experience open-concept living on the main floor. Conveniently located within 20 minutes of Marshall, Tyler, Tracy, and Russell. Welcome to your beautifully updated home!
231 2nd St E, Balaton, MN 56115 is a 2 bedroom, 1 bathroom, 916 sqft single-family home built in 1950. It last sold for $68,000 on Feb 20, 2024 (5% above the $65,000 asking price). It is currently off market. The Trulia Estimate is $85,800, with a rent estimate of $931/month.
Home Details for 231 2nd St E
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MLS Status: Closed |
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Interior Details Number of Rooms: 2Types of Rooms: Bathroom, Dining Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 916 Square FeetFoundation Area: 916 |
Appliances & Utilities Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Laundry Closet,Main LevelRefrigeratorWasher |
Heating & Cooling Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers, 200+ Amp ServiceGas: Electric |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: No Stairs Internal |
View No View |
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Exterior Home Features Roof: Age 8 Years Or Less AsphaltPatio / Porch: Deck, PatioFoundation: Slab |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (24x12)No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Gravel |
Frontage Road Frontage: City Street, SidewalksResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 916 Square Feet |
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Cumulative Days on Market: 6 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 211460370 |
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Price List Price: $65,000 |
Status Change & Dates Off Market Date: Fri Jan 12 2024 |
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Direction & Address City: Balaton |
School Information High School District: Tracy Area |
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Building Area Building Area: 916 Square Feet |
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No HOA |
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Lot Area: 0.28 acres |
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Contingencies: None |
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Mls Number: 6473448Above Grade Unfinished Area: 916Activation Date: Sat Jan 06 2024 |
Last check for updates: about 5 hours ago
Listed by Keller Williams Preferred Rlty
Bought with: Tara Onken, (507) 820-1710, Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#6473448
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 20, 2024 Source: NorthstarMLS as distributed by MLS GRID #6473448 | Sold | $68,000 |
Jan 12, 2024 Source: NorthstarMLS as distributed by MLS GRID #6473448 | Pending | $65,000 |
Jan 6, 2024 Source: NorthstarMLS as distributed by MLS GRID #6473448 | Listed For Sale | $65,000 |
Dec 18, 2020 Source: NorthstarMLS as distributed by MLS GRID #5483468 | Sold | $41,900 |
May 2, 2020 Source: Agent Provided | Pending | $45,000 |
Feb 11, 2020 Source: Agent Provided | Listed For Sale | $45,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $844 | $57,300 |
Home facts updated by county records
Market trends in Balaton
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
6
1MoM
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Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Balaton
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say parking is easy
100 % Say people would walk alone at night
100 % Say there are sidewalks
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
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Homes for sale near 231 2nd St E
0.38 ACRES
11.47 ACRESKeller Williams Preferred Realty
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Off Market Homes Near 231 2nd St E
OFF MARKET- See more homes for sale inBalaton
Frequently asked questions about 231 2nd St E
- What is 231 2nd St E estimated to be worth?Trulia's estimated value for 231 2nd St E in Balaton, MN is $85,800.
- What is the price history for 231 2nd St E?231 2nd St E in Balaton, MN last sold for $68,000 in February 2024.
- Is Balaton a buyer's or seller's market?Balaton is currently a seller's market, based on recent for-sale activity.
- What are the closest schools to 231 2nd St E?The closest schools to 231 2nd St E in Balaton, MN are Tracy Elementary School (Pre-K, rated 6/10), Tracy Secondary (Middle/High, rated 6/10).
- Does 231 2nd St E have air conditioning?Yes, 231 2nd St E in Balaton, MN has air conditioning.
- Does 231 2nd St E have laundry facilities?Yes, 231 2nd St E in Balaton, MN has in-unit laundry.
Based on information submitted to the MLS GRID as of 2026-08-17 03:18:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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