550 Summit Ave
Balaton, MN 56115
4 Beds
2 Baths
1,629 sqft
4 Beds
2 Baths
1,629 sqft
Home Value
Trulia Estimate
$130KSince last month
Increased$4K (+3.1%)Since last year
Increased$25K (+24.1%)Since last sale
Increased$57K (+79%)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 +256% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $129K |
| July 2026 | $126K |
| June 2026 | $125K |
| May 2026 | $112K |
| April 2026 | $108K |
| March 2026 | $108K |
| February 2026 | $101K |
| January 2026 | $99K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
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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 |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $180,000 | 10/03/25 | 4 | 2 | 1,717 | |
0.18 | Single-Family Home | $155,000 | 05/28/26 | 4 | 1.5 | 2,184 | |
0.12 | Single-Family Home | $155,000 | 07/07/26 | 2 | 1 | 1,630 | |
0.54 | Single-Family Home | $40,000 | 02/09/26 | 4 | 1.5 | 1,708 | |
0.08 | Single-Family Home | $60,000 | 09/10/25 | 2 | 1 | 1,080 | |
0.59 | Single-Family Home | $52,500 | 04/02/26 | 3 | 1.5 | 2,240 | |
0.17 | Single-Family Home | $40,500 | 01/27/26 | 1 | 1 | 894 | |
0.55 | Single-Family Home | $110,000 | 06/03/26 | 2 | 1 | 1,036 | |
0.49 | Single-Family Home | $213,000 | 06/25/26 | 4 | 3 | 2,000 | |
0.57 | Single-Family Home | $90,000 | 12/22/25 | 2 | 1 | 800 |
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 |
|---|---|---|---|---|---|---|
0.03 | $105,800 | 3 | 1 | 1,092 | Off Market | |
0.08 | $158,000 | 2 | 1 | 1,080 | For Sale | |
0.09 | $119,800 | 2 | 1 | 952 | Off Market | |
0.12 | $155,000 | 2 | 1 | 1,630 | Recently Sold | |
0.12 | $1 | 4 | 2 | 2,912 | For Sale | |
0.14 | $151,400 | 4 | 2 | 1,600 | Off Market | |
0.17 | $150,100 | 3 | 2 | 1,768 | Off Market | |
0.18 | $155,000 | 4 | 1.5 | 2,184 | Recently Sold | |
0.17 | $40,500 | 1 | 1 | 894 | Recently Sold | |
0.18 | $146,700 | 4 | 2 | 2,117 | Off Market | |
0.21 | $184,300 | 4 | 2 | 1,717 | Off Market | |
0.21 | $164,300 | 4 | 2 | 1,748 | Off Market |
Local Information
- Map ViewExplore the area around 550 Summit Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
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Home Highlights
Property Type
Single-Family Home
Year Built
1952
Living Area
1,629 sqft
Price/Sqft
$80
About this House
This single-family home is located at 550 Summit Ave, Balaton, MN. 550 Summit Ave is in Balaton, MN and in ZIP code 56115. This property has 4 bedrooms, 2 bathrooms and approximately 1,629 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1952.
550 Summit Ave, Balaton, MN 56115 is a 4 bedroom, 2 bathroom, 1,629 sqft single-family home built in 1952. It last sold for $72,000 on Dec 10, 2020. It is currently off market. The Trulia Estimate is $130,000, with a rent estimate of $1,516/month.
Home Details for 550 Summit Ave
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Cedar |
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Lot Area: 8295 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 10, 2020 Source: NorthstarMLS as distributed by MLS GRID #5667291 | Sold | $72,000 |
Oct 21, 2020 Source: Agent Provided | Pending | $79,000 |
Oct 1, 2020 Source: Agent Provided | Listed For Sale | $79,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,194 | $98,500 |
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
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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.
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Apartments for Rent
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Homes for sale near 550 Summit Ave
0.38 ACRES
11.47 ACRESKeller Williams Preferred Realty
FOR SALE BY OWNER9.56 ACRES
See more homes for sale inBalaton
Off Market Homes Near 550 Summit Ave
Frequently asked questions about 550 Summit Ave
- What is 550 Summit Ave estimated to be worth?Trulia's estimated value for 550 Summit Ave in Balaton, MN is $130,000.
- What is the price history for 550 Summit Ave?550 Summit Ave in Balaton, MN last sold for $72,000 in December 2020.
- 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 550 Summit Ave?The closest schools to 550 Summit Ave in Balaton, MN are Tracy Elementary School (Pre-K, rated 6/10), Tracy Secondary (Middle/High, rated 6/10).
- How big is the lot at 550 Summit Ave?The lot at 550 Summit Ave in Balaton, MN is about 0.19 acres (8,276 sq ft).