641 Summit Ave
Balaton, MN 56115
2 Beds
1 Bath
1,080 sqft (on 0.38 acres)
2 Beds
1 Bath
1,080 sqft
(on 0.38 acres)
Home Highlights
Parking
Garage
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$146
Listed
92 days ago
Local Information
- Map ViewExplore the area around 641 Summit Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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!
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!
Home Details for 641 Summit Ave
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MLS Status: Active |
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Interior Details Basement: None |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (three quarters): 1 |
Dimensions and Layout Living Area: 1080 Square FeetFoundation Area: 864 |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Gas: Electric |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View No View |
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Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (34x42)No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Detached Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 1080 Square Feet |
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Days on Market: 92 |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 211100320 |
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Price List Price: $158,000Price Per Sqft: $146 |
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Direction & Address City: BalatonCommunity: 5th Railroad Add |
School Information High School District: Tracy Area |
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Listing Agent Listing ID: 7075021 |
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Building Area Building Area: 1080 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 0.38 acres |
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Contingencies: None |
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Mls Number: 7075021Above Grade Unfinished Area: 1080 |
Last check for updates: about 1 hour ago
Listing courtesy of Tara Onken, (507) 820-1710
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#7075021
Also Listed on NorthstarMLS as distributed by MLS GRID.
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
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 14, 2026 Source: NorthstarMLS as distributed by MLS GRID #7075021 | PriceChange | $158,000 Price decreased by 4% |
May 18, 2026 Source: NorthstarMLS as distributed by MLS GRID #7075021 | Listed For Sale | $165,000 |
Sep 10, 2025 Source: N/A | Sold | $60,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,824 | $81,400 |
Home facts updated by county records
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Home Value
Trulia Estimate
$157KSince last month
Increased$2K (+1.2%)Since last year
Increased$84K (+113.6%)Since last sale
Increased$97K (+162%)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 +284% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $157K |
| July 2026 | $155K |
| June 2026 | $156K |
| May 2026 | $164K |
| April 2026 | $86K |
| February 2026 | $70K |
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 |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $155,000 | 07/07/26 | 2 | 1 | 1,630 | |
0.25 | Single-Family Home | $40,500 | 01/27/26 | 1 | 1 | 894 | |
0.66 | Single-Family Home | $74,900 | 11/14/25 | 2 | 1 | 792 | |
0.62 | Single-Family Home | $110,000 | 06/03/26 | 2 | 1 | 1,036 | |
0.64 | Single-Family Home | $90,000 | 12/22/25 | 2 | 1 | 800 | |
0.13 | Single-Family Home | $180,000 | 10/03/25 | 4 | 2 | 1,717 | |
0.61 | Single-Family Home | $40,000 | 02/09/26 | 4 | 1.5 | 1,708 | |
0.66 | Single-Family Home | $52,500 | 04/02/26 | 3 | 1.5 | 2,240 | |
0.26 | 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 |
|---|---|---|---|---|---|---|
0.04 | $155,000 | 2 | 1 | 1,630 | Recently Sold | |
0.06 | $105,800 | 3 | 1 | 1,092 | Off Market | |
0.10 | $119,800 | 2 | 1 | 952 | Off Market | |
0.13 | $184,300 | 4 | 2 | 1,717 | Off Market | |
0.13 | $164,300 | 4 | 2 | 1,748 | Off Market | |
0.16 | $1 | 4 | 2 | 2,912 | For Sale | |
0.20 | $151,400 | 4 | 2 | 1,600 | Off Market | |
0.25 | $150,100 | 3 | 2 | 1,768 | Off Market | |
0.24 | $35,000 | 2 | 1 | 1,140 | Off Market | |
0.25 | $40,500 | 1 | 1 | 894 | Recently Sold | |
0.25 | $146,700 | 4 | 2 | 2,117 | Off Market |
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
Frequently asked questions about 641 Summit Ave
- What is the estimated monthly payment for 641 Summit Ave?Based on a $158,000 list price with 20% down at today's rates, the estimated monthly payment for 641 Summit Ave in Balaton, MN is approximately $1,041 (about $828 principal & interest, $138 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 641 Summit Ave?The closest schools to 641 Summit Ave in Balaton, MN are Tracy Elementary School (Pre-K, rated 6/10), Tracy Secondary (Middle/High, rated 6/10).
- What is 641 Summit Ave estimated to be worth?Trulia's estimated value for 641 Summit Ave in Balaton, MN is $157,200.
- Does 641 Summit Ave have air conditioning?Yes, 641 Summit Ave in Balaton, MN has air conditioning.
- How big is the lot at 641 Summit Ave?The lot at 641 Summit Ave in Balaton, MN is about 0.38 acres (16,553 sq ft).
- Does 641 Summit Ave have a garage?Yes, 641 Summit Ave in Balaton, MN has a garage.
Tara Onken, Edina Realty, Inc.
Agent Phone: (507) 820-1710
Based on information submitted to the MLS GRID as of 2026-08-18 05:43:12 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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By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
641 Summit Ave, Balaton, MN 56115 is a 2 bedroom, 1 bathroom, 1,080 sqft single-family home built in 1968. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on May 18, 2026. The MLS # for this home is MLS# 7075021.