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5237 Balmoral Lane, Bloomington, MN 55437

New Listing

$249,900

Property Type: Multi-Family Bedrooms: 2 Baths: 2 Square Footage: 1,060 Lot Size (sq. ft.): 1,060 Status: Coming Soon

Current Price: $249,900 List Date: 7/26/2026 Last Modified: 7/27/2026

Overview

Description

This is an "all on one level" main floor condo that only has 3 neighbors in your whole building! Easy access, with no stairs or steps from garage! Condo owner John Knoblauch has been a licensed real estate broker for 37 years. He also has been a licensed general contractor for 27 years. Because Knoblauch only takes on a few projects a year, very few are lucky enough to benefit from his work. But this buyer will! Because for the last 5 months, Knoblauch once again unlocked his high end home building experience, top notch craftsmanship skills, and his well known keen eye, and went about meticulously accomplishing this 5 month condo renovation in the heart of southwest Bloomington! This condo has been transformed literally from top to bottom and is stunning! When you step through the front door, it looks just like new construction! And has new windows and sliding glass door to the private patio to boot! Kitchen is completely redesigned. Nicest kitchen cabinets in the whole d ... (Read more) This is an "all on one level" main floor condo that only has 3 neighbors in your whole building! Easy access, with no stairs or steps from garage! Condo owner John Knoblauch has been a licensed real estate broker for 37 years. He also has been a licensed general contractor for 27 years. Because Knoblauch only takes on a few projects a year, very few are lucky enough to benefit from his work. But this buyer will! Because for the last 5 months, Knoblauch once again unlocked his high end home building experience, top notch craftsmanship skills, and his well known keen eye, and went about meticulously accomplishing this 5 month condo renovation in the heart of southwest Bloomington! This condo has been transformed literally from top to bottom and is stunning! When you step through the front door, it looks just like new construction! And has new windows and sliding glass door to the private patio to boot! Kitchen is completely redesigned. Nicest kitchen cabinets in the whole development. New primary bath shower and tile work is over the top. New heavy solid mission style doors and new luxury vinyl floors are outstanding. All new lights, appliances, and knockdown ceilings! You name it. Even the garage is newly finished! We are very confident the new owner will be forever greatful! All buyers and realtors, before setting up a showing of this renovated property, please note that seller financing by way of contract for deed is a prerequisite to purchasing this beautiful condo. NO mortagage company needed! Seller only requires a $30,000 downpayment, and heres really good news! Buyer(s) only need $750 total closing costs! plus prepaids of course. 30 year amortization schedule based on a FIXED interest rate of 6.9%. First 5 years are locked before making final balloon payment. Seller very flexible on final balloon payment anytime AFTER the first 5 years. Great deal on top of a great property for one lucky buyer! HOA monthly dues is $548 on this beautiful and well maintained property located on a looped dead end private street.

Listing Details MLS# 7116205

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1981
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1060
Above Ground SqFt: 1060
Total SqFt: 1060
Foundation Size: 1060
Lot Size SqFt: 1060
Style: (MF) Four Plex
Total Finished Sqft: 1060.00
Power Company: Xcel Energy
Garage Stalls: Yes
Lot Dimensions: condo
Assessment Pending: No
Below Grd Total SqFt: 0

Property Features

Accessible: Door Lever Handles; Partially Wheelchair Amenities Shared: In-Ground Sprinkler System; Lobby; Patio; Security Lights Assumable Loan: Not Assumable Basement: Shared Access Construction Materials: Block; Frame Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Brick/Stone; Metal; Steel Siding Foundation: Slab Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL; Fiber Optic; Satellite Laundry: Gas Dryer Hookup; Laundry Room; Main Level Lock Box Type: Supra Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light; Underground Utilities Owner Pays: Broadband Parking Characteristics: Finished Garage; Parking Lot Pool Description: None Road Frontage: Curbs; No Outlet/Dead End; Paved Streets; Private Road; Storm Sewer; Street Lights Road Responsibility: Association Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Pitched Sellers Terms: Contract for Deed Sewer: City Sewer/Connected Stories: One Topography: Level Unit 1 Amenities: Countertops-Granite; Custom Cabinetry; Open Floor Plan; Security Lights; Walk-In Closet; Ceiling Fan(s); In-Ground Sprinkler; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Patio; Primary Bedroom Walk-in Closet; Tile Floors; Washer/Dryer Hookup Unit 1 Bath Description: Full Primary; Main Floor 3/4 Bath; Main Floor Full Bath; Private Primary; Walk-In Shower Stall Unit 1 Dining Room Description: Breakfast Bar; Breakfast Area; Kitchen/Dining Room; Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Main Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 249900
ListPrice: 249900
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 5237
Street Name: Balmoral
Street Suffix: Lane
Postal City: Bloomington
County: Hennepin
State: MN
Zip Code: 55437
Complex/Dev/Subdivision: Cic 0271 Manor Homes Of Norman

Assessments

Tax With Assessments: 2340
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 1060

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 25' x 10'
Garage Door Height: 7
Garage Door Width: 9
Garage Square Feet: 250
Finished Garage: Yes
Parking Lot: Yes

Public Survey Info

Range#: 24
Section#: 19
Township#: 27

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
3/4 Baths: Yes
Finished SqFt: 1060
Full Baths: Yes
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 9

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: CONDO NO 0271 MANOR HOMES OF NORMAN BLDG NO 7 UNIT NO 2 GAR UNIT NO 2
Listing City: Bloomington
Map Page: 147
Municipality: Bloomington
School District: Bloomington
School District Phone: 952-681-6400
Zip Plus 4: 2867
Property ID Number: 1902724320117
Tax Year: 2026
Tax Amount: 2340
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This is an "all on one level" main floor condo that only has 3 neighbors in your whole building! Easy access, with no stairs or steps from garage! Condo owner John Knoblauch has been a licensed real estate broker for 37 years. He also has been a licensed general contractor for 27 years. Because Knoblauch only takes on a few projects a year, very few are lucky enough to benefit from his work. But this buyer will! Because for the last 5 months, Knoblauch once again unlocked his high end home building experience, top notch craftsmanship skills, and his well known keen eye, and went about meticulously accomplishing this 5 month condo renovation in the heart of southwest Bloomington! This condo has been transformed literally from top to bottom and is stunning! When you step through the front door, it looks just like new construction! And has new windows and sliding glass door to the private patio to boot! Kitchen is completely redesigned. Nicest kitchen cabinets in the whole development. New primary bath shower and tile work is over the top. New heavy solid mission style doors and new luxury vinyl floors are outstanding. All new lights, appliances, and knockdown ceilings! You name it. Even the garage is newly finished! We are very confident the new owner will be forever greatful! All buyers and realtors, before setting up a showing of this renovated property, please note that seller financing by way of contract for deed is a prerequisite to purchasing this beautiful condo. NO mortagage company needed! Seller only requires a $30,000 downpayment, and heres really good news! Buyer(s) only need $750 total closing costs! plus prepaids of course. 30 year amortization schedule based on a FIXED interest rate of 6.9%. First 5 years are locked before making final balloon payment. Seller very flexible on final balloon payment anytime AFTER the first 5 years. Great deal on top of a great property for one lucky buyer! HOA monthly dues is $548 on this beautiful and well maintained property located on a looped dead end private street.
Directions: Close to intersection of Old Shakopee Rd and Normandale Blvd.

Accessible

Door Lever Handles: Yes
Partially Wheelchair: Yes

Amenities Shared

In-Ground Sprinkler System: Yes
Lobby: Yes
Patio: Yes
Security Lights: Yes

Assumable Loan

Not Assumable: Yes

Basement

Shared Access: Yes

Construction Materials

Block: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes
Circuit Breakers: Yes

Exterior

Brick/Stone: Yes
Metal: Yes
Steel Siding: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes
DSL: Yes
Fiber Optic: Yes
Satellite: Yes

Laundry

Gas Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes

Lock Box Type

Supra: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes
Underground Utilities: Yes

Owner Pays

Broadband: Yes

Patio, Porch and Deck Features

Patio: Yes

Pool Description

None: Yes

Road Frontage

Curbs: Yes
No Outlet/Dead End: Yes
Paved Streets: Yes
Private Road: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Association Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes
Pitched: Yes

Sellers Terms

Contract for Deed: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

No. of Ranges

One: Yes

No. of Refrigerators

One: Yes

Unit 1 Amenities

Countertops-Granite: Yes
Custom Cabinetry: Yes
Open Floor Plan: Yes
Security Lights: Yes
Walk-In Closet: Yes
Ceiling Fan(s): Yes
In-Ground Sprinkler: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Paneled Doors: Yes
Patio: Yes
Primary Bedroom Walk-in Closet: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Unit 1 Bath Description

Full Primary: Yes
Main Floor 3/4 Bath: Yes
Main Floor Full Bath: Yes
Private Primary: Yes
Walk-In Shower Stall: Yes

Unit 1 Dining Room Description

Breakfast Bar: Yes
Breakfast Area: Yes
Kitchen/Dining Room: Yes
Separate/Formal Dining Rm: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Documents

Bloomington Mn. Condo Bylaws.pdf ›

Bloomington Mn Condo Rules and Regulatio ›

Bloomington Mn condo Declarations.pdf ›

Bloomington Condo HOA documents.pdf ›

Listing Office: Metro Area Properties, Inc.

Last Updated: July - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.