NOT LISTED FOR SALE

1031 Sakatah Ct Madison Lake, MN 56063

Estimated Value: $300,000 - $312,000

2 Beds
2 Baths
1,356 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $299,900 $221 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,077/month

17 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • 2 Car Attached Garage
  • Eagle Lake Elementary School Rated A-
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of July 2022

Brand new townhome with open floor plan and ample storage! This townhome has everything you need on the main level - kitchen with center island & stainless steel appliances, a generous master bedroom suite with private bath and walk-in closet, main floor laundry/mud room, a 2nd main floor bedroom, and another bathroom. The unfinished basement has room for a 3rd bedroom, a full bathroom, a family room, and there's a large utility room for extra storage. The Sakatah Trail is just steps from the front door; and there's a wetland/nature area in the backyard. The monthly HOA fee of $198 covers building insurance, snow removal, and lawn care (including in-ground sprinkler system). The lawn will be sodded (front & back) and rain gutters are included.

Last Agent to Sell the Property

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP Brokerage Phone: 507-381-0808 Listed on: 05/09/2022

WEICHERT REALTORS, COMMUNITY GROUP

Last Buyer's Agent

Kelly Terrell

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $202

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 70x37
  • Sprinkler System

HOA Fees

  • $198 Monthly HOA Fees

Home Design

  • Twin Home
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Passive Radon Mitigation

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R14.05.34.303.001

Community Details

Overview

  • Association fees include snow removal, building insurance, lawn care
  • Planned Unit Development

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$202

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Sub Type: Twinhome
  • Style: Twin Home
  • Amenities: Garage Door Opener, Kitchen Center Island, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System
  • Estimated Number of Acres: 0.06
  • Construction: Completed New Construction
  • Foundation Size: 1356
  • L V T Date: 05/09/2022
  • Mechanicals: Water Heater-Electric, Sump Pump, Radon Mitigation-Passive
  • Parcel Number: R14.05.34.303.001
  • Planned Unit Development: Yes
  • Stories: 1 Story
  • Street Designation: Court
  • Comp Dev Subdiv Name: Tomahawk Ridge
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Primary, Main Floor Full Bath, Private Primary, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 11x10, On Level: Main
  • Room 2: Dining Room, 11x12, On Level: Main
  • Room 3: Living Room, 14x12, On Level: Main
  • Room 4: Foyer, 12x5, On Level: Main
  • Room 5: Primary Bedroom, 14x12, On Level: Main
  • Room 6: Bathroom, 15x5, On Level: Main
  • Room 7: 12x11, On Level: Main
  • Room 8: Bathroom, 11x7, On Level: Main
  • Room 9: Laundry Room, 6x8, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Sump Pump, Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1356
  • Tot Above Grade Sq Ft: 1356
  • Total Fin Square Footage: 1356
  • Total Square Footage: 2712
  • Tot Below Grade Sq Ft: 1356

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Building Insurance, Lawn Care
  • Shared: In-ground Sprinkler Sys.
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 198

Schools

  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 70x37

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2022
  • Tax Value: 202

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jul 11, 2022
Sold by
Trailside Properties Llc
Bought by
Placek Richard
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Kelly Terrell
RE/MAX DYNAMIC AGENTS
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$305,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,842
Avg. Annual Appreciation
0.59%
Original Mortgage
$125,000
Outstanding Balance
$118,934
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$186,808
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Placek Richard $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Placek Richard $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $299,900 0.0% $221 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $299,900 -- $221 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,248 $295,500 $15,500 $280,000
2024 $3,248 $257,400 $15,500 $241,900
2023 $1,182 $285,500 $15,500 $270,000
2022 $202 $103,900 $15,500 $88,400
2021 $190 $10,900 $10,900 $0
2020 $184 $10,900 $10,900 $0
2019 $148 $10,900 $10,900 $0
2018 $144 $10,600 $10,600 $0
2017 $140 $10,600 $10,600 $0
2016 $134 $10,600 $10,600 $0
2015 $1 $10,400 $10,400 $0
2014 $140 $31,200 $31,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Draheim

    Seller's Agent in 2022

    Richard Draheim

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 345-1111

    181 Total Sales

    Richard Draheim
    Section Image
  • Kelly Terrell

    Buyer's Agent in 2022

    Kelly Terrell

    RE/MAX

    (507) 420-8922

    99 Total Sales

    Kelly Terrell
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029732

REALTOR® Association of Southern Minnesota

APN: R14-05-34-303-001

Minnesota Blue Earth County Madison Lake 56063

1031 Sakatah Ct, Madison Lake, MN

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