NOT LISTED FOR SALE

1047 Sakatah Ct Madison Lake, MN 56063

Estimated Value: $320,000 - $340,655

3 Beds
3 Baths
2,200 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $217,000 $99 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,217/month

186 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Vaulted Ceiling
  • Eagle Lake Elementary School Rated A-
  • Deck
  • 2 Car Attached Garage

About This Home

As of February 2018

Tons of storage, open floor plan, close to area lakes, and the Sakatah Trail is right across the street from your front door! This convenient location is nestled on the south edge of Madison Lake; and only 10 minutes from Mankato. The home features a large kitchen island, lots of windows, a deck off the dining room, and a patio as you access the backyard from the walkout basement. As you're enjoying the outdoors, you might see some wildlife in the wetland behind the home. Three bedrooms and three full bathrooms give plenty of privacy for family and/or guests. The monthly HOA fee of $150 covers building insurance, snow removal, and lawn care (including in-ground sprinkler system). ** The price of $219,900 is a Winter Special that's only good through January 31, 2018!!

Last Agent to Sell the Property

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP Brokerage Phone: 507-381-0808 Listed on: 07/07/2017

WEICHERT REALTORS, COMMUNITY GROUP

Last Buyer's Agent

SARA FETTE

WEICHERT REALTORS, COMMUNITY GROUP

WEICHERT REALTORS, COMMUNITY GROUP

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $140

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 37x70
  • Landscaped
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 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

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R14.05.34.303.005

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

$140

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • 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: Deck, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.06
  • Construction: Completed New Construction
  • Foundation Size: 1355
  • L V T Date: 07/07/2017
  • Mechanicals: Sump Pump, Water Softener-None
  • Parcel Number: R14.05.34.303.005
  • 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: 3
  • Bathroom Description: Full Basement, Full Primary, Main Floor Full Bath, Private Primary, Upper Level Bath
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • 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
  • Room 10: Family Room, 20x23, On Level: Basement
  • Room 11: Bedroom, 14.5x12, On Level: Basement
  • Room 12: Bathroom, 9x5, On Level: Basement
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1355
  • Below Grade Finished Sq Ft: 845
  • Tot Above Grade Sq Ft: 1355
  • Total Fin Square Footage: 2200
  • Total Square Footage: 2710
  • Tot Below Grade Sq Ft: 1355

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: 150

Schools

  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 37x70
  • Lot/Land Description: Landscaped

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2017
  • Tax Value: 140

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Feb 13, 2018
Sold by
Trailside Properties Llc
Bought by
Malterer Matthew J and Malterer Bonita M
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
SARA FETTE
WEICHERT REALTORS, COMMUNITY GROUP
List Price
$229,900
Sold Price
$217,000
Premium/Discount to List
-$12,900
-5.61%
Current Estimated Value
$329,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,414
Avg. Annual Appreciation
5.58%
Original Mortgage
$47,000
Outstanding Balance
$40,187
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$289,227
Source: Public Records

Range of Values:

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List Price
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
Malterer Matthew J $217,000 Title Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malterer Matthew J $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $217,000 -1.3% $99 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
12/22/2017 12/22/17 Price Changed $219,900 -4.3% $100 / Sq Ft
07/07/2017 07/07/17 For Sale $229,900 -- $105 / 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 $4,018 $341,400 $15,500 $325,900
2024 $4,018 $309,500 $15,500 $294,000
2023 $3,728 $293,900 $15,500 $278,400
2022 $3,090 $264,600 $15,500 $249,100
2021 $2,954 $218,200 $15,500 $202,700
2020 $2,570 $200,100 $15,500 $184,600
2019 $2,612 $200,100 $15,500 $184,600
2018 $144 $184,600 $14,700 $169,900
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 2018

    Richard Draheim

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 345-1111

    181 Total Sales

    Richard Draheim
    Section Image
  • SARA FETTE

    Buyer's Agent in 2018

    SARA FETTE

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 720-1920

    3 Total Sales

    SARA FETTE
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7015162

REALTOR® Association of Southern Minnesota

APN: R14-05-34-303-005

Minnesota Blue Earth County Madison Lake 56063

1047 Sakatah Ct, Madison Lake, MN

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