NOT LISTED FOR SALE

1051 Sakatah Ct Madison Lake, MN 56063

Estimated Value: $304,000 - $357,750

3 Beds
3 Baths
1,355 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $225,000 $166 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,268/month

98 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Laundry Room
  • Eagle Lake Elementary School Rated A-
  • Living Room
  • Entrance Foyer

About This Home

As of March 2024

BACK ON MARKET! BUYER BACKED OUT.

Are you looking for a project that can turn into a dream home or a profitable investment? Look no further! This 3-bedroom, 3-bathroom townhouse, built in 2017, in Madison Lake, is your canvas for renovation and personalization. While it needs some rehab work, this townhouse offers an excellent opportunity to create a space that suits your vision and preferences. The three spacious bedrooms and three bathrooms provide a solid foundation for customization. The open concept living area, with abundant natural light, allows for a flexible redesign. There's a deck right off that space too! You can transform the kitchen with your preferred appliances and finishing touches. Schedule your showing today!

Last Agent to Sell the Property

Corinne Johnson

Northwoods Real Estate Group LLC Listed on: 10/31/2023

Last Buyer's Agent

Karla Van Eman

American Way Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 2017

Lot Details

  • 2,570

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Twin Home
  • Vinyl Siding

Interior Spaces

  • 1,355 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Walk-Out Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Deck
  • 2,570 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawn care, snow removal
  • Tomahawk Ridge Association, Phone Number (507) 334-3499
  • Tomahawk Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number R140534303006

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,882

Year Built

Built in 2017

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2017
  • Above Grade Finished Sq Ft: 1355
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Unfinished, Walkout
  • Living Area: 1355
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Foyer, Laundry

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Other, Snow Removal
  • Phone: 507-334-3499
  • Association Fee: 198
  • Association: Yes

Association/Amenities

  • HOA Management Co: Tomahawk Ridge

Schools

  • Junior High Dist: Mankato
  • SchoolDistrictPhone: 507-387-1868

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 2614
  • Lot Size Sq Ft: 2570.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: R140534303006
  • Tax Annual Amount: 3882
  • TaxWithAssessments: 3902.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
May 24, 2024
Sold by
Jones Mariah
Bought by
Hansen Stephanie
Seller's Agent
Corinne Johnson
Northwoods Real Estate Group LLC
Buyer's Agent
Karla Van Eman
American Way Realty
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
119
Current Estimated Value
$330,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,688
Avg. Annual Appreciation
27.21%
Original Mortgage
$325,850
Outstanding Balance
$321,281
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$9,407

Purchase Details

Listed on
Oct 31, 2023
Closed on
Mar 25, 2024
Sold by
Secretary Of Veterans Affairs
Bought by
Jones Mariah
Seller's Agent
Corinne Johnson
Northwoods Real Estate Group LLC
Buyer's Agent
Karla Van Eman
American Way Realty
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,850
Outstanding Balance
$321,281
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$9,407

Purchase Details

Closed on
May 31, 2018
Sold by
Tailside Properties Llc
Bought by
Bork Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,945
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Hansen Stephanie $343,000 --
Jones Mariah $225,000 --
Bork Xavier $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Stephanie $325,850
Previous Owner Jones Mariah $225,000
Previous Owner Bork Xavier $234,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $225,000 -2.2% $166 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $230,000 -4.2% $170 / Sq Ft
01/09/2024 01/09/24 For Sale $240,000 0.0% $177 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $240,000 -- $177 / Sq Ft
Source: NorthstarMLS

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 $3,960 $308,300 $15,500 $292,800
2024 $3,960 $305,600 $15,500 $290,100
2023 $3,902 $293,900 $15,500 $278,400
2022 $3,326 $264,600 $15,500 $249,100
2021 $3,170 $218,200 $15,500 $202,700
2020 $2,800 $200,100 $15,500 $184,600
2019 $3,110 $200,100 $15,500 $184,600
2018 $144 $178,800 $14,700 $164,100
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

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Map

Source: NorthstarMLS

MLS Number: 6454879

NorthstarMLS

APN: R14-05-34-303-006