NOT LISTED FOR SALE

109 Cedar Ln Madison Lake, MN 56063

Estimated Value: $492,000 - $504,000

5 Beds
3 Baths
2,639 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $415,000 $157 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,177/month

Highlights

  • Boathouse
  • Docks
  • Sandy Beach
  • Eagle Lake Elementary School Rated A-
  • Beach
  • Open Floorplan

About This Home

As of October 2021

Enjoy lake living in this beautiful 5 bedroom, 3 bath home. Situated on a large wooded lot a short distance from Duck Lake. The home includes lake access, beach area, a shared dock, and designated indoor storage space for your boat and toys. The open floor plan makes this a wonderful home to entertain your family and friends. You will love getting cozy by the fireplace in the den on a cold winter night in this well done addition. The spacious master suite includes walk-in closet, private master bathroom with separate tub and shower. The basement has an enormous family room that can accommodate a pool or pingpong table and still have plenty of room for seating and entertaining. There is plenty of storage between the 2 stall garage, 12x8 shed and shared boat house.

Last Agent to Sell the Property

NATHAN GRUENZNER

TRUE REAL ESTATE License #40086772 Listed on: 08/26/2021

TRUE REAL ESTATE

Last Buyer's Agent

Holly Koenig

RE/MAX Results License #40513297

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,930

Year Built

  • 2002

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 172x132x142x142
  • Sandy Beach
  • Landscaped with Trees

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Boathouse
  • Docks
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number R14.05.27.477.002

Community Details

Overview

  • Association fees include recreation facilities

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,930

Year Built

2002

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Dock, Driveway - Asphalt, Porch
  • Estimated Number of Acres: 0.8
  • Beach Type: Sand
  • Foundation Size: 1379
  • L V T Date: 08/26/2021
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Heater-Gas, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: R14.05.27.477.002
  • Road Between Waterfront And Home: Yes
  • Stories: 1 Story
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Dining Room: Combine with Kitchen, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor Full Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Kitchen, 13'x10' 8", On Level: Main
  • Room 2: Living Room, 15'x16' 7", On Level: Main
  • Room 3: Den/Office, 13' 10"x14" 10", On Level: Main
  • Room 4: Master Bedroom, 12'x14' 6", On Level: Main
  • Room 5: Bathroom, 7' 11"x10' 6", On Level: Main
  • Room 6: Bedroom, 10' 4"x10' 3", On Level: Main
  • Room 7: 10'x10 7", On Level: Main
  • Room 8: Bathroom, 8' 6"x4' 10", On Level: Main
  • Room 9: Family Room, 15' 8"x30', On Level: Basement
  • Room 10: Bedroom, 9' 10"x13' 8", On Level: Basement
  • Room 11: Bedroom, 11' 6"x11' 8", On Level: Basement
  • Room 12: Bathroom, 4' 10"x9' 11", On Level: Basement
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1639
  • Below Grade Finished Sq Ft: 1000
  • Tot Above Grade Sq Ft: 1635
  • Total Fin Square Footage: 2639
  • Total Square Footage: 3014
  • Tot Below Grade Sq Ft: 1379

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 290
  • Waterfront Name: Duck
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Boathouse, Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Association Access

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: Recreation Facilities
  • Shared: Swimming Beach
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 700

Schools

  • Mankato Schools: Mankato East, Eagle Lake Elementary, Prairie Winds Middle

Lot Info

  • Estimated Lot Dimensions: 172x132x142x142
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Paved Streets, Telephone, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 1, 2021
Sold by
Zimmerman Thomas J and Zimmerman Dana M
Bought by
Rogalla Rebecca
Seller's Agent
NATHAN GRUENZNER
TRUE REAL ESTATE
Buyer's Agent
Holly Koenig
RE/MAX Results
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Current Estimated Value
$499,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,013
Avg. Annual Appreciation
4.63%
Original Mortgage
$373,500
Outstanding Balance
$340,597
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,416
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
Rogalla Rebecca $415,000 Stewart Title
Rogalla Rebecca Rebecca $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogalla Rebecca $373,500
Closed Rogalla Rebecca Rebecca $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $415,000 0.0% $157 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $415,000 +3.8% $157 / Sq Ft
08/26/2021 08/26/21 For Sale $399,900 -- $152 / 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 $5,930 $488,100 $77,200 $410,900
2024 $5,930 $439,200 $77,300 $361,900
2023 $5,316 $406,500 $77,300 $329,200
2022 $4,652 $364,900 $77,300 $287,600
2021 $4,522 $313,700 $77,300 $236,400
2020 $4,032 $297,800 $77,300 $220,500
2019 $4,174 $297,800 $77,300 $220,500
2018 $4,054 $304,300 $97,300 $207,000
2017 $3,692 $304,300 $97,300 $207,000
2016 $3,624 $288,200 $97,300 $190,900
2015 $34 $289,900 $103,000 $186,900
2014 $4,062 $273,600 $103,000 $170,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027998

REALTOR® Association of Southern Minnesota

APN: R14-05-27-477-002