NOT LISTED FOR SALE

109 Gage Ave SE Madelia, MN 56062

Estimated Value: $267,000 - $330,000

0.23 Acre
$1,303,674 Price per Acre
10,019 Sq Ft Lot

Last Sold December 28, 2020

Last sale price $225,000 $161 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,942/month

Highlights

  • 2 Car Attached Garage
  • Patio
  • 1-Story Property
  • Breakfast Bar
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Lot

As of December 2020

If you are looking to downsize or simplify, this is the opportunity for you! This 2 bedroom, 2 bathroom, newly constructed patio home offers a desirable amount of space with a desirable layout. The front covered porch welcomes you to the home, enter through the front door to find an open layout with the kitchen and living room. Enjoy the eat in kitchen with a 6ft snack bar along with an additional informal dining space that leads out to the 10ft x 23ft covered porch. Off of the kitchen is a completely closed off laundry/mud room with a second entrance to the home from the garage and extra storage space. The master suite features a walk in closet and a 5ft x 5ft walk in shower! And the second bedroom could serve a dual purpose of a guest room or an office. There is also a full guest bathroom. This home is centrally located in the community of Madelia which makes for a quick commute or drive to many area towns. Opportunities like this surely don't come around often or last long. Call or message Krista today for a private showing and additional information regarding this property!

Last Agent to Sell the Property

Deb Richmond-Johnson

TRUE REAL ESTATE License #00087478 Listed on: 05/22/2020

TRUE REAL ESTATE

Last Buyer's Agent

Krista Lunz

TRUE REAL ESTATE License #40381042

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,132

Year Built

  • 2020

Lot Details

  • 10,019

Parking

  • 2 Car Attached Garage

Home Design

  • Home Under Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Patio
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 175770090

Property Details

Property Type

Land

Est. Annual Taxes

$4,132

Year Built

2020

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Lot
  • Style: TH Detached/Patio
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.23
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1400
  • L V T Date: 05/26/2020
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 175770090
  • Price Per Square Foot: 178
  • Sold Price Per Sq Ft: 161
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 154
  • Special Features: NewHome
  • Property Sub Type: LotsLands
  • Year Built: 2020

Interior Features

  • Dining Room: Breakfast Bar, Informal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Master, Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Master Bedroom, On Level: Main
  • Room 2: Bedroom, On Level: Main
  • Room 3: Living Room, On Level: Main
  • Room 4: Kitchen, On Level: Main
  • Room 5: Dining Room, On Level: Main
  • Room 6: Laundry Room, On Level: Main
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1400
  • Tot Above Grade Sq Ft: 1400
  • Total Fin Square Footage: 1400
  • Total Square Footage: 1400

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

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 80 x 118 irreg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Dec 28, 2020
Bought by
Hillesheim Caleb Caleb
Seller's Agent
Deb Richmond-Johnson
TRUE REAL ESTATE
Buyer's Agent
Krista Lunz
TRUE REAL ESTATE
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$299,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,845
Avg. Annual Appreciation
5.26%
Original Mortgage
$224,500
Outstanding Balance
$201,112
Interest Rate
2.66%
Estimated Equity
$85,689

Purchase Details

Closed on
Apr 17, 2020
Sold by
Lunz Joshua Joshua
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
Hillesheim Caleb Caleb $225,000 --
-- $4,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillesheim Caleb Caleb $224,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $225,000 -9.6% $161 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $249,000 -- $178 / 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 $4,132 $294,700 $19,900 $274,800
2024 $3,708 $294,900 $19,900 $275,000
2023 $3,566 $273,900 $17,200 $256,700
2022 $3,808 $228,700 $16,100 $212,600
2021 $162 $215,000 $15,000 $200,000
2020 $154 $7,500 $7,500 $0
2019 $158 $7,500 $7,500 $0
2018 $174 $7,500 $7,500 $0
2016 $156 $7,500 $7,500 $0
2014 -- $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Deb Richmond-Johnson

    Seller's Agent in 2020

    Deb Richmond-Johnson

    TRUE REAL ESTATE

    (507) 380-6621

    23 Total Sales

    Deb Richmond-Johnson
    Section Image

  • K

    Buyer's Agent in 2020

    Krista Lunz

    TRUE REAL ESTATE

    (507) 380-9312

    62 Total Sales

    Krista Lunz
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7024184

REALTOR® Association of Southern Minnesota

APN: 17.577.0090

Minnesota Watonwan County Madelia 56062

109 Gage Ave SE, Madelia, MN

This home is located at 109 Gage Ave SE, Madelia, MN 56062 since 22 May 2020 and is currently estimated at $299,845, approximately $214 per square foot. This property was built in 2020. 109 Gage Ave SE is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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