NOT LISTED FOR SALE

118 E Bay Dr Madison Lake, MN 56063

Estimated Value: $1,916,020

5 Beds
4.5 Baths
8,044 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2024

Last sale price $2,002,500 $249 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $11,674 / mo

140 Days on Market

Highlights

  • 332 Feet of Waterfront
  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Beach Access
  • Media Room
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Discover unparalleled elegance in this custom-built masterpiece by Deichman Construction, nestled on 1.9 acres boasting 350' of pristine lakeshore on Madison Lake! This home exudes luxury with exquisite Alder, Cherry, and Oak woodwork, complemented by Cambria countertops throughout. The main floor is a haven of comfort, featuring a lake-view living room, a sunroom with a dual-sided fireplace, a spacious kitchen with a breakfast nook, walk-in pantry, island, and 3/4 bath. A large mudroom connects to the 4-stall garage with access to the lower level, complete with a walk-in shower and a convenient half bath and laundry area, perfect for lake-bound excursions. Experience functionality with an office boasting a dual-sided fireplace and a bedroom on the main floor. The upper level unveils a laundry room, primary bedroom with a full bath showcasing a walk-in shower, soaking tub and a dual sided fireplace, a flex space currently used as an exercise room, and 2 additional bedrooms.

Last Agent to Sell the Property

Candee Deichman

Century 21 Atwood Listed on: 01/11/2024

Century 21 Atwood

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,000

Year Built

  • Built in 2005

Lot Details

  • 1.9 Acre Lot
  • 332 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Many Trees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Two Way Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Media Room
  • Den
  • Sun or Florida Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Underground Utilities
  • Propane
  • Shared Water Source
  • Water Softener is Owned
  • Fuel Tank

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association
  • Dauks East Bay Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R391002252001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,000

Year Built

Built in 2005

Lot Details

1.9 Acres

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Shared System
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 5662
  • Water Body Name: Madison Lake (07000200)
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fuel Tank - Owned, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Family Room, Gas, Living Room, Primary Bedroom, Stone
  • Living Area: 8044
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2382
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bedroom 5, Den, Foyer, Mud Room, Sun Room, Wine Cellar, Media Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 332

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Exercise Room,French Doors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Paneled Doors,Panoramic View,Sun Room,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Janesville-Waldorf-Pemberton
  • SchoolDistrictPhone: 507-234-5478

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 1.9 Acres
  • Lot Size Sq Ft: 82764
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: R391002252001
  • Tax Annual Amount: 13000
  • TaxWithAssessments: 15664.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Jul 22, 2024
Sold by
Bought by
Seller's Agent
Candee Deichman
Century 21 Atwood
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$2,299,000
Sold Price
$2,002,500
Premium/Discount to List
-$296,500
-12.9%
Views
146
Current Estimated Value
$1,916,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,480
Avg. Annual Appreciation
-2.12%

Purchase Details

Listed on
Jun 20, 2011
Closed on
May 21, 2014
Sold by
Bought by
Seller's Agent
Kevin Sharkey
CENTURY 21 ATWOOD
Buyer's Agent
RANDY SPLETT
CENTURY 21 LAKE REGION
List Price
$1,250,000
Sold Price
$950,000
Premium/Discount to List
-$300,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$663,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,002,500 --
$950,000 North American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,620,800
Previous Owner $663,000
Previous Owner $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2024 07/22/24 Sold $2,002,500 -12.9% $249 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $2,299,000 +142.0% $286 / Sq Ft
05/21/2014 05/21/14 Sold $950,000 -24.0% $117 / Sq Ft View Prior Sale
04/09/2014 04/09/14 Pending -- -- --
06/20/2011 06/20/11 For Sale $1,250,000 -- $154 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,710 $1,702,900 $233,600 $1,469,300
2025 $13,710 $1,405,100 $233,600 $1,171,500
2024 $13,830 $1,436,700 $233,600 $1,203,100
2023 $15,624 $1,346,100 $233,600 $1,112,500
2022 $16,108 $1,260,500 $233,600 $1,026,900
2021 $15,640 $1,157,500 $233,600 $923,900
2020 $15,356 $1,065,200 $233,600 $831,600
2019 $14,204 $1,065,200 $233,600 $831,600
2018 $13,868 $1,016,700 $233,600 $783,100
2017 $13,184 $975,500 $233,600 $741,900
2016 $13,818 $893,100 $233,600 $659,500
2015 $129 $905,200 $233,600 $671,600
2014 -- $890,300 $233,600 $656,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6476692

NorthstarMLS

APN: R39-10-02-252-001

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