NOT LISTED FOR SALE

121 1st St E Madison, MN 56256

Estimated Value: $122,000 - $234,000

4 Beds
2 Baths
1,840 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $162,000 $88 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,032/month

116 Days on Market

Highlights

  • No HOA
  • 3 Car Attached Garage
  • Living Room
  • The kitchen features windows
  • Patio
  • Laundry Room

About This Home

As of October 2023

How comfortable would it be, to have all Main floor living, with an attached 3.5 car garage, fenced in yard, concrete driveway, on edge of town? This 4 bedroom 2 bathroom home sets on almost an acre lot with wildlife in your back yard. As you enter the front door, you are greeted with a large open living room, dining area and kitchen. There is another living area which could be used as a bedroom ensuite with its adjacent bathroom. There is so much space both inside, outside and garages, oh my! There is ample space for camper parking, outdoor toy storage. Although on the edge of town, you are still close enough to businesses, baseball park, and within walking distance to the county Fairgrounds. The 2 car garage portion is 23.5X23 and the added Garage 1.5 Car garage is 21.5X23, Call for a showing.

Last Agent to Sell the Property

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 06/02/2023

Weichert REALTORS Tower Properties

Last Buyer's Agent

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 06/02/2023

Weichert REALTORS Tower Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1994

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 150x270
  • Chain Link Fence

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Additional Features

  • No Interior Steps
  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 540646000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,045

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: No Stairs Internal
  • Water Source: City Water/Connected
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1840
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Sump Pump
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1840
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Foyer, Laundry, Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Lac Qui Parle Valley
  • SchoolDistrictPhone: 320-752-4205

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150x270
  • Lot Size Sq Ft: 39204
  • 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: 540646000
  • Tax Annual Amount: 1045
  • TaxWithAssessments: 1080.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Oct 10, 2023
Sold by
Estate Of Lori Lee Williams
Bought by
Olson Chase
Seller's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
Buyer's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
List Price
$215,000
Sold Price
$162,000
Premium/Discount to List
-$53,000
-24.65%
Views
195
Current Estimated Value
$174,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,454
Avg. Annual Appreciation
3.49%
Original Mortgage
$161,000
Outstanding Balance
$157,899
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$16,555

Purchase Details

Closed on
Sep 6, 2016
Sold by
Williams Dale Ralph and Williams Sharon C
Bought by
Williams Lori L

Purchase Details

Closed on
Jun 2, 2016
Sold by
Wells Fargo Bank N A
Bought by
Williams Dale Ralph

Purchase Details

Closed on
Dec 3, 2013
Sold by
Schellberg Dallas D and Schellberg Rhonda
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olson Chase $162,000 --
Williams Lori L -- None Available
Williams Dale Ralph -- Attorney
Wells Fargo Bank Na $56,070 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Chase $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $162,000 -10.0% $88 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $180,000 -7.7% $98 / Sq Ft
07/31/2023 07/31/23 Price Changed $195,000 -4.9% $106 / Sq Ft
07/11/2023 07/11/23 Price Changed $205,000 -4.7% $111 / Sq Ft
06/02/2023 06/02/23 For Sale $215,000 -- $117 / 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
2024 $1,410 $104,300 $8,000 $96,300
2023 $1,310 $104,300 $8,000 $96,300
2022 $928 $86,200 $8,000 $78,200
2021 $938 $76,900 $8,000 $68,900
2020 $932 $75,300 $8,000 $67,300
2019 $858 $75,300 $8,000 $67,300
2018 $894 $75,000 $8,000 $67,000
2017 $860 $75,000 $8,000 $67,000
2016 $1,582 $73,800 $8,000 $65,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6380656

NorthstarMLS

APN: 54-0646-000