NOT LISTED FOR SALE

122 E Bay Dr Madison Lake, MN 56063

Estimated Value: $135,629 - $169,000

1.8 Acres
$83,421 Price per Acre
78,408 Sq Ft Lot

Sale Details

Date Sold: June 29, 2023

Last sale price $135,000

Est. 11% increase in value since last sale

Current estimated payment $997 / mo

14 Days on Market

Highlights

  • Beach Access
  • Sandy Beach
  • Landscaped with Trees
  • Janesville-Waldorf-Pemberton Elementary School Rated 9+
  • Cul-De-Sac

About This Lot

As of June 2023

Look no further to build your dream home! This 1.8 acre lot is on a cul de sac in East Bay Estates with views of the wooded 5.6 acre outlot of deeded access to Madison Lake. With a gradual slope and plenty of space, this is one of the last lots available to build on in this beautiful neighborhood. There are no gravel roads and you are only minutes from Mankato. No need for a septic system as this can be connected up to the Lake Washington Sanitary Sewer system. Shared well with 3 additional properties at $10/month.

Last Agent to Sell the Property

Karen Toft

TRUE REAL ESTATE License #40611409 Listed on: 06/06/2023

TRUE REAL ESTATE

Last Buyer's Agent

Karen Toft

TRUE REAL ESTATE License #40611409 Listed on: 06/06/2023

TRUE REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $540

Lot Details

  • 1.8 Acre Lot
  • Sandy Beach
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot
  • Landscaped with Trees
  • Finished Lot(s)

Utilities

  • Underground Utilities
  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number R39.10.02.252.003

Community Details

Overview

  • Property is near a ravine

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$540

Lot Details

1.8 Acres

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • Assessments: Yes
  • Beach Type: Sand
  • Dnr Lake Id Number: 7004400
  • L V T Date: 06/06/2023
  • Parcel Number: R39.10.02.252.003
  • Street Designation: Drive
  • Estimated Number of Acres: 1.8
  • Development Status: Finished Lot, Subdivided
  • Land Improvements: Curbs/Gutters, Dead End/No Outlet, Paved
  • Comp Dev Subdiv Name: Dauks East Bay Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 1447.15
  • Waterfront Name: Madison
  • Waterfront Description: Association Access

Utilities

  • Available Utilities: City Sewer, Electric, Shared Well

Lot Info

  • Lot/Land Description: Accessible Shoreline, Cul de Sac, Irregular Lot, Ravine, Tree Coverage - Medium, Paved Streets, Underground Utilities
  • Estimated Lot Dimensions: 78,408

Tax Info

  • Year: 2023
  • Tax Value: 539.75

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jun 29, 2023
Sold by
Keltgen James
Bought by
Mcnamara Andrew
Seller's Agent
Karen Toft
TRUE REAL ESTATE
Buyer's Agent
Karen Toft
TRUE REAL ESTATE
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
22
Current Estimated Value
$150,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,157
Avg. Annual Appreciation
3.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcnamara Andrew $135,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $135,000 -9.9% --
06/20/2023 06/20/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $149,900 -- --
Source: REALTOR® Association of Southern Minnesota

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 $2,336 $58,600 $58,600 $0
2024 $2,336 $58,600 $58,600 $0
2023 $2,456 $58,600 $58,600 $0
2022 $2,568 $58,600 $58,600 $0
2021 $2,612 $58,600 $58,600 $0
2020 $2,664 $58,200 $58,200 $0
2019 $2,098 $58,200 $58,200 $0
2018 $2,150 $58,200 $58,200 $0
2017 $2,204 $58,200 $58,200 $0
2016 $2,272 $58,200 $58,200 $0
2015 $23 $58,200 $58,200 $0
2014 $658 $174,600 $174,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Toft

    Seller's Agent in 2023

    Karen Toft

    TRUE REAL ESTATE

    (507) 381-2969

    119 Total Sales

    Karen Toft
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7032516

REALTOR® Association of Southern Minnesota

APN: R39-10-02-252-003

Minnesota Blue Earth County Madison Lake 56063

122 E Bay Dr, Madison Lake, MN

Not Listed for Sale

Lots

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