NOT LISTED FOR SALE

218 Gilbert Ave SW Madelia, MN 56062

Estimated Value: $217,000 - $284,000

2 Beds
2.5 Baths
2,320 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $165,000 $71 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,515/month

138 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Bathroom on Main Level
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of April 2019

Rare opportunity! This single owner home is now available for you to make your own! Enter into the large living space on the main level complete with a wood burning fireplace and windows galore to let in natural sunlight and warmth in the cold months to come. Off the living space are 2 bedrooms and a full bathroom. Moving back through the home is the combination dining room and kitchen which allow for ease of entertaining and features a beautiful built in wood storage hutch allows you to display your precious decor without worry. Off the kitchen is main floor laundry and another full bathroom! Here there is also a second access in and out of the home to the over sized two stall attached garage- which will be appreciated in the months to come. Heading down to the basement there is another large living space complete with a bar, wood burning stove, kitchenette, more built in storage, and an office space or a potential third bedroom with an egress window added. Rounding out the basement tour is an unfinished utility/storage/work space with a 1/2 bath incorporated. The outdoor space is just as great with a patio and storage shed out back and a large yard out front. This home is located on the West end of Madelia away from all the day to day hustle and bustle but still close enough to enjoy it! This home is vacant and available for quick possession!

Last Agent to Sell the Property

Mary Weller

Coldwell Banker River Valley License #00087569 Listed on: 10/28/2018

Coldwell Banker River Valley

Last Buyer's Agent

Jennifer Johnson

TRUE REAL ESTATE License #40594446

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • 1979

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 141x90
  • Landscaped
  • Few Trees

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 177020160

Home Details

Home Type

Single Family

Year Built

1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Garage Door Opener, Vaulted Ceilings, Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.29
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1424
  • L V T Date: 10/30/2018
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 177020160
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 23x17, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Kitchen, 12x9, On Level: Main
  • Room 4: Master Bedroom, 14x13, On Level: Main
  • Room 5: Bedroom, 12x9, On Level: Main
  • Room 6: Other, 12x11, On Level: Basement
  • Room 7: 23x16, On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1424
  • Below Grade Finished Sq Ft: 896
  • Tot Above Grade Sq Ft: 1424
  • Total Fin Square Footage: 2320
  • Total Square Footage: 2848
  • Tot Below Grade Sq Ft: 1424

Exterior Features

  • Frontage Road: Curb/Gutters, City
  • Construction Type: Frame/Wood
  • Exterior: Brick, Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air, Wood Stove
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 141x90
  • Lot/Land Description: Landscaped, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2018
Closed on
Apr 10, 2019
Sold by
Arduser Marilyn A
Bought by
Johnson Amy and Fiala Caleb
Seller's Agent
Mary Weller
Coldwell Banker River Valley
Buyer's Agent
Jennifer Johnson
TRUE REAL ESTATE
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$244,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,616
Avg. Annual Appreciation
5.95%
Original Mortgage
$160,050
Outstanding Balance
$139,845
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$104,771
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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Purchase History

Date Buyer Sale Price Title Company
Johnson Amy $165,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Amy $160,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $165,000 -2.4% $71 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/11/2019 03/11/19 Price Changed $169,000 -3.4% $73 / Sq Ft
10/28/2018 10/28/18 For Sale $175,000 -- $75 / 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 $2,930 $229,600 $28,200 $201,400
2024 $2,792 $229,300 $28,200 $201,100
2023 $2,636 $219,800 $25,100 $194,700
2022 $2,564 $185,100 $22,900 $162,200
2021 $3,002 $162,400 $21,200 $141,200
2020 $2,486 $181,900 $21,200 $160,700
2019 $2,554 $160,600 $21,200 $139,400
2018 $2,642 $160,600 $21,200 $139,400
2016 $1,836 $145,600 $21,200 $124,400
2014 -- $125,300 $21,200 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019480

REALTOR® Association of Southern Minnesota

APN: 17.702.0160