NOT LISTED FOR SALE

2202 W Ballantyne Dr Madison Lake, MN 56063

Estimated Value: $138,000 - $353,000

1.42 Acres
$179,592 Price per Acre
61,855 Sq Ft Lot

Last Sold August 13, 2013

Last sale price $165,000

Est. 55% increase in value since last sale

Current estimated payment $1,452/month

Highlights

  • Boathouse
  • 200 Feet of Waterfront
  • Sandy Beach
  • Eagle Lake Elementary School Rated A-
  • Docks
  • Many Trees

About This Lot

As of August 2013

This 1.4 acre property located on the scenic Lake Ballantyne is an amazing place to build your dream home! Over 200 ft of lake shore is available to enjoy the water. A gentle slope leads you down to the boathouse/cabin where you can relax and unwind. Set up your showing today!

Last Agent to Sell the Property

Richard Draheim

WEICHERT REALTORS, COMMUNITY GROUP Listed on: 04/04/2013

WEICHERT REALTORS, COMMUNITY GROUP

Last Buyer's Agent

Angie VanEman Lynch

AMERICAN WAY REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,336

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 200x310
  • 200 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Sloped Lot
  • Many Trees
  • Finished Lot(s)

Parking

  • Gravel Driveway

Utilities

  • Shared Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R37.05.33.102.001

Community Details

Overview

  • Property is near a ravine

Recreation

  • Boathouse
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$1,336

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • Amenities Exterior: Dock, Driveway - Gravel
  • Beach Type: Rocky, Sand
  • Parcel Number: R37.05.33.102.001
  • Estimated Number of Acres: 1.42
  • Development Status: Finished Lot
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Ballantyne
  • Out Buildings: Boathouse
  • Waterfront: Yes
  • Water Frontage: 200
  • Waterfront Description: Lake

Utilities

  • Available Utilities: Private Septic, Shared Well
  • On Site Utilities: Electric

Lot Info

  • Lot/Land Description: Ravine, Tree Coverage - Heavy, Tree Coverage - Medium
  • Estimated Lot Dimensions: 200x310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2013
Sold by
Steffen Jacob L
Bought by
Steffen Daryl D and Steffen Marilyn J
Current Estimated Value
$255,021

Purchase Details

Listed on
Apr 4, 2013
Closed on
Aug 12, 2013
Sold by
Steffensmeier Patrick L and Steffensmeier Deanna E
Bought by
Steffen Daryl D and Steffen Marilyn J
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$96,500
Outstanding Balance
$71,591
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$183,430

Purchase Details

Closed on
May 21, 2008
Sold by
Hager Brian J and Hager Wendy J
Bought by
Langsjoen Deanna E and Steffensmeier Patricia L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Steffen Daryl D -- --
Steffen Daryl D $165,000 --
Langsjoen Deanna E $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffen Daryl D $96,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $165,000 -17.5% --
07/15/2013 07/15/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $199,900 -- --
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 $1,336 $156,800 $136,600 $20,200
2024 $1,336 $155,400 $136,600 $18,800
2023 $1,274 $156,500 $136,600 $19,900
2022 $1,388 $154,600 $136,600 $18,000
2021 $1,402 $149,700 $136,600 $13,100
2020 $1,416 $148,900 $136,600 $12,300
2019 $1,054 $148,900 $136,600 $12,300
2018 $1,356 $148,800 $136,600 $12,200
2017 $1,348 $149,100 $136,600 $12,500
2016 $1,360 $147,200 $136,600 $10,600
2015 $13 $146,600 $136,600 $10,000
2014 -- $147,200 $136,600 $10,600
Source: Public Records

Agents Affiliated with this Home

  • Richard Draheim

    Seller's Agent in 2013

    Richard Draheim

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 345-1111

    181 Total Sales

    Richard Draheim
    Section Image
  • Angie VanEman Lynch

    Buyer's Agent in 2013

    Angie VanEman Lynch

    AMERICAN WAY REALTY

    (507) 381-8961

    220 Total Sales

    Angie VanEman Lynch
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7003051

REALTOR® Association of Southern Minnesota

APN: R37-05-33-102-001

Minnesota Blue Earth County Madison Lake 56063

2202 W Ballantyne Dr, Madison Lake, MN

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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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