NOT LISTED FOR SALE

2234 W Ballantyne Dr Madison Lake, MN 56063

Estimated Value: $477,000 - $607,000

4 Beds
2 Baths
2,968 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $349,899 $118 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,238/month

Highlights

  • 150 Feet of Waterfront
  • Docks
  • Open Floorplan
  • Eagle Lake Elementary School Rated A-
  • Beach Access
  • Deck

About This Home

As of September 2016

This 4 bedroom, 2 bath rambler is located on a 1.03 acre lot and has an easy slope to 150 feet of lake shore on picturesque Lake Ballantyne. Much to love in this 3,000+ SF home that has been well cared for and tastefully remodeled throughout. The main floor offers an open floor plan with large living room, dining and kitchen areas looking out over the lake. Don't forget about the large deck off the back side of the home with easy access from the living room and kitchen areas. Three same floor bedrooms, full bathroom and main floor laundry. The over-sized master bedroom has a huge walk-in closet, vanity room, shared access to full bath and two entrances into the bedroom itself. Excited for more? Choose one of two stairways to lead you to the lower level of the home which offers a spacious 4th bedroom, sizable extra room [currently used for exercise room], 3/4 bathroom with multi-head walk-in shower, and amazing family room with gas fireplace, gorgeous stone and tile work, built in bar area with accent lighting, 2nd complete kitchen, movie projector with retractable screen and both bar style and booth sitting areas. The lower level of the home feels even bigger with the walkout to the patio area under the deck on the backside of the home. Only 10 minutes from River Hills Mall. NOTEWORTHY ITEMS: Exterior of the home was just repainted in 2016, basement remodel in 2014, new flooring and added bedroom on main, hard surfaced counters and plenty of cabinetry in kitchen, oversized one car attached garage, additional parking to side of garage, 2 water heaters, owned water softener and tree lined front yard. Property assessment balance is for city sewer. Dock to be included with an acceptable offer. Schedule the tour of your new home today.

Last Agent to Sell the Property

Andrew Kolars

REALTY EXECUTIVES ASSOCIATES License #20337744 Listed on: 04/29/2016

REALTY EXECUTIVES ASSOCIATES

Last Buyer's Agent

Christine Gerber

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,624

Year Built

  • 1974

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 150x300
  • 150 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R37.05.33.102.003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,624

Year Built

1974

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Driveway - Gravel, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 1.03
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1520
  • L V T Date: 04/29/2016
  • Mechanicals: Water Heater-Electric, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R37.05.33.102.003
  • Stories: 1 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Dining Room: Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 13x8, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Bedroom, 12x11, On Level: Main
  • Room 4: Bedroom, 11x7, On Level: Main
  • Room 5: Master Bedroom, 20x15, On Level: Main
  • Room 6: Bathroom, On Level: Main
  • Room 7: 15x13, On Level: Basement
  • Room 8: Bedroom, 15x13, On Level: Basement
  • Room 9: Utility Room, 9x8, On Level: Basement
  • Room 10: Bathroom, On Level: Basement
  • Room 11: Family Room, 21x13, On Level: Basement
  • Room 12: Kitchen, 23x17, On Level: Basement
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1520
  • Below Grade Finished Sq Ft: 1448
  • Tot Above Grade Sq Ft: 1520
  • Total Fin Square Footage: 2968
  • Total Square Footage: 3040
  • Tot Below Grade Sq Ft: 1520

Exterior Features

  • Frontage Road: Gravel
  • Waterfront Name: Ballantyne
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board, Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Square Footage: 480

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: City
  • Water: Shared

Schools

  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 150x300
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Aug 29, 2016
Sold by
Staley June A and Lehrke Chales R
Bought by
Lamb Dana and Lamb Robert
Seller's Agent
Andrew Kolars
REALTY EXECUTIVES ASSOCIATES
Buyer's Agent
Christine Gerber
RE/MAX DYNAMIC AGENTS
List Price
$349,700
Sold Price
$349,899
Premium/Discount to List
$199
0.06%
Current Estimated Value
$542,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,383
Avg. Annual Appreciation
4.90%
Original Mortgage
$279,900
Outstanding Balance
$223,573
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$318,709

Purchase Details

Closed on
Dec 21, 2011
Sold by
Gens Terry T
Bought by
Staley June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,307
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lamb Dana $349,900 --
Staley June A $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Dana $279,900
Previous Owner Staley June A $257,307
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2016 09/07/16 Sold $349,899 +0.1% $118 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $349,700 -- $118 / 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 $4,624 $526,300 $135,400 $390,900
2024 $4,624 $494,300 $135,400 $358,900
2023 $4,186 $495,000 $135,400 $359,600
2022 $3,718 $460,400 $135,400 $325,000
2021 $3,642 $375,900 $135,400 $240,500
2020 $3,580 $353,900 $135,400 $218,500
2019 $3,242 $353,900 $135,400 $218,500
2018 $3,192 $331,700 $135,400 $196,300
2017 $2,464 $331,700 $135,400 $196,300
2016 $4,980 $273,100 $135,400 $137,700
2015 $51 $265,000 $135,400 $129,600
2014 $2,496 $270,200 $135,400 $134,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011421

REALTOR® Association of Southern Minnesota

APN: R37-05-33-102-003