NOT LISTED FOR SALE

2401 Majestic Ln NW Alexandria, MN 56308

Estimated Value: $560,887 - $719,000

3 Beds
2.5 Baths
1,809 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $369,500 $204 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,858/month

86 Days on Market

Highlights

  • 782 Feet of Waterfront
  • Boat Slip
  • Vaulted Ceiling
  • Docks
  • Deck
  • Wood Flooring

About This Home

As of February 2013

CLASSY YET COMFORTABLE! Water (Lake Darling) and wildlife right out your door. Boat docking on Lake Darling. Private walking path on lake side and very close to the Central Lakes recreational trail. Close to golf courses and Alexandria. LIFE IS GOOD IF YOU LIVE HERE!

Last Agent to Sell the Property

Tom Lynch

RE/MAX Lakes Area Realty Listed on: 10/30/2012

Last Buyer's Agent

Paula Jackson

RE/MAX Lakes Area Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 2003

Lot Details

  • 3,485 Sq Ft Lot
  • 782 Feet of Waterfront
  • Property fronts a private road
  • Sprinkler System
  • Few Trees

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Boat Slip
  • Docks
  • Deck
  • Outdoor Water Feature

Utilities

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

Community Details

  • Association fees include dock maintenance, lawn care
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 27-0337-760

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,344

Year Built

Built in 2003

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: TH Detached/Patio
  • Amenities: Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Boat Slip, Deck, Dock, Irrigation System, Water Feature
  • Estimated Number of Acres: 0.08
  • Beach Type: Weeds/Reeds
  • Chain Acreage: 6858.71
  • Mechanicals: Air to Air Exchange, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 27-0337-760
  • Planned Unit Development: Yes
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: Breakfast Bar, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Bedroom, 16x13, On Level: Main
  • Room 2: Bedroom, 12x12, On Level: Lower
  • Room 3: Bedroom, 12x12, On Level: Lower
  • Room 4: Den/Office, 12x11, On Level: Main
  • Room 5: Dining Room, 12x11, On Level: Main
  • Room 6: Family Room, 33x26, On Level: Lower
  • Room 9: Kitchen, 13x12, On Level: Main
  • Room 12: Living Room, 20x14, On Level: Main
  • Room 15: Other, 12x10, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1809
  • Below Grade Finished Sq Ft: 1728
  • Total Square Footage: 3537

Exterior Features

  • Frontage Road: Private
  • Lake Chain: Yes
  • Lake Class: Gen Development
  • Waterfront Name: Darling
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Waterfront: Yes
  • Water Frontage: 782
  • Waterfront Description: Association Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Shared

Condo/Co-op/Association

  • HOA Fee Includes: Dock Maintenance, Lawn Care
  • Shared: In-ground Sprinkler Sys.
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 108

Lot Info

  • Estimated Lot Dimensions: 46, 80, 46, 80
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2012
  • Tax Value: 3344

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Madden Stephen W and Madden Barbara M
Bought by
Madden Living Trust and Madden Barbara Madson
Current Estimated Value
$636,472

Purchase Details

Closed on
Feb 28, 2020
Sold by
Holt Derek D and Holt Kayla R
Bought by
Madden Stephen W and Madden Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2019
Sold by
Lahn Richard T and Lahn Gabriela
Bought by
Holt Derek D and Holt Kayla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2012
Closed on
Feb 2, 2013
Sold by
Hart David A and Hart Mary J
Bought by
Lahn Richard T and Lahn Denise F
Seller's Agent
Tom Lynch
RE/MAX Lakes Area Realty
Buyer's Agent
Paula Jackson
RE/MAX Lakes Area Realty
List Price
$389,000
Sold Price
$369,500
Premium/Discount to List
-$19,500
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$295,600
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Fannie Mae
Bought by
Hart David and Hart Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,495
Interest Rate
4.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2009
Sold by
Countrywide Home Loans Inc
Bought by
Fannie Mae and Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,495
Interest Rate
4.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2006
Sold by
Darling Cove Developers Llc
Bought by
Michael David P and Michael Alexandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.56%
Mortgage Type
New Conventional
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
Madden Living Trust -- None Listed On Document
Madden Stephen W $430,000 Integrity Title Inc
Holt Derek D $400,000 Integrity Title Inc
Lahn Richard T $369,500 Integrity Title Inc
Hart David -- None Available
Fannie Mae -- None Available
Michael David P $408,900 None Available
Darling Cove Developers Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madden Stephen W $344,000
Previous Owner Holt Derek D $320,000
Previous Owner Lahn Richard T $295,600
Previous Owner Hart David $14,495
Previous Owner Fannie Mae $231,920
Previous Owner Michael David P $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $369,500 -5.0% $204 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
10/30/2012 10/30/12 For Sale $389,000 -- $215 / 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 $4,784 $542,200 $65,800 $476,400
2024 $4,784 $571,400 $65,100 $506,300
2023 $4,490 $516,200 $63,800 $452,400
2022 $4,020 $473,000 $63,200 $409,800
2021 $3,984 $407,500 $61,500 $346,000
2020 $3,948 $383,800 $61,200 $322,600
2019 $3,522 $371,100 $61,200 $309,900
2018 $3,522 $340,400 $60,900 $279,500
2017 $3,302 $340,400 $70,500 $269,900
2016 $3,352 $320,779 $68,385 $252,394
2015 $3,368 $0 $0 $0
2014 -- $311,900 $70,800 $241,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tom Lynch

    RE/MAX

  • P

    Buyer's Agent in 2013

    Paula Jackson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4414372

REALTOR® Association of Southern Minnesota

APN: 27-0337-760

Minnesota Douglas County Alexandria 56308

2401 Majestic Ln NW, Alexandria, MN

Not Listed for Sale

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