NOT LISTED FOR SALE

24038 Gingerale Trail Madison Lake, MN 56063

Estimated Value: $716,000 - $825,000

4 Beds
3 Baths
3,250 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $495,000 $152 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,652/month

Highlights

  • 256 Feet of Waterfront
  • Docks
  • Spa
  • Eagle Lake Elementary School Rated A-
  • Sandy Beach
  • 2-minute walk to Lake George

About This Home

As of July 2018

You will enjoy the peaceful and beautiful views of the sunset from this 4 bedroom, 3 bath home that sits on 1.7 acres with 256 feet of shoreline. This ranch rambler home has a recently updated kitchen, hardwood floors and carpet. When you walk into the home you will be greeted with a beautiful view of the lake. The main floor offers a larger living room, sunroom, dining & kitchen, a mudroom & laundry, along with the master bedroom and two other bedrooms. The lower level of the home walks out to the gorgeous back yard and has a large family room with wet bar, along with a 4th bedroom and bonus room with plenty of storage. You will be impressed when you walk out to the back yard with how much room it offers, along with the nice flat land to the lake. There is a 2 stall attached garage, along with a 34 x 28 detached garage for all of your toys and storage. Gingerale Trail is scheduled to be completely paved this summer. This is what lake life is all about, come and check it out for yourself.

Last Agent to Sell the Property

Dan Baker

CENTURY 21 ATWOOD Listed on: 04/26/2018

CENTURY 21 ATWOOD

Last Buyer's Agent

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,618

Year Built

  • 2000

Lot Details

  • 1.7 Acre Lot
  • 256 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Sandy Beach
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 6 Car Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Docks

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R37-05-20-151-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,618

Year Built

2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Hot Tub, Kitchen Center Island, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Wet Bar, Combination Windows (L)
  • Amenities Exterior: Dock
  • Estimated Number of Acres: 1.7
  • Assessments: Yes
  • Beach Type: Sand
  • Construction: Previously Owned
  • Foundation Size: 1836
  • L V T Date: 04/26/2018
  • Mechanicals: Air to Air Exchange, Water Heater-Gas
  • Parcel Number: R37-05-20-151-006
  • Stories: 1 Story
  • Street Designation: Trail
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, 3/4 Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x16, On Level: Main
  • Room 2: Dining Room, 11.5x11.5, On Level: Main
  • Room 3: Kitchen, 11.5x15, On Level: Main
  • Room 4: Sunroom/Solarium, 11x11.5, On Level: Main
  • Room 5: Master Bedroom, 13x14, On Level: Main
  • Room 6: Bedroom, 13.5x12.5, On Level: Main
  • Room 7: 11.5x12, On Level: Main
  • Room 8: Den/Office, 10.5x16.5, On Level: Lower
  • Room 9: Family Room, 13.5x43.5, On Level: Lower
  • Room 10: Bedroom, 13.5x13, On Level: Lower
  • Room 11: Other, 9x7.5, On Level: Lower
  • Basement Features: Daylight/Lookout Windows
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1836
  • Below Grade Finished Sq Ft: 1414
  • Tot Above Grade Sq Ft: 1836
  • Total Fin Square Footage: 3250
  • Total Square Footage: 3672
  • Tot Below Grade Sq Ft: 1836

Exterior Features

  • Frontage Road: County
  • Waterfront Name: George
  • Construction Type: Concrete Block
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 256
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 6

Utilities

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

Schools

  • Mankato Schools: Mankato East, Eagle Lake Elementary, Prairie Winds Middle

Lot Info

  • Estimated Lot Dimensions: 1.7 Acres
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 2, 2018
Sold by
Jagdfeld Pamela N and Jagdfeld Robert E
Bought by
Deehr Amy C and Coleman David
Seller's Agent
Dan Baker
CENTURY 21 ATWOOD
Buyer's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
List Price
$529,900
Sold Price
$495,000
Premium/Discount to List
-$34,900
-6.59%
Current Estimated Value
$763,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,660
Avg. Annual Appreciation
6.09%
Original Mortgage
$445,500
Outstanding Balance
$386,946
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$376,714
Source: Public Records

Range of Values:

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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
Deehr Amy C $495,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deehr Amy C $445,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $495,000 -6.6% $152 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $529,900 -- $163 / 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 $7,618 $700,500 $156,700 $543,800
2024 $7,618 $637,900 $156,700 $481,200
2023 $6,902 $636,500 $156,700 $479,800
2022 $6,114 $590,400 $156,700 $433,700
2021 $6,036 $476,300 $156,700 $319,600
2020 $5,964 $448,000 $156,700 $291,300
2019 $5,254 $448,000 $156,700 $291,300
2018 $4,972 $396,300 $156,700 $239,600
2017 $4,442 $396,300 $156,700 $239,600
2016 $4,318 $360,400 $156,700 $203,700
2015 $43 $348,400 $156,700 $191,700
2014 $4,504 $357,800 $156,700 $201,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7017434

REALTOR® Association of Southern Minnesota

APN: R37-05-20-151-006