Seller's Agent in 2021
Jamie DeAtley
TRUE REAL ESTATE
(507) 380-3984
29 Total Sales
28060 470th St Madison Lake, MN 56063
Estimated Value: $468,056 - $953,000
3
Beds
2
Baths
2,556
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- 235 Feet of Waterfront
- Beach Access
- Second Kitchen
- Docks
- Sandy Beach
- Deck
About This Home
As of August 2021Absolutely stunning shoreline with sunset views on West Jefferson Lake. Property offers beautiful views with 235 feet of lakeshore! This half acre lakefront property is located next to the fishing pier owned by the German and Jefferson Lake Sportsmen club. This year round home has three bedrooms on the main level with a full kitchen, remodeled bathroom, and living room with a 17 x 7 deck, showcasing unobstructed views of the lake. Down the spiral staircase, you will find a custom cabin style remodeled living room and kitchen with upgraded cabinets and granite countertops. The living room showcases a beautiful fireplace and a huge floor to ceiling window looking out to the lake. A fully renovated bathroom, bedroom, office (possible 5th bedroom with egress added) along with a large laundry room completes the lower level. Just outside the kitchen of the lower level you will find a large breezeway connected to the 2 stall garage with new opener. A 16' x 16' deck off the breezeway leads down to additional seating areas and sandy shoreline. The breezeway and exterior of the home are in need of TLC but the price reflects this and creates a great opportunity for someone to gain immediate equity. Dock, boat lift, and canopy are included with the home. Don't miss out on an opportunity to own your very own lakefront property less than 15 miles from Mankato.
Last Agent to Sell the Property
TRUE REAL ESTATE License #40551453 Listed on: 06/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,470
Year Built
- 1967
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 235' x 305' x 185'
- 235 Feet of Waterfront
- Lake Front
- Property fronts a county road
- Sandy Beach
- Irregular Lot
- Landscaped with Trees
Home Design
- Ranch Style House
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Ceiling Fan
- Wood Burning Fireplace
- Open Floorplan
- Tile Flooring
Kitchen
- Second Kitchen
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Block Basement Construction
- Natural lighting in basement
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Gravel Driveway
Outdoor Features
- Beach Access
- Docks
- Deck
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Private Water Source
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 13.800.0010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2021
Closed on
Aug 31, 2021
Sold by
Wiebold Kevin Kevin
Bought by
Blaschko Sarah Sarah
Seller's Agent
Jamie DeAtley
TRUE REAL ESTATE
Buyer's Agent
Jamie DeAtley
TRUE REAL ESTATE
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,264
Avg. Annual Appreciation
14.16%
Original Mortgage
$340,868
Outstanding Balance
$310,486
Interest Rate
2.87%
Estimated Equity
$329,778
Purchase Details
Closed on
Jan 27, 2009
Sold by
Wells Fargo Bank Na
Bought by
Wiebuld Kevin S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blaschko Sarah Sarah | $370,000 | -- | |
| Wiebuld Kevin S | $144,500 | -- | |
| Blaschko Sarah Sarah | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blaschko Sarah Sarah | $340,868 | |
| Closed | Blaschko Sarah Sarah | -- | |
| Closed | Blaschko Sarah Sarah | $340,868 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $370,000 | -6.3% | $145 / Sq Ft |
| 07/12/2021 07/12/21 | Price Changed | $395,000 | -1.3% | $155 / Sq Ft |
| 07/11/2021 07/11/21 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | For Sale | $400,000 | +8.1% | $156 / Sq Ft |
| 06/16/2021 06/16/21 | Off Market | $370,000 | -- | -- |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $4,470 | $465,200 | $222,200 | $243,000 |
| 2024 | $4,672 | $371,900 | $205,800 | $166,100 |
| 2023 | $4,272 | $369,800 | $205,800 | $164,000 |
| 2022 | $3,682 | $316,100 | $160,000 | $156,100 |
| 2021 | $2,598 | $242,300 | $145,000 | $97,300 |
| 2020 | $2,482 | $228,700 | $135,000 | $93,700 |
| 2019 | $2,326 | $205,800 | $124,587 | $81,213 |
| 2018 | $2,311 | $182,500 | $117,684 | $64,816 |
| 2017 | $1,723 | $163,800 | $106,594 | $57,206 |
| 2016 | $1,694 | $170,400 | $111,811 | $58,589 |
| 2015 | $1,629 | $170,400 | $111,811 | $58,589 |
| 2014 | $1,409 | $171,500 | $111,945 | $59,555 |
| 2013 | $1,302 | $171,500 | $111,945 | $59,555 |
Source: Public Records
Agents Affiliated with this Home
-
Jamie DeAtley
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7027331
APN: 13.800.0010
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