NOT LISTED FOR SALE

28672 W Lake Dr Madison Lake, MN 56063

Estimated Value: $410,478 - $873,000

2 Beds
3 Baths
5,968 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $322,000 $54 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,520/month

7 Days on Market

Highlights

  • 97 Feet of Waterfront
  • Ranch Style House
  • Patio
  • Sandy Beach
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of June 2022

This charming home on Lake Jefferson offers peaceful lake living. While it is in need of some TLC, once done up, it will be the perfect home for a lake lover.

Last Agent to Sell the Property

Dan Wingert

CENTURY 21 ATWOOD License #00081232 Listed on: 05/18/2022

CENTURY 21 ATWOOD

Last Buyer's Agent

Sonja Zoet

REAL BROKER, LLC License #40571335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,146

Year Built

  • Built in 1965

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 79x235x97x271
  • 97 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 5,968 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Dining Room
  • Open Floorplan
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 13.430.0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,146

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Tiled Floors
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.46
  • Assessments: Yes
  • Beach Type: Sand
  • Construction: Previously Owned
  • Foundation Size: 2984
  • L V T Date: 05/18/2022
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 13.430.0050
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Electric
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, 3/4 Primary, Main Floor 3/4 Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Primary Bedroom, 22'x15'
  • Room 2: Living Room, 45'x21'
  • Room 3: Kitchen, 21'x15'
  • Room 4: Den/Office, 12'x10'
  • Room 5: Den/Office, 15'x10'
  • Room 6: Bedroom, 12'x12'
  • Room 7: 27'x15'
  • Room 8: Living Room, 27'x15'
  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Tot Above Grade Sq Ft: 2984
  • Total Square Footage: 5968
  • Tot Below Grade Sq Ft: 2984

Exterior Features

  • Frontage Road: Dead End/No Outlet
  • Waterfront Name: West Jefferson
  • Construction Type: Frame/Wood
  • Exterior: Stone, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 97.14
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric, Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Shared

Lot Info

  • Estimated Lot Dimensions: 79x235x97x271

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2022
  • Tax Value: 6146.4

MLS Schools

  • School District: LeCenter #392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 13, 2022
Sold by
Swenson Mark and Swenson R.
Bought by
Colakovic Stevan
Seller's Agent
Dan Wingert
CENTURY 21 ATWOOD
Buyer's Agent
Sonja Zoet
REAL BROKER, LLC
List Price
$374,900
Sold Price
$322,000
Premium/Discount to List
-$52,900
-14.11%
Current Estimated Value
$614,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,493
Avg. Annual Appreciation
21.14%

Purchase Details

Closed on
Aug 30, 2018
Sold by
Swenson R Victor and Swenson Sharon L
Bought by
Swenson David J and Swenson Mark A
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
Colakovic Stevan $322,000 --
Swenson David J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $322,000 -14.1% $54 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $374,900 -- $63 / 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 $3,452 $326,500 $209,700 $116,800
2024 $3,582 $360,400 $206,200 $154,200
2023 $1,824 $358,400 $206,200 $152,200
2022 $7,462 $366,000 $280,000 $86,000
2021 $6,128 $441,900 $215,000 $226,900
2020 $7,332 $423,600 $205,000 $218,600
2019 $6,668 $515,300 $230,000 $285,300
2018 $6,608 $448,700 $220,000 $228,700
2017 $4,952 $416,100 $210,000 $206,100
2016 $4,726 $425,300 $215,000 $210,300
2015 $4,616 $425,300 $215,000 $210,300
2014 $4,128 $429,400 $215,000 $214,400
2013 $3,810 $429,400 $215,000 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029827

REALTOR® Association of Southern Minnesota

APN: 13.430.0050