$300,000
SOLD NOV 9, 2016

28926 W Lake Dr Madison Lake, MN 56063

3 Beds
2 Baths
1,716 Sq Ft
1.31 Acres

Recently Sold

$175 Per Sq Ft

12% Below List Price

59 Days on Market

Highlights

  • Lake Front
  • Sandy Beach
  • 2 Car Attached Garage
  • Docks
  • Breakfast Area or Nook
  • Patio

About This Home

As of November 2016

If you are looking for a level lot with a huge yard....look no further! This home has been freshly painted inside. This home offers room to grow with an unfinished basement. Lots of yard space for when the family comes to the lake! Fabulous home at a great price!

Last Agent to Sell the Property

Christine Thomas

LAKE SHORES & MORE REALTY License #20101389 Listed on: 07/22/2016

Last Buyer's Agent

Sonja Zoet

REAL BROKER, LLC License #40571335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,572

Year Built

  • 1979

Lot Details

  • 1.31 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Sandy Beach
  • Landscaped
  • Irregular Lot
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Docks
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 13.430.0230

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,572

Year Built

1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island
  • Amenities Exterior: Dock, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 1.31
  • Beach Type: Sand, Soft, Weeds/Reeds
  • Construction: Previously Owned
  • Foundation Size: 1216
  • L V T Date: 07/22/2016
  • Mechanicals: Central Vacuum, Water Heater-Gas, Water Softener-Owned, Sump Pump
  • Parcel Number: 13.430.0230
  • Price Per Square Foot: 109
  • Sold Price Per Sq Ft: 102
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 2402
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Dining Room: Breakfast Nook, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: In Living Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x13, On Level: Main
  • Room 2: Dining Room, 10x12, On Level: Main
  • Room 3: Kitchen, 15x11, On Level: Main
  • Room 4: Bedroom, 19x15, On Level: Main
  • Room 5: Master Bedroom, 14x10, On Level: Main
  • Room 6: Bedroom, 13x10, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1716
  • Tot Above Grade Sq Ft: 1716
  • Total Fin Square Footage: 1716
  • Total Square Footage: 2932
  • Tot Below Grade Sq Ft: 1216

Exterior Features

  • Frontage Road: County
  • Waterfront Name: West Jefferson
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: Private
  • Water: Private

Schools

  • School District: Cleveland #391

Lot Info

  • Estimated Lot Dimensions: irreg
  • Lot/Land Description: Irregular Lot, Landscaped, Tree Coverage - Light, Paved Streets, Telephone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Nov 9, 2016
Sold by
Steffen Jill Jill
Bought by
Wilson Joy Joy
Seller's Agent
Christine Thomas
LAKE SHORES & MORE REALTY
Buyer's Agent
Sonja Zoet
REAL BROKER, LLC
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%
Current Estimated Value
$595,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,428
Avg. Annual Appreciation
7.41%
Original Mortgage
$275,793
Outstanding Balance
$223,421
Interest Rate
3.54%
Estimated Equity
$339,014

Purchase Details

Listed on
Mar 2, 2015
Closed on
Oct 30, 2015
Sold by
Sadler Henry Henry
Bought by
Steffen Jill Jill
Seller's Agent
Judy Conroy
RE/MAX DYNAMIC AGENTS ST. PETER
Buyer's Agent
Christine Thomas
LAKE SHORES & MORE REALTY
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%
Original Mortgage
$204,000
Interest Rate
3.76%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $300,000 --
Deed $255,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,793 No Value Available
Previous Owner $204,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $300,000 -11.7% $175 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $339,900 +33.3% $198 / Sq Ft
10/30/2015 10/30/15 Sold $255,000 -15.0% $149 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $299,900 -- $175 / 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 $5,572 $469,300 $209,900 $259,400
2024 $5,764 $479,700 $227,600 $252,100
2023 $5,888 $476,500 $227,600 $248,900
2022 $5,376 $443,700 $200,000 $243,700
2021 $4,100 $362,300 $185,000 $177,300
2020 $3,978 $345,800 $175,000 $170,800
2019 $3,622 $334,900 $171,668 $163,232
2018 $3,607 $289,500 $159,331 $130,169
2017 $2,713 $264,000 $148,046 $115,954
2016 $2,402 $271,000 $153,324 $117,676
2015 $2,337 $282,800 $160,000 $122,800
2014 $2,193 $271,000 $153,324 $117,676
2013 $984 $132,800 $75,134 $57,666
Source: Public Records

Agents Affiliated with this Home

  • Christine Thomas

    Seller's Agent in 2016

    Christine Thomas

    LAKE SHORES & MORE REALTY

    (507) 420-2973

    73 Total Sales

    Christine Thomas
    Section Image
  • Sonja Zoet

    Buyer's Agent in 2016

    Sonja Zoet

    REAL BROKER, LLC

    (507) 351-5728

    226 Total Sales

    Sonja Zoet
    Section Image
  • Judy Conroy

    Seller's Agent in 2015

    Judy Conroy

    RE/MAX

    (507) 420-8263

    235 Total Sales

    Judy Conroy
    Section Image
  • Kenneth Lundberg

    Seller Co-Listing Agent in 2015

    Kenneth Lundberg

    RE/MAX

    (507) 351-6537

    222 Total Sales

    Kenneth Lundberg
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7012338

REALTOR® Association of Southern Minnesota

APN: 13.430.0230

Minnesota Blue Earth County Madison Lake 56017

28926 W Lake Dr, Madison Lake, MN

This home is located at 28926 W Lake Dr, Madison Lake, MN 56063 and is currently priced at $300,000, approximately $174 per square foot. This property was built in 1979. 28926 W Lake Dr is a home located in Blue Earth County with nearby schools including Cleveland Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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