$255,000
SOLD OCT 30, 2015

28926 W Lake Dr Madison Lake, MN 56063

2 Beds
1.5 Baths
1,716 Sq Ft
1.31 Acres

Recently Sold

$149 Per Sq Ft

15% Below List Price

162 Days on Market

Highlights

  • 178 Feet of Waterfront
  • Vaulted Ceiling
  • Formal Dining Room
  • Docks
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of November 2016

178 feet of West Jefferson Lakeshore on 1.31 acres! You'll love the gentle slope to the lake and the privacy of being the last house on West Lake Drive! This house has so much too offer and tons of potential to finish another $1,000 + sq ft in the basement! The main level features a nice family rm/den (or possibly a 3rd bedroom) with beautiful/vaulted knotty pine ceilings. A nice living/dining/kitchen area with sliding door to patio and lake, vaulted ceilings, and a gas fireplace. 2 bedrooms (one with a vanity, the other with a 1/2 bath). Last but not least - a full updated bath remodeled in 2012 with a separate tub and shower all nicely tiled. Other updates include: 2014 - new a/c unit, exterior painted, and radon mitigation system. 2013 - new garage floor, new roof in 2004. Hewitt Boat Lift and Dock will stay along with the front loading washer and dryer, and central vac. This could be the lake home you've been waiting for at such a modest price!

Last Agent to Sell the Property

Judy Conroy

RE/MAX DYNAMIC AGENTS ST. PETER License #0094618 Listed on: 03/02/2015

RE/MAX DYNAMIC AGENTS ST. PETER

Co-Listed By

Kenneth Lundberg

RE/MAX DYNAMIC AGENTS ST. PETER

Last Buyer's Agent

Christine Thomas

LAKE SHORES & MORE REALTY License #20101389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,572

Year Built

  • 1979

Lot Details

  • 1.31 Acre Lot
  • 178 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,716 Sq Ft Home
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Docks
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

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: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups, Smoke Alarms (L)
  • Amenities Exterior: Dock, Patio
  • Estimated Number of Acres: 1.31
  • Construction: Previously Owned
  • Foundation Size: 1216
  • Mechanicals: Central Vacuum, Water Softener-Owned, Sump Pump
  • Parcel Number: 13.430.0230
  • Price Per Square Foot: 92
  • Sold Price Per Sq Ft: 87
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 994
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x13'5, On Level: Main
  • Room 2: Dining Room, 9'7x12, On Level: Main
  • Room 3: Kitchen, 15x11'5, On Level: Main
  • Room 4: Family Room, 19'5x15, On Level: Main
  • Room 5: Bedroom, 13'8x10, On Level: Main
  • Room 6: Master Bedroom, 14x9, On Level: Main
  • Room 7: 12x8'9, On Level: Main
  • Basement Features: Sump Pump, 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: 2920
  • Tot Below Grade Sq Ft: 1204

Exterior Features

  • Frontage Road: County
  • Waterfront Name: West Jefferson
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 178
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 400

Utilities

  • Cooling: Wall, Ductless Unit
  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: Private
  • Water: Private

Schools

  • School District: Cleveland #391

Lot Info

  • Estimated Lot Dimensions: 1.31 acres

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

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Range of Values:

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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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7007547

REALTOR® Association of Southern Minnesota

APN: 13.430.0230