Seller's Agent in 2022
Jen True
TRUE REAL ESTATE
(507) 317-4433
446 Total Sales
3009 Mustang Dr Madison Lake, MN 56063
Estimated Value: $885,000 - $1,008,000
4
Beds
4
Baths
4,600
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Boathouse
- 225 Feet of Waterfront
- Boat Slip
- Eagle Lake Elementary School Rated A-
- Sandy Beach
- Spa
About This Home
As of May 2022This tranquil waterfront property with 3.5 acres of land is waiting for you to call it home. With over 5200 square feet, this four bedroom, four bathroom home has ample space for everyone. The open kitchen is a great space to entertain, has in-floor heat, granite countertops and a large walk-in pantry. The sunroom is a perfect place for enjoying your morning coffee with lake views. Upstairs the owner's suite offers great privacy, walk-in closets and a large en-suite bathroom, complete with a jetted tub. Any movie buff or sports fanatic will love the theater room, complete with stadium seating and a new HD projector. The over-sized four-stall garage is great for your vehicles, outdoor toys and storage. The 3.5 acres on this property offers great views of Lake Ballantyne with beautiful sunsets. Don't miss your opportunity to own a gorgeous lake property.
Last Buyer's Agent
Non Member
Non-Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,714
Year Built
- 2001
Lot Details
- 3.5 Acre Lot
- 225 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Sandy Beach
- Irregular Lot
- Landscaped with Trees
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Shingled Roof
- Metal Siding
- Stone Exterior Construction
Interior Spaces
- Central Vacuum
- Ceiling Fan
- Gas Fireplace
- Combination Kitchen and Dining Room
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
- Basement Window Egress
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Car Attached Garage
- Garage Door Opener
- Driveway
- RV Access or Parking
Outdoor Features
- Spa
- Boat Slip
- Boathouse
- Deck
Utilities
- Forced Air Heating and Cooling System
- Furnace Humidifier
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number R37.05.33.226.005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2022
Closed on
Apr 29, 2022
Sold by
Thomas Jeremy
Bought by
Gunderson Bradley and Gunderson Therese
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Non Member
Non-Member
List Price
$875,000
Sold Price
$875,000
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
$74,877
Avg. Annual Appreciation
2.39%
Original Mortgage
$787,500
Outstanding Balance
$740,277
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$209,600
Purchase Details
Listed on
Jan 5, 2017
Closed on
Jun 26, 2017
Sold by
Wolf Michael J and Wolf Lori L
Bought by
Thomas Jeremy P
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Sarah Allen
TRUE REAL ESTATE
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$424,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2014
Sold by
Piowlski John M and Piowlski Lori R
Bought by
Wolf Michael J
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 |
|---|---|---|---|
| Gunderson Bradley | $875,000 | -- | |
| Thomas Jeremy P | $530,000 | North American Title Co | |
| Wolf Michael J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gunderson Bradley | $787,500 | |
| Previous Owner | Thomas Jeremy P | $424,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2022 05/05/22 | Sold | $875,000 | 0.0% | $190 / Sq Ft | |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- | |
| 03/21/2022 03/21/22 | For Sale | $875,000 | 0.0% | $190 / Sq Ft | |
| 03/18/2022 03/18/22 | Off Market | $875,000 | -- | -- | |
| 06/27/2017 06/27/17 | Sold | $530,000 | -11.5% | $154 / Sq Ft | View Prior Sale |
| 01/26/2017 01/26/17 | Pending | -- | -- | -- | |
| 01/05/2017 01/05/17 | For Sale | $599,000 | -- | $174 / Sq Ft |
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 | $8,714 | $898,600 | $153,800 | $744,800 |
| 2024 | $8,714 | $855,100 | $153,800 | $701,300 |
| 2023 | $7,572 | $863,400 | $153,800 | $709,600 |
| 2022 | $7,202 | $778,000 | $153,800 | $624,200 |
| 2021 | $6,910 | $686,200 | $153,800 | $532,400 |
| 2020 | $6,752 | $633,700 | $153,800 | $479,900 |
| 2019 | $6,144 | $633,700 | $153,800 | $479,900 |
| 2018 | $6,532 | $599,200 | $153,800 | $445,400 |
| 2017 | $7,844 | $641,200 | $153,800 | $487,400 |
| 2016 | $7,634 | $568,100 | $153,800 | $414,300 |
| 2015 | $78 | $543,800 | $153,800 | $390,000 |
| 2014 | -- | $558,900 | $153,800 | $405,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jen True
-
N
Buyer's Agent in 2022
Non Member
Non-Member
-
S
Buyer's Agent in 2017
Sarah Allen
TRUE REAL ESTATE
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7029260
APN: R37-05-33-226-005
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