NOT LISTED FOR SALE

316 W 5th St Madison, MN 56256

Estimated Value: $104,175 - $137,000

3 Beds
1.5 Baths
1,286 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $118,000 $92 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $769/month

64 Days on Market

Highlights

  • 1 Fireplace
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Baseboard Heating

About This Home

As of March 2023

Ready to move in - this is your house. So many updates - new windows, new flooring in kitchen and living room, basement has a new water drainage system installed. There is a one car attached garage with a breezeway and a porch leading to a 2 car detached garage that includes a heated workshop. Other updates are a new furnace in 2021 and shingles in 2018.

Last Agent to Sell the Property

Mary Olson

Dahle and Olson Realty Company Listed on: 12/20/2022

Co-Listed By

Michael Dahle

Dahle and Olson Realty Company

Last Buyer's Agent

Tristin Bothun

Peterson Team Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1950

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 65x100

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,286 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 540122010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1286
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 32x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Fireplace Features: Gas
  • Living Area: 1286
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Other Room
  • SqFtTotal: 2144.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage, Detached
  • Garage Square Feet: 288

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lac Qui Parle Valley
  • SchoolDistrictNumber: 2853
  • SchoolDistrictPhone: 320-752-4205

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x100
  • Lot Size Sq Ft: 6446.88
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 540122010
  • Tax Annual Amount: 35
  • TaxWithAssessments: 35.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 30, 2023
Sold by
Ferdinandt Terry Lee
Bought by
Silva Gloria Maria
Seller's Agent
Mary Olson
Dahle and Olson Realty Company
Buyer's Agent
Tristin Bothun
Peterson Team Realty
List Price
$118,000
Sold Price
$118,000
Views
73
Current Estimated Value
$119,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,294
Avg. Annual Appreciation
-0.80%
Original Mortgage
$111,400
Outstanding Balance
$108,740
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$6,976

Purchase Details

Listed on
Dec 20, 2022
Closed on
Feb 28, 2023
Sold by
Ferdinandt Terry
Bought by
Silva Gloria
Seller's Agent
Mary Olson
Dahle and Olson Realty Company
Buyer's Agent
Tristin Bothun
Peterson Team Realty
List Price
$118,000
Sold Price
$118,000
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,400
Outstanding Balance
$108,740
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$6,976

Purchase Details

Closed on
Jul 7, 2021
Sold by
Ludvigson Delite M and Ludvigson Thomas
Bought by
Ferdinandt Terry L
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Silva Gloria Maria $118,000 --
Silva Gloria $118,000 --
Ferdinandt Terry L $80,000 None Available
Ludvigson Delite M $3,000 None Available
Ferdinandt Terry Terry $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Gloria Maria $111,400
Closed Silva Gloria $117,500
Closed Silva Gloria Maria $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $118,000 0.0% $92 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $118,000 -- $92 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
Source: NorthstarMLS

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
2024 $1,424 $105,000 $3,000 $102,000
2023 $1,126 $93,600 $3,000 $90,600
2022 $35 $66,900 $3,000 $63,900
2021 $658 $62,500 $3,000 $59,500
2020 $636 $52,000 $3,000 $49,000
2019 $570 $50,400 $3,000 $47,400
2018 $530 $48,600 $3,000 $45,600
2017 $468 $43,400 $3,000 $40,400
2016 $454 $38,800 $3,000 $35,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6318145

NorthstarMLS

APN: 54-0122-010