NOT LISTED FOR SALE

3188 261st Ave Madison, MN 56256

Estimated Value: $89,000 - $189,000

3 Beds
2 Baths
1,152 Sq Ft
$103/Sq Ft Est. Value

About This Home

This home is located at 3188 261st Ave, Madison, MN 56256 and is currently estimated at $118,940, approximately $103 per square foot. 3188 261st Ave is a home located in Lac qui Parle County with nearby schools including Lac qui Parle Valley Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Russel Borstad
Bought by
Hoffmann Zachary A and Johnson Casey M
Current Estimated Value
$118,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$14,946
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$103,994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hoffmann Zachary A $80,000 Swenson Nelson & Stulz Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Zachary A $64,000
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 $500 $94,000 $28,200 $65,800
2024 $426 $74,300 $21,700 $52,600
2023 $406 $71,800 $20,400 $51,400
2022 $342 $53,500 $19,200 $34,300
2021 $380 $53,000 $18,700 $34,300
2020 $376 $60,100 $18,700 $41,400
2019 $312 $59,800 $16,700 $43,100
2018 $298 $58,200 $15,100 $43,100
2017 $268 $52,800 $13,400 $39,400
2016 $258 $47,800 $13,400 $34,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Minnesota Lac Qui Parle County Madison 56256

3188 261st Ave, Madison, MN

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