K
Seller's Agent in 2021
Krista Lunz
TRUE REAL ESTATE
(507) 380-9312
62 Total Sales
322 1st St SW Madelia, MN 56062
Estimated Value: $175,000 - $203,000
3
Beds
2
Baths
2,571
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Formal Dining Room
- Woodwork
- Corner Lot
- 1 Car Detached Garage
- Landscaped with Trees
About This Home
As of May 2021Check out this updated charmer in the heart of Madelia! If you prefer natural, original woodwork and hard wood floors, then this is the house for you! On the upper level of this two story home- you will find 3 bedrooms and a full bathroom. There is also a walk up attic that is great for storage or could be finished off in the future. In each of the three bedrooms you will notice two big windows and a good sized closed. On the main level is the kitchen, formal dining room with a beautiful, built in hutch, and a living room. An added bonus, to this home, is that both the front and back entrances have an enclosed porch area that is great for storing extra coats or shoes or just to use as an extension of the living space. In the basement you will find an additional living room, that has been finished off in knotty pine, an extra pantry or storage closet, a ¾ bath combined with laundry room, and a bonus room that could be made into a 4th bedroom with the addition of an egress window. Some other notable features of this home are the electrical and plumbing have been updated, gutters and downspouts were added approximately 10 years ago when the roof was replaced, the exterior has been professionally painted, and so much more! You must see this home in person to truly appreciate all it has to offer!
Last Agent to Sell the Property
TRUE REAL ESTATE License #40381042 Listed on: 03/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,924
Year Built
- 1912
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 70x140
- Corner Lot
- Landscaped with Trees
Home Design
- Poured Concrete
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Ceiling Fan
- Formal Dining Room
- Wood Flooring
- Walkup Attic
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 1 Car Detached Garage
- Garage Door Opener
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 171001350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
May 17, 2021
Sold by
Arkell Donald Donald
Bought by
Mcgowan Alexandria Alexandria
Seller's Agent
Krista Lunz
TRUE REAL ESTATE
Buyer's Agent
Rebecca Thate
Re/Max Advantage Plus Mankato
List Price
$169,000
Sold Price
$171,000
Premium/Discount to List
$2,000
1.18%
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
$22,869
Avg. Annual Appreciation
2.97%
Original Mortgage
$171,000
Outstanding Balance
$155,251
Interest Rate
2.94%
Estimated Equity
$38,829
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 |
|---|---|---|---|
| Mcgowan Alexandria Alexandria | $171,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgowan Alexandria Alexandria | $171,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $171,000 | +1.2% | $67 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $169,000 | -- | $66 / 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 | $1,924 | $161,800 | $19,600 | $142,200 |
| 2024 | $2,162 | $161,800 | $19,600 | $142,200 |
| 2023 | $2,262 | $175,900 | $17,000 | $158,900 |
| 2022 | $490 | $162,400 | $15,900 | $146,500 |
| 2021 | $424 | $38,300 | $14,700 | $23,600 |
| 2020 | $520 | $31,600 | $14,700 | $16,900 |
| 2019 | $868 | $28,200 | $14,700 | $13,500 |
| 2018 | $934 | $68,800 | $14,700 | $54,100 |
| 2016 | $714 | $67,300 | $14,700 | $52,600 |
| 2014 | -- | $63,000 | $14,700 | $48,300 |
Source: Public Records
Agents Affiliated with this Home
-
Krista Lunz
-
Rebecca Thate
Buyer's Agent in 2021
Rebecca Thate
RE/MAX
(507) 553-6442
254 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7026503
APN: 17.100.1350
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