NOT LISTED FOR SALE

322 Western Ave Madison, MN 56256

Estimated Value: $94,000 - $124,000

3 Beds
2 Baths
1,662 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $98,000 $59 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $632/month

70 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Water Softener is Owned

About This Home

As of May 2024

YOU WILL BE PLEASED WITH THE HUGE OPEN SPACE IN THIS HOUSE! KITCHEN DINING AND LIVINGROOM ARE ALL OPEN TO EACH OTHER. OPEN STAIR RAIL. DINING AREA WALKS OUT TO A VERY LARGE DECK. KITCHEN OFFERS TONS OF CABINET/COUNTER SPACE! BEAUTIFUL CABINETS. UPSTAIRS OFFERS A FULL BATH AND 3 BEDROOMS. ALL APPLIANCES MAY STAY. LAUNDRY IN BASEMENT, NEWER HOTWATER HEATER. WATER SOFTENER IS OWNED. NICE CORNER LOT WITH 2 CAR DETACHED GARAGE. PATIO BEHIND GARAGE.

Last Agent to Sell the Property

Dawn Peterson

Peterson Team Realty Listed on: 02/21/2024

Last Buyer's Agent

Joleen Marczak

Weichert REALTORS Tower Properties

Weichert REALTORS Tower Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 540499000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1362
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1662
  • Fireplace: No
  • Below Grade Finished Sq Ft: 300
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x140
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 540499000
  • Tax Annual Amount: 1174
  • TaxWithAssessments: 1174.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 31, 2024
Sold by
Mork Dustin
Bought by
Kvam Adam and Kvam Wendy
Seller's Agent
Dawn Peterson
Peterson Team Realty
Buyer's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
List Price
$109,500
Sold Price
$98,000
Premium/Discount to List
-$11,500
-10.5%
Views
112
Current Estimated Value
$105,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,840
Avg. Annual Appreciation
4.99%
Original Mortgage
$97,500
Outstanding Balance
$96,275
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$9,565

Purchase Details

Closed on
Sep 29, 2010
Sold by
Skallerud Sheryl
Bought by
Mork Dustin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,523
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kvam Adam $98,000 --
Mork Dustin D $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kvam Adam $97,500
Previous Owner Mork Dustin D $49,523
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $98,000 -10.5% $59 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $109,500 -- $66 / Sq Ft
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 $938 $72,700 $5,000 $67,700
2023 $1,272 $83,100 $5,000 $78,100
2022 $1,144 $72,100 $5,000 $67,100
2021 $1,028 $67,900 $5,000 $62,900
2020 $1,006 $55,500 $5,000 $50,500
2019 $954 $53,800 $5,000 $48,800
2018 $778 $53,800 $5,000 $48,800
2017 $790 $36,100 $5,000 $31,100
2016 $776 $38,100 $5,000 $33,100
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: 6492516

NorthstarMLS

APN: 54-0499-000