NOT LISTED FOR SALE

365 N Duck Lake Ave Madison Lake, MN 56063

Estimated Value: $279,000 - $342,000

1 Bed
1 Bath
720 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $107,900 $150 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,868/month

Highlights

  • 50 Feet of Waterfront
  • Beach Access
  • Deck
  • Eagle Lake Elementary School Rated A-
  • Sandy Beach
  • Formal Dining Room

About This Home

As of May 2013

Have you every dreamed of having a place on the lake but haven't been able to afford it? This cabin may be the perfect fit at this great price. Located on Duck Lake minutes from Madison Lake, this property is a great get away or potentially year round use. No septic or well - the property offers city water and sewer as well as natural gas. Ample parking and garage. Great view of Duck Lake only a few steps away.

Last Agent to Sell the Property

Judy Conroy

RE/MAX DYNAMIC AGENTS ST. PETER License #0094618 Listed on: 03/29/2013

RE/MAX DYNAMIC AGENTS ST. PETER

Co-Listed By

Kenneth Lundberg

RE/MAX DYNAMIC AGENTS ST. PETER

Last Buyer's Agent

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,364

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 50 x 92
  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Sandy Beach

Home Design

  • Cabin
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Formal Dining Room
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R14.05.27.227.014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,364

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Cabin (L)
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Patio
  • Assessments: Yes
  • Beach Type: Sand
  • Construction: Previously Owned
  • Foundation Size: 720
  • Mechanicals: Water Softener-Owned
  • Parcel Number: R14.05.27.227.014
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 21'5x12, On Level: Main
  • Room 2: Dining Room, 11'5x10, On Level: Main
  • Room 3: Kitchen, 10'5x7, On Level: Main
  • Room 4: Bedroom, 11'7x8, On Level: Main
  • Finished Above Grade Sq Ft: 720
  • Tot Above Grade Sq Ft: 720
  • Total Fin Square Footage: 720
  • Total Square Footage: 720

Exterior Features

  • Frontage Road: County
  • Waterfront Name: Duck
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 50
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Fireplace
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50 X 92
  • Lot/Land Description: Accessible Shoreline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
May 31, 2013
Sold by
Rosenow Susann M and Rosenow Greg C
Bought by
Olson Terry L and Olson Terese M
Seller's Agent
Judy Conroy
RE/MAX DYNAMIC AGENTS ST. PETER
Buyer's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
List Price
$107,900
Sold Price
$107,900
Current Estimated Value
$301,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,843
Avg. Annual Appreciation
8.63%
Original Mortgage
$86,320
Outstanding Balance
$60,991
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$240,752
Source: Public Records

Range of Values:

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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
Olson Terry L $107,900 Dataquick Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Terry L $86,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $107,900 0.0% $150 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $107,900 -- $150 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $3,364 $261,500 $97,900 $163,600
2024 $3,364 $258,400 $97,300 $161,100
2023 $2,098 $258,700 $97,300 $161,400
2022 $1,974 $151,400 $82,700 $68,700
2021 $1,856 $136,500 $82,700 $53,800
2020 $1,732 $131,800 $82,700 $49,100
2019 $1,726 $131,800 $82,700 $49,100
2018 $1,662 $128,900 $82,700 $46,200
2017 $1,620 $128,900 $82,700 $46,200
2016 $1,584 $125,300 $82,700 $42,600
2015 $13 $124,400 $82,700 $41,700
2014 $3,022 $106,600 $68,900 $37,700
Source: Public Records

Agents Affiliated with this Home

  • Judy Conroy

    Seller's Agent in 2013

    Judy Conroy

    RE/MAX

    (507) 420-8263

    224 Total Sales

    Judy Conroy
    Section Image
  • Kenneth Lundberg

    Seller Co-Listing Agent in 2013

    Kenneth Lundberg

    RE/MAX

    (507) 351-6537

    210 Total Sales

    Kenneth Lundberg
    Section Image
  • Dennis Terrell

    Buyer's Agent in 2013

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    166 Total Sales

    Dennis Terrell
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7001833

REALTOR® Association of Southern Minnesota

APN: R14-05-27-227-014

Minnesota Blue Earth County Madison Lake 56063

365 N Duck Lake Ave, Madison Lake, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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