NOT LISTED FOR SALE

39 3rd St NE Madelia, MN 56062

Estimated Value: $71,000 - $153,000

2 Beds
1.5 Baths
1,188 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $25,000 $21 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $683/month

Highlights

  • Cape Cod Architecture
  • Bathroom on Main Level
  • Water Softener is Owned
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Storage Shed

About This Home

As of September 2018

Don't miss out on this farm style home located on a quiet street with a very large yard! This home features 2 large bedrooms, 2 baths, vinyl siding and a large detached garage for the cars and toys! Just blocks from the elementary school, this is the home for you! Perfect for a first-time home buyer, handyman or investment property. Call to schedule your showing today, before this one gets snagged up!

Last Agent to Sell the Property

Lanaye Kral

VALLEY PROPERTIES Listed on: 06/08/2018

Co-Listed By

Paula Kral

HOME REAL ESTATE AND PROPERTY MANAGEMENT LLC License #40509271

Last Buyer's Agent

Paula Kral

HOME REAL ESTATE AND PROPERTY MANAGEMENT LLC License #40509271

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • 1880

Lot Details

  • 0.25

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

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

Additional Features

  • Storage Shed
  • 0.25 Acre Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 173280230

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

1880

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Cape Cod (L)
  • Estimated Number of Acres: 0.25
  • Foreclosure: Yes
  • Foundation Size: 792
  • L V T Date: 06/11/2018
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 173280230
  • Price Per Square Foot: 18
  • Sold Price Per Sq Ft: 16
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 668
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1188
  • Tot Above Grade Sq Ft: 1188
  • Total Fin Square Footage: 1188
  • Total Square Footage: 1584
  • Tot Below Grade Sq Ft: 396

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Sep 5, 2018
Sold by
Nrz Reo X Llc
Bought by
Bonilla Jose Arce
Seller's Agent
Lanaye Kral
VALLEY PROPERTIES
Buyer's Agent
Paula Kral
HOME REAL ESTATE AND PROPERTY MANAGEMENT LLC
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%
Current Estimated Value
$112,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,349
Avg. Annual Appreciation
23.57%
Original Mortgage
$15,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Bonilla Jose Arce $25,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bonilla Jose Arce $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $25,000 -10.4% $21 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $27,900 -20.1% $23 / Sq Ft
06/08/2018 06/08/18 For Sale $34,900 -- $29 / 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 $1,072 $74,500 $21,800 $52,700
2024 $1,012 $74,500 $21,800 $52,700
2023 $982 $72,900 $18,800 $54,100
2022 $962 $61,400 $17,600 $43,800
2021 $846 $52,800 $16,300 $36,500
2020 $740 $45,200 $16,300 $28,900
2019 $834 $41,100 $16,300 $24,800
2018 $668 $45,200 $16,300 $28,900
2016 $380 $31,900 $16,300 $15,600
2014 -- $43,600 $16,300 $27,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7018040

REALTOR® Association of Southern Minnesota

APN: 17.328.0230