NOT LISTED FOR SALE

402 Cherry Ave Madison Lake, MN 56063

Estimated Value: $429,000 - $560,000

3 Beds
2 Baths
1,680 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 402 Cherry Ave, Madison Lake, MN 56063 and is currently estimated at $473,952, approximately $282 per square foot. 402 Cherry Ave is a home located in Blue Earth County with nearby schools including Eagle Lake Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2013
Sold by
Omtvedt David M and Omtvedt Sarah D
Bought by
Domas Corey and Miller Abegail
Current Estimated Value
$473,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Outstanding Balance
$106,618
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$367,334
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Domas Corey $157,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domas Corey $151,500
Source: Public Records

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 $5,518 $495,500 $27,500 $468,000
2024 $5,518 $411,200 $31,400 $379,800
2023 $4,814 $377,400 $27,500 $349,900
2022 $4,238 $333,200 $27,500 $305,700
2021 $4,018 $278,300 $27,500 $250,800
2020 $3,176 $227,200 $27,500 $199,700
2019 $2,922 $227,200 $27,500 $199,700
2018 $2,838 $206,700 $27,500 $179,200
2017 $2,444 $206,700 $27,500 $179,200
2016 $2,338 $183,700 $18,400 $165,300
2015 $21 $180,200 $18,400 $161,800
2014 $2,590 $498,300 $55,200 $443,100
Source: Public Records

Map

Minnesota Blue Earth County Madison Lake 56063

402 Cherry Ave, Madison Lake, MN

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