NOT LISTED FOR SALE

4102 Hillside Ln Madison Lake, MN 56063

Estimated Value: $275,825 - $582,000

3 Beds
1 Bath
788 Sq Ft
$479/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $129,040 $164 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,157/month

Highlights

  • Deeded Waterfront Access Rights
  • 1 Car Detached Garage
  • Bungalow
  • Eagle Lake Elementary School Rated A-
  • Patio
  • 1-Story Property

About This Home

As of September 2012

Move-In Ready 3 Bedroom Bungalow. Large lot, mature trees with 2nd 39x7 sub lot large enough for personal dock with access to Lake Washington. Brand new roof and vinyl siding. Well-kept and updated interior is ready to be furnished for your "at the lake" activities. This is a perfect family lake home with minimal lake property maintenance or for that buyer seeking serenity just minutes from the city. All appliances included. Seller to pay remaining balance of assessments with acceptable offer.

Last Agent to Sell the Property

Andrew Kolars

REALTY EXECUTIVES ASSOCIATES License #20337744 Listed on: 02/27/2012

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • 1930

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Block Exterior
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 788 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Patio
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R37.05.19.227.027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Bungalow (L)
  • Amenities: Ceiling Fans, Garage Door Opener, Smoke Alarms (L), Window Coverings (L)
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.18
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Owned, Sump Pump
  • Parcel Number: R37.05.19.227.027
  • Stories: 1 Story
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Master Bedroom, 11x10, On Level: Main
  • Room 2: Bedroom, 10x10, On Level: Main
  • Room 3: Bedroom, 12x9, On Level: Main
  • Room 5: Kitchen, 12x10, On Level: Main
  • Room 6: -x-
  • Room 7: 20x12, On Level: Main
  • Room 8: -x-
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 788
  • Tot Above Grade Sq Ft: 788
  • Total Fin Square Footage: 788
  • Total Square Footage: 788

Exterior Features

  • Waterfront Name: Washington
  • Construction Type: Concrete Block
  • Exterior: Block, Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Deeded Access

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: City
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 110x70 Sublot 2 39x7
  • Lot/Land Description: Accessible Shoreline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
Oct 19, 2012
Sold by
Newton Douglas E
Bought by
Ludwik Michael J
Seller's Agent
Andrew Kolars
REALTY EXECUTIVES ASSOCIATES
List Price
$160,000
Sold Price
$129,040
Premium/Discount to List
-$30,960
-19.35%
Current Estimated Value
$377,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,666
Avg. Annual Appreciation
8.54%
Original Mortgage
$97,500
Outstanding Balance
$67,991
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$309,715

Purchase Details

Listed on
Feb 27, 2012
Closed on
Sep 18, 2012
Sold by
Newton Maureen E
Bought by
Newton Douglas E
Seller's Agent
Andrew Kolars
REALTY EXECUTIVES ASSOCIATES
List Price
$160,000
Sold Price
$129,040
Premium/Discount to List
-$30,960
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Outstanding Balance
$67,991
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$309,715
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
Ludwik Michael J $129,400 Rels Title
Newton Douglas E -- Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwik Michael J $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $129,040 -19.4% $164 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $160,000 -- $203 / 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 $2,038 $242,400 $106,500 $135,900
2024 $2,038 $230,500 $106,400 $124,100
2023 $1,872 $230,900 $106,400 $124,500
2022 $1,802 $218,900 $106,400 $112,500
2021 $1,782 $187,500 $106,400 $81,100
2020 $1,782 $180,500 $106,400 $74,100
2019 $1,458 $180,500 $106,400 $74,100
2018 $1,376 $153,200 $85,700 $67,500
2017 $1,294 $148,100 $85,700 $62,400
2016 $1,280 $138,800 $85,700 $53,100
2015 $13 $135,600 $85,700 $49,900
2014 $2,720 $138,200 $85,700 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Andrew Kolars

    Seller's Agent in 2012

    Andrew Kolars

    Realty Executives

    (507) 317-7777

    78 Total Sales

    Andrew Kolars
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 130555

REALTOR® Association of Southern Minnesota

APN: R37-05-19-227-027

Minnesota Blue Earth County Madison Lake 56050

4102 Hillside Ln, Madison Lake, MN

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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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