NOT LISTED FOR SALE

4118 Hillside Ln Madison Lake, MN 56063

Estimated Value: $732,000 - $1,001,000

3 Beds
2 Baths
1,700 Sq Ft
$491/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $325,000 $191 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,006/month

Highlights

  • Lake Front
  • Open Floorplan
  • Wood Flooring
  • Eagle Lake Elementary School Rated A-
  • Vaulted Ceiling
  • 1 Car Detached Garage

About This Home

As of February 2020

Save your weekends for the cabin! Plenty of time left to enjoy summer in this seasonal cabin on Lake Washington. This is a wonderful spot to invite your friends and family over for a BBQ, play games or go cruise the lake! With over 1,700 finished sq ft on one level, everyone has their own space. Vaulted living room, kitchen with breakfast bar, L shaped dining room, three bedrooms and 2 baths, this one is sure to please! Cozy up to the wood burning fireplace on those cool evenings. Relax on one of two decks and relish the lake views. Original hardwood floors, french doors and built in wall niches provide classic charm and character. Get ready to make memories that will last a lifetime in this lake bungalow :)

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 08/19/2019

Last Buyer's Agent

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,670

Year Built

  • 1940

Lot Details

  • 0.36 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 1 Car Detached Garage
  • Carport

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R37.05.19.227.009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,670

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Seasonal Recreational
  • Style: Cabin (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.36
  • Construction: Previously Owned
  • Foundation Size: 1700
  • L V T Date: 08/19/2019
  • Mechanicals: Water Heater-Gas
  • Parcel Number: R37.05.19.227.009
  • Stories: 1 Story
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 31x14, On Level: Main
  • Room 2: Kitchen, 11.5x10, On Level: Main
  • Room 3: Bedroom, 10x10.5, On Level: Main
  • Room 4: Bedroom, 10x10.5, On Level: Main
  • Room 5: Master Bedroom, 13x11, On Level: Main
  • Room 6: Dining Room, 27.5x20, On Level: Main
  • Finished Above Grade Sq Ft: 1700
  • Tot Above Grade Sq Ft: 1700
  • Total Fin Square Footage: 1700
  • Total Square Footage: 1700

Exterior Features

  • Frontage Road: Dead End/No Outlet, Paved
  • Waterfront Name: Washington
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Carport, Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace
  • Sewer: City
  • Water: Shared

Schools

  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 15810
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Feb 28, 2020
Sold by
Linder Trust
Bought by
Brandel Charles J and Brandel Alanna A
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
Current Estimated Value
$845,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,924
Avg. Annual Appreciation
18.00%
Original Mortgage
$260,000
Outstanding Balance
$230,267
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$604,609
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
Brandel Charles J $325,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandel Charles J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $325,000 -6.9% $191 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
10/16/2019 10/16/19 Price Changed $349,000 -6.9% $205 / Sq Ft
10/15/2019 10/15/19 Price Changed $375,000 -6.0% $221 / Sq Ft
08/19/2019 08/19/19 For Sale $399,000 -- $235 / 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 $6,670 $723,800 $211,100 $512,700
2024 $6,670 $694,100 $211,100 $483,000
2023 $3,214 $512,100 $211,100 $301,000
2022 $3,156 $372,100 $211,100 $161,000
2021 $3,112 $322,700 $211,100 $111,600
2020 $3,126 $310,500 $211,100 $99,400
2019 $2,634 $310,500 $211,100 $99,400
2018 $2,580 $269,400 $178,500 $90,900
2017 $2,464 $269,400 $178,500 $90,900
2016 $2,454 $255,700 $178,500 $77,200
2015 $24 $251,200 $178,500 $72,700
2014 $2,560 $254,200 $178,500 $75,700
Source: Public Records

Agents Affiliated with this Home

  • Jen True

    Seller's Agent in 2020

    Jen True

    TRUE REAL ESTATE

    (507) 317-4433

    446 Total Sales

    Jen True
    Section Image
  • Jason Beal

    Buyer's Agent in 2020

    Jason Beal

    JBEAL REAL ESTATE GROUP

    (507) 381-1060

    190 Total Sales

    Jason Beal
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021998

REALTOR® Association of Southern Minnesota

APN: R37-05-19-227-009

Minnesota Blue Earth County Madison Lake 56063

4118 Hillside Ln, Madison Lake, MN

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