NOT LISTED FOR SALE

416 3rd St SW Unit 416 3rd Madelia, MN 56062

Estimated Value: $284,000 - $309,000

4 Beds
2 Baths
2,882 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $179,500 $62 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,895/month

9 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Walk-In Closet
  • 2 Car Attached Garage
  • Woodwork
  • Patio

About This Home

As of March 2020

SO MUCH POTENTIAL! This walk-out rambler is in great condition and offers over 3,200 sq. ft with a large yard. The main floor features a huge combined dinning and sitting room with large picture windows, kitchen with ample storage and newer appliances, large living room, two nice-sized bedrooms with double closets and full bathroom. The lower level offers a HUGE, open family room with walk-out, 3/4 bath, combined utility and storage room and two more bedrooms. One of the bedrooms on the lower level has a smaller window (not egress). GREAT storage on both levels of this home. Newer roof, water heater, appliances and steel siding. Making a few cosmetic updates to this home would add great equity! Come take a look for yourself!

Last Agent to Sell the Property

ARIN MEYER

JBEAL REAL ESTATE GROUP Listed on: 01/16/2020

Last Buyer's Agent

Jackie Graham

TRUE REAL ESTATE License #40292976

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,024

Year Built

  • 1971

Lot Details

  • 0.36

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

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

Additional Features

  • Air Exchanger
  • Patio
  • 0.36 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 177010020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,024

Year Built

1971

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.36
  • Assessment Balance: 35
  • Assessments: Yes
  • Foundation Size: 1632
  • L V T Date: 01/15/2020
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 177010020
  • Price Per Square Foot: 56
  • Sold Price Per Sq Ft: 55
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2812
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 16x12, On Level: Main
  • Room 2: Dining Room, 21x14, On Level: Main
  • Room 3: Living Room, 20x16, On Level: Main
  • Room 4: Bedroom, 12x11, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Family Room, 29x16, On Level: Lower
  • Room 7: 12x12, On Level: Lower
  • Room 8: Bedroom, 15x10, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1632
  • Below Grade Finished Sq Ft: 1250
  • Tot Above Grade Sq Ft: 1632
  • Total Fin Square Footage: 2882
  • Total Square Footage: 3264
  • Tot Below Grade Sq Ft: 1632

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 15,825 sq ft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Mar 20, 2020
Sold by
Anderson Eugene Eugene
Bought by
Oldenburg Dustin Dustin
Seller's Agent
ARIN MEYER
JBEAL REAL ESTATE GROUP
Buyer's Agent
Jackie Graham
TRUE REAL ESTATE
List Price
$182,500
Sold Price
$179,500
Premium/Discount to List
-$3,000
-1.64%
Current Estimated Value
$284,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,452
Avg. Annual Appreciation
9.48%
Original Mortgage
$164,462
Outstanding Balance
$146,679
Interest Rate
3.65%
Estimated Equity
$145,793
Source: Public Records

Range of Values:

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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
Oldenburg Dustin Dustin $179,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldenburg Dustin Dustin $164,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $179,500 -1.6% $62 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $182,500 +1.7% $63 / Sq Ft
01/15/2020 01/15/20 Off Market $179,500 -- --
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 $4,024 $279,500 $31,700 $247,800
2024 $3,656 $302,800 $31,700 $271,100
2023 $3,552 $279,800 $26,200 $253,600
2022 $3,352 $240,400 $24,500 $215,900
2021 $3,372 $204,300 $22,700 $181,600
2020 $2,736 $201,100 $22,700 $178,400
2019 $2,812 $174,200 $22,700 $151,500
2018 $2,902 $174,200 $22,700 $151,500
2016 $2,084 $160,800 $22,700 $138,100
2014 -- $141,600 $22,700 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7023048

REALTOR® Association of Southern Minnesota

APN: 17.701.0020