NOT LISTED FOR SALE

416 8th Ave Madison, MN 56256

Estimated Value: $159,943

2 Beds
2.5 Baths
2,300 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $158,000 $69 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,081/month

28 Days on Market

Highlights

  • No HOA
  • Wet Bar
  • Entrance Foyer
  • 2 Car Attached Garage
  • Living Room
  • 4-minute walk to Big Fishy

About This Home

As of October 2023

Look no further, this is it! This home has main floor living, spacious with modern updated finishes with a practical layout. This home will surprise its buyers with the amount of finished living area. The main floor has a large living room, dining is open to kitchen with additional seating area with its above counter height counters, 2 spacious bedrooms, a full bathroom, a 1/2 bathroom, laundry area and a patio door that leads to one of 2 decks. The basement offers an even larger family room great for entertaining, a built in bar area, storage room, utility room and 2 more non-conforming bedrooms. There is a 2nd garage ideal for storage or extra parking both garages are partially insulated. This move in ready home will not last long. Call for a showing.

Last Agent to Sell the Property

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 08/19/2023

Weichert REALTORS Tower Properties

Last Buyer's Agent

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 08/19/2023

Weichert REALTORS Tower Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1978

Lot Details

  • 10,542 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Washer
  • Utility Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • City/Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 540167000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1260
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 30X44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Sump Pump
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 2300
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1040
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Foyer, Bedroom 1, Bedroom 2, Bathroom, Laundry, Family Room, Bar/Wet Bar Room, Bedroom 3, Bedroom 4, Storage, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: Partial

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel
  • Garage Square Feet: 288
  • ParkingOpen: 1
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Montevideo
  • SchoolDistrictNumber: 129
  • SchoolDistrictPhone: 320-269-8833

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75X140
  • Lot Size Sq Ft: 10541.52
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 540167000
  • Tax Annual Amount: 1771
  • TaxWithAssessments: 2134.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Oct 13, 2023
Sold by
Jaenisch Travis and Jaenisch Marisa
Bought by
Oberg Ethan and Oberg Destiny Paige
Seller's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
Buyer's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
List Price
$155,000
Sold Price
$158,000
Premium/Discount to List
$3,000
1.94%
Views
72
Current Estimated Value
$159,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,943
Avg. Annual Appreciation
1.76%
Original Mortgage
$155,138
Outstanding Balance
$152,813
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$10,470

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 15, 2023
Sold by
Jaenisch Travis and Jaenisch Marisa
Bought by
Oberg Ethan and Oberg Destiny
Seller's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
Buyer's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
List Price
$155,000
Sold Price
$158,000
Premium/Discount to List
$3,000
1.94%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Outstanding Balance
$152,813
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$10,470

Purchase Details

Closed on
May 21, 2018
Sold by
Woolschlager C T and Woolschlager Questa
Bought by
Jaenisch Travis and Jaenisch Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2011
Sold by
Mccoss Karen and Mccoss Douglas
Bought by
Wollschlager Christopher T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,849
Interest Rate
4.52%
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
Oberg Ethan $158,000 None Listed On Document
Oberg Ethan $158,000 --
Jaenisch Travis $88,000 --
Wollschlager Christopher T $51,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oberg Ethan $155,138
Closed Oberg Ethan $157,500
Previous Owner Jaenisch Travis $70,400
Previous Owner Wollschlager Christopher T $52,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $158,000 +1.9% $69 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $155,000 -- $67 / Sq Ft
Source: NorthstarMLS

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
2024 $2,504 $156,500 $5,000 $151,500
2023 $2,546 $156,500 $5,000 $151,500
2022 $1,870 $124,600 $5,000 $119,600
2021 $1,520 $108,700 $5,000 $103,700
2020 $1,470 $88,200 $5,000 $83,200
2019 $1,212 $86,000 $5,000 $81,000
2018 $1,024 $76,800 $5,000 $71,800
2017 $1,008 $57,700 $5,000 $52,700
2016 $986 $57,700 $5,000 $52,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6420859

NorthstarMLS

APN: 54-0167-000