Seller's Agent in 2025
Dawn Peterson
Peterson Team Realty
(320) 598-3344
121 Total Sales
418 8th Ave Madison, MN 56256
2
Beds
1.5
Baths
648
Sq Ft
5,271
Sq Ft Lot
Highlights
- Corner Lot
- Living Room
- Baseboard Heating
- No HOA
- 1-Story Property
- 4-minute walk to Big Fishy
About This Home
As of February 2025WHY RENT?? THIS HOME OFFERS 2 BEDROOMS AND MAINFLOOR FULL BATH WITH AN ADDITIONAL STOOL AND SINK IN THE BASEMENT. THE BASEMENT COULD BE FINISHED TO YOUR LIKING FOR ADDITIONAL LIVING SPACE. NEWER APPLIANCES SHALL STAY, WASHER, DRYER, STOVE, REFRIGERATOR, AND DISHWASHER. THE SELLER PLANTED MANY FRUIT TREES SUCH AS PLUM, SEVERAL APPLE, APRICOT, PEACH, AND PEAR TREES THAT ARE NOW MATURE AND GIVING A PLENTIFUL HARVEST!! MAINTENANCE FREE BACK DECK FLOOR BOARDS. ROOF IS METAL AND SIDING IS VINYL.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $646
Year Built
- Built in 1940
Lot Details
- 5,271 Sq Ft Lot
- Lot Dimensions are 75x70
- Corner Lot
Parking
- 1 Car Garage
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 648 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- No Cooling
- Baseboard Heating
Community Details
- No Home Owners Association
- Madison Subdivision
Listing and Financial Details
- Assessor Parcel Number 540168000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Jan 24, 2025
Sold by
Olin Mary Ellen
Bought by
Lemay William L
Seller's Agent
Dawn Peterson
Peterson Team Realty
Buyer's Agent
Mary Olson
Dahle and Olson Realty Company
List Price
$59,900
Sold Price
$49,900
Premium/Discount to List
-$10,000
-16.69%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490
Avg. Annual Appreciation
1.13%
Original Mortgage
$37,425
Outstanding Balance
$37,203
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$13,187
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $49,900 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $37,425 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | $49,900 | -16.7% | $77 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 12/20/2024 12/20/24 | For Sale | $59,900 | -- | $92 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $454 | $33,700 | $3,000 | $30,700 |
| 2023 | $646 | $33,700 | $3,000 | $30,700 |
| 2022 | $520 | $27,200 | $3,000 | $24,200 |
| 2021 | $498 | $19,200 | $3,000 | $16,200 |
| 2020 | $492 | $16,700 | $3,000 | $13,700 |
| 2019 | $476 | $16,200 | $3,000 | $13,200 |
| 2018 | $468 | $16,200 | $3,000 | $13,200 |
| 2017 | $454 | $14,900 | $3,000 | $11,900 |
| 2016 | $454 | $13,800 | $3,000 | $10,800 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dawn Peterson
-
Mary Olson
Buyer's Agent in 2025
Mary Olson
Dahle and Olson Realty Company
(507) 828-2854
53 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6641992
APN: 54-0168-000
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