NOT LISTED FOR SALE

431 Lilac Ln Madison Lake, MN 56063

Estimated Value: $343,000 - $533,000

4 Beds
3 Baths
2,607 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 12, 2014

Last sale price $178,028 $68 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,384/month

94 Days on Market

Highlights

  • Vaulted Ceiling
  • Fenced Yard
  • Eat-In Kitchen
  • Eagle Lake Elementary School Rated A-
  • 2 Car Attached Garage
  • Woodwork

About This Home

As of February 2014

Just a short drive; only 13 miles to this amazing tri-level split home in Madison Lake! Small town feel; yet minutes from Mankato! The generous eat-in kitchen includes all the appliances and is complete with oak cabinets, and tile floor with in-floor heat. The laundry room is adjacent to the kitchen and the washer and dryer are included. A grand living room flanks the kitchen and boasts a vaulted ceiling and cork flooring. The master suite includes a walk in closet and full private master bathroom. Completing the upper level are two additional bedrooms, a full guest bathroom, and a generous linen closet. The lower level has a family room with gas fireplace, an additional multipurpose room, and a 3/4 bathroom. The home boasts steel siding, a large fenced in yard, a patio space off the back of the home, a fire pit, beautiful landscaping, and a 8' x 16' storage shed. This meticulous property is complete with a double attached garage, and the roof was new in August of 2011.

Last Agent to Sell the Property

Lisa Fitterer

RE/MAX DYNAMIC AGENTS License #00087420 Listed on: 10/07/2013

RE/MAX DYNAMIC AGENTS

Co-Listed By

Jen True

TRUE REAL ESTATE

Last Buyer's Agent

Jay Dailey

PRO-FORMANCE REALTY, INC. License #00088965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,378

Year Built

  • 1996

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x146x80x120
  • Fenced Yard
  • Landscaped

Home Design

  • Tri-Level Property
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R14.05.34.280.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,378

Year Built

1996

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.24
  • Construction: Previously Owned
  • Foundation Size: 704
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R14.05.34.280.004
  • Price Per Square Foot: 66
  • Sold Price Per Sq Ft: 65
  • Stories: Tri-Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Upper Level Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Foyer, 7x6, On Level: Main
  • Room 2: Living Room, 14x19, On Level: Main
  • Room 3: Kitchen, 12x15, On Level: Main
  • Room 4: Master Bedroom, 12x15, On Level: Upper
  • Room 5: Bedroom, 10x10, On Level: Upper
  • Room 6: Bedroom, 10x10, On Level: Upper
  • Room 7: 18x12, On Level: Lower
  • Room 8: Other, 10x20, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2032
  • Below Grade Finished Sq Ft: 575
  • Tot Above Grade Sq Ft: 2032
  • Total Fin Square Footage: 2607
  • Total Square Footage: 2736
  • Tot Below Grade Sq Ft: 704

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 80x146x80x120
  • Lot/Land Description: Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Jan 28, 2014
Sold by
Bamco Development Co Llc
Bought by
Mehlhaff Kevin E and Mehlhaff Jessica J
Seller's Agent
Lisa Fitterer
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Jay Dailey
PRO-FORMANCE REALTY, INC.
List Price
$189,900
Sold Price
$178,028
Premium/Discount to List
-$11,872
-6.25%
Current Estimated Value
$401,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,300
Avg. Annual Appreciation
7.21%
Original Mortgage
$178,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2013
Sold by
Hanson Daniel M and Hanson Kelly J
Bought by
Bamco Dev Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mehlhaff Kevin E $178,027 North American Title
Bamco Dev Co Llc $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehaff Kevin E $207,668
Closed Mehlhaff Kevin E $210,000
Closed Mehlhaff Kevin E $178,000
Previous Owner Bamco Development Co Llc $163,000
Previous Owner Hanson Daniel M $169,381
Previous Owner Hanson Daniel M $20,040
Previous Owner Hanson Daniel M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2014 02/12/14 Sold $178,028 -6.3% $68 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $189,900 -- $73 / 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 $2,378 $372,400 $31,000 $341,400
2024 $2,378 $322,700 $31,000 $291,700
2023 $1,840 $309,300 $31,000 $278,300
2022 $3,296 $274,100 $31,000 $243,100
2021 $3,244 $230,800 $31,000 $199,800
2020 $2,732 $211,000 $31,000 $180,000
2019 $2,622 $211,000 $31,000 $180,000
2018 $2,548 $201,700 $31,000 $170,700
2017 $2,148 $201,700 $31,000 $170,700
2016 $2,050 $179,800 $31,000 $148,800
2015 $18 $176,700 $31,000 $145,700
2014 $2,028 $160,400 $31,000 $129,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7003866

REALTOR® Association of Southern Minnesota

APN: R14-05-34-280-004