NOT LISTED FOR SALE

503 503 Sw 3rd St Madelia, MN 56062

Estimated Value: $234,000 - $280,000

3 Beds
2 Baths
2,039 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $130,000 $64 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,620/month

Highlights

  • Deck
  • Corner Lot
  • 2 Car Attached Garage
  • Ranch Style House
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of November 2018

This is the home you have been waiting for! Upon entering the home you will find a large mud room equipped with main floor laundry and a utility sink. The kitchen has been freshly painted and the recently replaced, stainless steel, appliances stay with the home. The main floor also boasts 3 bedrooms including a master bedroom with a 3 piece en-suite. The flooring has been replaced on the whole main level with the exception of one bedroom. Moving down to the basement- a blank slate waits for you. The additional square footage is sure to please with any improvements or changes to the space that you wish! This home also offers plenty of storage space. The home has a radon mitigation system and the previous owner replaced the furnace, siding, shingles, and the air conditioning unit. The corner lot, deck, and two stall garage make the outdoor space just as enjoyable!

Last Agent to Sell the Property

Mary Weller

Coldwell Banker River Valley License #00087569 Listed on: 04/22/2018

Coldwell Banker River Valley

Last Buyer's Agent

Trent VanOrt

CENTURY 21 ATWOOD

CENTURY 21 ATWOOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,070

Year Built

  • 1972

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 87x166.5
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 177010170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,070

Year Built

1972

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System
  • Estimated Number of Acres: 0.33
  • Assessment Balance: 35
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1404
  • L V T Date: 04/23/2018
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 177010170
  • Price Per Square Foot: 54
  • Projected Closed Date: 11/15/2018
  • Sold Price Per Sq Ft: 49
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2302
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Master Bedroom, 13x11, On Level: Main
  • Room 2: Bedroom, 11x11, On Level: Main
  • Room 3: Bedroom, 9x9, On Level: Main
  • Room 4: Kitchen, 13x9, On Level: Main
  • Room 5: Dining Room, 13x10, On Level: Main
  • Room 6: Living Room, 18x13, On Level: Main
  • Room 7: 16x8, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1404
  • Below Grade Finished Sq Ft: 635
  • Tot Above Grade Sq Ft: 1404
  • Total Fin Square Footage: 2039
  • Total Square Footage: 2680
  • Tot Below Grade Sq Ft: 1276

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • 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: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 87x166.5
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2018
Closed on
Nov 15, 2018
Sold by
John Goodburn and John Beth
Bought by
Goodburn Blake A
Seller's Agent
Mary Weller
Coldwell Banker River Valley
Buyer's Agent
Trent VanOrt
CENTURY 21 ATWOOD
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%
Current Estimated Value
$257,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,351
Avg. Annual Appreciation
10.37%
Original Mortgage
$117,000
Outstanding Balance
$102,668
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$154,683

Purchase Details

Listed on
Jan 7, 2014
Closed on
May 7, 2014
Sold by
Brekke Arlene Arlene
Bought by
Goodburn Joshua and Goodburn John
Seller's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
Buyer's Agent
PATRICK HRUBY
REALTY EXECUTIVES ASSOCIATES
List Price
$149,900
Sold Price
$132,000
Premium/Discount to List
-$17,900
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.34%
Original Mortgage
$131,000
Interest Rate
4.41%
Source: Public Records

Range of Values:

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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
Goodburn Blake A $130,000 Attorney Only
Goodburn Joshua $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodburn Blake A $117,000
Previous Owner Goodburn Joshua $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2018 11/15/18 Sold $130,000 -10.3% $64 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $144,900 -6.5% $71 / Sq Ft
08/06/2018 08/06/18 Price Changed $154,900 -3.1% $76 / Sq Ft
04/22/2018 04/22/18 For Sale $159,900 +21.1% $78 / Sq Ft
05/07/2014 05/07/14 Sold $132,000 -11.9% $65 / Sq Ft View Prior Sale
04/06/2014 04/06/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $149,900 -- $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 $3,070 $237,200 $28,900 $208,300
2024 $2,800 $238,700 $28,900 $209,800
2023 $2,780 $220,300 $25,000 $195,300
2022 $2,550 $193,700 $23,400 $170,300
2021 $2,492 $161,600 $21,700 $139,900
2020 $2,096 $155,300 $21,700 $133,600
2019 $2,236 $139,400 $21,700 $117,700
2018 $2,302 $143,700 $21,700 $122,000
2016 $1,608 $130,700 $21,700 $109,000
2014 -- $113,400 $21,700 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7017381

REALTOR® Association of Southern Minnesota

APN: 17.701.0170