NOT LISTED FOR SALE

504 N Madison St Minneota, MN 56264

Estimated Value: $97,000 - $110,000

2 Beds
1 Bath
1,062 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $92,500 $87 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $643/month

24 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Patio
  • Minneota Elementary School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2024

Welcome home to this charming 2 bed, 1 bath house located in the heart of Minneota, Minnesota. As you enter, you'll be greeted by the warmth of the updated kitchen, equipped with modern appliances, ample cabinet space, & a large island. The main floor bath ensures convenience, while the dedicated mudroom & laundry room on the main floor adds to the functionality of the home. Upstairs, you'll find two bedrooms and bonus space that would make a perfect office or reading nook. The vinyl siding, updated shingles, updated furnace, and fenced-in yard contribute to the home's exterior durability & functionality. For car enthusiasts or those in need of extra storage space, the oversized 2-stall garage is both heated and insulated, making it a versatile space. The garage is a perfect spot for DIY projects or keeping your vehicles safe and secure. Enjoy the outdoors in the fenced-in yard, complete with a concrete patio – a perfect space for entertaining or gardening!

Last Agent to Sell the Property

KaLea Swenson

Edina Realty, Inc. Listed on: 01/29/2024

Last Buyer's Agent

Stacy Like

Creative Three, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $912

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70x165
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 1,062 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Bonus Room
  • Utility Room Floor Drain

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Propane

Community Details

  • No Home Owners Association
  • 4Th Railroad Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 281080290

Home Details

Home Type

Single Family

Est. Annual Taxes

$912

Year Built

Built in 1910

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
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1062
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24x12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Brick/Mortar, Crawl Space, Partial, Concrete, Storage Space, Sump Pump, Unfinished
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1062
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Mud Room, Laundry, Bathroom, Bedroom 1, Bedroom 2, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link, Full
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Gravel, Concrete, Electric, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage
  • Garage Square Feet: 768
  • ParkingOpen: 4
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Patio,Tile Floors

Schools

  • Junior High Dist: Minneota
  • SchoolDistrictNumber: 414
  • SchoolDistrictPhone: 507-872-6532

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 70x165
  • Lot Size Sq Ft: 11543.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 281080290
  • Tax Annual Amount: 912
  • TaxWithAssessments: 962.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 21, 2024
Sold by
Denekamp David
Bought by
Cady Allen Julian
Seller's Agent
KaLea Swenson
Edina Realty, Inc.
Buyer's Agent
Stacy Like
Creative Three, Inc.
List Price
$110,000
Sold Price
$92,500
Premium/Discount to List
-$17,500
-15.91%
Views
131
Current Estimated Value
$101,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,315
Avg. Annual Appreciation
6.75%
Original Mortgage
$90,824
Outstanding Balance
$89,836
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$11,194

Purchase Details

Closed on
Nov 10, 2020
Sold by
Prewitz Jordan G
Bought by
Denekamp David K

Purchase Details

Closed on
Apr 14, 2017
Sold by
Whortenbury Thomas R and Whortenbury Jeri
Bought by
Prellwitz Jordan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,825
Interest Rate
4.3%
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
Cady Allen Julian $92,500 None Listed On Document
Denekamp David K $65,000 Lyon County Abstract & Title
Prellwitz Jordan G -- None Available
Denekamp David David $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cady Allen Julian $90,824
Previous Owner Prellwitz Jordan G $50,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $92,500 -7.5% $87 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $100,000 -9.1% $94 / Sq Ft
01/29/2024 01/29/24 For Sale $110,000 -- $104 / 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 $950 $81,800 $9,700 $72,100
2023 $962 $78,600 $9,700 $68,900
2022 $882 $70,200 $9,700 $60,500
2021 $852 $54,700 $9,100 $45,600
2020 $806 $54,900 $9,100 $45,800
2019 $770 $55,100 $9,100 $46,000
2018 $814 $52,400 $9,100 $43,300
2017 $814 $59,400 $9,100 $50,300
2016 $734 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6481872

NorthstarMLS

APN: 28-108029-0