NOT LISTED FOR SALE

513 513 Walnut Ave Madison Lake, MN 56063

Estimated Value: $193,000 - $320,000

4 Beds
1 Bath
1,623 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $126,900 $78 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,434/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Woodwork
  • Eagle Lake Elementary School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of January 2020

Great starter home that is only a short walk to the lake. The home greets you with an adorable covered porch complete with a swing. The main floor features a nice sized living and dining room, bedroom, currently being used as an office, and a completely remodeled kitchen with a walk-in pantry and access to the deck overlooking the expansive yard and views of the lake. Upstairs are four more bedrooms, three of them with walk-in closets, and a full bath with a clawfoot tub. The home has been freshly painted and has new carpeting on the upper level. The lower level walks out to the large backyard, has a workshop area and offers plenty of storage. This home has had many of the updates done so you can just move-in and enjoy.

Last Agent to Sell the Property

Stephanie Jacobson

WEICHERT REALTORS, COMMUNITY GROUP Listed on: 11/25/2019

WEICHERT REALTORS, COMMUNITY GROUP

Last Buyer's Agent

Kelly Terrell

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • 1905

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70 x 152
  • Corner Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,623 Sq Ft Home
  • Woodwork
  • Combination Dining and Living Room
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R14.05.34.403.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

1905

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Hardwood Floors, Kitchen Center Island, Natural Woodwork, Walk-In Closet
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.24
  • Construction: Previously Owned
  • Foundation Size: 864
  • L V T Date: 11/26/2019
  • Mechanicals: Water Heater-Gas
  • Parcel Number: R14.05.34.403.001
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Dining Room: Combine with Living Room
  • Total Bedrooms: 4
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Dining Room, 12x10, On Level: Main
  • Room 2: Living Room, 12x10, On Level: Main
  • Room 3: Kitchen, 11x9, On Level: Main
  • Room 4: Den/Office, 9x8, On Level: Main
  • Room 5: Master Bedroom, 14x10, On Level: Upper
  • Room 6: Bedroom, 12x9, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 8: Bedroom, 9x8, On Level: Upper
  • Basement Features: Unfinished, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1623
  • Tot Above Grade Sq Ft: 1623
  • Total Fin Square Footage: 1623
  • Total Square Footage: 2487
  • Tot Below Grade Sq Ft: 864

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Schools

  • Mankato Schools: Mankato East, Eagle Lake Elementary, Prairie Winds Middle

Lot Info

  • Estimated Lot Dimensions: 70 x 152
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 13, 2020
Sold by
Hanley Alex and Hanley Alexandra
Bought by
Saidler Sterling and Saidler Ashley
Seller's Agent
Stephanie Jacobson
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Kelly Terrell
RE/MAX DYNAMIC AGENTS
List Price
$119,900
Sold Price
$126,900
Premium/Discount to List
$7,000
5.84%
Current Estimated Value
$243,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,467
Avg. Annual Appreciation
11.90%
Original Mortgage
$124,601
Outstanding Balance
$110,090
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$133,277

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 10, 2018
Sold by
Sundermeyer Jason and Sundermeyer Jennifer
Bought by
Hanley Alex and Hanley Alexandra
Seller's Agent
Samantha Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Samantha Kaul
CENTURY 21 ATWOOD
List Price
$99,000
Sold Price
$90,500
Premium/Discount to List
-$8,500
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.67%
Original Mortgage
$85,975
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Hud
Bought by
Sundermeyer Jason and Sundermeyer Jennifer

Purchase Details

Closed on
Sep 25, 2012
Sold by
Wells Fargo Bank Na
Bought by
Urban Development Of Washington D C

Purchase Details

Closed on
Sep 20, 2012
Sold by
Austad Timothy D and Austad Melissa
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 15, 2007
Sold by
Eder Phyllis M
Bought by
Wolters Melissa and Austad Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,100
Interest Rate
6.22%
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
Saidler Sterling $126,900 North American Title
Hanley Alex $90,500 None Available
Sundermeyer Jason -- --
Urban Development Of Washington D C -- None Available
Wells Fargo Bank Na -- None Available
Wolters Melissa $103,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saidler Sterling $124,601
Previous Owner Hanley Alex $85,975
Previous Owner Wolters Melissa $103,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2020 01/13/20 Sold $126,900 +5.8% $78 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $119,900 +32.5% $74 / Sq Ft
08/10/2018 08/10/18 Sold $90,500 -8.6% $52 / Sq Ft View Prior Sale
07/13/2018 07/13/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $99,000 -- $57 / 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 $1,918 $192,800 $21,000 $171,800
2024 $1,918 $167,200 $21,000 $146,200
2023 $1,674 $151,500 $21,000 $130,500
2022 $1,438 $135,000 $21,000 $114,000
2021 $1,382 $117,100 $21,000 $96,100
2020 $1,002 $95,400 $21,000 $74,400
2019 $1,044 $95,400 $21,000 $74,400
2018 $1,348 $97,400 $21,000 $76,400
2017 $1,228 $97,400 $21,000 $76,400
2016 $1,178 $91,500 $21,000 $70,500
2015 $11 $90,000 $21,000 $69,000
2014 -- $249,900 $63,000 $186,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7022820

REALTOR® Association of Southern Minnesota

APN: R14-05-34-403-001