Seller's Agent in 2021
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
(507) 345-1111
197 Total Sales
516 Point Ave Madison Lake, MN 56063
Estimated Value: $465,561 - $544,000
2
Beds
2.5
Baths
2,342
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- 104 Feet of Waterfront
- Beach Access
- Deck
- Eagle Lake Elementary School Rated A-
- Open Floorplan
- Vaulted Ceiling
About This Home
As of November 2021Great opportunity awaits on this year round walkout rambler home with lakeshore on both sides! Inside the home, you'll find two bedrooms (including a large master bedroom that faces the lake), an open floor plan with vaulted ceilings, kitchen with a large center island and breakfast nook, 4 season porch with access to the deck, spacious living room and half bath. You have beautiful lake views from almost every room in the home. The lower level family room is an open space fit for entertaining with it's wet bar, and recreational space that flows right into the 3 season porch that goes right out to the lake. Finishing off the lower level is a bedroom, 3/4 bath, non-conforming bedroom and laundry/utility room that has access to the garage. Schedule your showing today!
Last Agent to Sell the Property
WEICHERT REALTORS, COMMUNITY GROUP Brokerage Phone: 507-381-0808 Listed on: 10/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,894
Year Built
- Built in 1990
Lot Details
- 8,276 Sq Ft Lot
- 104 Feet of Waterfront
- Lake Front
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Open Floorplan
- Wet Bar
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Parking
- 2 Car Attached Garage
- Driveway
Outdoor Features
- Beach Access
- Deck
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R14.05.34.476.002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2025
Sold by
Dunkin Tony L and Dunkin Shelly L
Bought by
Lakeplace 2 Llc
Current Estimated Value
Purchase Details
Listed on
Oct 11, 2021
Closed on
Nov 19, 2021
Sold by
Voth Ronald L
Bought by
Dunkin Tony L and Dunkin Shelly L
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Scott Borgmeier
BH Realty Group
List Price
$420,000
Sold Price
$397,000
Premium/Discount to List
-$23,000
-5.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$337,450
Interest Rate
2.99%
Mortgage Type
New Conventional
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakeplace 2 Llc | $500 | Stewart Title Company | |
| Dunkin Tony L | $397,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dunkin Tony L | $337,450 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $397,000 | -5.5% | $170 / Sq Ft |
| 10/21/2021 10/21/21 | Pending | -- | -- | -- |
| 10/11/2021 10/11/21 | For Sale | $420,000 | -- | $179 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
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 | $6,880 | $514,900 | $101,100 | $413,800 |
| 2024 | $6,880 | $466,000 | $101,100 | $364,900 |
| 2023 | $4,494 | $356,500 | $101,100 | $255,400 |
| 2022 | $4,038 | $313,100 | $101,100 | $212,000 |
| 2021 | $3,894 | $276,100 | $101,100 | $175,000 |
| 2020 | $3,514 | $263,200 | $101,100 | $162,100 |
| 2019 | $3,584 | $263,200 | $101,100 | $162,100 |
| 2018 | $3,482 | $265,300 | $101,100 | $164,200 |
| 2017 | $3,184 | $265,300 | $101,100 | $164,200 |
| 2016 | $3,060 | $252,500 | $101,100 | $151,400 |
| 2015 | $29 | $249,400 | $101,100 | $148,300 |
| 2014 | $3,242 | $236,600 | $101,100 | $135,500 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Draheim
-
Scott Borgmeier
Buyer's Agent in 2021
Scott Borgmeier
BH Realty Group
(507) 257-2200
172 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7028375
APN: R14-05-34-476-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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