NOT LISTED FOR SALE

518 Center Ave N Unit 518 Center Ave N Madelia, MN 56062

Estimated Value: $143,000 - $168,000

2 Beds
1 Bath
912 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $132,000 $145 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $985/month

2 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Woodwork
  • Ranch Style House
  • Double Pane Windows
  • Breakfast Bar

About This Home

As of June 2021

This cute and classic rambler has curb appeal galore! It sits on just over .40 acres and is just waiting for a new owner to make it their own! As you approach the home, you will see an oversized one-stall garage and nicely landscaped yard! As you enter the front door, you will notice a huge 13' x 21' living room. You can easily access the dining room and kitchen from the living room, which is complete with stainless steel appliances! The island is perfect for added counter space, homework, or a quick bite to eat! The patio is just off the dining area, overlooks the large backyard, and has access to a large concrete patio. Down the hall from the living room is the bathroom that is complete with a walk-in tub. Further down the hall are the two bedrooms. As you go down to the unfinished basement, there are so many options available, add an egress window to the partially finished room for a 3rd bedroom, split up the remaining area for a family room, or add another bathroom; it's just waiting to be finished! Some updates include furnace (2017), tankless water heater (2019), Windows updated (2014 - 2016), Exterior doors and patio door 2018, refrigerator 2019, and tankless water heater (2019).

Last Agent to Sell the Property

Deborah Ogren

TRUE REAL ESTATE License #40846075 Listed on: 04/26/2021

TRUE REAL ESTATE

Last Buyer's Agent

Deborah Ogren

TRUE REAL ESTATE License #40846075 Listed on: 04/26/2021

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • 1977

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 80x221
  • Few Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonite

Interior Spaces

  • 912 Sq Ft Home
  • Woodwork
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 173290150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Broadband Available, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), Window Coverings (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.41
  • Assessment Balance: 35
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 912
  • L V T Date: 04/27/2021
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 173290150
  • Price Per Square Foot: 70
  • Sold Price Per Sq Ft: 72
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1632
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen
  • Appliances: Cooktop, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Dining Room, 10x11, On Level: Main
  • Room 2: Kitchen, 9x11, On Level: Main
  • Room 3: Living Room, 13x21, On Level: Main
  • Room 4: Master Bedroom, 9x14, On Level: Main
  • Room 5: Bedroom, 9x13, On Level: Main
  • Room 6: Other, On Level: Lower
  • Room 7: On Level: Lower
  • Room 8: Den/Office, 10x11, On Level: Lower
  • Room 9: Deck, 14x12, On Level: Main
  • Room 10: Patio, 16x12, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 912
  • Tot Above Grade Sq Ft: 912
  • Total Fin Square Footage: 912
  • Total Square Footage: 1824
  • Tot Below Grade Sq Ft: 912

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Masonite (L)
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Madelia #837

Lot Info

  • Estimated Lot Dimensions: 80x221
  • Lot/Land Description: Tree Coverage - Light, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 3, 2021
Sold by
Rorvig Connie Connie
Bought by
Francisco Juan Juan
Seller's Agent
Deborah Ogren
TRUE REAL ESTATE
Buyer's Agent
Deborah Ogren
TRUE REAL ESTATE
List Price
$127,900
Sold Price
$132,000
Premium/Discount to List
$4,100
3.21%
Current Estimated Value
$158,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,177
Avg. Annual Appreciation
3.79%
Original Mortgage
$123,933
Outstanding Balance
$112,845
Interest Rate
2.99%
Estimated Equity
$41,806
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
Francisco Juan Juan $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francisco Juan Juan $123,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $132,000 +3.2% $145 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $127,900 -3.1% $140 / Sq Ft
04/26/2021 04/26/21 Off Market $132,000 -- --
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 $1,562 $137,300 $32,000 $105,300
2024 $1,998 $137,400 $32,000 $105,400
2023 $1,872 $164,500 $26,200 $138,300
2022 $1,712 $138,800 $24,500 $114,300
2021 $1,632 $117,100 $22,700 $94,400
2020 $1,342 $110,500 $22,700 $87,800
2019 $1,378 $98,400 $22,700 $75,700
2018 $1,436 $98,400 $22,700 $75,700
2016 $956 $89,100 $22,700 $66,400
2014 -- $80,900 $22,700 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7026818

REALTOR® Association of Southern Minnesota

APN: 17.329.0150