NOT LISTED FOR SALE

5512 N Shore Ct Madison Lake, MN 56063

Estimated Value: $874,000 - $1,154,000

5 Beds
3.5 Baths
4,300 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $825,000 $192 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,126/month

Highlights

  • Lake Front
  • 1-Story Property
  • Forced Air Heating System
  • 2 Car Attached Garage

About This Home

As of May 2021

Updated & meticulously maintained walkout rambler on 150' feet of Lake Frontage.

Last Agent to Sell the Property

Jen Mains

Keller Williams Select Realty License #40303704 Listed on: 04/14/2021

Keller Williams Select Realty

Last Buyer's Agent

Jen True

True Commercial, LLC License #40459569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,858

Year Built

  • 1989

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 329x150x310x120
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 13.401.0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,858

Year Built

1989

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 1
  • Foundation Size: 1525
  • L V T Date: 04/14/2021
  • Parcel Number: 13.401.0130
  • Price Per Square Foot: 191
  • Sold Price Per Sq Ft: 190
  • Stories: 1 Story
  • Street Designation: Court
  • Taxes With Assessments: 7394
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2825
  • Below Grade Finished Sq Ft: 1475
  • Tot Above Grade Sq Ft: 2825
  • Total Fin Square Footage: 4300
  • Total Square Footage: 4350
  • Tot Below Grade Sq Ft: 1525

Exterior Features

  • Waterfront Name: Washington
  • Construction Type: Concrete Block
  • Exterior: Cement Block
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Private

Schools

  • School District: Cleveland #391

Lot Info

  • Estimated Lot Dimensions: 329x150x310x120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 20, 2021
Sold by
Olson Karl P and Olson Pamela D
Bought by
Schoper Matthew J
Seller's Agent
Jen Mains
Keller Williams Select Realty
Buyer's Agent
Jen True
True Commercial, LLC
List Price
$829,900
Sold Price
$825,000
Premium/Discount to List
-$4,900
-0.59%
Current Estimated Value
$1,011,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,262
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Pappe Douglas E and Pappe Karen D
Bought by
Olson Karl P and Olson Pamela D
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
Schoper Matthew J $825,000 --
Olson Karl P $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Karl P $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $825,000 -0.6% $192 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $829,900 -- $193 / 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 $8,858 $889,800 $384,700 $505,100
2024 $9,032 $815,200 $352,000 $463,200
2023 $8,826 $801,800 $352,000 $449,800
2022 $7,786 $749,900 $295,000 $454,900
2021 $7,394 $616,200 $280,000 $336,200
2020 $7,280 $573,200 $260,000 $313,200
2019 $6,848 $573,200 $260,000 $313,200
2018 $6,833 $526,400 $255,100 $271,300
2017 $5,067 $476,800 $245,000 $231,800
2016 $4,706 $479,300 $244,999 $234,301
2015 $4,691 $479,300 $244,999 $234,301
2014 $3,877 $464,400 $240,100 $224,300
2013 $3,560 $464,400 $240,100 $224,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jen Mains

    Keller Williams Select Realty

    (651) 775-8493

    9 Total Sales

    Jen Mains
    Section Image
  • Jen True

    Buyer's Agent in 2021

    Jen True

    True Commercial, LLC

    (507) 317-4433

    473 Total Sales

    Jen True
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7026706

REALTOR® Association of Southern Minnesota

APN: 13.401.0130

Minnesota Blue Earth County Madison Lake 56063

5512 N Shore Ct, Madison Lake, MN

This home is located at 5512 N Shore Ct, Madison Lake, MN 56063 since 14 April 2021 and is currently estimated at $1,011,262, approximately $235 per square foot. This property was built in 1989. 5512 N Shore Ct is a home located in Blue Earth County with nearby schools including Cleveland Elementary School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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