NOT LISTED FOR SALE

60254 Jessica Dr Madison Lake, MN 56063

Estimated Value: $904,000 - $1,201,000

2.92 Acres
$347,414 Price per Acre
127,195 Sq Ft Lot

Last Sold April 07, 2017

Last sale price $218,000

Est. 365% increase in value since last sale

Current estimated payment $5,967/month

Highlights

  • 230 Feet of Waterfront
  • Beach Access
  • Level Lot
  • Eagle Lake Elementary School Rated A-
  • Landscaped with Trees

About This Lot

As of April 2017

"Beautiful and peaceful every season of the year" descibes this private, wooded, 3-acre lot on Lake George. Peaceful views in every direction; feels like an "Up North" lake lot, but your home would by only 8 minutes to Mankato. Your home/cabin can be built at water level, tucked into the hillside with warm southern exposure (protected from wind/ noise in this private setting). Two hundred and thirty plus feet of lakeshore. Mature trees provide shade and privacy. Driveway is in, city sewer is ready for hookups (no septic needed) and there is a shared well. Welcome home to your personal retreat, beautiful and peaceful every season of the year.

Last Agent to Sell the Property

NANCY WIECHMANN

JBEAL REAL ESTATE GROUP Listed on: 03/25/2015

Last Buyer's Agent

Aubrey Leasure

Keller Williams Preferred Realty License #40475353

Keller Williams Preferred Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,576

Lot Details

  • 2.92 Acre Lot
  • Lot Dimensions are 370 x 230 x 420 x 370
  • 230 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Irregular Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Additional Features

  • Beach Access
  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number R37.05.19.202.007

Property Details

Property Type

Land

Est. Annual Taxes

$7,576

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • Amenities Exterior: Driveway - Gravel
  • Assessments: Yes
  • Parcel Number: R37.05.19.202.007
  • Street Designation: Drive
  • Estimated Number of Acres: 2.92
  • Additional Information: Abstract
  • Development: Yes
  • Plat Recorded: Yes
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: George
  • Waterfront: Yes
  • Water Frontage: 230
  • Waterfront Description: Lake

Utilities

  • Available Utilities: Electric, Natural Gas, Shared Well

Lot Info

  • Lot/Land Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
  • Estimated Lot Dimensions: 370 x 230 x 420 x 370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Apr 7, 2017
Sold by
Wiechmann Mark Edgar and Wiechmann Nancy A
Bought by
Homrighausen Derek J and Homrighausen Kelly A
Seller's Agent
NANCY WIECHMANN
JBEAL REAL ESTATE GROUP
Buyer's Agent
Aubrey Leasure
Keller Williams Preferred Realty
List Price
$239,900
Sold Price
$218,000
Premium/Discount to List
-$21,900
-9.13%
Current Estimated Value
$1,014,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,449
Avg. Annual Appreciation
19.58%
Original Mortgage
$174,400
Outstanding Balance
$144,928
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$869,521
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
Homrighausen Derek J $218,000 Title Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homrighausen Derek J $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $218,000 -9.1% --
03/15/2017 03/15/17 Pending -- -- --
03/25/2015 03/25/15 For Sale $239,900 -- --
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 $7,576 $845,700 $168,200 $677,500
2024 $7,320 $751,600 $168,200 $583,400
2023 $3,218 $652,900 $168,200 $484,700
2022 $1,510 $372,600 $168,200 $204,400
2021 $1,530 $158,200 $158,200 $0
2020 $1,552 $158,200 $158,200 $0
2019 $1,508 $158,200 $158,200 $0
2018 $1,326 $158,200 $158,200 $0
2017 $2,366 $143,200 $143,200 $0
2016 $2,386 $143,200 $143,200 $0
2015 $21 $143,200 $143,200 $0
2014 $2,420 $123,200 $123,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7007817

REALTOR® Association of Southern Minnesota

APN: R37-05-19-202-007