Seller's Agent in 2024
Kelsey Forbes
TRUE REAL ESTATE
(507) 995-4077
64 Total Sales
603 603 Sw Second St Madelia, MN 56062
Estimated Value: $184,000 - $216,000
4
Beds
1
Bath
1,200
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Reverse Osmosis System
- Workshop
- Eat-In Kitchen
- Wood Flooring
- 1 Car Detached Garage
- Woodwork
About This Home
As of May 2024Welcome home! Single floor living is calling you in this roomy rambler in a well established neighborhood, complete with 4 bedrooms and 1 full bathroom. As you enter the home, you are welcomed by a sunny living room and eat-in kitchen. The first bedroom and bathroom are located just off the living room, while the other 3 bedrooms and laundry/ utility room are further down the hall, maximizing its layout. The bathroom was entirely re-done in 2010, down to the studs.The addition on the east side of the house is structured in a way so that interior walls could be opened up for easy conversion to larger living spaces. The house has a brand new water heater as of Jan 2024.You'll be pleased as you enter the spacious shop (measuring 30' x48', with 10 foot side walls) which has both heating and air conditioning, contains a wood working section, a stove, as well as its very own bathroom with a hot water heater. The driveway runs through the street to the alley, for easy access. The garage boasts large windows and is currently used as a sunroom: ready for you to either use as a garage or as a flex space, with endless possibilities. Come see this hidden gem, waiting for you in the blossoming town of Madelia! Other updated features: 1985 - Addition in home on east side 2009 - New siding 2010 - Bathroom redone 2019 - New sewage pipe from house to street 2020 - New furnace installed 2021 - New A/c installed
Last Agent to Sell the Property
TRUE REAL ESTATE License #40717910 Listed on: 12/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,257
Year Built
- Built in 1963
Lot Details
- 0.29 Acre Lot
- Few Trees
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Woodwork
- Ceiling Fan
- Workshop
- Wood Flooring
- Dryer
Kitchen
- Eat-In Kitchen
- Range
- Reverse Osmosis System
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 1 Car Detached Garage
- Gravel Driveway
Accessible Home Design
- No Interior Steps
Utilities
- Forced Air Heating and Cooling System
- Water Softener Leased
Listing and Financial Details
- Assessor Parcel Number 171001120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2023
Closed on
May 1, 2024
Sold by
Aguilera Trudy
Bought by
Wihlm Carter
Seller's Agent
Kelsey Forbes
TRUE REAL ESTATE
Buyer's Agent
Zoe Anderson
TRUE REAL ESTATE
List Price
$239,000
Sold Price
$203,000
Premium/Discount to List
-$36,000
-15.06%
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,079
Avg. Annual Appreciation
-0.04%
Original Mortgage
$196,600
Outstanding Balance
$194,197
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$8,700
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wihlm Carter | $203,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wihlm Carter | $196,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $203,000 | -11.4% | $169 / Sq Ft |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 02/17/2024 02/17/24 | Price Changed | $229,000 | -4.2% | $191 / Sq Ft |
| 12/04/2023 12/04/23 | For Sale | $239,000 | -- | $199 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $2,256 | $184,100 | $26,000 | $158,100 |
| 2024 | $2,222 | $184,000 | $26,000 | $158,000 |
| 2023 | $2,292 | $180,100 | $22,500 | $157,600 |
| 2022 | $1,872 | $164,300 | $21,100 | $143,200 |
| 2021 | $1,634 | $125,600 | $19,500 | $106,100 |
| 2020 | $1,316 | $110,600 | $19,500 | $91,100 |
| 2019 | $1,272 | $97,000 | $19,500 | $77,500 |
| 2018 | $1,360 | $92,800 | $19,500 | $73,300 |
| 2016 | $904 | $84,200 | $19,500 | $64,700 |
| 2014 | -- | $74,900 | $19,500 | $55,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kelsey Forbes
-
Zoe Anderson
Buyer's Agent in 2024
Zoe Anderson
TRUE REAL ESTATE
(507) 995-9380
218 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7033857
APN: 17.100.1120
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