NOT LISTED FOR SALE

60511 235th St Madison Lake, MN 56063

Estimated Value: $486,000 - $761,899

4 Beds
2 Baths
1,238 Sq Ft
$513/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $144,000 $116 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $3,775/month

Highlights

  • Barn
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Eagle Lake Elementary School Rated A-
  • Workshop
  • Bathroom on Main Level

About This Home

As of November 2012

4 bedroom 2 bath home located on 7.95 acres. A perfect country retreat! 3 large pole sheds, 2 smaller sheds and a barn. All 3 pole sheds are heated and 2 have bathrooms. Many opportunities for this property.

Last Agent to Sell the Property

PATRICK DUNN

SOUTHERN MN REO PROPERTIES LLC Listed on: 06/05/2012

Co-Listed By

DIANE DUNN

SOUTHERN MN REO PROPERTIES LLC

Last Buyer's Agent

PATRICK DUNN

SOUTHERN MN REO PROPERTIES LLC Listed on: 06/05/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,210

Year Built

  • 1900

Lot Details

  • 7.95

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,238 Sq Ft Home
  • Workshop
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Basement

  • Partial Basement
  • Stone Basement
  • Natural lighting in basement

Farming

  • Barn
  • Machine Shed

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Storage Shed
  • 7.95 Acre Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number R370529300001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,210

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Cape Cod (L)
  • Estimated Number of Acres: 7.95
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 672
  • Parcel Number: R370529300001
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, On Level: Main
  • Room 2: Living Room, On Level: Main
  • Room 3: Bedroom, On Level: Main
  • Room 4: 3 Season Porch, On Level: Main
  • Room 5: Bedroom, On Level: Upper
  • Room 6: Bedroom, On Level: Upper
  • Room 7: On Level: Upper
  • Basement Features: Daylight/Lookout Windows
  • Basement Material: Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1238
  • Tot Above Grade Sq Ft: 1238
  • Total Fin Square Footage: 1238
  • Total Square Footage: 1910
  • Tot Below Grade Sq Ft: 672

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Barn, Machine Shed, Storage Shed, Workshop
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 346302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Nov 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Meger Kelly
Seller's Agent
PATRICK DUNN
SOUTHERN MN REO PROPERTIES LLC
Buyer's Agent
PATRICK DUNN
SOUTHERN MN REO PROPERTIES LLC
List Price
$152,500
Sold Price
$144,000
Premium/Discount to List
-$8,500
-5.57%
Current Estimated Value
$635,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,225
Avg. Annual Appreciation
12.13%
Original Mortgage
$159,000
Outstanding Balance
$109,664
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$525,561

Purchase Details

Closed on
Jul 16, 2012
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
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
Meger Kelly -- Title One Inc
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meger Kelly $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $144,000 -5.6% $116 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $152,500 -- $123 / 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 $5,210 $642,300 $99,500 $542,800
2024 $5,210 $564,800 $99,500 $465,300
2023 $4,664 $572,700 $99,500 $473,200
2022 $3,158 $527,300 $99,500 $427,800
2021 $1,458 $333,600 $99,500 $234,100
2020 $1,438 $161,800 $81,000 $80,800
2019 $1,442 $161,800 $81,000 $80,800
2018 $1,476 $166,300 $81,000 $85,300
2017 $1,266 $171,400 $81,000 $90,400
2016 $1,220 $157,800 $81,000 $76,800
2015 $12 $153,400 $81,000 $72,400
2014 $2,400 $158,000 $81,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    PATRICK DUNN

    SOUTHERN MN REO PROPERTIES LLC

  • D

    Seller Co-Listing Agent in 2012

    DIANE DUNN

    SOUTHERN MN REO PROPERTIES LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 131687

REALTOR® Association of Southern Minnesota

APN: R37-05-29-300-001

Minnesota Blue Earth County Madison Lake 56063

60511 235th St, Madison Lake, MN

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