NOT LISTED FOR SALE

61165 Frederick Dr Madison Lake, MN 56063

Estimated Value: $470,000 - $628,000

4 Beds
3 Baths
2,937 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $288,000 $98 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,366/month

Highlights

  • RV Access or Parking
  • Waterfront
  • Deck
  • Eagle Lake Elementary School Rated A-
  • Two Primary Bathrooms
  • Corner Lot

About This Home

As of January 2019

Beautiful 2 story with lake access to Ballantyne Lake. 4 bedrooms, 3 full baths. Open floor plan in kitchen/dining area with a beautiful view. Stunning living room/family room includes a bar. 2 large master bedrooms both with private full baths, walk in closet, one offers nursery/work out room and laundry in bath. Hookups for another laundry in main floor closet. Basement is a walk out with garage door for storage, heat and air. 2 furnaces, 2 A/C. Fenced in backyard with doggy access door into garage.

Last Agent to Sell the Property

Barb Raddatz

LANDMARK REAL ESTATE License #00089909 Listed on: 09/30/2018

Last Buyer's Agent

Bonnie Kruger

CENTURY 21 ATWOOD

CENTURY 21 ATWOOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,592

Year Built

  • 2001

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 232 x 163
  • Waterfront
  • Property fronts a county road
  • Dog Run
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,937 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R37.05.28.327.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,592

Year Built

2001

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Dog Run, Driveway - Asphalt, Fenced Yard - Partial, Patio, RV Parking
  • Estimated Number of Acres: 0.87
  • Assessment Balance: 19556.97
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1932
  • L V T Date: 10/01/2018
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R37.05.28.327.002
  • Price Per Square Foot: 73
  • Road Between Waterfront And Home: Yes
  • Sold Price Per Sq Ft: 73
  • Stories: 2 Story
  • Street Designation: Drive
  • Taxes With Assessments: 4736
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Private Master, Two Master Baths
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living Room, 24.4x16.8, On Level: Main
  • Room 2: Kitchen, 15.4x22.6, On Level: Main
  • Room 3: Bedroom, 16.7x11.7, On Level: Main
  • Room 4: Bedroom, 13.2x11.5, On Level: Main
  • Room 5: Bedroom, 22.5x24.8, On Level: Upper
  • Room 6: Bedroom, 15.2x19.9, On Level: Upper
  • Room 7: 15.3x11.8, On Level: Upper
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2937
  • Tot Above Grade Sq Ft: 2937
  • Total Fin Square Footage: 2937
  • Total Square Footage: 3945
  • Tot Below Grade Sq Ft: 1008

Exterior Features

  • Frontage Road: County
  • Waterfront Name: Ballantyne
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Shared

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 468

Utilities

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

Schools

  • School District: Mankato #77
  • Mankato Schools: Mankato East

Lot Info

  • Estimated Lot Dimensions: 232 x 163
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Jan 25, 2019
Sold by
Storm Brian and Storm Allyson
Bought by
Nussbaumer Lisa
Seller's Agent
Barb Raddatz
LANDMARK REAL ESTATE
Buyer's Agent
Bonnie Kruger
CENTURY 21 ATWOOD
List Price
$289,900
Sold Price
$288,000
Premium/Discount to List
-$1,900
-0.66%
Current Estimated Value
$551,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,338
Avg. Annual Appreciation
10.08%
Original Mortgage
$282,783
Outstanding Balance
$251,643
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$299,695

Purchase Details

Listed on
Sep 3, 2012
Closed on
Mar 27, 2013
Sold by
Pioneer Bank
Bought by
Storm Brian and Storm Allyson
Seller's Agent
Richard Draheim
WEICHERT REALTORS, COMMUNITY GROUP
Buyer's Agent
Patti Schuch
RE/MAX Results
List Price
$239,900
Sold Price
$185,000
Premium/Discount to List
-$54,900
-22.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$181,649
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2012
Sold by
Williamson Richard and Williamson Debra A
Bought by
Pioneer Bank

Purchase Details

Closed on
Sep 15, 2006
Sold by
Pioneer Bank
Bought by
Williamson Richard and Bailey Debbie
Source: Public Records

Range of Values:

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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
Nussbaumer Lisa $288,000 Stewart Title
Storm Brian $185,000 None Available
Pioneer Bank -- None Available
Williamson Richard $185,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nussbaumer Lisa $282,783
Previous Owner Storm Brian $181,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2019 01/25/19 Sold $288,000 -0.7% $98 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
09/30/2018 09/30/18 For Sale $289,900 +56.7% $99 / Sq Ft
03/27/2013 03/27/13 Sold $185,000 -22.9% $57 / Sq Ft View Prior Sale
02/15/2013 02/15/13 Pending -- -- --
09/03/2012 09/03/12 For Sale $239,900 -- $74 / 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 $5,592 $424,100 $74,400 $349,700
2024 $5,592 $399,600 $74,400 $325,200
2023 $5,376 $403,400 $74,400 $329,000
2022 $4,996 $371,800 $74,400 $297,400
2021 $4,978 $297,400 $75,000 $222,400
2020 $4,800 $259,000 $75,000 $184,000
2019 $4,710 $259,000 $75,000 $184,000
2018 $4,736 $245,500 $75,000 $170,500
2017 $4,436 $245,500 $75,000 $170,500
2016 $4,420 $217,700 $75,000 $142,700
2015 $45 $209,300 $75,000 $134,300
2014 $2,140 $643,200 $225,000 $418,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Barb Raddatz

    LANDMARK REAL ESTATE

    (507) 340-5699

    Barb Raddatz
    Section Image
  • Bonnie Kruger

    Buyer's Agent in 2019

    Bonnie Kruger

    CENTURY 21 ATWOOD

    (507) 327-0633

    128 Total Sales

    Bonnie Kruger
    Section Image
  • Richard Draheim

    Seller's Agent in 2013

    Richard Draheim

    WEICHERT REALTORS, COMMUNITY GROUP

    (507) 345-1111

    181 Total Sales

    Richard Draheim
    Section Image
  • Patti Schuch

    Buyer's Agent in 2013

    Patti Schuch

    RE/MAX

    (507) 340-2226

    88 Total Sales

    Patti Schuch
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019269

REALTOR® Association of Southern Minnesota

APN: R37-05-28-327-002

Minnesota Blue Earth County Madison Lake 56063

61165 Frederick Dr, Madison Lake, MN

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