Seller's Agent in 2016
Christa Wolner
Connect Real Estate Group
(507) 327-6300
84 Total Sales
61191 Frederick Dr Madison Lake, MN 56063
Estimated Value: $470,000 - $569,000
3
Beds
2
Baths
2,044
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- 138 Feet of Waterfront
- Docks
- Sandy Beach
- Eagle Lake Elementary School Rated A-
- Beach Access
- Spa
About This Home
As of October 2016Imagine…opening your sliding glass doors from the dining room, sitting on your lake front deck, enjoying the breeze, sights and sounds coming from the 138 foot of level lakeshore in your view. This 3 bedroom property has all the amenities you would need; central air, forced air furnace, screened in 4 season porch with hot tub, outside is a 16x18 cement patio for entertaining and let’s not forget both of the garages. The attached double garage and the detached 4 stall with doors on both ends for all of the necessary summer toys. This summer you could own your own lake property on Lake Ballantyne. Any offer on Craigslist for rent is a scam.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,128
Year Built
- 1984
Lot Details
- 0.94 Acre Lot
- Lot Dimensions are 154x287x138x287
- 138 Feet of Waterfront
- Lake Front
- Sandy Beach
- Few Trees
Home Design
- Bi-Level Home
- Poured Concrete
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Double Pane Windows
- Combination Kitchen and Dining Room
- Walk-Out Basement
- Fire and Smoke Detector
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Car Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Spa
- Beach Access
- Docks
- Deck
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number R37.05.28.327.007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2016
Closed on
Oct 28, 2016
Sold by
Engle Gary R and Engle Patricia K
Bought by
Steinborn David D and Steinborn Jill A
Seller's Agent
Christa Wolner
Connect Real Estate Group
Buyer's Agent
Lynnea Wetzel
Re/Max Advantage Plus - Le Center
List Price
$369,000
Sold Price
$349,000
Premium/Discount to List
-$20,000
-5.42%
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
$177,612
Avg. Annual Appreciation
4.67%
Original Mortgage
$349,000
Outstanding Balance
$280,715
Interest Rate
3.48%
Mortgage Type
VA
Estimated Equity
$245,897
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steinborn David D | $349,000 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Steinborn David D | $349,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2016 10/28/16 | Sold | $349,000 | -5.4% | $171 / Sq Ft |
| 09/19/2016 09/19/16 | Pending | -- | -- | -- |
| 05/07/2016 05/07/16 | For Sale | $369,000 | -- | $181 / 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 | $4,128 | $482,200 | $140,800 | $341,400 |
| 2024 | $4,128 | $445,000 | $140,500 | $304,500 |
| 2023 | $3,798 | $445,600 | $140,500 | $305,100 |
| 2022 | $3,298 | $417,600 | $140,500 | $277,100 |
| 2021 | $3,236 | $336,400 | $140,500 | $195,900 |
| 2020 | $3,186 | $317,700 | $140,500 | $177,200 |
| 2019 | $2,950 | $317,700 | $140,500 | $177,200 |
| 2018 | $2,804 | $304,100 | $140,500 | $163,600 |
| 2017 | $2,448 | $294,500 | $140,500 | $154,000 |
| 2016 | $4,918 | $271,400 | $140,500 | $130,900 |
| 2015 | $50 | $263,700 | $140,500 | $123,200 |
| 2014 | $2,480 | $268,500 | $140,500 | $128,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christa Wolner
-
Lynnea Wetzel
Buyer's Agent in 2016
Lynnea Wetzel
RE/MAX
(612) 702-3687
141 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7011511
APN: R37-05-28-327-007
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