NOT LISTED FOR SALE

61610 Nutmeg Rd Madison Lake, MN 56063

Estimated Value: $397,000 - $502,000

3 Beds
2 Baths
2,036 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $332,000 $163 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,798/month

Highlights

  • 156 Feet of Waterfront
  • Docks
  • Deck
  • Eagle Lake Elementary School Rated A-
  • Beach Access
  • Vaulted Ceiling

About This Home

As of August 2017

It's tough to find a lake lot nicer than this! Just over 156 ft of lake shore on a 1.29 acre lot that has such a gradual slope to the lake and is the home to plenty of nice shade trees and wildlife. (Seller witnessed Wood Ducks hatch and drop just the other day). Practical one story rambler with walk-out basement that's had 1 owner and has been well cared for. The main level features almost 1,100 sq ft plus 3 season breezeway porch to the garage. Nicely laid out kitchen/dining area that allows more than enough space to both work and entertain. A deck from a patio door off dining that extends to the breezeway and beyond will let you soak in the views. 2 bedrooms and a full bath complete the main level. The lower level features a 3rd bedroom, a 2nd bath, and a very nice sized family room with access to the back yard and lake. The garage has great cabinets and a little extra room for space to work. There is also a detached shed on the property. Come relax and take a tour today.

Last Agent to Sell the Property

Kenneth Lundberg

RE/MAX DYNAMIC AGENTS ST. PETER Listed on: 06/01/2017

RE/MAX DYNAMIC AGENTS ST. PETER

Co-Listed By

Judy Conroy

RE/MAX DYNAMIC AGENTS ST. PETER License #0094618

Last Buyer's Agent

Angie VanEman Lynch

AMERICAN WAY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,852

Year Built

  • 1983

Lot Details

  • 1.29 Acre Lot
  • 156 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R14.05.27.351.003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,852

Year Built

1983

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Dock
  • Estimated Number of Acres: 1.29
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1092
  • L V T Date: 06/03/2017
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: R14.05.27.351.003
  • Stories: 1 Story
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • 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, 12'6x15, On Level: Main
  • Room 2: Dining Room, 13x11'6, On Level: Main
  • Room 3: Living Room, 21x11, On Level: Main
  • Room 4: 3 Season Porch, 11x12'6, On Level: Main
  • Room 5: Family Room, 40x14, On Level: Lower
  • Room 6: Bedroom, 10'5x12'2, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1236
  • Below Grade Finished Sq Ft: 800
  • Tot Above Grade Sq Ft: 1236
  • Total Fin Square Footage: 2036
  • Total Square Footage: 2328
  • Tot Below Grade Sq Ft: 1092

Exterior Features

  • Frontage Road: City
  • Waterfront Name: Ballantyne
  • Construction Type: Frame/Wood
  • Exterior: Brick, Fiber Board
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 156.45
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Square Footage: 480

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 1.29 acres
  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 31, 2017
Sold by
Reichel Gary P and Reichel Cherryl K
Bought by
Rossi Robin M
Seller's Agent
Kenneth Lundberg
RE/MAX DYNAMIC AGENTS ST. PETER
Buyer's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
List Price
$333,300
Sold Price
$332,000
Premium/Discount to List
-$1,300
-0.39%
Current Estimated Value
$455,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,268
Avg. Annual Appreciation
3.95%
Original Mortgage
$265,600
Outstanding Balance
$221,973
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$233,295
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
Rossi Robin M $332,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossi Robin M $265,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $332,000 -0.4% $163 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $333,300 -- $164 / 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 $4,852 $412,200 $130,300 $281,900
2024 $4,852 $366,000 $130,300 $235,700
2023 $4,638 $361,400 $130,300 $231,100
2022 $4,214 $322,100 $130,300 $191,800
2021 $3,792 $286,900 $130,300 $156,600
2020 $3,666 $273,300 $130,300 $143,000
2019 $3,810 $273,300 $130,300 $143,000
2018 $3,700 $280,200 $146,600 $133,600
2017 $5,712 $280,200 $146,600 $133,600
2016 $5,562 $269,900 $146,600 $123,300
2015 $55 $265,400 $155,200 $110,200
2014 $2,328 $254,300 $146,600 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7014785

REALTOR® Association of Southern Minnesota

APN: R14-05-27-351-003