NOT LISTED FOR SALE

620 Doran Dr Madison Lake, MN 56063

Estimated Value: $326,000 - $391,000

3 Beds
2 Baths
898 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $310,000 $345 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,353/month

Highlights

  • Lake Front
  • Open Floorplan
  • Wood Flooring
  • Eagle Lake Elementary School Rated A-
  • Deck
  • Bungalow

About This Home

As of July 2022

Adorable bungalow perched on Duck Lake– Welcome to 620 Doran Drive, Madison Lake. Suitable for year round living or a perfect cabin escape, this is the one you've been waiting for! Practically rebuilt in 2006 & filled with updates. Enjoy morning coffee on the oversize porch overlooking this peaceful lake. Main floor offers an open concept floor plan with hardwood flooring flowing throughout the galley kitchen and living room with a corner wood burning fireplace. A cozy bedroom and 3/4 bathroom are tucked behind the living area. Spiral staircase leads you to the upper level with vaulted ceilings and bright skylights with an additional 2 bedrooms along with another 3/4 bathroom. Full basement offers great storage space with laundry & mechanicals and potential to finish off for additional living space and bathroom (plumbing roughed in already). Oversized storage shed is perfect for the lawn mower & water toys. Wide stairway leading down to the lake with a large 13x19 deck overlooking the water. Simply pack up for the lake & move right in!

Last Agent to Sell the Property

Jacob Kennedy

RE/MAX DYNAMIC AGENTS License #40632202 Listed on: 06/01/2022

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

PAMELA SHOWERS

MIDWEST REALTY License #20095696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,260

Year Built

  • 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 898 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R14.05.27.227.036

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,260

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Bungalow (L)
  • Amenities: Ceiling Fans, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.17
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 528
  • L V T Date: 06/02/2022
  • Mechanicals: Sump Pump
  • Parcel Number: R14.05.27.227.036
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 898
  • Tot Above Grade Sq Ft: 898
  • Total Fin Square Footage: 898
  • Total Square Footage: 1426
  • Tot Below Grade Sq Ft: 528

Exterior Features

  • Waterfront Name: Duck
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: .17 acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 5, 2022
Sold by
Jones Bruce and Jones Carol
Bought by
Archer Dan and Archer Kristin
Seller's Agent
Jacob Kennedy
RE/MAX DYNAMIC AGENTS
Buyer's Agent
PAMELA SHOWERS
MIDWEST REALTY
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$348,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,122
Avg. Annual Appreciation
3.57%
Original Mortgage
$240,000
Outstanding Balance
$228,646
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$119,476
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
Archer Dan $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Dan $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $310,000 -3.1% $345 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $319,900 -- $356 / 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 $6,260 $316,600 $96,000 $220,600
2024 $6,260 $315,600 $96,700 $218,900
2023 $4,558 $315,300 $95,700 $219,600
2022 $4,420 $173,800 $81,300 $92,500
2021 $4,282 $156,700 $81,300 $75,400
2020 $4,124 $150,000 $81,300 $68,700
2019 $4,058 $150,000 $81,300 $68,700
2018 $3,990 $142,500 $81,300 $61,200
2017 $3,932 $142,500 $81,300 $61,200
2016 $3,868 $137,700 $81,300 $56,400
2015 $39 $135,000 $81,300 $53,700
Source: Public Records

Agents Affiliated with this Home

  • Jacob Kennedy

    Seller's Agent in 2022

    Jacob Kennedy

    RE/MAX

    (507) 380-6368

    117 Total Sales

    Jacob Kennedy
    Section Image

  • P

    Buyer's Agent in 2022

    PAMELA SHOWERS

    MIDWEST REALTY

    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029986

REALTOR® Association of Southern Minnesota

APN: R14.05.27.227.036

Minnesota Blue Earth County Madison Lake 56063

620 Doran Dr, Madison Lake, MN

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