NOT LISTED FOR SALE

700 7th St Madison Lake, MN 56063

Estimated Value: $207,000 - $238,831

3 Beds
1.5 Baths
2,147 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2016

Last sale price $108,000 $50 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,415 / mo

144 Days on Market

Highlights

  • RV Access or Parking
  • Cape Cod Architecture
  • Formal Dining Room
  • Eagle Lake Elementary School Rated A-
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of December 2016

Small town living is only 10 miles from Mankato. This home has new windows (except for 2). It is located across from the ball diamond. It has 2 bedrooms upstairs and a playroom, a bedroom /office on the main floor with a full wall of built-in's, and also a large living room and a formal dining room, which have oak flooring. The kitchen has eat-in dining overlooking creek on side yard. The family room has a bar and a fireplace with insert. the yard is large, 1/3 acre!!! Home is only 1 block from the lake.

Last Agent to Sell the Property

Cathy Sieberg

MIDWEST REALTY License #00482136 Listed on: 06/03/2016

Last Buyer's Agent

Angie VanEman Lynch

AMERICAN WAY REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1920

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 100x150
  • Landscaped with Trees

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonite

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R.14.05.34.401.009

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0.34 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Cape Cod (L)
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Skylight, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Asphalt, Patio, Porch, RV Parking
  • Estimated Number of Acres: 0.34
  • Foundation Size: 783
  • L V T Date: 06/03/2016
  • Mechanicals: Water Softener-Owned
  • Parcel Number: R.14.05.34.401.009
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x16, On Level: Main
  • Room 2: Dining Room, 15x14, On Level: Main
  • Room 3: Kitchen, 14x12, On Level: Main
  • Room 4: Bedroom, 11x10, On Level: Main
  • Room 5: Bedroom, 15x16, On Level: Upper
  • Room 6: Bedroom, 10x12, On Level: Upper
  • Room 7: 8x10, On Level: Upper
  • Room 8: Family Room, 17x14, On Level: Basement
  • Room 9: Den/Office, 11x24, On Level: Basement
  • Room 10: Porch, 17x8, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1501
  • Below Grade Finished Sq Ft: 646
  • Tot Above Grade Sq Ft: 1501
  • Total Fin Square Footage: 2147
  • Total Square Footage: 2284
  • Tot Below Grade Sq Ft: 783

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Masonite (L)
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 720

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Baseboard, Hot Water
  • Sewer: City
  • Water: City

Schools

  • Mankato Schools: Mankato East, Rosa Parks Elementary, Eagle Lake Elementary

Lot Info

  • Estimated Lot Dimensions: 100x150
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Dec 5, 2016
Sold by
Gunderson Douglas and Gunderson Jessica
Bought by
Bennett Michael
Seller's Agent
Cathy Sieberg
MIDWEST REALTY
Buyer's Agent
Angie VanEman Lynch
AMERICAN WAY REALTY
List Price
$129,900
Sold Price
$108,000
Premium/Discount to List
-$21,900
-16.86%
Current Estimated Value
$220,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,178
Avg. Annual Appreciation
7.74%
Original Mortgage
$102,600
Outstanding Balance
$81,133
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$138,075
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Bennett Michael $108,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Bennett Michael $102,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $108,000 -16.9% $50 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $129,900 -- $61 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2026 $2,654 $189,500 $30,000 $159,500
2025 $2,654 $217,300 $30,000 $187,300
2024 $2,380 $198,500 $30,000 $168,500
2023 $2,214 $189,200 $30,000 $159,200
2022 $1,834 $169,100 $30,000 $139,100
2021 $1,792 $141,300 $30,000 $111,300
2020 $1,576 $133,700 $30,000 $103,700
2019 $1,570 $133,700 $30,000 $103,700
2018 $1,530 $132,200 $30,000 $102,200
2017 $1,474 $132,200 $30,000 $102,200
2016 $1,406 $132,400 $30,000 $102,400
2015 $13 $130,300 $30,000 $100,300
2014 $1,858 $120,600 $30,000 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011811

REALTOR® Association of Southern Minnesota

APN: R14-05-34-401-009

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