NOT LISTED FOR SALE

707 2nd St SW Madelia, MN 56062

Estimated Value: $136,000 - $181,000

2 Beds
1 Bath
720 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 707 2nd St SW, Madelia, MN 56062 and is currently estimated at $160,123, approximately $222 per square foot. 707 2nd St SW is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Brown Betty
Bought by
Nielsen Ty
Current Estimated Value
$160,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,325
Outstanding Balance
$116,055
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$45,841
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Nielsen Ty $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Ty $117,325
Source: Public Records

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 $1,698 $146,700 $33,600 $113,100
2024 $1,476 $146,600 $33,600 $113,000
2023 $1,460 $128,300 $26,400 $101,900
2022 $1,188 $114,000 $24,700 $89,300
2021 $1,134 $89,300 $22,900 $66,400
2020 $908 $84,600 $22,900 $61,700
2019 $952 $74,100 $22,900 $51,200
2018 $962 $75,700 $22,900 $52,800
2016 $752 $68,400 $22,900 $45,500
2014 -- $66,200 $22,900 $43,300
Source: Public Records

Map

Minnesota Watonwan County Madelia 56062

707 2nd St SW, Madelia, MN

This home is located at 707 2nd St SW, Madelia, MN 56062 and is currently estimated at $160,123, approximately $222 per square foot. 707 2nd St SW is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.

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