NOT LISTED FOR SALE

707 707 Sw Second St Madelia, MN 56062

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

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

Last Sold May 31, 2024

Last sale price $127,500 $177 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,026/month

5 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Landscaped with Trees
  • 3 Car Detached Garage
  • Bungalow
  • 1-Story Property

About This Home

As of May 2024

Step into this charming, cozy 2-bedroom residence nestled on an expansive double lot. Boasting a sleek metal roof, two detached garages, and a convenient driveway offering access to the alley, this abode exudes both practicality and comfort with endless possibilities. Must see to appreciate!

Last Agent to Sell the Property

Kelsey Forbes

TRUE REAL ESTATE License #40717910 Listed on: 05/03/2024

TRUE REAL ESTATE

Last Buyer's Agent

Kelsey Forbes

TRUE REAL ESTATE License #40717910 Listed on: 05/03/2024

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1945

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Bungalow
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 171001030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,441

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Bungalow (L)
  • Amenities: Eat-In Kitchen
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.39
  • Assessment Balance: 35
  • Assessments: Yes
  • Foundation Size: 720
  • L V T Date: 05/03/2024
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 171001030
  • Price Per Square Foot: 83
  • Projected Closed Date: 05/31/2024
  • Sold Price Per Sq Ft: 89
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1476
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 720
  • Tot Above Grade Sq Ft: 720
  • Total Fin Square Footage: 720
  • Total Square Footage: 1440
  • Tot Below Grade Sq Ft: 720

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Garage
  • Roof: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Madelia #837

Lot Info

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

Building Info

  • Year Built: 1945

Tax Info

  • Year: 2024
  • Tax Value: 1441

MLS Schools

  • School District: Madelia #837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
May 31, 2024
Sold by
Brown Betty
Bought by
Nielsen Ty
Seller's Agent
Kelsey Forbes
TRUE REAL ESTATE
Buyer's Agent
Kelsey Forbes
TRUE REAL ESTATE
List Price
$120,000
Sold Price
$127,500
Premium/Discount to List
$7,500
6.25%
Views
17
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.
Estimated Appreciation
$32,623
Avg. Annual Appreciation
21.30%
Original Mortgage
$117,325
Outstanding Balance
$116,055
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$44,068
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
Nielsen Ty $123,500 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $127,500 +6.3% $177 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $120,000 -- $167 / 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 $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

Agents Affiliated with this Home

  • Kelsey Forbes

    Seller's Agent in 2024

    Kelsey Forbes

    TRUE REAL ESTATE

    (507) 995-4077

    59 Total Sales

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7034847

REALTOR® Association of Southern Minnesota

APN: 17.100.1030

Minnesota Watonwan County Madelia 56062

707 707 Sw Second St, Madelia, MN

This home is located at 707 707 Sw Second St, Madelia, MN 56062 since 03 May 2024 and is currently estimated at $160,123, approximately $222 per square foot. This property was built in 1945. 707 707 Sw Second St is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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