NOT LISTED FOR SALE

708 708 W 3 St Madison, MN 56256

Estimated Value: $109,000 - $140,261

6 Beds
3.5 Baths
3,000 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $13,500 $4 Per Sq Ft

Est. 828% increase in value since last sale

Current estimated payment $751/month

481 Days on Market

Highlights

  • 1 Car Detached Garage
  • Wood Siding
  • 1-minute walk to Big Fishy
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of September 2012

Large home with many rooms. Close to downtown.

Last Agent to Sell the Property

Thomas Amberg

1ST MINNESOTA REALTY, INC. Listed on: 04/21/2011

Last Buyer's Agent

Thomas Amberg

1ST MINNESOTA REALTY, INC. Listed on: 04/21/2011

Home Details

Home Type

  • Single Family

Year Built

  • 1920

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

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

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Lot Dimensions are 140x60
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 54-0267-000

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities Exterior: Driveway - Gravel
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Parcel Number: 54-0267-000
  • Stories: 2 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 22x14, On Level: Main
  • Room 2: Dining Room, 10x11, On Level: Main
  • Room 3: Kitchen, 13x11, On Level: Main
  • Room 4: Family Room, 22x14, On Level: Main
  • Room 5: Master Bedroom, 12x11, On Level: Upper
  • Room 6: Bedroom, 17x9, On Level: Upper
  • Room 7: 12x9, On Level: Upper
  • Room 8: Bedroom, 10x10, On Level: Main
  • Room 9: Bedroom, 10x9, On Level: Main
  • Room 10: Other, 10x9, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3000
  • Total Fin Square Footage: 3000
  • Total Square Footage: 4320

Exterior Features

  • Frontage Road: City
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 140x60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2011
Closed on
Sep 19, 2012
Sold by
Minnesota Housing Finance Agency
Bought by
Bormann Melissa K
Seller's Agent
Thomas Amberg
1ST MINNESOTA REALTY, INC.
Buyer's Agent
Thomas Amberg
1ST MINNESOTA REALTY, INC.
List Price
$44,000
Sold Price
$13,500
Premium/Discount to List
-$30,500
-69.32%
Current Estimated Value
$125,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,750
Avg. Annual Appreciation
18.35%
Original Mortgage
$20,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2011
Sold by
Redepenning Jonathan
Bought by
Minnesota Housing Finance Agency

Purchase Details

Closed on
Aug 28, 2006
Sold by
Nesvold Daniel J and Nesvold Teree A
Bought by
Redepening Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,420
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bormann Melissa K $13,500 None Available
Minnesota Housing Finance Agency $40,375 None Available
Redepening Jonathan $71,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bormann Melissa K $20,000
Previous Owner Redepening Jonathan $72,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $13,500 -69.3% $5 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
04/21/2011 04/21/11 For Sale $44,000 -- $15 / 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
2024 $1,168 $91,200 $4,000 $87,200
2023 $1,318 $104,600 $4,000 $100,600
2022 $728 $75,000 $4,000 $71,000
2021 $708 $60,200 $4,000 $56,200
2020 $684 $56,200 $4,000 $52,200
2019 $634 $54,500 $4,000 $50,500
2018 $646 $54,500 $4,000 $50,500
2017 $396 $53,300 $4,000 $49,300
2016 $384 $32,400 $4,000 $28,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4271184

REALTOR® Association of Southern Minnesota

APN: 54-0267-000