NOT LISTED FOR SALE

79 Balsam Cir Madison Lake, MN 56063

Estimated Value: $471,000 - $525,246

0.28 Acre
$1,790,400 Price per Acre
12,197 Sq Ft Lot

Last Sold December 31, 2018

Last sale price $28,400

Est. 1,665% increase in value since last sale

Current estimated payment $3,171/month

About This Lot

As of December 2018

This home is located at 79 Balsam Cir, Madison Lake, MN 56063 since 18 December 2018 and is currently estimated at $501,312. 79 Balsam Cir is a home located in Blue Earth County with nearby schools including Eagle Lake Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 12/18/2018

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Scott Borgmeier

BH Realty Group Waterville License #40663204

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,404

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 81 x 150
  • Level Lot
  • Finished Lot(s)

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number R14.05.26.304.006

Property Details

Property Type

Land

Est. Annual Taxes

$6,404

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • L V T Date: 12/31/2018
  • Parcel Number: R14.05.26.304.006
  • Street Designation: Circle
  • Estimated Number of Acres: 0.28
  • Additional Information: Survey
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved, Street Lights
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Water, City Sewer, Electric, Natural Gas
  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas, Storm Sewer, Telephone

Lot Info

  • Estimated Lot Dimensions: 81 x 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2020
Sold by
Rome Reichel Const Inc
Bought by
Keim Randy W and Keim Paula E
Current Estimated Value
$501,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$123,696
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$377,616

Purchase Details

Listed on
Dec 18, 2018
Closed on
Dec 26, 2018
Sold by
Mesenbrink Construction & Eng
Bought by
Rome Reichel Construction Inc
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Scott Borgmeier
BH Realty Group Waterville
List Price
$28,400
Sold Price
$28,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.06%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Keim Randy W $378,552 Stewart Title
Rome Reichel Construction Inc $85,200 Title Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keim Randy W $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $28,400 0.0% --
12/19/2018 12/19/18 Pending -- -- --
12/18/2018 12/18/18 For Sale $28,400 -- --
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 $6,404 $553,400 $30,400 $523,000
2024 $6,404 $471,300 $30,400 $440,900
2023 $5,758 $445,200 $30,400 $414,800
2022 $5,124 $392,800 $30,400 $362,400
2021 $2,440 $342,500 $30,400 $312,100
2020 $460 $27,300 $27,300 $0
2019 $358 $27,300 $27,300 $0
2018 $348 $25,500 $25,500 $0
2017 $336 $25,500 $25,500 $0
2016 $328 $25,500 $25,500 $0
2015 $3 $25,500 $25,500 $0
2014 $322 $76,500 $76,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Terrell

    Seller's Agent in 2018

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    166 Total Sales

    Dennis Terrell
    Section Image
  • Scott Borgmeier

    Buyer's Agent in 2018

    Scott Borgmeier

    BH Realty Group Waterville

    (507) 257-2200

    181 Total Sales

    Scott Borgmeier
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019774

REALTOR® Association of Southern Minnesota

APN: R14-05-26-304-006

Minnesota Blue Earth County Madison Lake 56063

79 Balsam Cir, Madison Lake, MN

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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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