NOT LISTED FOR SALE

852 Mill Race Rd Madelia, MN 56062

Estimated Value: $377,000 - $505,000

5 Beds
3.5 Baths
3,704 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $479,900 $130 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,934/month

310 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Welcome to your new Home! This home is a gorgeous 2 story with large entry and open staircase. This 5 bedroom, 4 bath home, has enormous amounts of natural light!
The main level of the home boasts of a large kitchen with plenty of storage and counter space, complete with a great breakfast area. The patio doors open to the private deck, patio, and hot tub area. There is also a large family room with fireplace, and adjoining the kitchen is the formal dining and sitting area. Entering from the garage is another bathroom, and the laundry area.
The upper level has a large landing area. There are 3 bedrooms including the Master Suite with a large walk-in closet, separate tub and shower, double sinks- and a lot of storage. Each of the bedrooms upstairs have walk-in closets. The finished basement has a family room, bathroom, and two additional bedrooms. There is also ample storage and a separate mechanical room.
Seller is now offering Property on Contract for Deed/Special Financing Term

Last Agent to Sell the Property

Jeremy Horkey

BorgsHomes LLC Listed on: 08/10/2023

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,561

Year Built

  • Built in 2001

Lot Details

  • 2.36 Acre Lot
  • Lot Dimensions are 324x354

Parking

  • 3 Car Garage

Home Design

  • Wood Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • River View Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 175800260

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,561

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2504
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Wood
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 3704
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1200
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Other Structures: Hot Tub
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Concrete
  • Garage Square Feet: 1029

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Hot Tub,Primary Bedroom Walk-In Closet,Patio,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Madelia
  • SchoolDistrictNumber: 837
  • SchoolDistrictPhone: 507-642-3232

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 324x354
  • Lot Size Sq Ft: 102801.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 175800260
  • Tax Annual Amount: 6561
  • TaxWithAssessments: 6596.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Jul 10, 2024
Sold by
Redden Jeakobe
Bought by
Grunig Brittany
Seller's Agent
Jeremy Horkey
BorgsHomes LLC
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$479,900
Sold Price
$479,900
Views
382
Current Estimated Value
$448,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,075
Avg. Annual Appreciation
-5.66%

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 8, 2021
Sold by
Sorenson Steven Steven
Bought by
Redden Jeakobe Jeakobe
Seller's Agent
Rebecca Thate
Re/Max Advantage Plus Mankato
Buyer's Agent
Jeremy Horkey
BorgsHomes Realty
List Price
$449,900
Sold Price
$439,900
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$439,900
Interest Rate
2.99%
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
Grunig Brittany $479,900 --
Redden Jeakobe Jeakobe $439,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redden Jeakobe Jeakobe $439,900
Previous Owner Redden Jeakobe Jeakobe --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $479,900 0.0% $130 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $479,900 0.0% $130 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
08/16/2023 08/16/23 For Sale $479,900 +9.1% $130 / Sq Ft
10/08/2021 10/08/21 Sold $439,900 -2.2% $119 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $449,900 -- $121 / Sq Ft
Source: NorthstarMLS

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 $6,086 $420,600 $61,100 $359,500
2024 $5,204 $420,100 $60,800 $359,300
2023 $6,596 $386,300 $28,900 $357,400
2022 $5,034 $427,000 $26,500 $400,500
2021 $6,760 $293,600 $24,500 $269,100
2020 $6,640 $275,000 $24,500 $250,500
2019 $6,878 $275,200 $24,500 $250,700
2018 $7,810 $277,100 $24,500 $252,600
2016 $6,390 $288,200 $24,500 $263,700
2014 -- $232,600 $24,500 $208,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6415586

NorthstarMLS

APN: 17.580.0260