NOT LISTED FOR SALE

863 Mill Race Rd Madelia, MN 56062

Estimated Value: $383,000 - $406,512

5 Beds
3 Baths
3,148 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $380,000 $121 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,626/month

139 Days on Market

Highlights

  • Open Floorplan
  • 3 Car Attached Garage
  • Walk-In Closet
  • Ranch Style House
  • Double Pane Windows
  • Bathroom on Main Level

About This Home

As of June 2023

Nestled just outside of Madelia in the River View Heights subdivision sits this 2021 Design Home Center built home on just under a half-acre lot. This modern farmhouse build is both functional and fresh! It begins at the curb, with maintenance-free exterior and stone accents that greet you as you ascend towards the entry. Comprised of five bedrooms and three baths, this home is spacious and very inviting. In the primary bedroom, you'll find a pan ceiling, a walk-in closet, and a private en-suite. The laundry/mudroom is right off the three-car garage and kitchen for added convenience. The open-concept main floor offers a spacious kitchen with stainless appliances, a large center island, and ample cabinet space. The lower level boasts a large family/theater room and two additional bedrooms. Pan ceilings in the master and great room, Cambria island top, cultured marble vanity tops, and Onyx shower panels are just a few of the many upgraded finishes this home has to offer.

Last Agent to Sell the Property

Elizabeth Greiner

TRUE REAL ESTATE License #40730138 Listed on: 10/12/2022

TRUE REAL ESTATE

Last Buyer's Agent

Elizabeth Greiner

TRUE REAL ESTATE License #40730138 Listed on: 10/12/2022

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,098

Year Built

  • Built in 2021

Lot Details

  • 0.4 Acre Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 175800520

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,098

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.4
  • Construction: Previously Owned
  • Foundation Size: 1648
  • L V T Date: 10/12/2022
  • Mechanicals: Air to Air Exchange, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: 175800520
  • Price Per Square Foot: 121
  • Sold Price Per Sq Ft: 115
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 5098
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Kitchen, 13.6x13.7, On Level: Main
  • Room 2: Dining Room, 10.11x13.9, On Level: Main
  • Room 3: Great Room, 13.10x17.3, On Level: Main
  • Room 4: Foyer, 7.2x11.8, On Level: Main
  • Room 5: Master Bedroom, 12x15, On Level: Main
  • Room 6: Bathroom, On Level: Main
  • Room 7: 12.1x11.4, On Level: Main
  • Room 8: Bedroom, 11.6x13, On Level: Main
  • Room 9: Family Room, 41x21, On Level: Basement
  • Room 10: Bedroom, 12.10x14, On Level: Basement
  • Room 11: Bedroom, 14.5x13.7, On Level: Basement
  • Room 12: Bathroom, On Level: Main
  • Room 13: Bathroom, On Level: Basement
  • Room 14: Laundry Room, 11x6, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1648
  • Below Grade Finished Sq Ft: 1500
  • Tot Above Grade Sq Ft: 1648
  • Total Fin Square Footage: 3148
  • Total Square Footage: 3296
  • Tot Below Grade Sq Ft: 1648

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Stone, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3
  • Garage Square Footage: 936

Utilities

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

Schools

  • School District: Mankato #77

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Irregular Lot

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2022
  • Tax Value: 5098

MLS Schools

  • School District: Mankato #77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Jun 5, 2023
Sold by
Engeman Jordan and Engeman Anastacia
Bought by
Thompson Cody and Thompson Cassandra
Seller's Agent
Elizabeth Greiner
TRUE REAL ESTATE
Buyer's Agent
Elizabeth Greiner
TRUE REAL ESTATE
List Price
$429,900
Sold Price
$380,000
Premium/Discount to List
-$49,900
-11.61%
Views
67
Current Estimated Value
$396,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,340
Avg. Annual Appreciation
2.18%
Original Mortgage
$150,000
Outstanding Balance
$146,306
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$252,072

Purchase Details

Listed on
Nov 3, 2020
Closed on
May 26, 2021
Bought by
Engeman Jordan Jordan
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Elizabeth Greiner
TRUE REAL ESTATE
List Price
$352,000
Sold Price
$358,800
Premium/Discount to List
$6,800
1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Mar 27, 2020
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
Thompson Cody $380,000 --
Engeman Jordan Jordan $358,800 --
-- $27,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Cody $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $380,000 -5.0% $121 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/15/2023 01/15/23 Price Changed $399,900 -4.8% $127 / Sq Ft
11/03/2022 11/03/22 Price Changed $419,900 -2.3% $133 / Sq Ft
10/12/2022 10/12/22 For Sale $429,900 +19.8% $137 / Sq Ft
05/28/2021 05/28/21 Sold $358,800 +1.9% $218 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
11/03/2020 11/03/20 For Sale $352,000 -- $214 / 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 $5,466 $399,100 $39,700 $359,400
2024 $4,948 $399,600 $39,700 $359,900
2023 $5,444 $369,600 $25,700 $343,900
2022 $5,098 $354,700 $23,400 $331,300
2021 $232 $297,000 $21,600 $275,400
2020 $222 $10,800 $10,800 $0
2019 $228 $10,800 $10,800 $0
2018 $0 $10,800 $10,800 $0
2016 -- $10,800 $10,800 $0
2014 -- $10,800 $10,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Greiner

    Seller's Agent in 2023

    Elizabeth Greiner

    TRUE REAL ESTATE

    (507) 340-5417

    98 Total Sales

    Section Image
  • Jeff Kaul

    Seller's Agent in 2021

    Jeff Kaul

    CENTURY 21 ATWOOD

    (507) 381-1133

    415 Total Sales

    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031139

REALTOR® Association of Southern Minnesota

APN: 17.580.0520

Minnesota Watonwan County Madelia 56062

863 Mill Race Rd, Madelia, MN

This home is located at 863 Mill Race Rd, Madelia, MN 56062 since 12 October 2022 and is currently estimated at $398,378, approximately $126 per square foot. This property was built in 2021. 863 Mill Race Rd 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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