NOT LISTED FOR SALE

878 Mill Race Rd Madelia, MN 56062

Estimated Value: $317,000 - $379,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $8,580

Est. 4,090% increase in value since last sale

Current estimated payment $2,380/month

965 Days on Market

About This Lot

As of March 2019

Country living with city conveniences! Only 20 minutes from Mankato! Pond, wetlands, wildlife, playground!

Last Agent to Sell the Property

PATRICK HRUBY

REALTY EXECUTIVES ASSOCIATES License #20287859 Listed on: 03/02/2016

REALTY EXECUTIVES ASSOCIATES

Last Buyer's Agent

PATRICK HRUBY

REALTY EXECUTIVES ASSOCIATES License #20287859 Listed on: 03/02/2016

REALTY EXECUTIVES ASSOCIATES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,934

Lot Details

  • Lot Dimensions are 90x175
  • Level Lot

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,934

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • L V T Date: 03/02/2016
  • Projected Closed Date: 03/29/2019
  • Street Designation: Road
  • Additional Information: Platted
  • Land Improvements: Curbs/Gutters, Paved, Street Lights
  • Plat Recorded: Yes
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Cable Tv, City Water, City Sewer, Electric, Natural Gas, Storm Sewer

Schools

  • School District: Madelia #837

Lot Info

  • Lot/Land Description: Paved Streets, Telephone, Underground Utilities
  • Estimated Lot Dimensions: 90x175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 29, 2019
Sold by
Madelia Economic Dev Authority
Bought by
Lindberg Michael J
Seller's Agent
PATRICK HRUBY
REALTY EXECUTIVES ASSOCIATES
Buyer's Agent
PATRICK HRUBY
REALTY EXECUTIVES ASSOCIATES
List Price
$21,450
Sold Price
$8,580
Premium/Discount to List
-$12,870
-60%
Current Estimated Value
$359,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,935
Avg. Annual Appreciation
80.25%
Original Mortgage
$199,595
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lindberg Michael J $8,579 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindberg Michael J $199,595
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $8,580 -60.0% --
10/23/2018 10/23/18 Pending -- -- --
03/02/2016 03/02/16 For Sale $21,450 -- --
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 $4,934 $363,700 $43,600 $320,100
2024 $4,562 $363,600 $43,600 $320,000
2023 $4,768 $342,500 $26,900 $315,600
2022 $4,004 $313,900 $24,500 $289,400
2021 $1,854 $238,800 $22,700 $216,100
2020 $232 $121,900 $11,300 $110,600
2019 $238 $11,300 $11,300 $0
2018 $0 $11,300 $11,300 $0
2016 -- $11,300 $11,300 $0
2014 -- $11,300 $11,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7010665

REALTOR® Association of Southern Minnesota

APN: 17.580.0160