Seller's Agent in 2024
Tana Stoufer
TRUE REAL ESTATE
(507) 469-9274
78 Total Sales
96 96 Cedar Ln Madison Lake, MN 56063
Estimated Value: $709,000 - $878,000
5
Beds
3.5
Baths
3,570
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- 249 Feet of Waterfront
- Docks
- Sandy Beach
- Eagle Lake Elementary School Rated A-
- Beach Access
- Heated Floors
About This Home
As of May 2024Stunning 5-bedroom, 4-bath home with nearly 250-feet of shoreline just one hour south of the metro. Banks of oversized windows facing lakeside make this home bright and airy all year around. Main level open concept living, kitchen and dining areas with gas fireplace and polished hardwood floors. Butler's pantry, laundry/mudroom area to the rear of the kitchen leads to the attached 3-stall garage. 17 x 25 walk-up unfinished loft with loads of natural light above the garage offers exciting potential. The opposite wing of the main level consists of Owner's suite, guest bedroom and guest bath. Lower level is equipped with heated and stained concrete flooring with three additional bedrooms, full bath and family room with a 2nd gas fireplace and potential for a 6th bedroom. Stroll out from the family room to the patio and continue on to the well-maintained sandy shoreline with two docks. There is SO much to love about this home - see for yourself and set up your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,094
Year Built
- Built in 2002
Lot Details
- 1.2 Acre Lot
- Lot Dimensions are 247x258x307x135
- 249 Feet of Waterfront
- Lake Front
- Sandy Beach
- Landscaped with Trees
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Open Floorplan
- Central Vacuum
- Multiple Fireplaces
- Heated Floors
- Dryer
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bathroom is a Full Bathroom
Basement
- Walk-Out Basement
- Block Basement Construction
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Beach Access
- Docks
- Deck
- Patio
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number R14.05.27.476.016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2024
Closed on
May 20, 2024
Sold by
Pasbrig Heather and Pasbrig Chad
Bought by
Pope Aaron and Purdue Melissa
Seller's Agent
Tana Stoufer
TRUE REAL ESTATE
Buyer's Agent
Samantha Olsen
TRUE REAL ESTATE
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,052
Avg. Annual Appreciation
1.48%
Original Mortgage
$640,000
Outstanding Balance
$630,923
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$186,129
Purchase Details
Closed on
Oct 7, 2022
Sold by
Erickson Jerald and Bissen Elizabeth
Bought by
Pasbrig Chad and Pasbrig Heather
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.55%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pope Aaron | $800,000 | -- | |
| Pasbrig Chad | $735,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pope Aaron | $640,000 | |
| Previous Owner | Pasbrig Chad | $625,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $800,000 | -3.5% | $224 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | For Sale | $829,000 | -- | $232 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $10,350 | $818,400 | $226,900 | $591,500 |
| 2024 | $10,350 | $709,800 | $226,900 | $482,900 |
| 2023 | $9,418 | $694,700 | $226,900 | $467,800 |
| 2022 | $6,372 | $615,100 | $226,900 | $388,200 |
| 2021 | $6,142 | $569,200 | $226,900 | $342,300 |
| 2020 | $5,472 | $542,400 | $226,900 | $315,500 |
| 2019 | $7,418 | $542,400 | $226,900 | $315,500 |
| 2018 | $7,200 | $522,100 | $226,900 | $295,200 |
| 2017 | $6,608 | $522,100 | $226,900 | $295,200 |
| 2016 | $6,370 | $499,200 | $226,900 | $272,300 |
| 2015 | $60 | $493,500 | $226,900 | $266,600 |
| 2014 | $6,954 | $470,300 | $226,900 | $243,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tana Stoufer
-
David Stoufer
Seller Co-Listing Agent in 2024
David Stoufer
TRUE REAL ESTATE
(507) 382-0541
39 Total Sales
-
Samantha Olsen
S
Buyer's Agent in 2024
Samantha Olsen
TRUE REAL ESTATE
(507) 304-5974
31 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7034552
APN: R14-05-27-476-016
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