Check Availability

61207 Frederick Drive

61207 Frederick Drive, Madison Lake, MN 56063
Property in Jamestown
Sold Dec 29, 2021
$516,252
$413,000 by First National Bank Waseca
Mortgage Due Dec 29, 2051
61207 Frederick Drive has been categorized by the local assessors in Madison Lake, MN as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 61207 Frederick Drive has 3,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,930 ft and across the front of the lot is 1,760 ft. The area measurement of the land has been determined as 45,302 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 972 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with metal control joints. The building has a hip style roof made of shingle (not wood). The exterior walls of the building are made of metal. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 61207 Frederick Drive sold most recently in Dec 3, 2021 for a total of $516,252. If you work out the math, that's approximately a cost of $171.17 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,590 in taxes each year. 61207 Frederick Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $519,200. If we break it down further, the land itself was valued at $145,300. Improvements to the property, however, were assessed at a total of $373,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Metal Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Construction Type: Metal
  • Building Style: A-frame
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 972
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 45,302
  • Lot Size Depth Feet: 2,930
  • Lot Size Frontage Feet: 1,760
  • Total Building Area: 3,016
  • Gross Building Area: 3,016
  • Building Area: 3,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIMBLES ACRES
  • Land Acres: 1.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KIMBLES ACRES 004 001 00 001.039A

Ownership

  • Current Owner : KRAUSE ANDY S
  • Current Owner 2: KRAUSE BETH T
  • Previous Owner : HANNEGREFS JIM JARED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mankato Public School District
  • School Tax School District: JAMESTOWN TWP
  • Census Tract: 170100

Geography

  • Parcel: R37.05.28.327.011
  • Block: 1
  • Lot: 4
  • Meridian: SEC 28 TWN 109 RNG 25
  • Municipality: JAMESTOWN TWP
  • Latitude: 44.2167
  • Longitude: -93.8402

    Address

  • Full Address: 61207 Frederick Dr
  • Address - House Number: 61207
  • Address - Street Name: Frederick
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Madison Lake
  • Carrier Code: R002
  • 4-Digit Zip Code: 4211
  • Zip Code: 56063

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,590
  • Tax Rate Code Area: JAMESTOWN

    Appraisal Valuation

  • Standard Deviation: 0.1228
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 564,120
  • High Value: 633,407
  • Low Value: 494,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $413,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK WASECA
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $413,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 29, 2051

    Market Valuation

  • Market Total Value: $519,200
  • Market Land Value: $145,300
  • Market Improvement Value: $373,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,200
  • Assessed Land Value: $145,300
  • Assessed Improvements Value: $373,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11877546861
  • Current Sale Price: $516,252
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 596CR146

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK WASECA
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $413,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Blue Earth



Similar Buildings

Property at 61207 Frederick Drive,

3019 Mustang Drive

  • 2 Units for Sale
3019 Mustang Drive, Madison Lake, MN 56063
Property at 61207 Frederick Drive,

3017 Mustang Drive

  • 2 Units for Sale
3017 Mustang Drive, Madison Lake, MN 56063

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 61207 Frederick Drive located in?
The 61207 Frederick Drive is a located in the neighborhood of Jamestown in Blue Earth, Madison Lake.
What is the average sales price for listings in 61207 Frederick Drive?
The average sales price for units in 61207 Frederick Drive is $0 currently.

Quantcast