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Sold-co-op by mls member
    • $550,021

    3001 Mustang Dr, Madison Lake, MN 56063

    4beds
    2,932sqft
    Single Family Residence
    Built in 1997
    1.37 Acres Lot
    $562,900 Zestimate®
    $188/sqft
    $2,738 Estimated rent

    Home value

    $562,900

    $535,000 - $591,000

    $2,738/mo

    Zestimate® history
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    What's special

    Idyllic lake areaSpacious houseHard surface countertopsRv parking padWood floors
    Welcome to 3001 Mustang Drive, a stunning modern farmhouse-style house nestled close to the picturesque shores of Lake Ballantyne. This beautiful property offers an idyllic lake area retreat with all the comforts and conveniences of a modern home. With 4 bedrooms and 3 bathrooms spread over 2,932 square feet, this spacious house provides ample space for comfortable living. As you step inside, you'll be greeted by the warm ambiance of the wood floors and the inviting views from all of the windows in the living area. The kitchen boasts hard surface countertops and is perfect for both everyday cooking and entertaining guests. One of the highlights of this property is the deck, offering breathtaking views of the lake and creating the perfect setting for outdoor gatherings. Convenience is key with a 3-car garage and RV parking pad, providing plenty of space for vehicles and recreational vehicles. The property also features a porch that adds charm to its curb appeal. You'll enjoy the shared swimming beach and dock too! Don't miss out on this incredible opportunity to own a lake area retreat in Madison Lake. Schedule your showing today and experience the beauty and tranquility that 3001 Mustang Drive has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    RICH DRAHEIM,

    Weichert REALTORS, Community Group

    Bought with:

    Mike Danberry

    Re/Max Dynamic Agents

    Source: RASM,MLS#: 7032733MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 255
    • Dimensions: 17 x 15
    Bedroom 1
    • Level: Upper
    • Area: 228
    • Dimensions: 19 x 12
    Bedroom 2
    • Level: Upper
    • Area: 228
    • Dimensions: 19 x 12
    Bedroom 3
    • Level: Lower
    • Area: 224
    • Dimensions: 16 x 14
    Dining room
    • Features: Combine with Kitchen, Combine with Living Room, Eat-in Kitchen, Informal Dining Room, Open Floorplan
    Family room
    • Level: Lower
    • Area: 266
    • Dimensions: 19 x 14
    Kitchen
    • Level: Main
    • Area: 266
    • Dimensions: 14 x 19
    Living room
    • Level: Main
    • Area: 285
    • Dimensions: 19 x 15
    Heating
    • Fireplace(s), Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Washer
    • Laundry: Washer/Dryer Hookups
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Bath Description: 3/4 Basement, Full Primary, Upper Level Bath
    • Flooring: Hardwood
    • Basement: Finished,Walk-Out Access,Block,Walk-out
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,734
    • Total interior livable area: 2,932 sqft
    • Finished area above ground: 1,762
    • Finished area below ground: 972

    Property

    Parking
    • Total spaces: 2
    • Parking features: RV Access/Parking, Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: 1.25 - 1.75 Story
    • Stories: 1
    • Patio & porch: Deck, Patio, Porch
    • Waterfront features: Association Access
    • Body of water: Ballantyne
    Lot
    • Size: 1.37 Acres
    • Features: Accessible Shoreline, Landscaped, Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1170
    • Parcel number: R37.05.33.226.017
    • Other equipment: Air to Air Exchange

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame/Wood, Cement Board
    • Roof: Asphalt
    Condition
    • Previously Owned
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: City
    • Water: Shared

    Community & HOA

    Community
    • Features: Swimming Beach
    HOA
    • Has HOA: Yes
    Location
    • Region: Madison Lake

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $432,000
    • Annual tax amount: $3,026
    • Date on market: 9/18/2023
    • Listing terms: Cash,Conventional,DVA,FHA

    Price history

    DateEventPrice
    9/18/2023Sold$550,021+0.9%$188/sqft
    Source: RASM #7032733 Report a problem
    7/3/2023Pending sale$545,000$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6395183 Report a problem
    6/30/2023Contingent$545,000$186/sqft
    Source: RASM #7032733 Report a problem
    6/29/2023Listed for sale$545,000+119.8%$186/sqft
    Source: RASM #7032733 Report a problem
    9/1/2016Sold$247,900+15.3%$85/sqft
    Source: Public Record Report a problem
    9/30/2014Sold$215,000-23.2%$73/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2179798 Report a problem
    5/16/2014Listed for sale$279,900$95/sqft
    Source: Coldwell Banker Welcome Home Realty #7005327 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,696 +16.2%$424,330 +5.6%
    2024$3,182 +5.2%$401,900 +9.9%
    2023$3,026 +17.1%$365,600 +8.2%
    2022$2,584 +9.1%$337,800 +25.4%
    2021$2,368 +2.2%$269,400 +13.1%
    2020$2,316 $238,200
    2019$2,316 +10.3%$238,200 +6.3%
    2018$2,100 +624.1%$224,100 +1.3%
    2017$290 -83%$221,200 +12.2%
    2016$1,706 +3891.6%$197,200 +6.4%
    2015$43 $185,300
    Find assessor info on the county website

    Neighborhood: 56063

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Eagle Lake Elementary
    • Middle: Prairie Winds Middle
    • High: Mankato East
    • District: Mankato #77

    Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $574,158

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