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Off market
  • $831,000

    62503 Shorewood Ln, Madison Lake, MN 56063

    4beds
    3,216sqft
    SingleFamily
    Built in 1989
    1.25 Acres Lot
    $831,000 Zestimate®
    $258/sqft
    $2,419 Estimated rent

    Home value

    $831,000

    $773,000 - $897,000

    $2,419/mo

    Zestimate® history
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    $2,419/mo

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    $5,175/mo

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    $5,175/mo

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    What's special

    Situated on 1.25 acres, this stunning lake home featuring 150 feet of gently sloping Madison Lake East Bay shoreline is a must-see. Just steps inside the grand foyer you are greeted by beautiful oak hardwood flooring, convenient coat closet, and a floor to ceiling Kozy Heat wood burning Kasota stone fireplace. The main floor living room, informal dining area, and spacious kitchen are enveloped by a vaulted ceiling creating a welcoming, cohesive space. The updated kitchen offers custom oak cabinetry, Cambria countertops, modern lighting, updated appliances and two-tier breakfast bar. Durable tile flooring connects the kitchen and dining area. Just off of the kitchen is the main floor laundry/mudroom - ideal drop zone! Access to the 14' x 19.5' deck overlooking the expansive yard and lake is off of the living/dining areas - perfect for everyday living and entertaining. The master bedroom features large windows with lakeviews, double closets, and pass-through to the main floor full bathroom featuring separate shower and jetted tub. There is a 2nd bedroom on this level as well before the tour continues downstairs. The walk-out lower level is finished off with a large family room, 2nd Kozy Heat wood burning fireplace, two more bedrooms, full bathroom with attached cedar sauna, wonderful storage, and mechanical area. Patio doors take you to the lower level paver patio allowing you to take in the meticulous, professional, perennial landscaping surrounding this home and the gently sloping yard leading to the 150 feet of pristine lake shore. Oh and did we mention the 4 stall attached garage?! A must-have feature with all of the storage needed for the 'lake toys!' Three of the stalls are heated and there is even a built-in workbench. Additional special features include: irrigation system, 6 panel doors throughout the home, Andersen Windows, central vacuum, city sewer (all assessments already paid!) new water heater in 2016, new Trane furnace and new Trane AC in 2014, new water pressure tank in 2019. Schedule your private showing, TODAY!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,216 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • On waterfront: Yes
    Lot
    • Size: 1.25 Acres
    Details
    • Parcel number: R370535426006

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Wood
    • Roof: Asphalt
    Condition
    • Year built: 1989

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Madison Lake

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $666,500
    • Annual tax amount: $6,182

    Price history

    DateEventPrice
    10/7/2019Sold$603,000+0.7%$188/sqft
    Source: Public Record Report a problem
    9/4/2019Listed for sale$599,000$186/sqft
    Source: AMERICAN WAY REALTY #7022136 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,182 +7.1%$666,500 +5.5%
    2024$5,772 +3.9%$631,500
    2023$5,554 +12.6%$631,500 +6.5%
    2022$4,932 +1.9%$592,700 +19.6%
    2021$4,842 +9.8%$495,600 +15.1%
    2020$4,408 $430,700
    2019$4,408 +0.8%$430,700 -2.1%
    2018$4,374 +1628.9%$440,100
    2017$253 -93.4%$440,100 +7.8%
    2016$3,816 +10230.3%$408,200 +2.7%
    2015$37 -99.1%$397,600 -2.1%
    2014$3,914 $406,100 -1.6%
    2013-- $412,500 -0.4%
    2012-- $414,200 -1%
    2011-- $418,500 -1.9%
    2010-- $426,400
    Find assessor info on the county website

    Neighborhood: 56063

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mankato #77

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

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $831,000
    2% more
    +$16,620
    With Zillow Showcase(estimated)
    $847,620