Skip main navigation
Off market
  • $320,900

    501 Sumac Rd, Madison Lake, MN 56063

    4beds
    2,076sqft
    SingleFamily
    Built in 1995
    10,018 Square Feet Lot
    $320,900 Zestimate®
    $155/sqft
    $2,055 Estimated rent

    Home value

    $320,900

    $305,000 - $337,000

    $2,055/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,055/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,055/mo

    Rent Zestimate®

    Refinance and save

    $2,004/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,004/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Available for immediate possession... Check out this very well-kept 4BR/2BA split-level home with excellent curb appeal located on a spacious fenced corner lot with beautiful mature trees! Inside ... you'll step into the large tiled entry with convenient laundry room located off the garage. Upstairs you'll find a nice-sized living room with appealing vault ceiling, open kitchen & dining area with breakfast bar & slider access to the large grilling deck. Two nice sized bedrooms & a full tiled bath complete the upper level tour. Downstairs you'll find 2 add'l bedrooms, the 2nd full bath & a generous family room well-lit with daylight windows. Updates & highlights include: Vinyl siding, newer roof sheeting & shingles, new landscaping & yard fencing, updated fixtures, newer H20 heater, double pane windows, spacious concrete drive with bonus parking pad next to the garage (perfect for your boat/camper). Located close to the beautiful Sakatah bike trail & several recreational lakes... don't let this great home pass you by!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available 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
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,076 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl, Cement / Concrete
    Lot
    • Size: 10,018 Square Feet
    Details
    • Parcel number: R140534281019

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Other
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • Year built: 1995

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Madison Lake

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $277,800
    • Annual tax amount: $3,374

    Price history

    DateEventPrice
    1/10/2022Sold$257,500+3%$124/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6115889 Report a problem
    11/2/2021Pending sale$250,000$120/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6115889 Report a problem
    10/30/2021Listed for sale$250,000+14.7%$120/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6115889 Report a problem
    8/12/2019Sold$218,000+3.8%$105/sqft
    Source: Public Record Report a problem
    6/14/2019Listed for sale$210,000+28%$101/sqft
    Source: REALTY EXECUTIVES ASSOCIATES #7021231 Report a problem
    5/19/2014Sold$164,000-1.2%$79/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2130253 Report a problem
    1/11/2014Listed for sale$166,000$80/sqft
    Source: RE/MAX Dynamic Agents #7004297 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,374 +2%$256,252 +3.4%
    2024$3,308 +6.2%$247,900 +5.4%
    2023$3,116 +14.1%$235,300 +12.4%
    2022$2,732 +14.3%$209,300 +16.3%
    2021$2,390 +14.1%$180,000 +6.9%
    2020$2,094 $168,400
    2019$2,094 -7.9%$168,400 -5.8%
    2018$2,274 +2.9%$178,700
    2017$2,210 +11.7%$178,700 +6.5%
    2016$1,978 +11990.5%$167,800 +1.6%
    2015$16 -99.1%$165,100 +11.6%
    2014$1,842 $147,900 -0.8%
    2013-- $149,100 +1.6%
    2012-- $146,800 -3.3%
    2011-- $151,800 -4.9%
    2010-- $159,700
    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $320,900
    2% more
    +$6,418
    With Zillow Showcase(estimated)
    $327,318