NOT LISTED FOR SALE

1012 Somerset Dr Thief River Falls, MN 56701

Estimated Value: $380,000 - $508,000

4 Beds
3 Baths
4,436 Sq Ft
$100/Sq Ft Est. Value

About This Home

This home is located at 1012 Somerset Dr, Thief River Falls, MN 56701 and is currently estimated at $444,430, approximately $100 per square foot. 1012 Somerset Dr is a home located in Pennington County with nearby schools including Challenger Elementary School, Franklin Middle School, and Lincoln Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Elliott Kristine A
Bought by
Macdonald James and Macdonald Danielle
Current Estimated Value
$444,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,320
Outstanding Balance
$26,187
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$418,297

Purchase Details

Closed on
May 7, 2020
Sold by
Georgeson Troy Delwin
Bought by
Elliott Kristine Ann

Purchase Details

Closed on
Oct 15, 2014
Sold by
Rima Brett A and Rima Gail Sue
Bought by
Georgeson Troy D and Elliott Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macdonald James $367,900 None Available
Elliott Kristine Ann -- None Available
Georgeson Troy D $309,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald James $294,320
Previous Owner Georgeson Troy D $208,000
Previous Owner Rima Brett A $10,000
Previous Owner Rima Brett A $208,000
Previous Owner Rima Brett A $24,000
Previous Owner Rima Bertt Allen $202,400
Previous Owner Rima Brett Allen $25,300
Previous Owner Kuznia Benedict T $196,000
Previous Owner Kuznia Benedict T $30,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $6,610 $404,000 $36,400 $367,600
2023 $6,552 $425,400 $0 $0
2022 $6,302 $398,500 $0 $0
2021 $6,314 $345,900 $0 $0
2020 $5,806 $343,300 $0 $0
2019 $5,538 $324,800 $0 $0
2018 $5,404 $324,800 $0 $0
2017 $5,224 $321,300 $0 $0
2016 $4,766 $307,800 $0 $0
2014 $4,392 $270,500 $0 $0
2013 $4,522 $259,300 $0 $0
Source: Public Records

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