1025 S 7th St Lake City, MN 55041
Estimated Value: $181,000 - $248,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                2,016
                Sq Ft
            
            
                
                    $107/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1025 S 7th St, Lake City, MN 55041 and is currently estimated at $215,797, approximately $107 per square foot. 1025 S 7th St is a home located in Wabasha County with nearby schools including Bluff View Elementary School, Lincoln Secondary School, and St. John's Lutheran School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jan 27, 2021
            
        
                Sold by
            
            
                Whitely Rick
            
        
                Bought by
            
            
                Kerwin Chelsea M and Fritsch Corey R
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $121,693
            
        
                Outstanding Balance
            
            
                $108,652
            
        
                Interest Rate
            
            
                2.6%
            
        
                Mortgage Type
            
            
                Stand Alone Second
            
        
                Estimated Equity
            
            
                $107,145
            
        Purchase Details
                Closed on
            
            
                May 20, 2011
            
        
                Sold by
            
            
                Wachovia Mortgage Corp
            
        
                Bought by
            
            
                Whitley Rick
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $86,450
            
        
                Interest Rate
            
            
                4.81%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Jul 28, 2010
            
        
                Sold by
            
            
                Stumpf Gary D and Stumpf Michael T
            
        
                Bought by
            
            
                Statutee Minnesota
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Kerwin Chelsea M | $125,900 | Knight Barry Ttl United Llc | |
| Whitley Rick | $91,000 | Minnesota Abstract And Title | |
| Statutee Minnesota | -- | None Available | |
| Kerwin Chelsea Chelsea | $125,900 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Kerwin Chelsea M | $121,693 | |
| Closed | Kerwin Chelsea M | $121,693 | |
| Previous Owner | Whitley Rick | $86,450 | |
| Closed | Kerwin Chelsea Chelsea | $125,900 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | 
|---|---|---|---|---|
| 2025 | $1,960 | $177,100 | $46,700 | $130,400 | 
| 2024 | $1,960 | $174,500 | $46,700 | $127,800 | 
| 2023 | $2,258 | $160,400 | $46,700 | $113,700 | 
| 2022 | $2,342 | $165,800 | $37,500 | $128,300 | 
| 2021 | $2,390 | $151,900 | $37,500 | $114,400 | 
| 2020 | $2,138 | $153,300 | $51,500 | $101,800 | 
| 2019 | $2,198 | $136,700 | $34,300 | $102,400 | 
| 2018 | $2,080 | $136,500 | $34,300 | $102,200 | 
| 2017 | $2,046 | $127,300 | $34,300 | $93,000 | 
| 2016 | $2,070 | $0 | $0 | $0 | 
| 2015 | $2,070 | $0 | $0 | $0 | 
| 2012 | $1,928 | $0 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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