NOT LISTED FOR SALE

114 Lake Ave S Unit 4 Spicer, MN 56288

Estimated Value: $197,000 - $494,000

2 Beds
1 Bath
900 Sq Ft
$384/Sq Ft Est. Value

About This Home

This home is located at 114 Lake Ave S Unit 4, Spicer, MN 56288 and is currently estimated at $345,500, approximately $383 per square foot. 114 Lake Ave S Unit 4 is a home located in Kandiyohi County with nearby schools including Prairie Woods Elementary School, New London-Spicer Middle School, and New London-Spicer Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
His Property Group Llc
Bought by
Midwest Rentals Llp
Current Estimated Value
$345,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,200
Outstanding Balance
$652,444
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$306,944

Purchase Details

Closed on
Sep 8, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
His Property Group Ll

Purchase Details

Closed on
May 15, 2009
Sold by
Fifth Third Bank
Bought by
Federal Home Loan Mortgage Corporaiton

Purchase Details

Closed on
Oct 23, 2008
Sold by
Lee Andrew P
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Sep 12, 2007
Sold by
Bessford Partnership Llc
Bought by
Lee Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Bessford Partnership
Bought by
Bessford Partnership Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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
Midwest Rentals Llp $256,000 Quality Title Of Willmar Inc
His Property Group Ll -- None Available
Federal Home Loan Mortgage Corporaiton -- Servicelink
Fifth Third Mortgage Company $145,396 None Available
Lee Andrew P $230,000 Columbia Title Llc
Bessford Partnership Llc $760,000 Title Recording Services
-- $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Rentals Llp $733,200
Previous Owner Lee Andrew P $172,500
Closed -- $256,000
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
2025 $1,210 $58,900 $5,000 $53,900
2024 $926 $56,200 $5,000 $51,200
2023 $896 $43,800 $5,000 $38,800
2022 $786 $41,700 $5,000 $36,700
2021 $722 $33,600 $5,000 $28,600
2020 $680 $31,900 $5,000 $26,900
2019 $668 $30,000 $5,000 $25,000
2018 $664 $28,900 $5,000 $23,900
2017 $652 $29,200 $5,000 $24,200
2016 $650 $359 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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