NOT LISTED FOR SALE

1245 Lake Ave Detroit Lakes, MN 56501

Estimated Value: $226,000 - $232,193

2 Beds
2 Baths
1,036 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 1245 Lake Ave, Detroit Lakes, MN 56501 and is currently estimated at $229,298, approximately $221 per square foot. 1245 Lake Ave is a home located in Becker County with nearby schools including Detroit Lakes Senior High School, Holy Rosary, and Holy Rosary Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2013
Sold by
Bakken David Lee and Bakken Jenna
Bought by
Thompson Loann C
Current Estimated Value
$229,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,285
Outstanding Balance
$83,323
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$149,514

Purchase Details

Closed on
Feb 25, 2009
Sold by
Bakken Dorothy
Bought by
Bakken David Lee
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

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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
Thompson Loann C $112,000 Becker County Title Svcs Inc
Bakken David Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thompson Loann C $8,000
Open Thompson Loann C $114,285
Previous Owner Hagedorn Marka $45,000
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 $2,068 $216,400 $35,400 $181,000
2024 $2,068 $211,500 $35,400 $176,100
2023 $1,882 $180,900 $32,700 $148,200
2022 $1,608 $145,700 $28,300 $117,400
2021 $1,544 $140,500 $28,300 $112,200
2020 $1,582 $140,500 $28,300 $112,200
2019 $1,362 $142,600 $28,300 $114,300
2018 $1,236 $115,500 $28,300 $87,200
2017 $1,344 $123,600 $28,300 $95,300
2016 $1,242 $117,300 $28,300 $89,000
2015 $1,132 $107,800 $25,700 $82,100
2014 -- $104,800 $25,700 $79,100
Source: Public Records

Map

Minnesota Becker County Detroit Lakes 56501

1245 Lake Ave, Detroit Lakes, MN

This home is located at 1245 Lake Ave, Detroit Lakes, MN 56501 and is currently estimated at $229,298, approximately $221 per square foot. 1245 Lake Ave is a home located in Becker County with nearby schools including Detroit Lakes Senior High School, Holy Rosary, and Holy Rosary Catholic School.

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