NOT LISTED FOR SALE

12765 County Road 7 SW Farwell, MN 56327

Estimated Value: $342,000 - $351,000

4 Beds
2 Baths
1,670 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 12765 County Road 7 SW, Farwell, MN 56327 and is currently estimated at $345,218, approximately $206 per square foot. 12765 County Road 7 SW is a home located in Douglas County with nearby schools including Lincoln Elementary School, Discovery Middle School, and Alexandria Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Haan Kimberly
Bought by
Welle Kristin and Welle Ronald
Current Estimated Value
$345,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$216,389
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$128,829

Purchase Details

Closed on
Aug 11, 2022
Sold by
Haan Kimberly K
Bought by
Welle Kristin L and Welle Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$216,389
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$128,829

Purchase Details

Closed on
Jan 10, 2022
Sold by
Haan Kimberly K
Bought by
Alvord Charles R and Alvord Deanna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Welle Kristin $297,000 --
Welle Kristin L $297,000 None Listed On Document
Alvord Charles R -- Minnewaska Abstract & Title
Haan Kimberly K $500 Minnewaska Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welle Kristin $226,000
Closed Welle Kristin L $226,000
Previous Owner Alvord Charles R $343,200
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 $1,996 $291,400 $78,100 $213,300
2024 $1,996 $278,100 $75,300 $202,800
2023 $2,016 $257,400 $67,700 $189,700
2022 $1,756 $220,900 $59,200 $161,700
2021 $1,688 $197,900 $56,400 $141,500
2020 $1,662 $184,400 $54,100 $130,300
2019 $1,566 $177,000 $51,900 $125,100
2018 $1,470 $173,800 $51,900 $121,900
2017 $1,300 $168,200 $50,900 $117,300
2016 $1,322 $152,096 $49,373 $102,723
2015 $1,320 $0 $0 $0
2014 -- $148,000 $51,200 $96,800
Source: Public Records

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