NOT LISTED FOR SALE

1574 W Lake Dr Detroit Lakes, MN 56501

Estimated Value: $656,000 - $734,051

3 Beds
2 Baths
1,512 Sq Ft
$460/Sq Ft Est. Value

About This Home

This home is located at 1574 W Lake Dr, Detroit Lakes, MN 56501 and is currently estimated at $696,263, approximately $460 per square foot. 1574 W Lake Dr is a home 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
Nov 5, 2018
Sold by
Wendel Melvin A and Wendel Donna J
Bought by
Melvin A Wendel Rt
Current Estimated Value
$696,263

Purchase Details

Closed on
Aug 30, 2012
Sold by
Bc Investments & Leasing Inc
Bought by
Wendel Melvin A and Wendel Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2010
Sold by
Hoepfner Thomas L
Bought by
Bc Investments & Leasing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,280
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 7, 2010
Sold by
Sturlaugson Amanda J and Sturlaugson Matthew
Bought by
Bc Investments & Leasing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,280
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 5, 2010
Sold by
Chaves Melissa L and Chaves Andre
Bought by
Bc Investments & Leasing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,280
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End 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
Melvin A Wendel Rt -- --
Wendel Melvin A $310,000 Becker County Title Services
Bc Investments & Leasing Inc $300,000 None Available
Bc Investments & Leasing Inc -- None Available
Bc Investments & Leasing Inc -- None Available
Bc Investments & Leasing Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wendel Melvin A $168,000
Previous Owner Bc Investments & Leasing Inc $247,280
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 $6,880 $676,500 $380,000 $296,500
2024 $6,006 $592,800 $333,600 $259,200
2023 $4,832 $455,500 $260,200 $195,300
2022 $5,164 $443,700 $260,200 $183,500
2021 $5,022 $430,700 $247,600 $183,100
2020 $4,848 $430,700 $247,600 $183,100
2019 $4,940 $411,000 $242,800 $168,200
2018 $4,132 $399,700 $242,800 $156,900
2017 $3,942 $370,400 $202,400 $168,000
2016 $3,678 $339,500 $202,400 $137,100
2015 $3,656 $318,900 $194,600 $124,300
2014 -- $284,700 $176,900 $107,800
Source: Public Records

Map

Minnesota Becker County Detroit Lakes 56501

1574 W Lake Dr, Detroit Lakes, MN

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