NOT LISTED FOR SALE

1578 W Lake Dr Detroit Lakes, MN 56501

Estimated Value: $744,000 - $999,000

3 Beds
3 Baths
1,890 Sq Ft
$477/Sq Ft Est. Value

About This Home

This home is located at 1578 W Lake Dr, Detroit Lakes, MN 56501 and is currently estimated at $900,701, approximately $476 per square foot. 1578 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
Aug 29, 2014
Sold by
Sawaya Larry H and Sawaya Carol A
Bought by
Thorson Thomas R and Thorson Patricia L
Current Estimated Value
$900,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$309,595
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$591,106
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
Thorson Thomas R $450,000 Trn Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorson Thomas R $405,000
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 $9,666 $910,100 $436,000 $474,100
2024 $8,380 $787,700 $383,000 $404,700
2023 $8,380 $602,100 $298,400 $303,700
2022 $6,990 $578,500 $298,400 $280,100
2021 $6,842 $570,600 $284,000 $286,600
2020 $6,462 $570,600 $284,000 $286,600
2019 $6,504 $539,300 $277,800 $261,500
2018 $5,436 $521,600 $277,800 $243,800
2017 $4,980 $488,100 $231,800 $256,300
2016 $4,470 $429,800 $231,800 $198,000
2015 $4,336 $377,000 $223,300 $153,700
2014 -- $337,900 $203,000 $134,900
Source: Public Records

Map

Minnesota Becker County Detroit Lakes 56501

1578 W Lake Dr, Detroit Lakes, MN

Not Listed for Sale

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