NOT LISTED FOR SALE

217 1st St SE Elbow Lake, MN 56531

Estimated Value: $103,000 - $138,000

2 Beds
2 Baths
1,054 Sq Ft
$111/Sq Ft Est. Value

About This Home

This home is located at 217 1st St SE, Elbow Lake, MN 56531 and is currently estimated at $116,697, approximately $110 per square foot. 217 1st St SE is a home located in Grant County with nearby schools including West Central Area Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Burnell G Herman And Sonja M Herman Trus
Bought by
Olson Aric R and Westra Paige M
Current Estimated Value
$116,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,820
Outstanding Balance
$194,688
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$77,991

Purchase Details

Closed on
Feb 16, 2018
Sold by
Quernemoen Jacob D
Bought by
Olson Aric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 19, 2012
Bought by
Quernemoen Jacob D
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
Olson Aric R $206,000 --
Olson Aric R $21,000 Grant County Abstract Co
Quernemoen Jacob D $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Aric R $199,820
Previous Owner Olson Aric R $16,000
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
2024 $852 $46,700 $5,200 $41,500
2023 $852 $47,700 $5,200 $42,500
2022 $428 $29,100 $3,500 $25,600
2021 $432 $27,900 $3,500 $24,400
2020 $436 $26,300 $3,500 $22,800
2019 $462 $26,400 $3,500 $22,900
2018 $654 $24,700 $3,500 $21,200
2017 $688 $0 $0 $0
2016 $462 $0 $0 $0
2015 $464 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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