NOT LISTED FOR SALE

24571 N Melissa Dr Detroit Lakes, MN 56501

Estimated Value: $2,438,000 - $2,773,385

3 Beds
5 Baths
4,733 Sq Ft
$549/Sq Ft Est. Value

About This Home

This home is located at 24571 N Melissa Dr, Detroit Lakes, MN 56501 and is currently estimated at $2,599,462, approximately $549 per square foot. 24571 N Melissa Dr is a home located in Becker County with nearby schools including Detroit Lakes Senior High School and Faith Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2020
Sold by
Melissa East Llc
Bought by
Olson Travis and Olson Rachel
Current Estimated Value
$2,599,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 29, 2010
Sold by
Fercho Calvin K and Fercho Doris L
Bought by
Melissa East Llc
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 Travis $2,150,000 None Available
Melissa East Llc -- None Available
Fercho Calvin K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Olson Travis $1,000,000
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 $18,574 $2,537,700 $842,100 $1,695,600
2024 $18,998 $2,476,400 $832,500 $1,643,900
2023 $16,026 $1,894,700 $669,200 $1,225,500
2022 $15,710 $1,648,100 $606,800 $1,041,300
2021 $14,310 $1,451,900 $548,700 $903,200
2020 $13,144 $1,451,900 $548,700 $903,200
2019 $13,020 $1,313,600 $513,900 $799,700
2018 $10,054 $1,256,300 $513,900 $742,400
2017 $10,174 $1,121,300 $462,100 $659,200
2016 $9,806 $1,100,300 $462,100 $638,200
2015 $8,534 $937,900 $386,800 $551,100
2014 -- $829,500 $299,900 $529,600
Source: Public Records

Map

Minnesota Becker County Detroit Lakes 56501

24571 N Melissa Dr, Detroit Lakes, MN

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