NOT LISTED FOR SALE

25131 Franklin Lake Rd Pelican Rapids, MN 56572

Estimated Value: $664,112 - $830,000

4 Beds
4 Baths
3,711 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 25131 Franklin Lake Rd, Pelican Rapids, MN 56572 and is currently estimated at $741,037, approximately $199 per square foot. 25131 Franklin Lake Rd is a home located in Otter Tail County with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Strand Eugene Eugene
Bought by
Mayes Jonmark Jonmark
Current Estimated Value
$741,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$416,513
Interest Rate
3.18%
Estimated Equity
$324,524

Purchase Details

Closed on
Jul 1, 2016
Bought by
Strand Eugene and Strand Linnea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.58%
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

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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
Mayes Jonmark Jonmark $460,000 --
Strand Eugene $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayes Jonmark Jonmark $460,000
Previous Owner Strand Eugene $285,000
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 $3,918 $617,000 $70,100 $546,900
2024 $4,296 $606,100 $63,600 $542,500
2023 $4,376 $613,200 $55,100 $558,100
2022 $4,130 $437,600 $0 $0
2021 $3,566 $613,200 $55,100 $558,100
2020 $3,562 $423,300 $37,800 $385,500
2019 $3,152 $382,100 $37,500 $344,600
2018 $3,164 $382,100 $37,500 $344,600
2017 $3,050 $375,700 $37,500 $338,200
2016 $2,934 $348,600 $38,100 $310,500
2015 $2,788 $0 $0 $0
2014 -- $354,400 $36,900 $317,500
Source: Public Records

Map

Minnesota Otter Tail County Pelican Rapids 56572

25131 Franklin Lake Rd, Pelican Rapids, MN

This home is located at 25131 Franklin Lake Rd, Pelican Rapids, MN 56572 and is currently estimated at $741,037, approximately $199 per square foot. 25131 Franklin Lake Rd is a home located in Otter Tail County with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.

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