NOT LISTED FOR SALE

26218 County Highway 4 Pelican Rapids, MN 56572

Estimated Value: $397,932 - $429,000

-- Bed
-- Bath
940 Sq Ft
$439/Sq Ft Est. Value

About This Home

This home is located at 26218 County Highway 4, Pelican Rapids, MN 56572 and is currently estimated at $412,233, approximately $438 per square foot. 26218 County Highway 4 is a home with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Shelley Laura Laura
Bought by
Korsmo John John
Current Estimated Value
$412,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$172,757
Interest Rate
2.84%
Estimated Equity
$239,476
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
Korsmo John John $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korsmo John John $194,000
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 $2,256 $347,000 $234,000 $113,000
2024 $2,204 $339,900 $230,000 $109,900
2023 $2,172 $286,100 $191,000 $95,100
2022 $2,220 $217,200 $0 $0
2021 $2,014 $286,100 $191,000 $95,100
2020 $1,802 $221,400 $146,300 $75,100
2019 $1,804 $188,500 $119,800 $68,700
2018 $1,734 $188,500 $119,800 $68,700
2017 $1,592 $181,100 $119,800 $61,300
2016 $1,490 $162,400 $105,600 $56,800
2015 $1,454 $0 $0 $0
2014 -- $157,200 $101,500 $55,700
Source: Public Records

Map

Minnesota Otter Tail County Pelican Rapids 56572

26218 County Highway 4, Pelican Rapids, MN

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