NOT LISTED FOR SALE

29502 Lum Lake Rd Bovey, MN 55709

Estimated Value: $371,000 - $582,000

2 Beds
1 Bath
1,111 Sq Ft
$441/Sq Ft Est. Value

About This Home

This home is located at 29502 Lum Lake Rd, Bovey, MN 55709 and is currently estimated at $489,444, approximately $440 per square foot. 29502 Lum Lake Rd is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Oswood Robert M and Oswood Mary J
Bought by
Reed Mark A and Reed Laura M
Current Estimated Value
$494,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Outstanding Balance
$281,321
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,714

Purchase Details

Closed on
Jul 5, 2018
Sold by
Oswood Robert M and Oswood Mary J
Bought by
Oswood Robert M and Oswood Mary J
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reed Mark A $395,000 First American Title
Oswood Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Mark A $314,000
Previous Owner Oswood Robert M $238,000
Previous Owner Oswood Robert M $43,999
Previous Owner Oswood Robert M $50,000
Previous Owner Oswood Robert $250,000
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
2023 $3,240 $311,600 $92,700 $218,900
2022 $3,298 $300,500 $88,400 $212,100
2021 $2,224 $262,400 $99,100 $163,300
2020 $2,848 $217,600 $91,400 $126,200
2019 $2,784 $254,300 $114,300 $140,000
2018 $2,482 $254,300 $114,300 $140,000
2017 $2,416 $0 $0 $0
2016 $2,402 $0 $0 $0
2015 $2,792 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Itasca County Bovey 55709

29502 Lum Lake Rd, Bovey, MN

This home is located at 29502 Lum Lake Rd, Bovey, MN 55709 and is currently estimated at $489,444, approximately $440 per square foot. 29502 Lum Lake Rd is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes