3347 198th Ave NW New London, MN 56273
Estimated Value: $432,000 - $476,000
--
Bed
--
Bath
912
Sq Ft
$502/Sq Ft
Est. Value
About This Home
This home is located at 3347 198th Ave NW, New London, MN 56273 and is currently estimated at $457,488, approximately $501 per square foot. 3347 198th Ave NW is a home located in Kandiyohi County with nearby schools including Prairie Woods Elementary School, New London-Spicer Middle School, and New London-Spicer Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2019
Sold by
Thorstad Kurt J and Thorstad Sheryl L
Bought by
Gjerde Kent R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,600
Outstanding Balance
$256,295
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$201,193
Purchase Details
Closed on
Mar 10, 2010
Sold by
Velde Alan and Velde Cynthia
Bought by
Thorstad Kurt J and Thorstad Sheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 2007
Sold by
Gulden J Orville
Bought by
Velde Alan and Velde Cynthia
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gjerde Kent R | $308,000 | None Available | |
| Thorstad Kurt J | $275,000 | None Available | |
| Velde Alan | $125,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gjerde Kent R | $292,600 | |
| Previous Owner | Thorstad Kurt J | $275,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,168 | $395,400 | $169,700 | $225,700 |
| 2024 | $3,654 | $415,200 | $183,300 | $231,900 |
| 2023 | $3,172 | $365,300 | $163,800 | $201,500 |
| 2022 | $2,884 | $324,900 | $140,400 | $184,500 |
| 2021 | $2,242 | $257,600 | $105,300 | $152,300 |
| 2020 | $2,090 | $224,000 | $105,300 | $118,700 |
| 2019 | $2,292 | $208,200 | $117,000 | $91,200 |
| 2018 | $2,232 | $207,900 | $117,000 | $90,900 |
| 2017 | $2,250 | $204,100 | $117,000 | $87,100 |
| 2016 | $2,180 | $2,041 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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