NOT LISTED FOR SALE

38472 587th Ave Lafayette, MN 56054

Estimated Value: $250,000

3 Beds
1 Bath
1,975 Sq Ft
$127/Sq Ft Est. Value

About This Home

This home is located at 38472 587th Ave, Lafayette, MN 56054 and is currently estimated at $250,000, approximately $126 per square foot. 38472 587th Ave is a home located in Nicollet County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Hoffmann Glen and Hoffmann Lisa
Bought by
Hoffmann Glen and Hoffmann Lisa
Current Estimated Value
$250,000

Purchase Details

Closed on
Mar 17, 2020
Bought by
Hoffmann Mark Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Hoffmann Glen $3,000 None Listed On Document
Hoffmann Mark Mark $983,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffmann Mark Mark --
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 $6,032 $1,738,900 $1,390,200 $348,700
2024 $5,558 $1,807,100 $1,458,400 $348,700
2023 $5,258 $1,547,800 $1,192,800 $355,000
2022 $4,898 $1,313,300 $995,400 $317,900
2021 $4,920 $1,061,700 $825,200 $236,500
2020 $5,026 $986,900 $750,400 $236,500
2019 $4,800 $1,117,500 $879,700 $237,800
2018 $4,916 $1,105,700 $879,700 $226,000
2017 -- $1,102,300 $0 $0
2016 $5,130 $0 $0 $0
2015 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Map

Minnesota Nicollet County Lafayette 56054

38472 587th Ave, Lafayette, MN

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
Your Personal Tour Guide

Ask me questions while you tour the home.