NOT LISTED FOR SALE

404 Shorewood Dr Detroit Lakes, MN 56501

Estimated Value: $540,000 - $667,000

3 Beds
2 Baths
1,424 Sq Ft
$433/Sq Ft Est. Value

About This Home

This home is located at 404 Shorewood Dr, Detroit Lakes, MN 56501 and is currently estimated at $617,175, approximately $433 per square foot. 404 Shorewood Dr is a home located in Becker County with nearby schools including Detroit Lakes Senior High School, Holy Rosary, and Holy Rosary Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Loran Walter H and Loran Mary A
Bought by
Nicholson Jerome and Nicholson Stacy
Current Estimated Value
$617,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$156,985
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$460,190
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
Nicholson Jerome $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Jerome $180,000
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 $6,122 $614,400 $387,500 $226,900
2024 $5,334 $540,500 $340,200 $200,300
2023 $5,334 $409,300 $265,200 $144,100
2022 $4,404 $384,600 $265,200 $119,400
2021 $4,402 $382,600 $252,300 $130,300
2020 $4,266 $382,600 $252,300 $130,300
2019 $4,286 $367,300 $247,300 $120,000
2018 $3,484 $359,400 $247,300 $112,100
2017 $3,512 $329,500 $206,100 $123,400
2016 $3,574 $314,600 $206,100 $108,500
2015 $3,542 $324,100 $198,300 $125,800
2014 -- $290,500 $180,300 $110,200
Source: Public Records

Map

Minnesota Becker County Detroit Lakes 56501

404 Shorewood Dr, Detroit Lakes, MN

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