NOT LISTED FOR SALE

40656 Tern Dr Pelican Rapids, MN 56572

Estimated Value: $541,000 - $686,000

3 Beds
2 Baths
2,216 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 40656 Tern Dr, Pelican Rapids, MN 56572 and is currently estimated at $625,594, approximately $282 per square foot. 40656 Tern Dr is a home located in Otter Tail County with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2019
Sold by
Sjostrom Terry L and Sjostrom Constance L
Bought by
Seiple Matthew A and Seiple Daidre A
Current Estimated Value
$625,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,131
Outstanding Balance
$275,431
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$350,163
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.

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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

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Seiple Matthew A $310,000 Nf Field Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seiple Matthew A $313,131
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 $3,672 $620,300 $332,300 $288,000
2024 $3,536 $543,500 $303,000 $240,500
2023 $3,506 $464,900 $251,300 $213,600
2022 $3,326 $350,600 $0 $0
2021 $3,282 $464,900 $251,300 $213,600
2020 $2,944 $366,100 $195,000 $171,100
2019 $2,776 $313,100 $158,400 $154,700
2018 $2,720 $313,100 $158,400 $154,700
2017 $2,496 $306,800 $164,300 $142,500
2016 $2,396 $279,000 $143,800 $135,200
2015 $2,250 $0 $0 $0
2014 -- $263,500 $130,100 $133,400
Source: Public Records

Map

Minnesota Otter Tail County Pelican Rapids 56572

40656 Tern Dr, Pelican Rapids, MN

Not Listed for Sale

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