40656 Tern Dr Pelican Rapids, MN 56572
Estimated Value: $576,000 - $867,000
3
Beds
2
Baths
2,216
Sq Ft
$312/Sq Ft
Est. Value
About This Home
This home is located at 40656 Tern Dr, Pelican Rapids, MN 56572 and is currently estimated at $692,372, approximately $312 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
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
$416,941
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 |
|---|---|---|---|
| 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 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 | $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
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