NOT LISTED FOR SALE

43767 E Paul Lake Dr Perham, MN 56573

Estimated Value: $575,955 - $734,000

5 Beds
2 Baths
1,691 Sq Ft
$393/Sq Ft Est. Value

About This Home

This home is located at 43767 E Paul Lake Dr, Perham, MN 56573 and is currently estimated at $664,489, approximately $392 per square foot. 43767 E Paul Lake Dr is a home located in Otter Tail County with nearby schools including Heart of the Lake Elementary School and Perham Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Kratzke Leshay
Bought by
Bormann Steven and Bormann Michelle
Current Estimated Value
$654,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$463,204
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$201,285

Purchase Details

Closed on
Nov 26, 2019
Sold by
Metcalf and Sheryl
Bought by
Jordan Kratzke and Kratzke Leshay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Bormann Steven $490,000 --
Jordan Kratzke $370,000 West Ctrl Abs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bormann Steven $490,000
Previous Owner Jordan Kratzke $296,000
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 $3,776 $513,200 $257,500 $255,700
2024 $3,812 $503,100 $253,500 $249,600
2023 $3,192 $371,600 $195,700 $175,900
2022 $3,486 $319,200 $0 $0
2021 $3,356 $371,600 $195,700 $175,900
2020 $3,176 $288,400 $115,000 $173,400
2019 $2,758 $277,500 $115,000 $162,500
2018 $2,824 $277,500 $115,000 $162,500
2017 $2,834 $257,000 $105,500 $151,500
2016 $2,894 $237,200 $96,000 $141,200
2015 $2,540 $0 $0 $0
2014 -- $225,300 $86,500 $138,800
Source: Public Records

Map

Minnesota Otter Tail County Perham 56573

43767 E Paul Lake Dr, Perham, MN

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