46584 Poss Beach Rd Pelican Rapids, MN 56572
Estimated Value: $654,000 - $741,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                2,160
                Sq Ft
            
            
                
                    $327/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 46584 Poss Beach Rd, Pelican Rapids, MN 56572 and is currently estimated at $705,635, approximately $326 per square foot. 46584 Poss Beach Rd 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
            
            
                Feb 7, 2022
            
        
                Sold by
            
            
                Peterson Bruce and Peterson Tammy
            
        
                Bought by
            
            
                Smedshammer Todd and Smedshammer Marcia
            
        
                            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
            
            
                $670,000
            
        
                Outstanding Balance
            
            
                $621,389
            
        
                Interest Rate
            
            
                3.45%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $84,246
            
        Purchase Details
                Closed on
            
            
                Aug 29, 2019
            
        
                Sold by
            
            
                Fyhrie James P and Fyhrie Denise E
            
        
                Bought by
            
            
                Peterson Bruce and Peterson Tammy
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Smedshammer Todd | $695,000 | -- | |
| Peterson Bruce | $405,000 | Consolidated Title Svcs | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Smedshammer Todd | $670,000 | 
                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 | $3,408 | $553,200 | $287,500 | $265,700 | 
| 2024 | $2,914 | $543,300 | $283,400 | $259,900 | 
| 2023 | $2,968 | $431,800 | $227,000 | $204,800 | 
| 2022 | $3,196 | $296,800 | $0 | $0 | 
| 2021 | $3,120 | $431,800 | $227,000 | $204,800 | 
| 2020 | $2,804 | $366,500 | $179,100 | $187,400 | 
| 2019 | $2,760 | $311,200 | $165,100 | $146,100 | 
| 2018 | $2,692 | $311,200 | $165,100 | $146,100 | 
| 2017 | $2,604 | $296,900 | $156,800 | $140,100 | 
| 2016 | $2,632 | $293,100 | $161,700 | $131,400 | 
| 2015 | $2,390 | $0 | $0 | $0 | 
| 2014 | -- | $268,200 | $142,200 | $126,000 | 
                Source: Public Records
                    
            
        Map
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