4735 Mill Lake Shores Rd SW Farwell, MN 56327
Estimated Value: $546,000 - $662,000
3
Beds
2
Baths
1,896
Sq Ft
$324/Sq Ft
Est. Value
About This Home
This home is located at 4735 Mill Lake Shores Rd SW, Farwell, MN 56327 and is currently estimated at $614,271, approximately $323 per square foot. 4735 Mill Lake Shores Rd SW is a home located in Douglas County with nearby schools including Garfield Elementary School, Discovery Middle School, and Alexandria Area High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2022
Sold by
Diane M Witt Living Trust
Bought by
Schuster Robert A and Schuster Michelle R
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
$495,000
Outstanding Balance
$472,133
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$142,138
Purchase Details
Closed on
Nov 19, 2020
Sold by
Witt Diane M
Bought by
Diane M Witt Living Trust
Purchase Details
Closed on
May 28, 2020
Sold by
The Ponderosa Lllp
Bought by
Watt Diane M and Watt Michael R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,920
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2019
Sold by
Moberg Kenneth A and Moberg Theresa M
Bought by
The Ponderosa Lllp
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 |
|---|---|---|---|
| Schuster Robert A | $550,000 | Rochester Title | |
| Diane M Witt Living Trust | $500 | Holker Law Offices Pllc | |
| Watt Diane M | $394,900 | Integrity Title Inc | |
| The Ponderosa Lllp | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schuster Robert A | $495,000 | |
| Previous Owner | Watt Diane M | $315,920 |
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 | $3,758 | $557,300 | $220,500 | $336,800 |
| 2024 | $3,758 | $474,000 | $220,500 | $253,500 |
| 2023 | $3,826 | $462,200 | $220,500 | $241,700 |
| 2022 | $3,440 | $382,400 | $165,400 | $217,000 |
| 2021 | $3,262 | $338,000 | $165,400 | $172,600 |
| 2020 | $3,304 | $306,200 | $157,500 | $148,700 |
| 2019 | $2,934 | $302,300 | $157,500 | $144,800 |
| 2018 | $2,738 | $263,400 | $124,700 | $138,700 |
| 2017 | $2,498 | $241,400 | $110,300 | $131,100 |
| 2016 | $2,556 | $228,823 | $106,991 | $121,832 |
| 2015 | $2,710 | $0 | $0 | $0 |
| 2014 | -- | $237,800 | $122,500 | $115,300 |
Source: Public Records
Map
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