NOT LISTED FOR SALE

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
$614,271

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
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $3,758 $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

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