NOT LISTED FOR SALE

4813 W Mill Lake Rd SW Farwell, MN 56327

Estimated Value: $537,000 - $647,000

3 Beds
2.5 Baths
1,825 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $142,000 $78 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $3,344/month

21 Days on Market

Highlights

  • 312 Feet of Waterfront
  • Heated Floors
  • 2 Car Attached Garage
  • Garfield Elementary School Rated A-
  • Deck
  • Walk-In Closet

About This Home

As of July 2012

2005 Rambler walk out lake home on Mill Lake . Main floor features 3 bedrooms, full bath, half bath and main floor laundry. Home does need work and is priced below tax value. Buyers and agent to verify all measurements.

Last Agent to Sell the Property

Todd Hocum

ERA Viking Realty Listed on: 06/12/2012

Last Buyer's Agent

Tom Wegner

Indepentent Brokers Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 2005

Lot Details

  • 1.14 Acre Lot
  • 312 Feet of Waterfront
  • Irregular Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Heated Floors
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • Property has a Home Owners Association
  • Association fees include dock maintenance

Listing and Financial Details

  • Assessor Parcel Number 45-0602-360

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,522

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 1.14
  • Beach Type: Weeds/Reeds
  • Construction: Previously Owned
  • Mechanicals: Air to Air Exchange, Fuel Tank-Rented, Water Heater-Electric
  • Parcel Number: 45-0602-360
  • Range: 39.00
  • Section: 35.00
  • Stories: 1 Story
  • Twp Number: 128.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 11x11, On Level: Main
  • Room 2: Bedroom, 13x11, On Level: Main
  • Room 3: Bedroom, 14.6x13.6, On Level: Main
  • Room 6: Family Room, 38x13, On Level: Main
  • Room 9: Kitchen, 12.5x22, On Level: Main
  • Room 11: Laundry Room, 9.4x5.8, On Level: Main
  • Room 12: Living Room, 13x18, On Level: Main
  • Room 15: Other, 35x12.8, On Level: Lower
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1825
  • Below Grade Finished Sq Ft: 1825
  • Total Square Footage: 3650

Exterior Features

  • Frontage Road: Gravel
  • Lake Class: Recreation Dvelopmnt
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Waterfront: Yes
  • Water Frontage: 312
  • Waterfront Description: Shared

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air, In Floor
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • HOA Fee Includes: Dock Maintenance
  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 1

Lot Info

  • Estimated Lot Dimensions: 241 123 221 312
  • Lot/Land Description: Irregular Lot

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2012
  • Tax Value: 3522.42

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Zeig Paul M and Zeig Michelle L
Bought by
Panek Kristen
Current Estimated Value
$574,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$372,394
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$201,705

Purchase Details

Closed on
Oct 31, 2012
Sold by
Anderson Dougla L
Bought by
Zeig Paul M and Zeig Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 12, 2012
Closed on
Jul 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Anderson Douglas L
Seller's Agent
Todd Hocum
ERA Viking Realty
Buyer's Agent
Tom Wegner
Indepentent Brokers Realty
List Price
$152,000
Sold Price
$142,000
Premium/Discount to List
-$10,000
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Feb 3, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federahl National Mortgage Association

Purchase Details

Closed on
Apr 15, 2005
Sold by
Wegner Thomas U
Bought by
Hansen R Brook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2005
Sold by
Ahlgen John P and Ahlgen Sally M
Bought by
Wegner Thomas U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Ahlgren John P and Ahlgren Sally M
Bought by
Wegner Thomas U
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panek Kristen $450,000 Integrity Title Inc
Zeig Paul M $200,000 None Available
Anderson Douglas L -- Atc
Federahl National Mortgage Association -- None Available
Hansen R Brook $61,000 None Available
Wegner Thomas U $55,000 None Available
Wegner Thomas U -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panek Kristen $405,000
Previous Owner Zeig Paul M $195,000
Previous Owner Hansen R Brook $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $142,000 -6.6% $78 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $152,000 -- $83 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,852 $507,200 $84,400 $422,800
2024 $3,852 $485,300 $84,400 $400,900
2023 $4,032 $467,500 $84,400 $383,100
2022 $3,480 $407,300 $61,000 $346,300
2021 $3,306 $341,800 $61,000 $280,800
2020 $3,284 $310,400 $58,300 $252,100
2019 $3,200 $300,400 $58,300 $242,100
2018 $3,126 $287,300 $55,600 $231,700
2017 $2,858 $275,100 $53,000 $222,100
2016 $2,896 $261,221 $51,410 $209,811
2015 $3,066 $0 $0 $0
2014 -- $268,400 $69,100 $199,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4348753

REALTOR® Association of Southern Minnesota

APN: 45-0602-360