NOT LISTED FOR SALE

502 1st St Welcome, MN 56181

Estimated Value: $110,790 - $140,000

3 Beds
1 Bath
1,080 Sq Ft
$114/Sq Ft Est. Value

About This Home

This home is located at 502 1st St, Welcome, MN 56181 and is currently estimated at $123,448, approximately $114 per square foot. 502 1st St is a home with nearby schools including Welcome Elementary School, Sherburn Elementary School, and Trimont Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2018
Sold by
Omvig Valerie and Omvig Charles D
Bought by
Truesdell Joseph R
Current Estimated Value
$123,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Outstanding Balance
$44,606
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$78,842
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Truesdell Joseph R $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truesdell Joseph R $59,500
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 $2,246 $95,700 $4,600 $91,100
2024 $1,518 $115,100 $3,200 $111,900
2023 $1,492 $89,800 $1,700 $88,100
2022 $1,416 $83,400 $1,700 $81,700
2021 $1,402 $71,100 $1,700 $69,400
2020 $1,208 $71,100 $1,700 $69,400
2019 $1,170 $59,300 $1,700 $57,600
2018 $708 $50,400 $1,700 $48,700
2017 $712 $28,600 $1,021 $27,579
2016 $670 $28,600 $1,021 $27,579
2015 $589 $28,600 $1,021 $27,579
2013 $685 $30,800 $1,021 $29,779
Source: Public Records

Map

Minnesota Martin County Welcome 56181

502 1st St, Welcome, MN

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