505 1st St E Fosston, MN 56542
Estimated Value: $174,000 - $214,000
4
Beds
2
Baths
1,850
Sq Ft
$107/Sq Ft
Est. Value
About This Home
This home is located at 505 1st St E, Fosston, MN 56542 and is currently estimated at $198,487, approximately $107 per square foot. 505 1st St E is a home located in Polk County with nearby schools including Magelssen Elementary School and Fosston Secondary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2024
Sold by
The Virgil And Mary Lerfald Revocable Li
Bought by
Lewis Neil
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
$116,900
Outstanding Balance
$114,834
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$83,653
Purchase Details
Closed on
May 18, 2012
Bought by
Lerfald Virgil & Mary (Trustees)
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lewis Neil | $116,900 | -- | |
| Lerfald Virgil & Mary (Trustees) | $85,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lewis Neil | $116,900 |
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 |
|---|---|---|---|---|
| 2024 | $3,040 | $209,800 | $31,400 | $178,400 |
| 2023 | $2,624 | $195,700 | $13,100 | $182,600 |
| 2022 | $2,156 | $141,400 | $13,100 | $128,300 |
| 2021 | $2,046 | $141,200 | $13,100 | $128,100 |
| 2020 | $2,004 | $134,500 | $12,300 | $122,200 |
| 2019 | $1,860 | $132,300 | $12,300 | $120,000 |
| 2018 | $1,398 | $127,900 | $12,300 | $115,600 |
| 2017 | -- | $109,400 | $13,100 | $96,300 |
| 2016 | $1,384 | $107,500 | $13,100 | $94,400 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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