NOT LISTED FOR SALE

50525 E Lake Seven Rd Frazee, MN 56544

Estimated Value: $384,000 - $626,000

-- Bed
-- Bath
1,120 Sq Ft
$463/Sq Ft Est. Value

About This Home

This home is located at 50525 E Lake Seven Rd, Frazee, MN 56544 and is currently estimated at $519,114, approximately $463 per square foot. 50525 E Lake Seven Rd is a home located in Otter Tail County with nearby schools including Frazee Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Lake 4 Investments Llc
Bought by
Nygard Ryan S
Current Estimated Value
$519,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$213,211
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$305,903
Source: Public Records

Range of Values:

Collateral Analytics

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Nygard Ryan S $3,000 Cts
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nygard Ryan S $240,000
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 $2,622 $431,700 $190,000 $241,700
2024 $2,716 $395,300 $186,000 $209,300
2023 $2,796 $364,700 $180,000 $184,700
2022 $2,818 $279,600 $0 $0
2021 $2,492 $364,700 $180,000 $184,700
2020 $2,444 $286,500 $135,500 $151,000
2019 $2,434 $259,000 $120,900 $138,100
2018 $2,230 $259,000 $120,900 $138,100
2017 $2,138 $246,300 $120,900 $125,400
2016 $2,060 $225,200 $108,600 $116,600
2015 $2,088 $0 $0 $0
2014 -- $223,900 $108,600 $115,300
Source: Public Records

Map

Minnesota Otter Tail County Frazee 56544

50525 E Lake Seven Rd, Frazee, MN

This home is located at 50525 E Lake Seven Rd, Frazee, MN 56544 and is currently estimated at $519,114, approximately $463 per square foot. 50525 E Lake Seven Rd is a home located in Otter Tail County with nearby schools including Frazee Secondary School.

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