NOT LISTED FOR SALE

50774 397th Ave Frazee, MN 56544

Estimated Value: $299,195 - $647,000

3 Beds
2 Baths
1,608 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 50774 397th Ave, Frazee, MN 56544 and is currently estimated at $403,549, approximately $250 per square foot. 50774 397th Ave 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
Aug 12, 2019
Sold by
Bade Family Living Trust
Bought by
Nordby Ronald L and Nordby Janet D
Current Estimated Value
$403,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Outstanding Balance
$178,929
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$224,620
Source: Public Records

Range of Values:

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

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
Nordby Ronald L $227,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordby Ronald L $204,300
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 $1,618 $280,200 $86,100 $194,100
2024 $1,802 $229,300 $81,500 $147,800
2023 $1,804 $220,900 $74,700 $146,200
2022 $1,816 $180,400 $0 $0
2021 $1,624 $220,900 $74,700 $146,200
2020 $1,674 $173,800 $49,600 $124,200
2019 $1,660 $164,800 $49,600 $115,200
2018 $1,288 $164,800 $49,600 $115,200
2017 $1,286 $143,700 $50,700 $93,000
2016 $1,242 $135,700 $50,700 $85,000
2015 $1,118 $0 $0 $0
2014 -- $124,400 $40,700 $83,700
Source: Public Records

Map

Minnesota Otter Tail County Frazee 56544

50774 397th Ave, Frazee, MN

This home is located at 50774 397th Ave, Frazee, MN 56544 and is currently estimated at $403,549, approximately $250 per square foot. 50774 397th Ave is a home located in Otter Tail County with nearby schools including Frazee Secondary School.

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