NOT LISTED FOR SALE

513 513 Summit Ln Dundas, MN 55019

Estimated Value: $352,000 - $426,000

4 Beds
3 Baths
1,710 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 513 513 Summit Ln, Dundas, MN 55019 and is currently estimated at $389,414, approximately $227 per square foot. 513 513 Summit Ln is a home located in Rice County with nearby schools including Bridgewater Elementary School, Northfield Middle School, and Northfield Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Johnson Jesse and Johnson Jennifer
Bought by
Lofquist Darren and Lofquist Amy
Current Estimated Value
$389,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,055
Outstanding Balance
$267,723
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$144,330

Purchase Details

Closed on
Feb 19, 2019
Sold by
Jirele Dan and Jirele Tanya L
Bought by
Schmidt Paris and Schmidt Cody W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,554
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2016
Sold by
Drentlaw Nicole and Drentlaw Bryan
Bought by
Schmidt Cody W and Jirele Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,759
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2011
Sold by
D R Horton Inc Mn
Bought by
Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,570
Interest Rate
4.92%
Mortgage Type
New Conventional
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
Lofquist Darren $360,000 --
Schmidt Paris $239,900 Trademark Title Services Inc
Schmidt Cody W $206,500 Titlesmart Inc
Not Provided $131,570 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofquist Darren $274,055
Previous Owner Johnson Jesse Michael $7,363
Previous Owner Schmidt Paris $235,554
Previous Owner Schmidt Cody W $202,759
Previous Owner Not Provided $131,570
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 $5,148 $345,900 $56,800 $289,100
2024 $5,148 $324,700 $53,700 $271,000
2023 $5,190 $324,700 $53,700 $271,000
2022 $3,848 $300,100 $53,700 $246,400
2021 $5,106 $237,700 $36,100 $201,600
2020 $3,396 $223,400 $34,100 $189,300
2019 $3,254 $217,000 $34,100 $182,900
2018 $3,136 $203,800 $34,100 $169,700
2017 $2,934 $194,000 $34,100 $159,900
2016 $2,950 $185,700 $34,100 $151,600
2015 $2,888 $175,700 $30,000 $145,700
2014 -- $175,700 $30,000 $145,700
Source: Public Records

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