NOT LISTED FOR SALE

5149 W Mill Lake Rd SW Unit SW Farwell, MN 56327

Estimated Value: $362,000 - $387,000

4 Beds
3 Baths
2,547 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 5149 W Mill Lake Rd SW Unit SW, Farwell, MN 56327 and is currently estimated at $375,137, approximately $147 per square foot. 5149 W Mill Lake Rd SW Unit SW is a home located in Douglas County with nearby schools including Garfield Elementary School, Discovery Middle School, and Alexandria Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Murphy Michael L and Murphy Dawn M
Bought by
Johnson Renee
Current Estimated Value
$375,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$170,462
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,675

Purchase Details

Closed on
Oct 7, 2008
Sold by
Close Robert D
Bought by
Murphy Michael L and Murphy Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2005
Sold by
Close Robert D
Bought by
Murphy Michael L and Bones Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
5.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Schroeder Thomas H
Bought by
Close Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
5.86%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
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

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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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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
Johnson Renee $240,000 Integrity Title Inc
Murphy Michael L $218,520 None Available
Murphy Michael L $227,500 None Available
Murphy Michael L -- None Available
Close Robert D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Renee $192,000
Previous Owner Murphy Michael L $200,000
Previous Owner Close Robert D $195,500
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 $2,598 $363,600 $56,100 $307,500
2024 $2,598 $347,300 $56,100 $291,200
2023 $2,576 $324,900 $49,400 $275,500
2022 $2,416 $299,100 $42,500 $256,600
2021 $2,336 $265,100 $39,800 $225,300
2020 $2,290 $247,500 $37,500 $210,000
2019 $2,146 $236,000 $34,200 $201,800
2018 $2,014 $230,100 $34,200 $195,900
2017 $1,756 $221,000 $32,600 $188,400
2016 -- $197,007 $31,622 $165,385
2015 $1,840 $0 $0 $0
2014 -- $195,000 $32,600 $162,400
Source: Public Records

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