51862 County Highway 51 Frazee, MN 56544
Estimated Value: $726,000 - $758,161
5
Beds
3
Baths
2,784
Sq Ft
$267/Sq Ft
Est. Value
About This Home
This home is located at 51862 County Highway 51, Frazee, MN 56544 and is currently estimated at $743,790, approximately $267 per square foot. 51862 County Highway 51 is a home located in Otter Tail County with nearby schools including Heart of the Lake Elementary School and Perham Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2025
Sold by
Melius Mark and Melius Brenda
Bought by
Middleton Hannah and Middleton Duane
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
$629,000
Outstanding Balance
$628,477
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$132,793
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Middleton Hannah | $740,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Middleton Hannah | $629,000 |
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 |
---|---|---|---|---|
2025 | $2,557 | $732,000 | $101,200 | $630,800 |
2024 | $5,508 | $727,300 | $96,200 | $631,100 |
2023 | $5,336 | $666,200 | $85,900 | $580,300 |
2022 | $5,392 | $533,600 | $0 | $0 |
2021 | $5,076 | $666,200 | $85,900 | $580,300 |
2020 | $4,994 | $532,100 | $56,300 | $475,800 |
2019 | $4,844 | $499,900 | $55,400 | $444,500 |
2018 | $5,102 | $499,900 | $55,400 | $444,500 |
2017 | $5,268 | $489,200 | $55,200 | $434,000 |
2016 | $4,754 | $440,200 | $58,800 | $381,400 |
2015 | $4,348 | $0 | $0 | $0 |
2014 | -- | $443,000 | $58,800 | $384,200 |
Source: Public Records
Map
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