NOT LISTED FOR SALE

5255 W Mill Lake Rd SW Unit SW Farwell, MN 56327

Estimated Value: $411,000 - $517,000

3 Beds
2 Baths
1,680 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $225,000 $134 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,624/month

137 Days on Market

Highlights

  • 211 Feet of Waterfront
  • Beach Access
  • Deck
  • Garfield Elementary School Rated A-
  • Sandy Beach
  • Whirlpool Bathtub

About This Home

As of April 2015

Enjoy your privacy on this 6.15 a/c lot on Mill Lake. Enjoy over 200' of lakeshore with this 3 BDRM, 2 BA manufactured home. Additional 2002 Gulf Sream trailer is included in this sale. You will have room for the entire family!

Last Agent to Sell the Property

Susan Palmquist

Edina Realty, Inc. Listed on: 10/30/2014

Last Buyer's Agent

Susan Palmquist

Edina Realty, Inc. Listed on: 10/30/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 2002

Lot Details

  • 6.15 Acre Lot
  • 211 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Sandy Beach
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Metal Siding
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 18-0025-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 6.15
  • Assessments: Yes
  • Beach Type: Hard, Sand
  • Parcel Number: 18-0025-100
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 13x14, On Level: Main
  • Room 2: Bedroom, 12x13, On Level: Main
  • Room 3: Bedroom, 12x13, On Level: Main
  • Room 5: Dining Room, 8x10, On Level: Main
  • Room 9: Kitchen, 10x12, On Level: Main
  • Room 12: Living Room, 19x23, On Level: Main
  • Room 19: Utility Room, 6x10, On Level: Main
  • Finished Above Grade Sq Ft: 1680
  • Total Square Footage: 1680

Exterior Features

  • Frontage Road: County, Gravel
  • Lake Class: Gen Development
  • Waterfront Name: Mill
  • Construction Type: Manufactured
  • Exterior: Metal, Vinyl
  • Waterfront: Yes
  • Water Frontage: 211
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 211 1161 765 218
  • Lot/Land Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2014
  • Tax Value: 1969

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Apr 30, 2015
Sold by
Marvin Lisa and Marvin John A
Bought by
Marvin John A and Marvin Lisa L
Seller's Agent
Susan Palmquist
Edina Realty, Inc.
Buyer's Agent
Susan Palmquist
Edina Realty, Inc.
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$455,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,027
Avg. Annual Appreciation
6.85%
Original Mortgage
$224,000
Outstanding Balance
$171,435
Interest Rate
3.66%
Estimated Equity
$283,592

Purchase Details

Listed on
Oct 30, 2014
Closed on
Apr 15, 2015
Sold by
Flickinger Jay Jay
Bought by
Marvin Lisa Lisa
Seller's Agent
Susan Palmquist
Edina Realty, Inc.
Buyer's Agent
Susan Palmquist
Edina Realty, Inc.
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$171,435
Interest Rate
3.66%
Estimated Equity
$283,592
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Marvin John A -- Title Professionals & Abstra
Marvin Lisa Lisa $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marvin Lisa Lisa $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $225,000 -9.6% $134 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $249,000 -- $148 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,730 $393,500 $219,300 $174,200
2024 $2,730 $380,700 $216,400 $164,300
2023 $2,826 $369,100 $214,400 $154,700
2022 $2,556 $302,900 $159,400 $143,500
2021 $2,516 $277,300 $158,900 $118,400
2020 $2,522 $260,900 $151,800 $109,100
2019 $2,460 $250,700 $151,100 $99,600
2018 $2,328 $238,800 $144,000 $94,800
2017 $2,128 $227,600 $136,900 $90,700
2016 $1,828 $210,393 $132,793 $77,600
2015 $2,028 $0 $0 $0
2014 -- $213,500 $136,100 $77,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Susan Palmquist

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4690588

REALTOR® Association of Southern Minnesota

APN: 18-0025-100

Minnesota Douglas County Farwell 56308

5255 W Mill Lake Rd SW Unit SW, Farwell, MN

Not Listed for Sale

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