NOT LISTED FOR SALE

5481 W Mill Lake Rd SW Unit SW Farwell, MN 56327

Estimated Value: $749,000 - $945,000

5 Beds
5 Baths
5,045 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 5481 W Mill Lake Rd SW Unit SW, Farwell, MN 56327 and is currently estimated at $849,878, approximately $168 per square foot. 5481 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
Dec 19, 2023
Sold by
Christopher J Anderson Trust
Bought by
Thompson Gregg A and Thompson Pamela K
Current Estimated Value
$849,878

Purchase Details

Closed on
Jan 31, 2018
Sold by
Bartolomeo Michael F and Bartolomeo Rhonda K
Bought by
Anderson Christopher J and Anderson Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Outstanding Balance
$312,195
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$537,683
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

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
Thompson Gregg A $285,000 --
Anderson Christopher J $451,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Christopher J $369,000
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 $7,000 $943,300 $67,800 $875,500
2024 $7,000 $884,500 $63,700 $820,800
2023 $6,938 $820,400 $55,000 $765,400
2022 $6,178 $746,000 $41,700 $704,300
2021 $4,372 $638,700 $38,500 $600,200
2020 $4,224 $450,100 $36,200 $413,900
2019 $3,986 $420,100 $32,800 $387,300
2018 $4,222 $410,900 $32,800 $378,100
2017 $3,668 $437,000 $31,800 $405,200
2016 $3,766 $384,799 $30,846 $353,953
2015 $3,716 $0 $0 $0
2014 -- $370,000 $31,800 $338,200
Source: Public Records

Map

Minnesota Douglas County Farwell 56308

5481 W Mill Lake Rd SW Unit SW, Farwell, MN

Not Listed for Sale

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