NOT LISTED FOR SALE

550 Sommerset Ln West Fargo, ND 58078

Sommerset Neighborhood

Estimated Value: $361,000 - $389,925

4 Beds
3 Baths
2,582 Sq Ft
$145/Sq Ft Est. Value

About This Home

This home is located at 550 Sommerset Ln, West Fargo, ND 58078 and is currently estimated at $373,981, approximately $144 per square foot. 550 Sommerset Ln is a home located in Cass County with nearby schools including L.E. Berger Elementary School, Cheney Middle School, and West Fargo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Klugh Jack R and Klugh Susanne C
Bought by
Farkes Seth A and Farkes Evan
Current Estimated Value
$373,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,125
Outstanding Balance
$245,659
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$123,984

Purchase Details

Closed on
Aug 12, 2014
Sold by
Wanner Jonett L and Aberle Jonett L
Bought by
Klugh Jack R and Klugh Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,600
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 2014
Sold by
Wanner Kevin K
Bought by
Wanner Jonett L and Aberle Jonett L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,600
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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
Farkes Seth A $287,500 Onpoint Title Services Llc
Klugh Jack R $250,600 U S Title Fargo
Wanner Jonett L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farkes Seth A $273,125
Previous Owner Klugh Jack R $250,600
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
2024 $4,053 $163,050 $23,900 $139,150
2023 $4,405 $156,500 $23,900 $132,600
2022 $4,259 $144,950 $23,900 $121,050
2021 $4,241 $138,700 $18,400 $120,300
2020 $2,070 $135,250 $18,400 $116,850
2019 $2,153 $130,600 $18,400 $112,200
2018 $2,064 $129,500 $18,400 $111,100
2017 $2,003 $128,400 $18,400 $110,000
2016 $1,710 $124,600 $18,400 $106,200
2015 $1,340 $109,050 $15,100 $93,950
2014 $2,389 $101,900 $15,100 $86,800
2013 $2,944 $101,900 $15,100 $86,800
Source: Public Records

Map

North Dakota Cass County West Fargo 58078 Sommerset

550 Sommerset Ln, West Fargo, ND

This home is located at 550 Sommerset Ln, West Fargo, ND 58078 and is currently estimated at $373,981, approximately $144 per square foot. 550 Sommerset Ln is a home located in Cass County with nearby schools including L.E. Berger Elementary School, Cheney Middle School, and West Fargo High School.

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