5521 W Mill Lake Rd SW Farwell, MN 56327
Estimated Value: $590,000 - $683,000
5
Beds
3
Baths
3,832
Sq Ft
$161/Sq Ft
Est. Value
About This Home
This home is located at 5521 W Mill Lake Rd SW, Farwell, MN 56327 and is currently estimated at $616,122, approximately $160 per square foot. 5521 W Mill Lake Rd 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 7, 2020
Sold by
Norlien Susan J
Bought by
Revocable Trust Of Susan J Norlien
Current Estimated Value
Purchase Details
Closed on
Oct 27, 2017
Sold by
Berghorst Craig A and Berghorst Jaime K
Bought by
Norlien Laurel and Norlien Susan
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
Outstanding Balance
$156,152
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,970
Purchase Details
Closed on
Jun 13, 2011
Sold by
Anderson Marc D and Anderson Bonnie J
Bought by
Berghorst Craig A and Berghorst Jaime K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Revocable Trust Of Susan J Norlien | -- | None Available | |
| Norlien Laurel | -- | None Available | |
| Berghorst Craig A | $16,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Norlien Laurel | $200,000 |
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 | $3,784 | $543,800 | $35,000 | $508,800 |
| 2024 | $3,784 | $512,300 | $35,000 | $477,300 |
| 2023 | $3,786 | $476,300 | $29,200 | $447,100 |
| 2022 | $3,618 | $435,400 | $23,500 | $411,900 |
| 2021 | $3,454 | $388,200 | $21,400 | $366,800 |
| 2020 | $3,346 | $357,600 | $19,600 | $338,000 |
| 2019 | $3,110 | $336,400 | $18,600 | $317,800 |
| 2018 | $2,228 | $325,100 | $18,600 | $306,500 |
| 2017 | $1,910 | $241,700 | $17,800 | $223,900 |
| 2016 | $1,948 | $212,139 | $17,266 | $194,873 |
| 2015 | $1,892 | $0 | $0 | $0 |
| 2014 | -- | $201,000 | $17,800 | $183,200 |
Source: Public Records
Map
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