5540 Co Rd 40 NE New London, MN 56273
Estimated Value: $265,000 - $530,000
3
Beds
3
Baths
2,408
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 5540 Co Rd 40 NE, New London, MN 56273 and is currently estimated at $415,944, approximately $172 per square foot. 5540 Co Rd 40 NE is a home located in Kandiyohi County with nearby schools including Prairie Woods Elementary School, New London-Spicer Middle School, and New London-Spicer Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2018
Sold by
Wadsworth Sherry A and Wadsworth Doug W
Bought by
Boyle Patrick and Boyle Shelley
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
$244,000
Outstanding Balance
$211,904
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$204,040
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boyle Patrick | $305,000 | Quality Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boyle Patrick | $244,000 |
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 | $3,356 | $345,400 | $86,700 | $258,700 |
| 2024 | $3,348 | $321,400 | $74,900 | $246,500 |
| 2023 | $3,212 | $315,400 | $73,300 | $242,100 |
| 2022 | $3,092 | $306,600 | $73,300 | $233,300 |
| 2021 | $2,704 | $255,900 | $66,800 | $189,100 |
| 2020 | $2,522 | $246,600 | $66,300 | $180,300 |
| 2019 | $2,142 | $232,900 | $66,300 | $166,600 |
| 2018 | $1,972 | $200,400 | $62,300 | $138,100 |
| 2017 | $1,884 | $191,500 | $59,300 | $132,200 |
| 2016 | $1,858 | $1,660 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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