NOT LISTED FOR SALE

5540 W Mill Lake Rd SW Unit SW Farwell, MN 56327

Estimated Value: $366,000 - $473,000

5 Beds
2 Baths
1,388 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $202,500 $146 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,349/month

91 Days on Market

Highlights

  • 2 Car Attached Garage
  • Patio
  • Forced Air Heating and Cooling System
  • Garfield Elementary School Rated A-
  • 1-Story Property
  • Storage Shed

About This Home

As of February 2012

Want a home in the woods? 5 BR 2 BA home with 2.34 acres of woods and located just a short drive to Alexandria and I-94. Nice open floor plan with a spacious ''great room'', walkout basement, HUGE deck, tasteful design and walking trails in the woods! A great family home within a short distance to a strawberry farm .. yum!

Last Agent to Sell the Property

Carl Kvale

Edina Realty, Inc. Listed on: 09/13/2011

Last Buyer's Agent

Donna Kopischke

Counselor Realty, Inc. of Alexandria

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,428

Year Built

  • 1997

Lot Details

  • 2.34 Acre Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 18-0028-950

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,428

Year Built

1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Driveway - Gravel, Patio
  • Estimated Number of Acres: 2.34
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric
  • Parcel Number: 18-0028-950
  • Range: 39.00
  • Section: 2.00
  • Stories: 1 Story
  • Twp Number: 127.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 13x12, On Level: Upper
  • Room 2: Bedroom, 12x11, On Level: Upper
  • Room 3: Bedroom, 12x12, On Level: Lower
  • Room 5: Dining Room, 10x10, On Level: Upper
  • Room 6: Family Room, 26x18, On Level: Lower
  • Room 9: Kitchen, 11x11, On Level: Upper
  • Room 11: Laundry Room, 12x12, On Level: Lower
  • Room 12: Living Room, 19x14, On Level: Upper
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1388
  • Below Grade Finished Sq Ft: 1288
  • Total Square Footage: 2676

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 423 411 511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2011
Closed on
Feb 17, 2012
Sold by
Staples David A and Staples Amy J
Bought by
Staples Nathan A and Staples Amy J
Seller's Agent
Carl Kvale
Edina Realty, Inc.
Buyer's Agent
Donna Kopischke
Counselor Realty, Inc. of Alexandria
List Price
$215,000
Sold Price
$202,500
Premium/Discount to List
-$12,500
-5.81%
Current Estimated Value
$406,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,093
Avg. Annual Appreciation
5.18%
Original Mortgage
$162,000
Outstanding Balance
$110,987
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$295,606

Purchase Details

Closed on
Jun 1, 2005
Sold by
Anderson Ronald D and Anderson Rosella J
Bought by
Staples David A and Staples Amy
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
Staples Nathan A $202,500 None Available
Staples David A $155,760 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staples Nathan A $162,000
Closed Staples David A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $202,500 -5.8% $146 / Sq Ft
12/13/2011 12/13/11 Pending -- -- --
09/13/2011 09/13/11 For Sale $215,000 -- $155 / 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 $2,428 $354,200 $36,700 $317,500
2024 $2,428 $336,600 $35,400 $301,200
2023 $2,490 $314,700 $29,700 $285,000
2022 $2,310 $288,300 $23,200 $265,100
2021 $2,222 $254,400 $21,100 $233,300
2020 $2,136 $236,700 $19,300 $217,400
2019 $1,996 $221,800 $19,000 $202,800
2018 $1,886 $215,900 $19,000 $196,900
2017 $1,646 $208,500 $19,000 $189,500
2016 $1,704 $186,143 $18,430 $167,713
2015 $1,680 $0 $0 $0
2014 -- $181,300 $19,000 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4239552

REALTOR® Association of Southern Minnesota

APN: 18-0028-950