NOT LISTED FOR SALE

5553 W Mill Lake Rd SW Unit SW Farwell, MN 56327

Estimated Value: $322,173 - $423,000

3 Beds
2 Baths
1,290 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $163,000 $126 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,091/month

12 Days on Market

Highlights

  • Deck
  • Porch
  • Bathroom on Main Level
  • Garfield Elementary School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

What a great find! 1.84 acres with a 2001 built stylish 3 bedroom 2 bath, hardwood floors, custom kitchen with walk in pantry, finished LL family room. Unfinished area in LL could be additional office/craft area. Large deck,front porch, large spacious yard with garden and room to roam.

Last Agent to Sell the Property

Heidi Schroeder

Counselor Realty, Inc. of Alexandria Listed on: 04/11/2014

Last Buyer's Agent

Joanna Hvezda

1st Minnesota Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 2001

Lot Details

  • 1.84 Acre Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18-0028-660

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,388

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Porch
  • Estimated Number of Acres: 1.84
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Rented, Water Softener-Rented, Sump Pump
  • Parcel Number: 18-0028-660
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 12.8x13.9, On Level: Upper
  • Room 2: Bedroom, 10x11.7, On Level: Upper
  • Room 3: Bedroom, 10x10.7, On Level: Upper
  • Room 6: Family Room, 13.11x20.6, On Level: Lower
  • Room 9: Kitchen, 24.11x10.1, On Level: Main
  • Room 11: Laundry Room, 35.9x9.7, On Level: Lower
  • Room 12: Living Room, 14.5x13.10, On Level: Main
  • Basement Features: Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1290
  • Below Grade Finished Sq Ft: 270
  • Total Square Footage: 1560

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 200 370 243 350

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2014
  • Tax Value: 1388

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Galarneau Megan L and Galarneau Megan L
Bought by
Galarneau Gregory L and Galarneau Megan L
Current Estimated Value
$359,793

Purchase Details

Closed on
Oct 30, 2020
Sold by
Akervik Eric and Akervik Catherine
Bought by
Galarneau Gregory L and Galarneau Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,408
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2017
Sold by
Otlerness Jacob A
Bought by
Akervik Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,010
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jan 23, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgge Assn
Seller's Agent
David Johnson
Indepentent Brokers Realty
Buyer's Agent
Heidi Schroeder
Counselor Realty, Inc. of Alexandria
List Price
$129,900
Sold Price
$135,500
Premium/Discount to List
$5,600
4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bartolome Mark and Bartolome Jessica M
Bought by
Johnson Ross D and Johnson Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,520
Interest Rate
5.71%
Mortgage Type
New Conventional
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
Galarneau Gregory L $500 None Listed On Document
Galarneau Gregory L $244,896 Results Title
Akervik Eric $199,000 None Available
Federal Home Loan Mortgge Assn -- None Available
Johnson Ross D $186,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galarneau Gregory L $220,408
Previous Owner Akervik Eric $201,010
Previous Owner Johnson Ross D $149,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2014 05/30/14 Sold $163,000 -3.6% $126 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $169,000 +24.7% $131 / Sq Ft
03/15/2012 03/15/12 Sold $135,500 +4.3% $83 / Sq Ft View Prior Sale
02/03/2012 02/03/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $129,900 -- $80 / 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 $2,294 $334,300 $35,000 $299,300
2024 $2,294 $319,500 $35,000 $284,500
2023 $2,290 $290,500 $29,200 $261,300
2022 $2,124 $267,000 $23,500 $243,500
2021 $2,016 $235,500 $21,400 $214,100
2020 $2,020 $216,500 $19,600 $196,900
2019 $1,868 $210,800 $18,600 $192,200
2018 $1,756 $203,400 $18,600 $184,800
2017 $1,454 $196,000 $17,800 $178,200
2016 $1,664 $167,131 $17,266 $149,865
2015 $1,420 $0 $0 $0
2014 -- $157,300 $17,800 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4602256

REALTOR® Association of Southern Minnesota

APN: 18-0028-660