NOT LISTED FOR SALE

641 S Shore Dr Detroit Lakes, MN 56501

Estimated Value: $525,000 - $589,000

6 Beds
3 Baths
3,816 Sq Ft
$145/Sq Ft Est. Value

About This Home

This home is located at 641 S Shore Dr, Detroit Lakes, MN 56501 and is currently estimated at $551,748, approximately $144 per square foot. 641 S Shore Dr is a home located in Becker County with nearby schools including Detroit Lakes Senior High School, Holy Rosary, and Holy Rosary Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Olson Loretta A and Olson James L
Bought by
Abraham Amber and Abraham Lucas
Current Estimated Value
$551,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$376,096
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,047

Purchase Details

Closed on
Jun 13, 2019
Sold by
Mcdougall Daniel C and Mcdougall Erica A
Bought by
Olson Loretta A

Purchase Details

Closed on
Oct 5, 2017
Sold by
Berger Andrew K and Berger Leslie R
Bought by
Mcdougall Daniel C and Mcdougall Erica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2015
Sold by
Solmon Marty J and Solmon Mary B
Bought by
The City Of Detroit Lakes

Purchase Details

Closed on
Nov 6, 2013
Sold by
Berger Andrew K and Berger Leslie R
Bought by
Berger Andrew K and Berger Leslie R

Purchase Details

Closed on
Jun 5, 2013
Sold by
Pederson Raymond H and Berger Leslie R
Bought by
Berger Leslie R and Berger Andrew K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Abraham Amber $435,000 None Available
Olson Loretta A $407,900 --
Mcdougall Daniel C $390,000 Becker County Title Services
The City Of Detroit Lakes -- Attorney
Berger Andrew K -- None Available
Berger Leslie R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Amber $413,250
Previous Owner Olson Loretta A $140,000
Previous Owner Mcdougall Daniel C $370,500
Previous Owner Berger Leslie R $150,000
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
2025 $4,392 $459,100 $41,900 $417,200
2024 $4,392 $456,200 $41,800 $414,400
2023 $4,380 $425,100 $37,300 $387,800
2022 $4,174 $371,900 $35,400 $336,500
2021 $4,012 $356,900 $35,400 $321,500
2020 $3,898 $356,900 $35,400 $321,500
2019 $3,740 $345,000 $35,400 $309,600
2018 $3,514 $320,500 $32,600 $287,900
2017 $3,578 $336,900 $31,400 $305,500
2016 $3,618 $264,000 $31,400 $232,600
2015 $3,430 $284,100 $30,900 $253,200
2014 -- $271,200 $30,900 $240,300
Source: Public Records

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