703 1st Ave SE Pelican Rapids, MN 56572
Estimated Value: $234,000 - $381,000
5
Beds
3
Baths
1,173
Sq Ft
$282/Sq Ft
Est. Value
About This Home
This home is located at 703 1st Ave SE, Pelican Rapids, MN 56572 and is currently estimated at $330,910, approximately $282 per square foot. 703 1st Ave SE is a home located in Otter Tail County with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2023
Sold by
Osborne Michael
Bought by
Diaz Jose and Hernandez Dalila
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
$337,250
Outstanding Balance
$332,108
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$40,610
Purchase Details
Closed on
Apr 30, 2013
Sold by
Fitzgerald Frances Frances
Bought by
Osborne Michael and Osborne Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.6%
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 |
---|---|---|---|
Diaz Jose | $355,000 | -- | |
Osborne Michael | $135,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Diaz Jose | $337,250 | |
Previous Owner | Osborne Michael | $108,000 |
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 | $4,300 | $355,500 | $15,300 | $340,200 |
2024 | $4,300 | $362,100 | $15,300 | $346,800 |
2023 | $3,984 | $284,300 | $15,300 | $269,000 |
2022 | $3,754 | $398,400 | $0 | $0 |
2021 | $3,754 | $284,300 | $15,300 | $269,000 |
2020 | $3,692 | $254,200 | $13,300 | $240,900 |
2019 | $3,424 | $235,000 | $10,200 | $224,800 |
2018 | $3,240 | $235,000 | $10,200 | $224,800 |
2017 | $3,204 | $221,800 | $10,200 | $211,600 |
2016 | $2,926 | $209,900 | $10,200 | $199,700 |
2015 | $2,870 | $0 | $0 | $0 |
2014 | -- | $119,800 | $10,200 | $109,600 |
Source: Public Records
Map
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