Estimated Value: $62,000 - $81,000
2
Beds
2
Baths
1,664
Sq Ft
$45/Sq Ft
Est. Value
About This Home
This home is located at 71 3rd Ave, Echo, MN 56237 and is currently estimated at $75,483, approximately $45 per square foot. 71 3rd Ave is a home located in Yellow Medicine County with nearby schools including Bert Raney Elementary School, Yellow Medicine East High School, and E.C.H.O. Elementary.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2024
Sold by
Busack James and Busack Paula
Bought by
Redner Franklin
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
$108,000
Outstanding Balance
$107,175
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$31,807
Purchase Details
Closed on
Apr 2, 2021
Sold by
May Jonathan Jonathan
Bought by
Busack James James
Purchase Details
Closed on
Sep 21, 2016
Sold by
Olson James James
Bought by
May Julie and May Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
3.45%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redner Franklin | $135,000 | -- | |
| Busack James James | $40,000 | -- | |
| May Julie | $39,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redner Franklin | $108,000 | |
| Previous Owner | May Julie | $38,800 |
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 |
|---|---|---|---|---|
| 2024 | $1,058 | $54,200 | $800 | $53,400 |
| 2023 | $1,124 | $44,000 | $2,100 | $41,900 |
| 2022 | $762 | $40,000 | $2,100 | $37,900 |
| 2021 | $664 | $40,000 | $2,100 | $37,900 |
| 2020 | $664 | $35,600 | $2,100 | $33,500 |
| 2019 | $686 | $35,600 | $2,100 | $33,500 |
| 2018 | $680 | $36,100 | $2,100 | $34,000 |
| 2017 | $71,600 | $36,100 | $2,100 | $34,000 |
| 2016 | $674 | $36,100 | $2,100 | $34,000 |
| 2015 | $652 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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