Estimated Value: $1,069,000 - $1,596,684
4
Beds
2
Baths
1,986
Sq Ft
$671/Sq Ft
Est. Value
About This Home
This home is located at 7102 85th St NE, Elgin, MN 55932 and is currently estimated at $1,332,842, approximately $671 per square foot. 7102 85th St NE is a home located in Olmsted County with nearby schools including Plainview-Elgin-Millville Elementary School (PK-3), Plainview-Elgin-Millville Elementary School (4-6), and Plainview-Elgin-Millville Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2018
Sold by
Olson Elizabeth A and Pesavento Louise A
Bought by
Mckenzie Kyle M and Mckenzie Kathryn N
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
$864,800
Outstanding Balance
$757,292
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$756,422
Purchase Details
Closed on
Feb 27, 2016
Sold by
Olson Elizabeth A and Olson Richard F
Bought by
Hofschulte Family Irrevocable Trust
Purchase Details
Closed on
Feb 24, 2016
Sold by
Olson Elizabeth A and Lenore E Hofschulte Trust
Bought by
Olson Elizabeth A and Hofschulte Janice M
Purchase Details
Closed on
Feb 21, 2007
Sold by
Hofschulte Lenore E
Bought by
Hofschulte Lenore E and Lenore E Hofschulte Trust Agre
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mckenzie Kyle M | $1,070,000 | None Available | |
Hofschulte Family Irrevocable Trust | -- | Attorney | |
Olson Elizabeth A | -- | Attorney | |
Hofschulte Lenore E | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Mckenzie Kyle M | $864,800 |
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 | $6,822 | $1,161,100 | $1,157,100 | $4,000 |
2023 | $6,822 | $1,108,600 | $1,104,600 | $4,000 |
2022 | $5,416 | $903,000 | $899,000 | $4,000 |
2021 | $4,992 | $718,100 | $714,100 | $4,000 |
2020 | $5,412 | $718,100 | $714,100 | $4,000 |
2019 | $9,047 | $853,500 | $849,500 | $4,000 |
2018 | $8,489 | $28,900 | $28,900 | $0 |
2017 | $8,674 | $882,400 | $878,400 | $4,000 |
2016 | $5,544 | $928,900 | $924,900 | $4,000 |
2015 | $5,368 | $928,900 | $924,900 | $4,000 |
2014 | $5,562 | $1,108,800 | $1,104,800 | $4,000 |
2012 | -- | $822,500 | $818,600 | $3,900 |
Source: Public Records
Map
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