NOT LISTED FOR SALE

71055 228th Ave Lake City, MN 55041

Estimated Value: $424,000 - $503,000

3 Beds
3 Baths
3,014 Sq Ft
$157/Sq Ft Est. Value

About This Home

This home is located at 71055 228th Ave, Lake City, MN 55041 and is currently estimated at $472,272, approximately $156 per square foot. 71055 228th Ave is a home located in Wabasha County with nearby schools including Wabasha-Kellogg Elementary School, Wabasha-Kellogg Secondary School, and Falcon View Connections Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Raasch Matthew G and Raasch Brooke
Bought by
Raven Bryan James and Betlach Tara Charlotte
Current Estimated Value
$472,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$267,887
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$215,878

Purchase Details

Closed on
Aug 24, 2012
Sold by
Nelson Virgil J
Bought by
Raasch Matthew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Raven Bryan James $450,000 Knight Barry Ttl United Llc
Raasch Matthew G $250,000 None Available
Raven Bryan Bryan $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raven Bryan James $360,000
Previous Owner Raasch Matthew G $225,000
Previous Owner Nelson Virgil J $130,000
Closed Raven Bryan Bryan $350,000
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 $2,828 $423,400 $95,000 $328,400
2024 $2,828 $387,100 $95,000 $292,100
2023 $2,434 $385,400 $95,000 $290,400
2022 $2,068 $343,100 $92,000 $251,100
2021 $2,152 $251,400 $69,000 $182,400
2020 $2,104 $248,300 $82,500 $165,800
2019 $1,880 $243,300 $76,500 $166,800
2018 $1,660 $209,400 $51,000 $158,400
2017 $1,774 $192,900 $30,500 $162,400
2016 $1,850 $0 $0 $0
2015 $1,850 $0 $0 $0
2012 $2,112 $0 $0 $0
Source: Public Records

Map

Minnesota Wabasha County Lake City 55041

71055 228th Ave, Lake City, MN

This home is located at 71055 228th Ave, Lake City, MN 55041 and is currently estimated at $472,272, approximately $156 per square foot. 71055 228th Ave is a home located in Wabasha County with nearby schools including Wabasha-Kellogg Elementary School, Wabasha-Kellogg Secondary School, and Falcon View Connections Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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