NOT LISTED FOR SALE

71218 285th Ave Lake City, MN 55041

Estimated Value: $329,000 - $415,000

2 Beds
2 Baths
1,294 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 71218 285th Ave, Lake City, MN 55041 and is currently estimated at $377,185, approximately $291 per square foot. 71218 285th Ave is a home located in Wabasha County with nearby schools including Bluff View Elementary School, Lincoln Secondary School, and St. John's Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2006
Sold by
Grimm Patrick A and Grimm Helen J
Bought by
Nellis Robert and Nellis Pamela
Current Estimated Value
$377,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$28,315
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
Estimated Equity
$348,871
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
Nellis Robert $250,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nellis Robert $50,000
Open Nellis Robert $200,000
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 $2,754 $314,400 $83,400 $231,000
2024 $2,754 $340,400 $104,800 $235,600
2023 $2,534 $317,700 $104,800 $212,900
2022 $2,720 $276,900 $90,000 $186,900
2021 $2,456 $270,800 $90,000 $180,800
2020 $2,408 $243,000 $82,400 $160,600
2019 $2,358 $239,700 $85,300 $154,400
2018 $2,388 $232,100 $85,300 $146,800
2017 $2,314 $232,400 $84,700 $147,700
2016 $2,342 $0 $0 $0
2015 $2,342 $0 $0 $0
2012 $2,438 $0 $0 $0
Source: Public Records

Map

Minnesota Wabasha County Lake City 55041

71218 285th Ave, Lake City, MN

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