NOT LISTED FOR SALE

7640 Terrace Dr NW Alexandria, MN 56308

Estimated Value: $517,949 - $843,000

3 Beds
1 Bath
864 Sq Ft
$754/Sq Ft Est. Value

About This Home

This home is located at 7640 Terrace Dr NW, Alexandria, MN 56308 and is currently estimated at $651,737, approximately $754 per square foot. 7640 Terrace Dr NW is a home located in Douglas County with nearby schools including Voyager Elementary School, Discovery Middle School, and Alexandria Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Rystrom Jerry D and Rystrom Lori D
Bought by
Jerry And Lori Rystrom Family Trust
Current Estimated Value
$651,737

Purchase Details

Closed on
Dec 26, 2012
Sold by
Kloehn Nolan A and Estate Of Iverdene E Kloehn
Bought by
Rystrom Jerry and Rystrom Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2008
Sold by
Kloehn Nolan A and Estate Of Iverdene E Kloehn
Bought by
Rystrom Jerry and Rystrom Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.19%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Jerry And Lori Rystrom Family Trust -- None Listed On Document
Rystrom Jerry $280,406 None Available
Rystrom Jerry $280,406 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rystrom Jerry $237,000
Previous Owner Rystrom Jerry $250,000
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 $3,288 $501,000 $361,100 $139,900
2024 $3,288 $485,900 $347,900 $138,000
2023 $3,116 $433,200 $308,600 $124,600
2022 $2,656 $363,500 $249,500 $114,000
2021 $2,550 $303,700 $210,100 $93,600
2020 $2,558 $270,400 $184,800 $85,600
2019 $2,628 $262,900 $181,800 $81,100
2018 $2,562 $255,700 $175,700 $80,000
2017 $2,406 $252,600 $175,700 $76,900
2016 $2,538 $238,329 $170,429 $67,900
2015 $2,562 $0 $0 $0
2014 -- $241,500 $175,700 $65,800
Source: Public Records

Map

Minnesota Douglas County Alexandria 56308

7640 Terrace Dr NW, Alexandria, MN

Not Listed for Sale

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