7880 NE Co Rd 40 New London, MN 56273
Estimated Value: $230,000 - $252,000
2
Beds
1
Bath
1,318
Sq Ft
$184/Sq Ft
Est. Value
About This Home
This home is located at 7880 NE Co Rd 40, New London, MN 56273 and is currently estimated at $242,309, approximately $183 per square foot. 7880 NE Co Rd 40 is a home located in Kandiyohi County with nearby schools including Prairie Woods Elementary School, New London-Spicer Middle School, and New London-Spicer Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2024
Sold by
Lte Investments Llc
Bought by
Baker Tyler
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
$225,000
Outstanding Balance
$222,237
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$20,072
Purchase Details
Closed on
Nov 4, 2021
Sold by
Anderson Bonnie
Bought by
Lte Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
2.99%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baker Tyler | $250,000 | -- | |
| Lte Investments Llc | $80,000 | Quality Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baker Tyler | $225,000 | |
| Previous Owner | Lte Investments Llc | $57,000 |
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 |
|---|---|---|---|---|
| 2025 | $1,428 | $247,100 | $44,000 | $203,100 |
| 2024 | $1,692 | $154,600 | $38,000 | $116,600 |
| 2023 | $1,480 | $153,500 | $38,000 | $115,500 |
| 2022 | $1,492 | $135,200 | $38,000 | $97,200 |
| 2021 | $1,262 | $110,600 | $30,400 | $80,200 |
| 2020 | $1,182 | $106,600 | $30,400 | $76,200 |
| 2019 | $1,074 | $100,000 | $30,400 | $69,600 |
| 2018 | $1,012 | $89,900 | $27,200 | $62,700 |
| 2017 | $982 | $87,100 | $24,800 | $62,300 |
| 2016 | $970 | $857 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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