840 40th Ave NE Willmar, MN 56201
Estimated Value: $679,000 - $1,016,000
5
Beds
4
Baths
2,082
Sq Ft
$399/Sq Ft
Est. Value
About This Home
This home is located at 840 40th Ave NE, Willmar, MN 56201 and is currently estimated at $831,178, approximately $399 per square foot. 840 40th Ave NE is a home located in Kandiyohi County with nearby schools including Kennedy Elementary School, Willmar Middle School, and Willmar Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2012
Sold by
Border Michael W and Border Patricia C
Bought by
Vanderspek Richard W and Vanderspek Donna S
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
$328,000
Outstanding Balance
$144,895
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$686,283
Purchase Details
Closed on
Jul 20, 2007
Sold by
Rau Dean W and Lund Sarah E
Bought by
Border Michael W and Border Patricia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.54%
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 |
|---|---|---|---|
| Vanderspek Richard W | $375,000 | None Available | |
| Border Michael W | $535,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanderspek Richard W | $328,000 | |
| Previous Owner | Border Michael W | $417,000 |
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 | $9,830 | $845,100 | $109,900 | $735,200 |
| 2024 | $8,874 | $808,500 | $108,400 | $700,100 |
| 2023 | $7,856 | $765,000 | $106,800 | $658,200 |
| 2022 | $7,288 | $723,300 | $106,800 | $616,500 |
| 2021 | $7,058 | $617,400 | $106,000 | $511,400 |
| 2020 | $6,748 | $587,200 | $105,500 | $481,700 |
| 2019 | $6,786 | $562,100 | $105,500 | $456,600 |
| 2018 | $6,558 | $554,300 | $105,500 | $448,800 |
| 2017 | $6,256 | $542,800 | $105,500 | $437,300 |
| 2016 | $5,928 | $5,348 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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