NOT LISTED FOR SALE

XXX L1 B5 187th St NW Big Lake, MN 55309

Estimated Value: $496,000 - $550,000

4 Beds
4 Baths
1,472 Sq Ft
$348/Sq Ft Est. Value

About This Home

This home is located at XXX L1 B5 187th St NW, Big Lake, MN 55309 and is currently estimated at $511,998, approximately $347 per square foot. XXX L1 B5 187th St NW is a home located in Sherburne County with nearby schools including Liberty Elementary School, Independence Elementary School, and Big Lake Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2025
Sold by
Heidemann Michael and Heidemann Laura
Bought by
Ray Larry M
Current Estimated Value
$511,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Outstanding Balance
$385,674
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$126,324

Purchase Details

Closed on
May 31, 2022

Purchase Details

Closed on
Aug 30, 2021
Sold by
Eagle Lake Development Llc
Bought by
Jp Brooks Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2020
Sold by
Eagle Lake Development Llc
Bought by
Jp Brooks Inc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ray Larry M $492,500 Results Title
-- $448,900 --
Jp Brooks Inc $40,000 Custom Home Builders Title
Jp Brooks Inc $3,440,000 Custom Home Builders Title
-- $2,960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Larry M $386,000
Previous Owner Jp Brooks Inc $2,000,000
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 $4,336 $445,500 $119,600 $325,900
2024 $4,286 $427,700 $105,300 $322,400
2023 $988 $419,100 $100,600 $318,500
2022 $402 $115,600 $106,500 $9,100
2020 $338 $21,000 $21,000 $0
2019 $328 $21,000 $21,000 $0
2018 $306 $19,800 $19,800 $0
2017 $320 $18,000 $18,000 $0
2016 $260 $18,000 $18,000 $0
2015 $228 $15,000 $15,000 $0
2014 $246 $15,000 $15,000 $0
2013 -- $15,000 $15,000 $0
Source: Public Records

Map

Minnesota Sherburne County Big Lake 55309

XXX L1 B5 187th St NW, Big Lake, MN

This home is located at XXX L1 B5 187th St NW, Big Lake, MN 55309 and is currently estimated at $511,998, approximately $347 per square foot. XXX L1 B5 187th St NW is a home located in Sherburne County with nearby schools including Liberty Elementary School, Independence Elementary School, and Big Lake Middle School.

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.

Nearby Homes