NOT LISTED FOR SALE

1188 Hamlet Rd SW Rochester, MN 55902

Estimated Value: $2,280,000 - $2,618,206

5 Beds
4 Baths
4,761 Sq Ft
$522/Sq Ft Est. Value

About This Home

This home is located at 1188 Hamlet Rd SW, Rochester, MN 55902 and is currently estimated at $2,484,069, approximately $521 per square foot. 1188 Hamlet Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Gmr Development Inc
Bought by
Wyles Cody C and Wyles Saranya P
Current Estimated Value
$2,528,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,750
Outstanding Balance
$1,812,782
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$761,543

Purchase Details

Closed on
Jan 31, 2016
Sold by
Lily Farm Llc
Bought by
Cascade Creek Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wyles Cody C $350,000 Rochester Title & Escrow Co
Gmr Development Inc $110,000 Rochester Title
Cascade Creek Development Inc $1,800,000 Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyles Cody C $1,980,750
Previous Owner Cascade Creek Development Inc $140,000
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
2024 $24,418 $2,013,700 $275,000 $1,738,700
2023 $21,912 $1,966,200 $275,000 $1,691,200
2022 $3,622 $295,000 $275,000 $20,000
2021 $3,254 $275,000 $275,000 $0
2020 $3,450 $250,000 $250,000 $0
2019 $3,274 $250,000 $250,000 $0
2018 $1,563 $250,000 $250,000 $0
2017 $480 $250,000 $250,000 $0
2016 $278 $34,600 $34,600 $0
2015 -- $23,700 $23,700 $0
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

1188 Hamlet Rd SW, Rochester, MN

This home is located at 1188 Hamlet Rd SW, Rochester, MN 55902 and is currently estimated at $2,484,069, approximately $521 per square foot. 1188 Hamlet Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

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