NOT LISTED FOR SALE

16111 Inverness Way Lakeville, MN 55044

Estimated Value: $547,000 - $639,000

5 Beds
4 Baths
3,701 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 16111 Inverness Way, Lakeville, MN 55044 and is currently estimated at $604,143, approximately $163 per square foot. 16111 Inverness Way is a home located in Dakota County with nearby schools including Oak Hills Elementary School, Century Middle School, and Lakeville North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Byrd Alan R
Bought by
Rausch Nathan J and Rausch Briana
Current Estimated Value
$604,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$380,625
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$223,518
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.

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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

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.

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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
Rausch Nathan J $525,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rausch Nathan J $420,000
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 $6,270 $557,600 $159,400 $398,200
2023 $6,270 $564,100 $158,900 $405,200
2022 $5,356 $547,600 $158,400 $389,200
2021 $5,566 $456,200 $137,700 $318,500
2020 $5,708 $414,400 $131,100 $283,300
2019 $5,459 $402,900 $124,900 $278,000
2018 $4,831 $393,400 $118,900 $274,500
2017 $4,732 $383,400 $113,200 $270,200
2016 $5,020 $371,800 $107,700 $264,100
2015 $4,796 $370,856 $103,610 $267,246
2014 -- $369,657 $100,807 $268,850
2013 -- $331,180 $91,319 $239,861
Source: Public Records

Map

Minnesota Dakota County Lakeville 55044

16111 Inverness Way, Lakeville, MN

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