NOT LISTED FOR SALE

16216 Fallbrook Dr Lakeville, MN 55044

Estimated Value: $528,000 - $548,818

4 Beds
3 Baths
2,285 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 16216 Fallbrook Dr, Lakeville, MN 55044 and is currently estimated at $536,455, approximately $234 per square foot. 16216 Fallbrook Dr is a home located in Dakota County with nearby schools including Parkview Elementary School, Scott Highlands Middle School, and Rosemount Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Rathinam Ramesh
Bought by
Carleton Brian J
Current Estimated Value
$539,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,168
Outstanding Balance
$377,308
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$159,147

Purchase Details

Closed on
Mar 25, 2020
Sold by
Rathinam Ramesh
Bought by
Rathinam Ramesh and Ramesh Rathinam Trust

Purchase Details

Closed on
Mar 11, 2010
Sold by
D R Horton Inc Mn
Bought by
Rathinam Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,357
Interest Rate
5%
Mortgage Type
New Conventional
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
Carleton Brian J $415,600 Watermark Title Agency
Rathinam Ramesh -- None Available
Rathinam Ramesh $277,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carleton Brian J $425,168
Previous Owner Rathinam Ramesh $249,357
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 $5,814 $486,300 $95,200 $391,100
2023 $5,814 $495,900 $95,000 $400,900
2022 $4,328 $480,200 $94,700 $385,500
2021 $4,446 $396,400 $82,300 $314,100
2020 $4,554 $392,600 $78,400 $314,200
2019 $4,181 $390,700 $74,700 $316,000
2018 $4,046 $375,900 $71,100 $304,800
2017 $4,145 $354,800 $67,700 $287,100
2016 $4,200 $346,800 $64,400 $282,400
2015 $3,526 $338,374 $61,371 $277,003
2014 -- $285,945 $58,636 $227,309
2013 -- $265,889 $53,254 $212,635
Source: Public Records

Map

Minnesota Dakota County Lakeville 55024

16216 Fallbrook Dr, Lakeville, MN

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