NOT LISTED FOR SALE

16389 Franklin Trail SE Prior Lake, MN 55372

Estimated Value: $339,000 - $438,000

3 Beds
2 Baths
1,040 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 16389 Franklin Trail SE, Prior Lake, MN 55372 and is currently estimated at $372,886, approximately $358 per square foot. 16389 Franklin Trail SE is a home located in Scott County with nearby schools including Hamilton Ridge Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Home Trs Llc
Bought by
Cag Minnesota Fund Ii Llc
Current Estimated Value
$372,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,770,000
Outstanding Balance
$34,322,981
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$33,957,839

Purchase Details

Closed on
Dec 19, 2023
Sold by
Home Sfr Borrower Llc
Bought by
Home Trs Llc

Purchase Details

Closed on
Apr 2, 2021
Sold by
Resi Sfr Sub Llc
Bought by
Home Sfr Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$989,311,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2019
Sold by
Cerberus Sfr Holdings Ii Lp
Bought by
Resi Sfr Sub Llc

Purchase Details

Closed on
Sep 4, 2018
Sold by
W & D Investment Llc
Bought by
Cerberus Sfr Holdings Ii L P

Purchase Details

Closed on
Mar 7, 2007
Sold by
Wells Fargo Bank Na
Bought by
Lau David King Yin and Lau Lai Heng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
Kes Martha E and Kes Duane
Bought by
Guzman Morales and Guzman Juan Fransisco
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
Cag Minnesota Fund Ii Llc $4,913 Land Title
Home Trs Llc $515 Selene Title
Home Sfr Borrower Llc -- Selectitle Llc
Resi Sfr Sub Llc $582,052 Os National Llc
Cerberus Sfr Holdings Ii L P $229,000 Cambria Title
Lau David King Yin $173,000 --
Guzman Morales $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cag Minnesota Fund Ii Llc $39,770,000
Closed Cag Minnesota Fund Ii Llc $39,770,000
Previous Owner Home Sfr Borrower Llc $989,311,000
Previous Owner Home Sfr Borrower Llc $989,311
Previous Owner Se Laj Heng $138,400
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 $3,210 $331,200 $167,700 $163,500
2024 $3,122 $331,200 $167,700 $163,500
2023 $3,020 $312,700 $158,200 $154,500
2022 $2,988 $312,700 $158,200 $154,500
2021 $2,790 $262,600 $130,500 $132,100
2020 $2,724 $240,100 $108,000 $132,100
2019 $2,664 $225,100 $106,200 $118,900
2018 $3,224 $0 $0 $0
2016 $3,025 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Scott County Prior Lake 55372

16389 Franklin Trail SE, Prior Lake, MN

This home is located at 16389 Franklin Trail SE, Prior Lake, MN 55372 and is currently estimated at $372,886, approximately $358 per square foot. 16389 Franklin Trail SE is a home located in Scott County with nearby schools including Hamilton Ridge Elementary School, Hidden Oaks Middle School, and Twin Oaks 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