NOT LISTED FOR SALE

16534 Franklin Trail SE Prior Lake, MN 55372

Estimated Value: $131,000 - $160,000

2 Beds
1 Bath
891 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 16534 Franklin Trail SE, Prior Lake, MN 55372 and is currently estimated at $145,345, approximately $163 per square foot. 16534 Franklin Trail SE is a home located in Scott County with nearby schools including Westwood Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Banks Isaac
Bought by
Gassmann Philip
Current Estimated Value
$145,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,572
Outstanding Balance
$102,313
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$44,348

Purchase Details

Closed on
Mar 16, 1996
Sold by
Crist Randal
Bought by
Banks Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,200
Interest Rate
9%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 13, 1996
Sold by
Crist Randal P
Bought by
Laughlin James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,200
Interest Rate
9%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Gassmann Philip $145,000 Minnetonka Title
Banks Isaac $39,900 --
Laughlin James F $4,200 --
Banks Isaac $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassmann Philip $103,572
Closed Gassmann Philip $103,572
Previous Owner Banks Issac $50,000
Previous Owner Banks Issac $35,000
Previous Owner Bancs Isaac $59,500
Previous Owner Banks Isaac $65,000
Previous Owner Banks Isaac $6,200
Closed Banks Isaac $25,723
Closed Banks Isaac --
Closed Banks Isaac $6,200
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 $794 $120,200 $16,100 $104,100
2024 $996 $109,700 $14,700 $95,000
2023 $978 $106,000 $14,100 $91,900
2022 $908 $106,900 $14,500 $92,400
2021 $874 $89,000 $12,600 $76,400
2020 $892 $85,200 $12,200 $73,000
2019 $926 $83,800 $11,000 $72,800
2018 $1,116 $0 $0 $0
2016 $630 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Scott County Prior Lake 55372

16534 Franklin Trail SE, Prior Lake, MN

This home is located at 16534 Franklin Trail SE, Prior Lake, MN 55372 and is currently estimated at $145,345, approximately $163 per square foot. 16534 Franklin Trail SE is a home located in Scott County with nearby schools including Westwood Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle School.

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