NOT LISTED FOR SALE

16594 Illinois Ave Lakeville, MN 55044

Estimated Value: $423,000 - $497,000

3 Beds
3 Baths
2,121 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 16594 Illinois Ave, Lakeville, MN 55044 and is currently estimated at $469,989, approximately $221 per square foot. 16594 Illinois Ave is a home located in Dakota County with nearby schools including Oak Hills Elementary School, Kenwood Trail Middle School, and Lakeville North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Stem Derek Joseph and Stem Candace Nicole
Bought by
Stern Derek Joseph and Stern Candace Nicole
Current Estimated Value
$455,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$184,490
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$276,588

Purchase Details

Closed on
May 25, 2016
Sold by
Pangburn Gilbert D and Pangburn Gloria
Bought by
Stern Derek Joseph and Stern Candace Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2009
Sold by
Hsbc Bank Usa
Bought by
Pangbum Gilbert D and Otterness Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2004
Sold by
Ommen Joy M and Ommen Daniel
Bought by
Bowar Matthew G and Bowar Leslie J
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

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
Stern Derek Joseph -- Attorneys Title Group Llc
Stern Derek Joseph $227,500 Cities Title Services Llc
Pangbum Gilbert D $207,000 --
Bowar Matthew G $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stern Derek Joseph $205,000
Closed Stern Derek Joseph $215,000
Previous Owner Pangburn Gilbert D $124,760
Previous Owner Pangburn Gilbert D $40,000
Previous Owner Pangburn Gilbert D $35,300
Previous Owner Pangbum Gilbert D $135,000
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
2023 $5,362 $448,500 $96,900 $351,600
2022 $4,722 $430,900 $96,600 $334,300
2021 $4,902 $360,100 $84,000 $276,100
2020 $5,078 $362,400 $83,200 $279,200
2019 $4,738 $355,900 $79,200 $276,700
2018 $3,895 $338,300 $75,400 $262,900
2017 $3,729 $313,500 $71,800 $241,700
2016 $3,591 $297,900 $68,400 $229,500
2015 $3,409 $262,401 $63,381 $199,020
2014 -- $259,894 $61,589 $198,305
2013 -- $236,677 $55,661 $181,016
Source: Public Records

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