NOT LISTED FOR SALE

16862 Illinois Ave Lakeville, MN 55044

Estimated Value: $503,000 - $547,000

4 Beds
4 Baths
3,412 Sq Ft
$153/Sq Ft Est. Value

About This Home

This home is located at 16862 Illinois Ave, Lakeville, MN 55044 and is currently estimated at $523,458, approximately $153 per square foot. 16862 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
Mar 24, 2021
Sold by
Weaver Noah and Weaver Arielle
Bought by
Fangel Chad and Fangel Laura
Current Estimated Value
$523,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,650
Outstanding Balance
$363,821
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$159,637

Purchase Details

Closed on
May 15, 2020
Sold by
Groen Tony A and Groen Laura B
Bought by
Weaver Arielle and Weaver Noah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2005
Sold by
Raynes Valerie Wales
Bought by
Groen Tony A and Groen Laura B

Purchase Details

Closed on
Apr 5, 1996
Sold by
Stewart Lee A
Bought by
Raynes James M and Raynes Valerie K
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
Fangel Chad $427,000 Minnesota Title
Weaver Arielle $380,000 Gibraltar Title Agency Llc
Groen Tony A $300,000 --
Raynes James M $195,000 --
Fangel Chad Chad $427,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fangel Chad $405,650
Previous Owner Weaver Arielle $380,000
Closed Fangel Chad Chad $427,000
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 $5,234 $465,600 $104,000 $361,600
2023 $5,234 $479,700 $103,700 $376,000
2022 $4,490 $464,800 $103,400 $361,400
2021 $548 $383,300 $89,900 $293,400
2020 $4,846 $344,900 $87,400 $257,500
2019 $4,721 $334,000 $83,200 $250,800
2018 $3,993 $331,600 $79,200 $252,400
2017 $3,874 $314,100 $75,400 $238,700
2016 $4,150 $300,800 $71,800 $229,000
2015 $3,876 $306,200 $69,700 $236,500
2014 -- $298,300 $67,800 $230,500
2013 -- $257,169 $59,127 $198,042
Source: Public Records

Map

Minnesota Dakota County Lakeville 55044

16862 Illinois Ave, Lakeville, MN

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