NOT LISTED FOR SALE

242 Foothills Ln SE Rochester, MN 55904

Estimated Value: $598,000 - $642,000

5 Beds
3 Baths
4,396 Sq Ft
$140/Sq Ft Est. Value

About This Home

This home is located at 242 Foothills Ln SE, Rochester, MN 55904 and is currently estimated at $613,281, approximately $139 per square foot. 242 Foothills Ln SE is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, Willow Creek Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Sold by
Redmond John M and Redmond Briana
Bought by
Hu Arthur and Hu Jenny
Current Estimated Value
$613,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Outstanding Balance
$104,418
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$482,965

Purchase Details

Closed on
Sep 11, 2006
Sold by
Centex Homes
Bought by
Redmond John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,440
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2006
Sold by
Arcon Development Inc
Bought by
Centex Homes
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
Hu Arthur $307,000 Home Title Inc
Redmond John M $331,439 None Available
Centex Homes $56,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Jenny H $64,950
Open Hu Arthur $230,250
Previous Owner Redmond John M $248,440
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 $7,228 $551,200 $50,000 $501,200
2023 $7,228 $557,700 $50,000 $507,700
2022 $6,030 $525,300 $50,000 $475,300
2021 $5,608 $438,300 $50,000 $388,300
2020 $5,734 $407,600 $50,000 $357,600
2019 $5,728 $400,300 $50,000 $350,300
2018 $5,357 $401,800 $50,000 $351,800
2017 $5,272 $380,900 $50,000 $330,900
2016 $4,710 $360,700 $49,400 $311,300
2015 $4,434 $315,700 $50,000 $265,700
2014 $4,270 $315,700 $50,000 $265,700
2012 -- $308,200 $55,338 $252,862
Source: Public Records

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