NOT LISTED FOR SALE

3131 Venice Ln NW Rochester, MN 55901

Elton Hills Neighborhood

Estimated Value: $256,000 - $283,000

2 Beds
2 Baths
1,735 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 3131 Venice Ln NW, Rochester, MN 55901 and is currently estimated at $266,860, approximately $153 per square foot. 3131 Venice Ln NW is a home located in Olmsted County with nearby schools including Churchill Elementary School, Hoover Elementary School, and Kellogg Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2014
Sold by
Reynolds Properties Of Rochester Llc
Bought by
Carson Becky Jo
Current Estimated Value
$266,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Outstanding Balance
$106,141
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$160,719

Purchase Details

Closed on
Mar 6, 2012
Sold by
Reynolds Properties Of Rochester Llc
Bought by
Lortscher Steven and Lortscher Marilyn

Purchase Details

Closed on
Nov 4, 2008
Sold by
Reynolds Properties Of Rochester Llc
Bought by
Lortscher Steven and Lortscher Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,900
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2007
Sold by
Martin Scott R
Bought by
Reynolds Properties Of Rochester Llc

Purchase Details

Closed on
Feb 23, 2005
Sold by
Reynolds Randy W and Reynolds Mary K
Bought by
Martin Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Carson Becky Jo $147,000 Burnet Title
Lortscher Steven -- None Available
Lortscher Steven $149,900 None Available
Reynolds Properties Of Rochester Llc -- None Available
Martin Scott R $168,000 None Available
Reynolds Randy W $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carson Becky Jo $139,650
Previous Owner Lortscher Steven $146,900
Previous Owner Reynolds Randy W $142,800
Previous Owner Martin Scott R $158,000
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 $3,286 $254,200 $40,000 $214,200
2023 $2,796 $235,700 $30,000 $205,700
2022 $2,434 $214,000 $30,000 $184,000
2021 $2,248 $194,000 $30,000 $164,000
2020 $2,204 $181,000 $30,000 $151,000
2019 $1,962 $172,100 $30,000 $142,100
2018 $1,829 $156,900 $15,000 $141,900
2017 $1,746 $152,800 $15,000 $137,800
2016 $1,576 $115,700 $12,400 $103,300
2015 $1,474 $102,000 $12,000 $90,000
2014 $1,780 $102,500 $12,000 $90,500
2012 -- $126,900 $22,582 $104,318
Source: Public Records

Map

Minnesota Olmsted County Rochester 55901 Elton Hills

3131 Venice Ln NW, Rochester, MN

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