NOT LISTED FOR SALE

3530 Mayo Lake Rd SW Rochester, MN 55902

Estimated Value: $2,008,000 - $2,122,183

5 Beds
6 Baths
5,402 Sq Ft
$380/Sq Ft Est. Value

About This Home

This home is located at 3530 Mayo Lake Rd SW, Rochester, MN 55902 and is currently estimated at $2,052,394, approximately $379 per square foot. 3530 Mayo Lake Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Waxman Jonah and Reid Sandra
Bought by
John Lynch Construction Llc
Current Estimated Value
$2,063,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$260,305
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,792,089

Purchase Details

Closed on
Jul 31, 2018
Sold by
Woodcrest Development Inc
Bought by
Waxman Jonah and Reid Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
John Lynch Construction Llc $365,000 Rochester Title & Escrow Co
Waxman Jonah $330,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Lynch Construction Llc $292,000
Previous Owner Waxman Jonah $297,000
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 $28,302 $1,764,500 $275,000 $1,489,500
2023 $25,462 $1,752,800 $275,000 $1,477,800
2022 $3,762 $531,900 $275,000 $256,900
2021 $3,760 $225,000 $225,000 $0
2020 $3,924 $225,000 $225,000 $0
2019 $804 $225,000 $225,000 $0
2018 $224 $150,000 $150,000 $0
2017 $88 $150,000 $150,000 $0
2016 -- $5,000 $5,000 $0
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

3530 Mayo Lake Rd SW, Rochester, MN

This home is located at 3530 Mayo Lake Rd SW, Rochester, MN 55902 and is currently estimated at $2,052,394, approximately $379 per square foot. 3530 Mayo Lake Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

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