NOT LISTED FOR SALE

3771 Fernwood Ln SW Rochester, MN 55902

Estimated Value: $570,000 - $659,000

3 Beds
3 Baths
2,192 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 3771 Fernwood Ln SW, Rochester, MN 55902 and is currently estimated at $615,795, approximately $280 per square foot. 3771 Fernwood Ln SW 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
Mar 1, 2022
Sold by
Willow Heights Llc
Bought by
Lee Michael
Current Estimated Value
$615,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$410,125
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$205,670
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
Lee Michael $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michael $440,000
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 $8,036 $562,100 $90,000 $472,100
2023 $7,258 $562,800 $90,000 $472,800
2022 $486 $519,200 $90,000 $429,200
2021 $336 $65,000 $65,000 $0
2020 $194 $65,000 $65,000 $0
2019 $25 $65,000 $65,000 $0
2018 -- $2,100 $2,100 $0
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

3771 Fernwood Ln SW, Rochester, MN

This home is located at 3771 Fernwood Ln SW, Rochester, MN 55902 and is currently estimated at $615,795, approximately $280 per square foot. 3771 Fernwood Ln SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, Willow Creek Middle School, and Mayo Senior High School.

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.

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