NOT LISTED FOR SALE

3831 Mayo Lake Rd SW Rochester, MN 55902

Estimated Value: $622,305 - $678,000

3 Beds
2 Baths
1,741 Sq Ft
$374/Sq Ft Est. Value

About This Home

This home is located at 3831 Mayo Lake Rd SW, Rochester, MN 55902 and is currently estimated at $651,076, approximately $373 per square foot. 3831 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
May 10, 2021
Sold by
Groteboer Sydney and Groteboer Med
Bought by
Albu Phillip
Current Estimated Value
$651,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,300
Outstanding Balance
$413,522
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$237,554

Purchase Details

Closed on
Jul 20, 2020
Sold by
Groteboer Daniel M and Groteboer Kimberly A
Bought by
Groteboer Sydney and Groteboer Meri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2018
Sold by
Woodcrest Development Inc
Bought by
Groteboer Daniel

Purchase Details

Closed on
May 31, 2018
Sold by
L & S Investments Llc
Bought by
Woodcrest Development Inc

Purchase Details

Closed on
Jun 1, 2016
Sold by
L & S Investments Llc
Bought by
Woodcrest Development Inc
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
Albu Phillip $507,000 Rochester Title
Groteboer Sydney $417,976 Title Services Inc
Groteboer Daniel $75,000 Title Services Inc
Woodcrest Development Inc $320,000 Title Services Inc
Woodcrest Development Inc $320,000 Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albu Phillip $456,300
Previous Owner Groteboer Sydney $397,000
Closed Woodcrest Development Inc $0
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 $8,358 $579,300 $125,000 $454,300
2023 $7,140 $555,100 $100,000 $455,100
2022 $5,594 $484,600 $100,000 $384,600
2021 $5,290 $407,200 $100,000 $307,200
2020 $3,138 $384,000 $100,000 $284,000
2019 $1,300 $218,500 $75,000 $143,500
2018 $1,315 $75,000 $75,000 $0
2017 $1,324 $75,000 $75,000 $0
2016 $1,360 $75,000 $75,000 $0
2015 $754 $75,000 $75,000 $0
2014 $584 $43,800 $43,800 $0
2012 -- $26,200 $26,200 $0
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

3831 Mayo Lake Rd SW, Rochester, MN

This home is located at 3831 Mayo Lake Rd SW, Rochester, MN 55902 and is currently estimated at $651,076, approximately $373 per square foot. 3831 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.

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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