NOT LISTED FOR SALE

488 Verwood Ln NE Byron, MN 55920

Estimated Value: $377,000 - $477,000

4 Beds
3 Baths
2,040 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 488 Verwood Ln NE, Byron, MN 55920 and is currently estimated at $430,442, approximately $211 per square foot. 488 Verwood Ln NE is a home located in Olmsted County with nearby schools including Byron Intermediate School, Byron Middle School, and Byron Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Kirchhoff William and Kirchhoff Chari
Bought by
Paudel Bimal and Kadariya Sabina
Current Estimated Value
$430,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Outstanding Balance
$334,029
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$96,413

Purchase Details

Closed on
Jun 11, 2019
Sold by
More Larry
Bought by
Kirchhoff William and Kirchhoff Chari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
May 20, 2016
Sold by
Majestic Homes Inc
Bought by
More Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2016
Sold by
Big-De Development Company Llc
Bought by
Majestic Homes Inc

Purchase Details

Closed on
Dec 2, 2008
Sold by
Darrel A Farr Development Corp
Bought by
Prosperan Bank and Washington County Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Paudel Bimal $387,300 --
Kirchhoff William $310,000 Rochester Title
More Larry $277,639 Attorney
Majestic Homes Inc $49,000 None Available
Prosperan Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paudel Bimal $348,570
Previous Owner Kirchhoff William $251,100
Previous Owner More Larry $100,000
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 $5,730 $366,700 $60,000 $306,700
2023 $5,740 $367,000 $60,000 $307,000
2022 $4,990 $357,100 $60,000 $297,100
2021 $4,576 $282,700 $55,000 $227,700
2020 $4,348 $276,700 $55,000 $221,700
2019 $4,272 $258,500 $45,000 $213,500
2018 $2,207 $255,000 $45,000 $210,000
2017 $444 $235,500 $45,000 $190,500
2016 $666 $24,000 $24,000 $0
2015 $644 $30,000 $30,000 $0
2014 $602 $30,000 $30,000 $0
2012 -- $30,000 $30,000 $0
Source: Public Records

Map

Minnesota Olmsted County Byron 55920

488 Verwood Ln NE, Byron, MN

Not Listed for Sale

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