616 616 Franklin St SW Hutchinson, MN 55350
Estimated Value: $302,000 - $398,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                1,897
                Sq Ft
            
            
                
                    $178/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 616 616 Franklin St SW, Hutchinson, MN 55350 and is currently estimated at $337,517, approximately $177 per square foot. 616 616 Franklin St SW is a home located in McLeod County with nearby schools including Hutchinson West Elementary School, Hutchinson Park Elementary School, and Hutchinson Middle School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Oct 6, 2020
            
        
                Sold by
            
            
                Erickson Amber A and Erickson Andrew J
            
        
                Bought by
            
            
                Yearling Heath and Yearling Jamie
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $247,575
            
        
                Outstanding Balance
            
            
                $220,205
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $117,312
            
        Purchase Details
                Closed on
            
            
                Jun 6, 2013
            
        
                Sold by
            
            
                Kerr Douglas E and Kerr Starr A
            
        
                Bought by
            
            
                Erickson Andrew J
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $165,816
            
        
                Interest Rate
            
            
                3.43%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Jul 29, 2010
            
        
                Sold by
            
            
                Lauer James J and Lauer Lynn M
            
        
                Bought by
            
            
                Kerr Douglas E and Kerr Starr A
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $79,200
            
        
                Interest Rate
            
            
                4.63%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Yearling Heath | $245,100 | Title Mark Llc | |
| Erickson Andrew J | -- | Crow River Title Guaranty In | |
| Kerr Douglas E | -- | Max Title | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Yearling Heath | $247,575 | |
| Previous Owner | Erickson Andrew J | $165,816 | |
| Previous Owner | Kerr Douglas E | $79,200 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,058 | $298,300 | $38,900 | $259,400 | 
| 2023 | $3,998 | $287,700 | $38,900 | $248,800 | 
| 2022 | $3,606 | $267,400 | $37,000 | $230,400 | 
| 2021 | $3,362 | $228,800 | $32,300 | $196,500 | 
| 2020 | $3,724 | $205,700 | $29,400 | $176,300 | 
| 2019 | $3,456 | $195,500 | $29,400 | $166,100 | 
| 2018 | $2,896 | $0 | $0 | $0 | 
| 2017 | $2,710 | $0 | $0 | $0 | 
| 2016 | $2,548 | $0 | $0 | $0 | 
| 2015 | $2,304 | $0 | $0 | $0 | 
| 2014 | -- | $0 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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