616 Franklin St SW Hutchinson, MN 55350
Estimated Value: $302,000 - $398,000
6
Beds
3
Baths
3,284
Sq Ft
$103/Sq Ft
Est. Value
About This Home
This home is located at 616 Franklin St SW, Hutchinson, MN 55350 and is currently estimated at $337,517, approximately $102 per square foot. 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%
Create a Home Valuation Report for This Property
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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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