NOT LISTED FOR SALE

7224 Siems Ln NE Rochester, MN 55906

Estimated Value: $609,000 - $848,000

4 Beds
3 Baths
3,344 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 7224 Siems Ln NE, Rochester, MN 55906 and is currently estimated at $754,447, approximately $225 per square foot. 7224 Siems Ln NE is a home located in Olmsted County with nearby schools including Gage Elementary School, Century Senior High School, and Greene Valley School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2018
Sold by
Markuson Michael and Markuson Suzanne
Bought by
Kissoon Narayan Rai
Current Estimated Value
$739,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,900
Outstanding Balance
$181,997
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$572,450

Purchase Details

Closed on
Dec 15, 2012
Sold by
Decook Builders Llc
Bought by
Markuson Michael and Markuson Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,472
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2012
Sold by
Sally Hill Development Llc
Bought by
Decook Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.54%
Mortgage Type
Construction
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
Kissoon Narayan Rai $569,900 Burnet Title
Markuson Michael $423,654 Edina Realty Title Inc
Decook Builders Llc $115,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kissoon Narayan Rai $564,900
Previous Owner Markuson Michael $402,472
Previous Owner Decook Builders Llc $306,000
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 $7,642 $656,800 $180,000 $476,800
2023 $6,692 $644,300 $180,000 $464,300
2022 $6,298 $608,100 $160,000 $448,100
2021 $5,962 $556,400 $160,000 $396,400
2020 $5,934 $533,000 $160,000 $373,000
2019 $5,354 $502,500 $160,000 $342,500
2018 $5,164 $474,500 $150,000 $324,500
2017 $5,042 $459,600 $139,900 $319,700
2016 $4,714 $424,400 $119,900 $304,500
2015 $4,392 $388,900 $119,300 $269,600
2014 $4,130 $388,900 $119,300 $269,600
2012 -- $45,500 $45,500 $0
Source: Public Records

Map

Minnesota Olmsted County Rochester 55906

7224 Siems Ln NE, Rochester, MN

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