NOT LISTED FOR SALE

xxxx Franconia (L1b11) Ln SW Rochester, MN 55902

Estimated Value: $1,097,000 - $1,426,000

5 Beds
4 Baths
2,920 Sq Ft
$414/Sq Ft Est. Value

About This Home

This home is located at xxxx Franconia (L1b11) Ln SW, Rochester, MN 55902 and is currently estimated at $1,210,193, approximately $414 per square foot. xxxx Franconia (L1b11) Ln 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
Oct 14, 2022
Sold by
Mayo Foundation For Medical Education An
Bought by
Wilking James and Wilking Connie
Current Estimated Value
$1,210,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Outstanding Balance
$717,847
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$492,346

Purchase Details

Closed on
Sep 29, 2022
Sold by
Nelson James and Nelson Megan
Bought by
Mayo Foundation and Medical Educat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Outstanding Balance
$717,847
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$492,346

Purchase Details

Closed on
Apr 28, 2021
Sold by
Nelson James A and Nelson Megan H
Bought by
Nelson Megan H and Nelson James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,850
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2020
Sold by
Nelson Megan H and Nelson James A
Bought by
Nelson Megan H and Nelson James A

Purchase Details

Closed on
Dec 22, 2017
Sold by
Erickson Dirk
Bought by
Nelson Megan H and Nelson James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Willson Rayelle M
Bought by
Erickson Dirk and Erickson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,695
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2014
Sold by
Cpdc Rochester Development Inc
Bought by
Willson Rayelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
4.35%
Mortgage Type
New Conventional
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
Wilking James $935,000 --
Mayo Foundation -- --
Mayo Foundation For Medical Education An $935,000,000 --
Nelson Megan H -- None Available
Nelson James A -- Amrock Recording Department
Nelson Megan H -- None Available
Nelson Megan H $772,000 Home Title Inc
Erickson Dirk $85,000 Rochester Title & Escrow
Willson Rayelle M $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilking James $748,000
Previous Owner Nelson James A $396,850
Previous Owner Nelson Megan H $617,600
Previous Owner Erickson Dirk $673,695
Previous Owner Willson Rayelle M $65,250
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 $11,222 $968,900 $150,000 $818,900
2023 $9,950 $939,600 $150,000 $789,600
2022 $8,908 $823,300 $125,000 $698,300
2021 $8,420 $763,000 $125,000 $638,000
2020 $8,834 $732,400 $125,000 $607,400
2019 $7,328 $725,300 $125,000 $600,300
2018 $6,246 $642,900 $95,000 $547,900
2017 $5,304 $614,300 $95,000 $519,300
2016 $1,346 $458,100 $95,000 $363,100
2015 $639 $95,000 $95,000 $0
2014 $1,276 $95,000 $95,000 $0
2012 -- $95,000 $95,000 $0
Source: Public Records

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