NOT LISTED FOR SALE

1408 40th St NW Rochester, MN 55901

Estimated Value: $327,000 - $347,174

5 Beds
2 Baths
2,765 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $152,000 $55 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,113/month

97 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Property is near a preserve or public land
  • Walk-In Closet
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of April 2014

Wonderful 5 bedroom/2 bath, spacious rambler in great NW location. 3 bedrooms on main floor. Uniform hot water heat with new boiler in 2012. New roof 2011. Spacious kitchen has double wall ovens and pro-style cooktop. Laundry is attached to kitchen. Built-in sound system in sunroom and lower bedrooms. Amazing 4-season sunroom with attached patio and fenced backyard. See supplement.

Last Agent to Sell the Property

Mary Kuehn

Edina Realty Rochester Listed on: 12/03/2013

Last Buyer's Agent

Fran Grover

Century 21 Alpha Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,054

Year Built

  • 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System
  • Water Softener is Owned

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 742212022082

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,054

Year Built

1971

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Walk-In Closet
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 742212022082
  • Property Adjoins Public Land: Yes
  • Range: 14.00
  • Section: 22.00
  • Stories: 1 Story
  • Twp Number: 107.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 5: On Level: Main
  • Room 6: Family Room, 22x21, On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Room 17: On Level: Basement
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1465
  • Below Grade Finished Sq Ft: 1300
  • Total Fin Square Footage: 2765
  • Total Square Footage: 2930

Exterior Features

  • Frontage Road: City
  • Construction Type: Poured Concrete
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 70x125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
Apr 14, 2014
Sold by
Bear Creek Services Foundation Inc
Bought by
Arnold Ridkey E and Arnold Jill R
Seller's Agent
Mary Kuehn
Edina Realty Rochester
Buyer's Agent
Fran Grover
Century 21 Alpha Realty
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%
Current Estimated Value
$337,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,544
Avg. Annual Appreciation
7.15%
Original Mortgage
$157,000
Outstanding Balance
$119,663
Interest Rate
4.41%
Mortgage Type
VA
Estimated Equity
$217,881
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arnold Ridkey E $152,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Ridkey E $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $152,000 +1.4% $55 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $149,900 -- $54 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,054 $305,400 $60,000 $245,400
2023 $3,334 $275,400 $35,000 $240,400
2022 $3,146 $264,100 $35,000 $229,100
2021 $2,878 $242,000 $35,000 $207,000
2020 $2,814 $223,500 $25,000 $198,500
2019 $2,612 $211,600 $25,000 $186,600
2018 $2,335 $199,100 $25,000 $174,100
2017 $2,290 $182,900 $25,000 $157,900
2016 $1,988 $153,500 $21,900 $131,600
2015 -- $129,900 $21,200 $108,700
2014 -- $175,900 $25,000 $150,900
2012 -- $175,900 $22,700 $153,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Kuehn

    Edina Realty Rochester

  • F

    Buyer's Agent in 2014

    Fran Grover

    Century 21 Alpha Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4563161

REALTOR® Association of Southern Minnesota

APN: 74.22.12.022082

Minnesota Olmsted County Rochester 55901

1408 40th St NW, Rochester, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes