NOT LISTED FOR SALE

1423 Riverpointe Rd Watertown, MN 55388

Estimated Value: $320,000 - $326,000

3 Beds
2 Baths
1,466 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $289,900 $198 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,152/month

8 Days on Market

Highlights

  • New Construction
  • Deck
  • Living Room
  • Watertown-Mayer Elementary School Rated 9+
  • 2 Car Attached Garage
  • Sod Farm

About This Home

As of March 2023

Within the stunning, serene community of Riverpointe, you will find a quiet, private small community which features private paved walking trails, a private park, and a private fishing pier all located within minutes of Hwy 25, Hwy 7 and Interstate 12! This Blackberry townhome is located on a private drive and features a spectacular layout for your family with three bedrooms, two bathrooms and spacious living areas. Enjoy comfortable living and entertaining areas on the upper level of this home, which includes a superior, upgraded kitchen with an island that opens to a huge family room and the dining room. Just off the dining room, is a fully finished deck complete with maintenance free decking! Downstairs, the unfinished recreation room is set for future buildout of a game room and powder bath, perfect for entertaining guests or fun family nights. This home also features a large back yard lined with trees – with no rear neighbors!

Last Agent to Sell the Property

Matthew Stepanek

LGI Realty-Minnesota, LLC Listed on: 01/25/2023

Last Buyer's Agent

Kara Hoogeveen

Edina Realty, Inc.

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $174

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,398 Sq Ft Lot
  • Lot Dimensions are 39x94

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Metal Siding

Interior Spaces

  • 1,466 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Drainage System
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Deck
  • Sod Farm

Community Details

  • Riverpointe Home Owners Association, Phone Number (612) 600-8888
  • Riverpointe Community
  • Riverpointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 854010040

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$174

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$171 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1466
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Drainage System, Egress Window(s), Finished, Concrete, Storage Space, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Freezer, Microwave, Refrigerator
  • Living Area: 1466
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1
  • SqFtTotal: 2099.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 612-600-8888
  • Association Fee: 171
  • Association: Yes
  • Amenities Unit: Deck,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Riverpointe

Association/Amenities

  • HOA Management Co: Riverpointe Home Owners Association

Schools

  • Junior High Dist: Watertown-Mayer
  • SchoolDistrictPhone: 952-955-0480

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 39x94
  • Lot Size Sq Ft: 3397.68
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 854010040
  • Tax Annual Amount: 174
  • TaxWithAssessments: 174.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 21, 2023
Sold by
Lgi Homes-Minnesota Llc
Bought by
Nexus Marz Blake and Nexus Mikel West
Seller's Agent
Matthew Stepanek
LGI Realty-Minnesota, LLC
Buyer's Agent
Kara Hoogeveen
Edina Realty, Inc.
List Price
$295,900
Sold Price
$289,900
Premium/Discount to List
-$6,000
-2.03%
Current Estimated Value
$323,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,500
Avg. Annual Appreciation
4.28%
Original Mortgage
$284,648
Outstanding Balance
$276,290
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$47,110
Source: Public Records

Range of Values:

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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
Nexus Marz Blake $289,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nexus Marz Blake $284,648
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Sold $289,900 -2.0% $198 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $295,900 -- $202 / Sq Ft
Source: NorthstarMLS

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
2025 $3,356 $309,300 $65,000 $244,300
2024 $3,338 $284,500 $40,000 $244,500
2023 $1,454 $284,500 $40,000 $244,500
2022 $174 $120,200 $32,200 $88,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Stepanek

    LGI Realty-Minnesota, LLC

    (763) 744-6213

    22 in this area

    167 Total Sales

    Matthew Stepanek
    Section Image
  • Kara Hoogeveen

    Buyer's Agent in 2023

    Kara Hoogeveen

    Edina Realty, Inc.

    (612) 759-0581

    2 in this area

    143 Total Sales

    Kara Hoogeveen
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6326625

NorthstarMLS

APN: 85.4010040

Minnesota Carver County Watertown 55388

1423 Riverpointe Rd, Watertown, MN

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