NOT LISTED FOR SALE

1427 Riverpointe Rd Watertown, MN 55388

Estimated Value: $293,000 - $312,000

2 Beds
1 Bath
1,289 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $259,900 $202 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,055/month

23 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Sod Farm
  • Watertown-Mayer Elementary School Rated 9+
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

This amazing home is situated in a small private community tucked away from the hustle and bustle of the city. This location features private paved walking trails, a private park, and a private fishing pier! The beautiful townhome features a comfortable layout with two bedrooms, one bathroom and an open entertaining area on the upper level and over 600 square feet of unfinished buildout space on the lower level. In addition to a full suite of energy-efficient appliances, the chef-ready kitchen in this home includes a stunning island, high-grade cabinetry, designer light fixtures and luxury vinyl plank flooring! Both bedrooms are spacious and feature walk-in closets. Just off of the combined kitchen and dining space is a fully finished deck complete with maintenance free decking and privacy fence!

Last Agent to Sell the Property

Matthew Stepanek

LGI Realty-Minnesota, LLC Listed on: 01/24/2023

Last Buyer's Agent

Nessa Sander

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $174

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,178

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Wood Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished 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
  • Lot Dimensions are 13x34
  • Sod Farm

Community Details

  • Riverpointe Home Owners Association, Phone Number (612) 808-6600
  • Riverpointe Community
  • Riverpointe Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 854010020

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$174

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$168 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: 1289
  • 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), Storage Space, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Freezer, Microwave, Range, Refrigerator
  • Living Area: 1289
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Laundry
  • SqFtTotal: 1949.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

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: 612-808-6600
  • Association Fee: 168
  • Association: Yes
  • Amenities Unit: Deck,Kitchen Center Island,Primary Bedroom Walk-In Closet,Porch,Vaulted Ceiling(s),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: 13x34
  • 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: Metal Siding, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 854010020
  • Tax Annual Amount: 174
  • TaxWithAssessments: 174.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
May 5, 2023
Sold by
Polynskaya Irina P
Bought by
Lgi Homes Minnesota Llc
Seller's Agent
Matthew Stepanek
LGI Realty-Minnesota, LLC
Buyer's Agent
Nessa Sander
Compass
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$302,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,213
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 17, 2023
Sold by
Lgi Homes-Minnesota Llc
Bought by
Lin Jiao
Seller's Agent
Matthew Stepanek
LGI Realty-Minnesota, LLC
Buyer's Agent
Nessa Sander
Compass
List Price
$259,900
Sold Price
$259,900
Source: Public Records

Range of Values:

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Average Value
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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
Lgi Homes Minnesota Llc $500 Burnet Title
Lin Jiao $259,900 Burnet Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $259,900 0.0% $202 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $259,900 0.0% $202 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $259,900 -0.8% $202 / Sq Ft
01/24/2023 01/24/23 For Sale $261,900 -- $203 / 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 $3,570 $306,700 $65,000 $241,700
2024 $3,206 $282,800 $40,000 $242,800
2023 $1,366 $263,300 $40,000 $223,300
2022 $174 $112,600 $32,200 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6326424

NorthstarMLS

APN: 85.4010020