NOT LISTED FOR SALE

1503 Redwood Ln SW Rochester, MN 55902

Pine Ridge Neighborhood

Estimated Value: $548,758 - $736,000

5 Beds
3 Baths
3,739 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $335,000 $90 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,010/month

178 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Woodwork
  • Mayo Senior High School Rated A-
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of October 2013

Great floor plan, lots of upgrades including granite countertops, tile floors, paneled doors and more. Situated on a private, park-like lot.

Last Agent to Sell the Property

Robin Gwaltney

Coldwell Banker At Your Service Rea Listed on: 03/27/2013

Coldwell Banker At Your Service Rea

Last Buyer's Agent

Ron Wightman

Property Brokers of Minnesota, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 190x131

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 641514070784

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Kitchen Center Island, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.32
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 641514070784
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 4260
  • Comp Dev Subdiv Name: Pine Ridge Estates
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Second Floor
  • Room 17: On Level: Lower
  • Basement Features: Finished
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2507
  • Below Grade Finished Sq Ft: 1232
  • Total Fin Square Footage: 3739
  • Total Square Footage: 3739

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 190x131

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2012
  • Tax Value: 4260

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Oct 7, 2013
Sold by
Reinhart Kurt Anthony
Bought by
Linn Cameron W and Linn Melody A
Seller's Agent
Robin Gwaltney
Coldwell Banker At Your Service Rea
Buyer's Agent
Ron Wightman
Property Brokers of Minnesota, Inc.
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$653,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,940
Avg. Annual Appreciation
5.71%
Original Mortgage
$294,500
Outstanding Balance
$221,980
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$431,960

Purchase Details

Closed on
Jan 20, 2010
Sold by
Reinhart Sally Joann
Bought by
Reinhart Kurt Anthony

Purchase Details

Closed on
Mar 28, 2006
Sold by
Trevor Rasmussen Construction Inc
Bought by
Reinhart Kurt and Reinhart Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Linn Cameron W $335,000 Rochester Title & Escrow
Reinhart Kurt Anthony -- None Available
Reinhart Kurt $312,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linn Cameron W $294,500
Previous Owner Reinhart Kurt $249,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $335,000 -4.3% $90 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $349,900 -- $94 / 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 $6,954 $494,500 $60,000 $434,500
2023 $6,180 $490,700 $60,000 $430,700
2022 $5,408 $443,900 $60,000 $383,900
2021 $4,948 $394,600 $60,000 $334,600
2020 $5,106 $363,100 $60,000 $303,100
2019 $4,910 $359,800 $60,000 $299,800
2018 $4,742 $348,600 $50,600 $298,000
2017 $4,668 $340,400 $50,600 $289,800
2016 $4,552 $318,800 $49,400 $269,400
2015 $4,182 $303,800 $49,100 $254,700
2014 $4,112 $296,800 $49,000 $247,800
2012 -- $301,500 $49,807 $251,693
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robin Gwaltney

    Coldwell Banker At Your Service Rea

    Section Image

  • R

    Buyer's Agent in 2013

    Ron Wightman

    Property Brokers of Minnesota, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4455011

REALTOR® Association of Southern Minnesota

APN: 64.15.14.070784

Minnesota Olmsted County Rochester 55902 Pine Ridge

1503 Redwood Ln SW, Rochester, MN

This home is located at 1503 Redwood Ln SW, Rochester, MN 55902 since 27 March 2013 and is currently estimated at $653,940, approximately $174 per square foot. This property was built in 2004. 1503 Redwood 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.

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.

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