NOT LISTED FOR SALE

1505 Echo Ridge Rd SW Rochester, MN 55902

Estimated Value: $646,698 - $704,000

4 Beds
3 Baths
3,408 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $370,000 $109 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,266/month

431 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Mayo Senior High School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2013

To be fully finished, 4 bedroom/3 bath ranch. Located on a walk-out, 0.31 acre SW lot. Basement to have gas fireplace and wet bar. High-end appliances and copious amounts of hardwood floors! Spacious great room with vaulted ceilings, gas fireplace, built-ins and desk! Huge master with tray ceiling, fan, and separate shower and whirlpool in the master bath. Energy tested!

Co-Listed By

Megan Markham

Coldwell Banker Burnet

Last Buyer's Agent

Frank Armstrong

RE/MAX Results Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,156

Year Built

  • 2012

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 105x128
  • Few Trees

Home Design

  • Home Under Construction
  • Frame Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Rough-In
  • 3 Full Bathrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 642211076671

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,156

Year Built

2012

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups, Wet Bar
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.31
  • Construction: Under Construction
  • Parcel Number: 642211076671
  • Stories: 1 Story
  • Taxes With Assessments: 514
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Dining Room: Breakfast Bar, Breakfast Nook, Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor Full Bath, Private Master, Rough In, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: On Level: Main
  • Room 2: On Level: Basement
  • Room 3: On Level: Basement
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 7: On Level: Main
  • Room 8: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 13: On Level: Main
  • Room 15: On Level: Main
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1704
  • Below Grade Finished Sq Ft: 1704
  • Total Fin Square Footage: 3408
  • Total Square Footage: 3408

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 105x128
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2011
Closed on
Apr 15, 2013
Sold by
Markham Homes Llc
Bought by
Zundel Brad A
Buyer's Agent
Frank Armstrong
RE/MAX Results Rochester
List Price
$319,900
Sold Price
$370,000
Premium/Discount to List
$50,100
15.66%
Current Estimated Value
$678,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,425
Avg. Annual Appreciation
4.96%
Original Mortgage
$295,000
Outstanding Balance
$208,513
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$469,912

Purchase Details

Closed on
Dec 8, 2011
Sold by
Clf Funding I Llc
Bought by
Markha Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,750
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Zundel Brad A $370,000 Rochester Title
Markha Homes Llc $64,900 Holt Title Guaranty Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zundel Brad A $295,000
Previous Owner Markha Homes Llc $219,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $370,000 +15.7% $109 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
12/30/2011 12/30/11 For Sale $319,900 -- $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 $8,156 $565,500 $75,000 $490,500
2023 $7,318 $566,800 $75,000 $491,800
2022 $6,276 $498,500 $75,000 $423,500
2021 $5,954 $456,300 $65,000 $391,300
2020 $5,946 $432,300 $65,000 $367,300
2019 $5,882 $414,000 $65,000 $349,000
2018 $5,358 $411,800 $65,000 $346,800
2017 $5,062 $394,600 $65,000 $329,600
2016 $4,834 $346,100 $64,000 $282,100
2015 $4,424 $323,000 $63,500 $259,500
2014 $3,600 $314,300 $63,300 $251,000
2012 -- $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2013

    Megan Markham

    Coldwell Banker Burnet

  • F

    Buyer's Agent in 2013

    Frank Armstrong

    RE/MAX

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4180568

REALTOR® Association of Southern Minnesota

APN: 64.22.11.076671

Minnesota Olmsted County Rochester 55902

1505 Echo Ridge Rd SW, Rochester, MN

This home is located at 1505 Echo Ridge Rd SW, Rochester, MN 55902 since 30 December 2011 and is currently estimated at $678,425, approximately $199 per square foot. This property was built in 2012. 1505 Echo Ridge Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, Willow Creek 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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