NOT LISTED FOR SALE

1517 Echo Ridge St SW Rochester, MN 55902

Estimated Value: $640,864 - $771,000

0.24 Acre
$2,945,692 Price per Acre
10,454 Sq Ft Lot

Last Sold June 24, 2014

Last sale price $56,000 $23 Per Sq Ft

Est. 1,162% increase in value since last sale

Current estimated payment $4,416/month

49 Days on Market

About This Lot

As of June 2014

Gorgeous lot with southern exposure next to walking path. Build your custom dream home here in one of the hottest new SW neighborhoods. Open to all builders, convenants in place.

Last Agent to Sell the Property

Julie Fink

Edina Realty Rochester Listed on: 11/20/2012

Last Buyer's Agent

Daniel Groteboer

Edina Realty Rochester

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,128

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 83x127

Listing and Financial Details

  • Assessor Parcel Number 642212076735

Property Details

Property Type

Land

Est. Annual Taxes

$1,128

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Parcel Number: 642212076735
  • Range: 14.00
  • Section: 22.00
  • Taxes With Assessments: 1128
  • Twp Number: 106.00
  • Estimated Number of Acres: 0.24
  • Land Improvements: Paved
  • Comp Dev Subdiv Name: Echo Ridge
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Water, City Sewer
  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas

Schools

  • School District: Rochester #535

Lot Info

  • Lot/Land Description: Paved Streets
  • Estimated Lot Dimensions: 83x127

Tax Info

  • Year: 2012
  • Tax Value: 1128

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2013
Closed on
Dec 13, 2013
Sold by
John Lynch Construction Llc
Bought by
Wright Daniel and Wright Anne
Seller's Agent
Daniel Groteboer
Edina Realty Rochester
Buyer's Agent
Gary Schueller
RE/MAX Results - Rochester
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$706,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,966
Avg. Annual Appreciation
6.10%
Original Mortgage
$280,000
Outstanding Balance
$208,950
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$498,016

Purchase Details

Closed on
Jan 8, 2013
Sold by
Schwendinger James R and Schwendinger Cheryl K
Bought by
John Lynch Construction Llc

Purchase Details

Closed on
Nov 18, 2009
Sold by
Lcf Funding I Llc
Bought by
Schwendinger James R and Schwendinger Cheryl K
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Wright Daniel $350,000 Rochester Title & Escrow
John Lynch Construction Llc $51,500 Title Services Inc
Schwendinger James R $46,000 Holt Title Guaranty Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Daniel $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2014 06/24/14 Sold $56,000 -84.0% $23 / Sq Ft
12/13/2013 12/13/13 Sold $350,000 -2.8% $143 / Sq Ft View Prior Sale
11/22/2013 11/22/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $359,900 +542.7% $147 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $56,000 -- $23 / 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 $8,150 $565,100 $75,000 $490,100
2023 $7,318 $566,800 $75,000 $491,800
2022 $6,100 $511,300 $75,000 $436,300
2021 $5,668 $443,500 $50,000 $393,500
2020 $5,608 $411,700 $50,000 $361,700
2019 $5,458 $392,100 $50,000 $342,100
2018 $5,310 $384,200 $50,000 $334,200
2017 $5,226 $377,800 $50,000 $327,800
2016 $5,192 $357,600 $49,400 $308,200
2015 $4,748 $347,300 $49,200 $298,100
2014 $852 $337,500 $49,100 $288,400
2012 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Julie Fink

    Edina Realty Rochester

  • D

    Buyer's Agent in 2014

    Daniel Groteboer

    Edina Realty Rochester

  • G

    Buyer's Agent in 2013

    Gary Schueller

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4419656

REALTOR® Association of Southern Minnesota

APN: 64.22.12.076735

Minnesota Olmsted County Rochester 55902

1517 Echo Ridge St SW, Rochester, MN

This home is located at 1517 Echo Ridge St SW, Rochester, MN 55902 since 20 November 2012 and is currently estimated at $706,966, approximately $288 per square foot. 1517 Echo Ridge St 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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