NOT LISTED FOR SALE

1525 Monterey Ln SW Rochester, MN 55902

Pine Ridge Neighborhood

Estimated Value: $563,000 - $714,000

5 Beds
3.5 Baths
4,120 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $294,000 $71 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,064/month

106 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathroom on Main Level
  • Mayo Senior High School Rated A-
  • Fireplace
  • Property is near a preserve or public land

About This Home

As of August 2013

Outstanding floor plan with great curb appeal! This two story home features main floor master bedroom, a great sun room, main floor laundry with mudroom, Quartz counter tops and back splash in kitchen, knock down textured ceilings, in-ground sprinkler system, and much more! Shop and compare, location, amenities, and square footage. Recently finished walkout lower level!

Last Agent to Sell the Property

Mike Hart

Berkshire Hathaway HomeServices Lovejoy Realty Listed on: 04/22/2013

Last Buyer's Agent

Greg Hostetter

RE/MAX Results - Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,366

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 92x141

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 641513059244

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,366

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.3
  • Construction: Previously Owned
  • Parcel Number: 641513059244
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 4366
  • Comp Dev Subdiv Name: Pinewood Ridge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator, Trash Compactor
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 2: On Level: Upper
  • Room 3: On Level: Upper
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2532
  • Below Grade Finished Sq Ft: 1588
  • Total Fin Square Footage: 4120
  • Total Square Footage: 4120

Exterior Features

  • Construction Type: Poured Concrete
  • Exterior: Brick, Vinyl

Garage/Parking

  • 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: 92x141

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2012
  • Tax Value: 4366

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jul 31, 2013
Sold by
Stone Financing Llc
Bought by
Fadlia Bassem
Seller's Agent
Mike Hart
Berkshire Hathaway HomeServices Lovejoy Realty
Buyer's Agent
Greg Hostetter
RE/MAX Results - Rochester
List Price
$338,500
Sold Price
$294,000
Premium/Discount to List
-$44,500
-13.15%
Current Estimated Value
$641,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,348
Avg. Annual Appreciation
6.62%
Original Mortgage
$235,200
Outstanding Balance
$174,209
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$467,139

Purchase Details

Closed on
Mar 16, 2013
Sold by
Sheldrake Timothy and Heldrake Janet
Bought by
Stone Financial Llc

Purchase Details

Closed on
Feb 1, 2010
Sold by
Hsbc Mortgage Services Inc
Bought by
Sheldrake Timothy and Sheldrake Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Gerber Donald D and Gerber Theresa L
Bought by
Hsbc Mortgage Services Inc
Source: Public Records

Range of Values:

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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
Fadlia Bassem $294,000 Stewart Title Guaranty Co
Stone Financial Llc $338,500 Stewart Title Guaranty Co
Sheldrake Timothy $290,000 Burnet Title Rochester
Hsbc Mortgage Services Inc $201,480 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fadlia Bassem $235,200
Previous Owner Sheldrake Timothy $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2013 08/27/13 Sold $294,000 -13.1% $71 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $338,500 -- $82 / 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 $8,088 $561,400 $60,000 $501,400
2023 $7,090 $551,800 $60,000 $491,800
2022 $5,982 $484,600 $60,000 $424,600
2021 $5,524 $434,900 $50,000 $384,900
2020 $5,688 $402,000 $50,000 $352,000
2019 $5,626 $397,300 $50,000 $347,300
2018 $5,297 $395,200 $45,000 $350,200
2017 $5,212 $377,100 $45,000 $332,100
2016 $4,386 $356,600 $44,400 $312,200
2015 $4,046 $292,500 $43,500 $249,000
2014 $4,014 $287,100 $43,400 $243,700
2012 -- $289,500 $43,454 $246,046
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mike Hart

    Berkshire Hathaway HomeServices Lovejoy Realty

  • G

    Buyer's Agent in 2013

    Greg Hostetter

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4465966

REALTOR® Association of Southern Minnesota

APN: 64.15.13.059244

Minnesota Olmsted County Rochester 55902 Pine Ridge

1525 Monterey Ln SW, Rochester, MN

This home is located at 1525 Monterey Ln SW, Rochester, MN 55902 since 22 April 2013 and is currently estimated at $641,348, approximately $155 per square foot. This property was built in 2002. 1525 Monterey 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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