1816 Bear Ridge Ln SE Rochester, MN 55904
Estimated Value: $747,000 - $1,134,000
4
Beds
4
Baths
3,540
Sq Ft
$254/Sq Ft
Est. Value
About This Home
This home is located at 1816 Bear Ridge Ln SE, Rochester, MN 55904 and is currently estimated at $897,593, approximately $253 per square foot. 1816 Bear Ridge Ln SE is a home located in Olmsted County with nearby schools including Pinewood Elementary School, Willow Creek Middle School, and Mayo Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2016
Sold by
Schultes Glenn J and Bjerke Michelle D
Bought by
Gordon Lukas D and Gordon Heather R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$332,395
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$565,198
Purchase Details
Closed on
Dec 13, 2010
Sold by
Smith Ted W and Smith Wendy V
Bought by
Schultes Glenn J and Bjerke Michelle D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
4.44%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gordon Lukas D | $525,000 | Edina Realty Title | |
| Schultes Glenn J | $459,000 | Edina Title Rochester |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gordon Lukas D | $417,000 | |
| Previous Owner | Schultes Glenn J | $367,200 |
Source: Public Records
Tax History Compared to Growth
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 | $7,134 | $677,300 | $140,000 | $537,300 |
| 2023 | $6,234 | $666,200 | $140,000 | $526,200 |
| 2022 | $6,128 | $681,000 | $140,000 | $541,000 |
| 2021 | $5,852 | $585,900 | $125,000 | $460,900 |
| 2020 | $5,826 | $565,700 | $125,000 | $440,700 |
| 2019 | $5,532 | $543,900 | $125,000 | $418,900 |
| 2018 | $4,924 | $524,800 | $125,000 | $399,800 |
| 2017 | $4,572 | $498,800 | $125,000 | $373,800 |
| 2016 | $4,846 | $423,600 | $100,000 | $323,600 |
| 2015 | $4,396 | $436,000 | $100,000 | $336,000 |
| 2014 | $4,208 | $421,700 | $100,000 | $321,700 |
| 2012 | -- | $406,900 | $99,853 | $307,047 |
Source: Public Records
Map
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