NOT LISTED FOR SALE

1861 Traders Point Ln SW Rochester, MN 55902

Estimated Value: $538,000 - $607,000

4 Beds
3 Baths
2,968 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $475,000 $160 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,868/month

52 Days on Market

Highlights

  • Home fronts a pond
  • Bonus Room
  • 2 Car Attached Garage
  • Mayo Senior High School Rated A-
  • Mud Room
  • Laundry Room

About This Home

As of December 2022

Waterfront location & close to shopping, walking trails & Downtown. Enjoy beautiful views from backyard, patio & windows of this two story townhome. New interior paint, carpets & just refinished wood floors. The main floor has wood floors, large living room with fireplace, dining room that opens to backyard, large kitchen, large master suite with full master bath & walk-in close, second bedroom, another full bathroom, laundry, mudroom, utility room & 2 car attached. The second floor has new carpets, 2 bedrooms, a full bathroom & large bonus room.

Last Agent to Sell the Property

Nita Khosla

Edina Realty, Inc. Listed on: 09/22/2022

Edina Realty, Inc.

Last Buyer's Agent

Tracie Fogelson

Property Brokers of Minnesota

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 2006

Lot Details

  • 4,356 Sq Ft Lot
  • Home fronts a pond

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Bamber Valley Elementary School
  • John Adams Middle School
  • Mayo High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Association fees include lawn care, snow removal
  • Matik Management Association, Phone Number (507) 216-0064
  • Traders Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640944074462

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,438

Year Built

Built in 2006

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 2968
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room
  • Living Area: 2968
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Foyer, Laundry, Mud Room

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt, Pitched
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Other, Snow Removal
  • Phone: 507-216-0064
  • Association Fee: 320
  • Association: Yes
  • Amenities Unit: Cable,Patio,Panoramic View,Walk-In Closet

Association/Amenities

  • HOA Management Co: Matik Management

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Irreg
  • Lot Size Sq Ft: 4356
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 640944074462
  • Tax Annual Amount: 6438
  • TaxWithAssessments: 6438.0000

Multi Family

  • WaterfrontFeatures: Pond

MLS Schools

  • Elementary School: Bamber Valley
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 7, 2022
Sold by
Brandelle Rental Properties Llc
Bought by
Bjornsen Eric and Bjornsen Susan
Seller's Agent
Nita Khosla
Edina Realty, Inc.
Buyer's Agent
Tracie Fogelson
Property Brokers of Minnesota
List Price
$529,999
Sold Price
$475,000
Premium/Discount to List
-$54,999
-10.38%
Views
25
Current Estimated Value
$567,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,948
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Pill Hill Apartments Llc
Bought by
Brandelle Rental Properties Llc

Purchase Details

Closed on
Nov 10, 2009
Sold by
Bomgaars Enterprises Inc
Bought by
Pill Hill Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Bomgaars Arnold and Bomgaars Rebecca
Bought by
Bomgaars Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.16%
Mortgage Type
Construction
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
Bjornsen Eric $475,000 --
Brandelle Rental Properties Llc -- None Available
Pill Hill Apartments Llc $350,169 Title Services Inc
Bomgaars Enterprises Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pill Hill Apartments Llc $279,000
Previous Owner Bomgaars Enterprises Inc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2022 12/07/22 Sold $475,000 -10.4% $160 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $529,999 -- $179 / Sq Ft
Source: NorthstarMLS

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 $6,900 $491,100 $90,000 $401,100
2023 $6,208 $493,000 $90,000 $403,000
2022 $6,438 $485,100 $90,000 $395,100
2021 $6,268 $468,000 $90,000 $378,000
2020 $6,120 $455,000 $90,000 $365,000
2019 $5,988 $426,100 $80,000 $346,100
2018 $5,145 $419,000 $80,000 $339,000
2017 $4,964 $370,400 $40,000 $330,400
2016 $5,058 $340,400 $40,000 $300,400
2015 $4,762 $339,100 $40,000 $299,100
2014 $4,618 $339,100 $40,000 $299,100
2012 -- $333,900 $40,000 $293,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6257999

NorthstarMLS

APN: 64.09.44.074462