NOT LISTED FOR SALE

188 River Highlands Ln NW Rochester, MN 55901

Estimated Value: $954,000 - $1,239,000

2.11 Acres
$530,986 Price per Acre
91,912 Sq Ft Lot

Last Sold June 26, 2013

Last sale price $107,000

Est. 947% increase in value since last sale

Current estimated payment $6,964/month

342 Days on Market

About This Lot

As of June 2013

Build your dream home in the country on a 2.11 acre lot. Beautiful rolling hills, only 9 lots in subdivision. Lot 3, block 1 is a flat lot which sits a bit high providing good views. There is a view of trees to the back. Subdivision open to all builders.

Last Agent to Sell the Property

The David & Lois Marris Team

RE/MAX Results - Rochester Listed on: 06/05/2012

Co-Listed By

Damon Doty

RE/MAX Results - Rochester

Last Buyer's Agent

David Marris

RE/MAX Results - Rochester

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,548

Lot Details

  • 2.11 Acre Lot

HOA Fees

  • $25 Monthly HOA Fees

Community Details

  • Association fees include snow removal, lawn care

Property Details

Property Type

Land

Est. Annual Taxes

$12,548

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Estimated Number of Acres: 2.11
  • Special Features: None
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Lawn Care
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 25

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 2.11 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jun 25, 2013
Sold by
River Highlands Llc
Bought by
Hromis Daniel and Hromis Olha
Seller's Agent
The David & Lois Marris Team
RE/MAX Results - Rochester
Buyer's Agent
David Marris
RE/MAX Results - Rochester
List Price
$135,000
Sold Price
$107,000
Premium/Discount to List
-$28,000
-20.74%
Current Estimated Value
$1,120,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,381
Avg. Annual Appreciation
20.95%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Hromis Daniel $107,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2013 06/26/13 Sold $107,000 -20.7% --
05/13/2013 05/13/13 Pending -- -- --
06/05/2012 06/05/12 For Sale $135,000 -- --
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 $12,548 $1,026,300 $160,000 $866,300
2023 $10,902 $995,400 $160,000 $835,400
2022 $11,036 $987,200 $130,000 $857,200
2021 $10,054 $909,700 $130,000 $779,700
2020 $10,000 $840,200 $130,000 $710,200
2019 $9,228 $788,200 $130,000 $658,200
2018 $1,603 $764,600 $130,000 $634,600
2017 $1,710 $130,000 $120,000 $10,000
2016 $1,752 $120,000 $120,000 $0
2015 $1,652 $120,000 $120,000 $0
2014 $534 $120,000 $120,000 $0
2012 -- $25,300 $25,300 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    The David & Lois Marris Team

    RE/MAX

  • D

    Seller Co-Listing Agent in 2013

    Damon Doty

    RE/MAX

  • D

    Buyer's Agent in 2013

    David Marris

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4282957

REALTOR® Association of Southern Minnesota

APN: 74.01.23.080199

Minnesota Olmsted County Rochester 55901

188 River Highlands Ln NW, Rochester, MN

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