NOT LISTED FOR SALE

1966 Shannon Oaks Blvd NE Rochester, MN 55906

Estimated Value: $814,834 - $843,000

0.6 Acre
$1,380,765 Price per Acre
26,136 Sq Ft Lot

Last Sold February 23, 2012

Last sale price $66,250

Est. 1,151% increase in value since last sale

Current estimated payment $5,352/month

339 Days on Market

About This Lot

As of February 2012

2 lots available, $68,900. Both are walkouts. Southern exposure, panoramic views. Rolling topograhy. Available to any builder.

Last Agent to Sell the Property

Sharon Taylor

Edina Realty Rochester Listed on: 02/25/2011

Last Buyer's Agent

Donna Johanns

Edina Realty Rochester

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,516

Lot Details

  • 0.6 Acre Lot
  • Street terminates at a dead end
  • Irregular Lot
  • Finished Lot(s)

Additional Features

  • Property is near public transit
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 732924075158

Property Details

Property Type

Land

Est. Annual Taxes

$11,516

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Parcel Number: 732924075158
  • Range: 13.00
  • Section: 29.00
  • Taxes With Assessments: 782
  • Twp Number: 107.00
  • Estimated Number of Acres: 0.6
  • Additional Information: Abstract
  • Development Status: Finished Lot
  • Land Improvements: Dead End/No Outlet, Sidewalk
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Lot/Land Description: Irregular Lot, Pub. Trans (w/In 6 Blks), Paved Streets
  • Estimated Lot Dimensions: Irreg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2012
Sold by
Dan Hansen Construction Llc
Bought by
Bovee Gregory J and Bovee Katie J
Current Estimated Value
$828,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Outstanding Balance
$272,938
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$555,521

Purchase Details

Listed on
Feb 25, 2011
Closed on
Feb 16, 2012
Sold by
Wright Homes Inc
Bought by
Dan Hansen Construction Llc
Seller's Agent
Sharon Taylor
Edina Realty Rochester
Buyer's Agent
Donna Johanns
Edina Realty Rochester
List Price
$68,900
Sold Price
$66,250
Premium/Discount to List
-$2,650
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$388,000
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 16, 2005
Sold by
Arcon Development Inc
Bought by
Wright Homes 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
Bovee Gregory J $496,000 None Available
Dan Hansen Construction Llc $66,251 Burnet Title
Wright Homes Inc $86,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bovee Gregory J $396,800
Previous Owner Dan Hansen Construction Llc $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $66,250 -3.8% --
01/30/2012 01/30/12 Pending -- -- --
02/25/2011 02/25/11 For Sale $68,900 -- --
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 $11,516 $768,900 $90,000 $678,900
2023 $9,834 $731,200 $70,000 $661,200
2022 $9,064 $712,600 $70,000 $642,600
2021 $8,572 $630,700 $70,000 $560,700
2020 $8,336 $600,800 $70,000 $530,800
2019 $8,004 $566,200 $70,000 $496,200
2018 $7,709 $549,600 $65,000 $484,600
2017 $7,604 $535,800 $65,000 $470,800
2016 $7,214 $517,700 $65,000 $452,700
2015 $6,790 $483,500 $65,000 $418,500
2014 $6,404 $483,500 $65,000 $418,500
2012 -- $59,900 $59,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3459649

REALTOR® Association of Southern Minnesota

APN: 73.29.24.075158