NOT LISTED FOR SALE

2041 Galway Ln NE Rochester, MN 55906

Estimated Value: $765,689 - $867,000

5 Beds
4 Baths
4,083 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 2041 Galway Ln NE, Rochester, MN 55906 and is currently estimated at $811,922, approximately $198 per square foot. 2041 Galway Ln NE is a home located in Olmsted County with nearby schools including Jefferson Elementary School, Kellogg Middle School, and Century Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Gade Chris W and Gade Mame J
Bought by
Link Mitchell Allen and Huxsahl Link Rachel
Current Estimated Value
$811,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$479,807
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$332,115

Purchase Details

Closed on
Jun 1, 2006
Sold by
Cornerstone Builders & Real Estate Inc
Bought by
Gbade Chris W and Gade Marna J N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2005
Sold by
Millennium Homes & Realty Inc
Bought by
Cornerstone Builders & Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2005
Sold by
Arcon Development Inc
Bought by
Millenium Homes Of Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,210
Interest Rate
5.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Link Mitchell Allen $660,000 Edina Realty Title Inc
Gbade Chris W $563,515 None Available
Cornerstone Builders & Real Estate Inc $93,400 None Available
Millenium Homes Of Realty Inc $85,900 None Available
Link Mitchell Mitchell $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Link Mitchell Allen $528,000
Previous Owner Gbade Chris W $268,500
Previous Owner Cornerstone Builders & Real Estate Inc $413,000
Previous Owner Millenium Homes Of Realty Inc $78,210
Closed Link Mitchell Mitchell $655,000
Source: Public Records

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 $11,004 $738,500 $100,000 $638,500
2023 $9,864 $733,200 $80,000 $653,200
2022 $8,972 $713,600 $80,000 $633,600
2021 $8,250 $625,300 $80,000 $545,300
2020 $8,178 $581,500 $80,000 $501,500
2019 $7,886 $557,200 $80,000 $477,200
2018 $7,438 $542,800 $75,900 $466,900
2017 $7,438 $525,500 $75,900 $449,600
2016 $7,248 $508,200 $75,900 $432,300
2015 $6,824 $485,900 $75,900 $410,000
2014 $6,544 $485,900 $75,900 $410,000
2012 -- $486,900 $89,900 $397,000
Source: Public Records

Map

Minnesota Olmsted County Rochester 55906

2041 Galway Ln NE, Rochester, MN

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