Seller's Agent in 2022
Lori Mickelson
RE/MAX
(507) 990-0268
171 Total Sales
2048 Galway Ln NE Rochester, MN 55906
Estimated Value: $636,840 - $715,000
5
Beds
3.5
Baths
3,737
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Home Office
- Laundry Room
- Jefferson Elementary School Rated A-
- 3 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of December 2022Super clean walk out 2 story on the end of a cul-de sac w/ privacy and mature trees to the rear and just minutes to Century School. 4 bedrooms on the upper level w/ a 5th in the lowest. Completely finished on all 3 levels. You will find a private study with glass French doors upon entering along with an impressive 2 story foyer. Freshly painted on the main and upper with light neutral tones. An abundance of custom kitchen cabinetry along with granite tops, large island and stainless appliances. Main floor laundry is conveniently located between kitchen and garage. The spacious Master bedroom boasts a very large bath with a separate whirlpool tub and shower and double sinks. Upper level bath with 2 sinks and a second area w/ shower for multiple users. Lower level has a game and bar area- great for entertaining. Additional upgrades include; 9 ft knock down ceilings, paneled doors, 2 fireplaces, and an oversized composite deck. Meticulously maintained inside and out- very impressive!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,986
Year Built
- Built in 2005
Lot Details
- 0.48 Acre Lot
- Few Trees
HOA Fees
- $8 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Jefferson Elementary School
- Kellogg Middle School
- Century High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Shannon Oaks HOA, Phone Number (507) 421-5320
- Shannon Oaks 2Nd Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 732923072991
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2022
Closed on
Dec 19, 2022
Sold by
Forbord Debra
Bought by
Smith Kyle and Smith Kelsey
Seller's Agent
Lori Mickelson
Re/Max Results
Buyer's Agent
Denel Ihde Sparks
Re/Max Results
List Price
$550,000
Sold Price
$568,500
Premium/Discount to List
$18,500
3.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,210
Avg. Annual Appreciation
6.28%
Original Mortgage
$568,500
Outstanding Balance
$551,441
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$125,269
Purchase Details
Closed on
Mar 31, 2006
Sold by
Kevin Berge Builders Llc
Bought by
Forbord Duwayne A and Forbord Debra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2005
Sold by
Arcon Development Inc
Bought by
Kevin Berge Builders Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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 |
|---|---|---|---|
| Smith Kyle | $568,500 | -- | |
| Forbord Duwayne A | $369,900 | Rochester Title | |
| Kevin Berge Builders Llc | $85,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Kyle | $568,500 | |
| Previous Owner | Forbord Duwayne A | $275,000 | |
| Previous Owner | Kevin Berge Builders Llc | $142,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $568,500 | +3.4% | $152 / Sq Ft |
| 10/08/2022 10/08/22 | Pending | -- | -- | -- |
| 10/06/2022 10/06/22 | For Sale | $550,000 | -- | $147 / Sq Ft |
Source: NorthstarMLS
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 | $7,866 | $552,000 | $100,000 | $452,000 |
| 2023 | $6,858 | $536,600 | $80,000 | $456,600 |
| 2022 | $6,352 | $531,200 | $80,000 | $451,200 |
| 2021 | $5,986 | $461,800 | $80,000 | $381,800 |
| 2020 | $5,946 | $434,600 | $80,000 | $354,600 |
| 2019 | $5,762 | $414,100 | $80,000 | $334,100 |
| 2018 | $5,556 | $404,000 | $75,900 | $328,100 |
| 2017 | $5,500 | $391,900 | $75,900 | $316,000 |
| 2016 | $5,384 | $376,600 | $75,300 | $301,300 |
| 2015 | $2,532 | $360,200 | $75,000 | $285,200 |
| 2014 | $4,900 | $360,200 | $75,000 | $285,200 |
| 2012 | -- | $361,500 | $84,890 | $276,610 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Mickelson
-
Denel Ihde Sparks
Buyer's Agent in 2022
Denel Ihde Sparks
RE/MAX
(507) 398-5716
496 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6254108
APN: 73.29.23.072991
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