NOT LISTED FOR SALE

2060 Galway Ln NE Rochester, MN 55906

Estimated Value: $858,222 - $1,196,000

5 Beds
4 Baths
5,116 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $589,900 $115 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,174/month

11 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Formal Dining Room
  • Jefferson Elementary School Rated A-
  • Vaulted Ceiling
  • Fireplace

About This Home

As of July 2014

Beautiful 6166 sqft custom built house on .48 acres, scenic, private, wooded, cul-de-sac, walkout lot. Tall ceilings, wood floors, landscaped, deck, patio, basketball court, granite counters, gas fireplace. Extra large mudroom, 888 sqft prestress room, wet bar, cherry wood cabinetry, 5 bedrooms, 4 full baths, living room, formal dining room, study, theatre room, 2 family rooms, eat-in kitchen.

Last Agent to Sell the Property

Nita Khosla

Edina Realty Rochester Listed on: 06/12/2014

Last Buyer's Agent

Daniel Groteboer

Edina Realty Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,508

Year Built

  • Built in 2005

Lot Details

  • 0.48

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • 0.48 Acre Lot

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 732923072993

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,508

Year Built

Built in 2005

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Wet Bar
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.48
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 732923072993
  • Property Adjoins Public Land: Yes
  • Range: 13.00
  • Section: 29.00
  • Stories: 2 Story
  • Twp Number: 107.00
  • Comp Dev Subdiv Name: Shannon Oaks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 4: On Level: Main
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Second Floor
  • Room 12: On Level: Main
  • Room 13: On Level: Second Floor
  • Room 14: On Level: Basement
  • Room 15: On Level: Basement
  • Room 19: On Level: Basement
  • Basement Features: Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3561
  • Below Grade Finished Sq Ft: 1555
  • Total Fin Square Footage: 5116
  • Total Square Footage: 6166

Exterior Features

  • Frontage Road: City
  • Exterior: Cement Board, Stone, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 100

Lot Info

  • Estimated Lot Dimensions: Irreg

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2013
  • Tax Value: 6508

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jul 23, 2014
Sold by
Vandecorput Gregory S and Vandecorput Jill R
Bought by
Buchan Christine L and Buchan Brent C
Seller's Agent
Nita Khosla
Edina Realty Rochester
Buyer's Agent
Daniel Groteboer
Edina Realty Rochester
List Price
$589,900
Sold Price
$589,900
Current Estimated Value
$972,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,906
Avg. Annual Appreciation
4.54%
Original Mortgage
$417,000
Outstanding Balance
$318,105
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$654,701

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lee Custom Carpentry Llc
Bought by
Vandecorput Gregory S and Vandecorput Jill R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Vandecorput Gregory and Vandecorput Jill
Bought by
Lee Custom Carpentry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.67%
Mortgage Type
Seller Take Back
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
Buchan Christine L $589,900 Edina Realty Title Inc
Vandecorput Gregory S $508,318 Rochester Title
Lee Custom Carpentry Llc -- Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchan Christine L $417,000
Previous Owner Vandecorput Gregory S $359,650
Previous Owner Lee Custom Carpentry Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $589,900 0.0% $115 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $589,900 -- $115 / Sq Ft
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 $12,592 $832,800 $100,000 $732,800
2023 $10,716 $788,900 $80,000 $708,900
2022 $9,672 $772,800 $80,000 $692,800
2021 $8,890 $667,100 $80,000 $587,100
2020 $8,744 $619,800 $80,000 $539,800
2019 $8,084 $589,700 $80,000 $509,700
2018 $7,727 $554,200 $75,900 $478,300
2017 $7,626 $536,600 $75,900 $460,700
2016 $6,850 $518,900 $75,900 $443,000
2015 $6,446 $459,100 $75,900 $383,200
2014 $6,248 $459,100 $75,900 $383,200
2012 -- $455,000 $85,900 $369,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4633405

REALTOR® Association of Southern Minnesota

APN: 73.29.23.072993