NOT LISTED FOR SALE

2420 Crest Ln SW Rochester, MN 55902

Estimated Value: $354,919 - $366,000

3.48 Acres
$103,441 Price per Acre
151,589 Sq Ft Lot

Last Sold April 11, 2024

Last sale price $338,000

Est. 7% increase in value since last sale

Current estimated payment $2,066/month

252 Days on Market

About This Lot

As of April 2024

Wooded 3.5 acre SW lot available in Merrihills neighborhood! Close to downtown, but offers desired privacy. In a beautiful established neighborhood with mid-century modern homes, this prized location offers flexibility without neighborhood-typical restrictions. Lot has been surveyed. Architectural designs for a luxury estate have been completed. (Ask for details!) Here's your chance to build your dream home!

Last Agent to Sell the Property

Denel Ihde Sparks

Re/Max Results Listed on: 08/01/2023

Re/Max Results

Last Buyer's Agent

Tyler Johnson

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,672

Lot Details

Community Details

  • No Home Owners Association
  • Merrihills Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 641523062715

Property Details

Property Type

Land

Est. Annual Taxes

$1,672

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Utilities

  • Utilities: None Connected, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Rochester
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Topography: Wooded
  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 641523062715
  • Tax Annual Amount: 1672
  • TaxWithAssessments: 1672.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Williams Susan Claire
Bought by
Williams Gerald D
Current Estimated Value
$359,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,197,017
Outstanding Balance
$1,050,247
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$690,274

Purchase Details

Listed on
Aug 1, 2023
Closed on
Apr 11, 2024
Sold by
Morrison Jonathan and Chasan Lauren
Bought by
Williams Gerald and Williams Susan
Seller's Agent
Denel Ihde Sparks
Re/Max Results
Buyer's Agent
Tyler Johnson
Edina Realty, Inc.
List Price
$324,900
Sold Price
$338,000
Premium/Discount to List
$13,100
4.03%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Jun 27, 2022
Sold by
Stickler George and Lovaas Kati
Bought by
Morrison Jonathan and Chasan Lauren

Purchase Details

Closed on
Feb 28, 2012
Sold by
Wells Fargo Bank Na
Bought by
Stickler George and Lovaas Kati

Purchase Details

Closed on
Jun 12, 2007
Sold by
Stanley Edward T and Stanley Elizabeth L
Bought by
Stanley Elizabeth L and Stanley Edward T
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
Williams Gerald D -- --
Williams Gerald $338,000 Rochester Title & Escrow Compa
Morrison Jonathan $324,900 --
Stickler George -- None Available
Stanley Elizabeth L -- Rochester Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Gerald D $1,197,017
Previous Owner Morrison Jonathan $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2024 04/11/24 Sold $338,000 -1.4% --
04/09/2024 04/09/24 Pending -- -- --
08/02/2023 08/02/23 Price Changed $342,900 +5.5% --
08/01/2023 08/01/23 For Sale $324,900 -- --
Source: NorthstarMLS

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 $2,136 $125,000 $125,000 $0
2023 $1,912 $125,000 $125,000 $0
2022 $2,015 $125,000 $125,000 $0
2021 $1,670 $100,000 $100,000 $0
2020 $1,744 $100,000 $100,000 $0
2019 $840 $100,000 $100,000 $0
2018 $849 $48,500 $48,500 $0
2017 $854 $48,500 $48,500 $0
2016 $878 $48,500 $48,500 $0
2015 $834 $48,500 $48,500 $0
2014 $413 $48,500 $48,500 $0
2012 -- $48,500 $48,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6409359

NorthstarMLS

APN: 64.15.23.062715