NOT LISTED FOR SALE

244 River Highlands Ln NW Rochester, MN 55901

Estimated Value: $718,000 - $834,000

2.01 Acres
$390,055 Price per Acre
87,556 Sq Ft Lot

Last Sold July 17, 2013

Last sale price $80,000

Est. 880% increase in value since last sale

Current estimated payment $4,828/month

391 Days on Market

About This Lot

As of July 2013

Just 9 total walk-out lots available in River Highland subdivision. Open to all builders. This lot is adjacent to the green space for the subdivision and has a view of mature trees to the south. Lot 1, Block 1 is 2.01 acres in size. Bring the builder of your choice and build your dream home!

Last Agent to Sell the Property

The David & Lois Marris Team

RE/MAX Results - Rochester Listed on: 06/05/2012

Co-Listed By

Damon Doty

RE/MAX Results - Rochester

Last Buyer's Agent

Phillips Property Group

Edina Realty Rochester

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,144

Lot Details

  • 2.01 Acre Lot
  • 10 Lots in the community

HOA Fees

  • $25 Monthly HOA Fees

Community Details

  • Association fees include snow removal, lawn care

Property Details

Property Type

Land

Est. Annual Taxes

$8,144

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Estimated Number of Acres: 2.01
  • Maximum Acres: 7.92
  • Minimum Acres: 2.01
  • Plat Recorded: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Lawn Care
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 25

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 2.01Acres
  • Total Lots Available: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jul 11, 2013
Sold by
River Highlands Llc
Bought by
Grenz Chris and Grenz Karyn
Seller's Agent
The David & Lois Marris Team
RE/MAX Results - Rochester
Buyer's Agent
Phillips Property Group
Edina Realty Rochester
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Current Estimated Value
$784,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,011
Avg. Annual Appreciation
20.35%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Grenz Chris $80,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2013 07/17/13 Sold $80,000 -33.3% --
07/01/2013 07/01/13 Pending -- -- --
06/05/2012 06/05/12 For Sale $120,000 -- --
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 $8,144 $694,600 $150,000 $544,600
2023 $7,054 $674,400 $150,000 $524,400
2022 $6,730 $667,200 $120,000 $547,200
2021 $6,192 $588,500 $120,000 $468,500
2020 $6,154 $550,300 $120,000 $430,300
2019 $5,672 $517,900 $120,000 $397,900
2018 $5,315 $502,200 $120,000 $382,200
2017 $5,294 $463,900 $80,000 $383,900
2016 $5,448 $445,600 $80,000 $365,600
2015 $850 $449,800 $80,000 $369,800
2014 $474 $71,800 $71,800 $0
2012 -- $24,100 $24,100 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    The David & Lois Marris Team

    RE/MAX

  • D

    Seller Co-Listing Agent in 2013

    Damon Doty

    RE/MAX

  • P

    Buyer's Agent in 2013

    Phillips Property Group

    Edina Realty Rochester

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4282956

REALTOR® Association of Southern Minnesota

APN: 74.01.23.080197

Minnesota Olmsted County Rochester 55901

244 River Highlands Ln NW, Rochester, MN

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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