NOT LISTED FOR SALE

2515 Crest Ln SW Rochester, MN 55902

Estimated Value: $1,553,000 - $1,730,000

5 Beds
7 Baths
8,684 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $1,400,000 $161 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,524/month

153 Days on Market

Highlights

  • Second Kitchen
  • RV Access or Parking
  • Property is near public transit
  • Mayo Senior High School Rated A-
  • Heated Floors
  • Vaulted Ceiling

About This Home

As of October 2014

Absolutely beautiful! All brick custom designed and built home with over 10,000 sq ft! Abundance of windows, every amenity you could hope for...all situated on a beautiful private wooded lot in Merrihills with City sewer and water

Last Agent to Sell the Property

Robin Gwaltney

RE/MAX Results - Rochester Listed on: 05/24/2014

RE/MAX Results - Rochester

Last Buyer's Agent

Nita Khosla

Edina Realty Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,804

Year Built

  • Built in 1997

Lot Details

  • 2.8 Acre Lot
  • Lot Dimensions are 261x300
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Home Security System

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Attached Garage
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Patio
  • Attached Grill
  • Porch

Utilities

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

Additional Features

  • Air Exchanger
  • Property is near public transit

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 641614053781

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,804

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Security System, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Wet Bar
  • Amenities Exterior: Balcony, Driveway - Concrete, Inground Sprinkler System, Invisible Fencing, Patio, Permanent Outdoor Grill, Porch, RV Parking
  • Estimated Number of Acres: 2.8
  • Mechanicals: Air to Air Exchange, Central Vacuum, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 641614053781
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 18804
  • Comp Dev Subdiv Name: Merrihills
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: 2nd Kitchen, Breakfast Bar, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Indoor Grill, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 1/2 Basement, Full Basement, Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Two Basement Baths, Upper Level Bath, Walk Thru
  • Total Bathrooms: 7
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 7
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 4: On Level: Main
  • Room 5: On Level: Basement
  • Room 6: On Level: Basement
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Room 14: On Level: Basement
  • Room 16: On Level: Basement
  • Basement Features: Finished
  • Basement Material: Poured Concrete
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 5832
  • Below Grade Finished Sq Ft: 2852
  • Total Fin Square Footage: 8684
  • Total Square Footage: 10103

Exterior Features

  • Frontage Road: City
  • Construction Type: Poured Concrete
  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 261x300
  • Lot/Land Description: Cul De Sac, Irregular Lot, Landscaped, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2013
  • Tax Value: 18804

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Wilson Michael and Wilson Niloufar Tabatabael
Bought by
Olen Lauren K and Olen Michael P
Current Estimated Value
$1,648,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,084,322
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$564,110

Purchase Details

Closed on
Dec 9, 2016
Sold by
Wong Danny F
Bought by
Wilson Michael and Wilson Niloufar Tabatabaei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2014
Closed on
Oct 28, 2014
Sold by
Shives Kula P and Shives Thomas C
Bought by
Wong Danny F
Seller's Agent
Robin Gwaltney
RE/MAX Results - Rochester
Buyer's Agent
Nita Khosla
Edina Realty Rochester
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Shives Thomas C and Shives Kula P
Bought by
Shives Kula P and Shives Thomas C
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
Olen Lauren K $1,200,000 Results Title
Wilson Michael $1,150,000 Title Services Inc
Wong Danny F $1,400,000 Home Title Inc
Shives Kula P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olen Lauren K $1,200,000
Previous Owner Wilson Michael $1,035,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $1,400,000 -12.5% $161 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $1,600,000 -- $184 / 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 $22,546 $1,422,400 $60,000 $1,362,400
2023 $20,392 $1,421,400 $50,000 $1,371,400
2022 $18,562 $1,292,700 $50,000 $1,242,700
2021 $21,616 $1,282,000 $50,000 $1,232,000
2020 $23,704 $1,381,700 $50,000 $1,331,700
2019 $23,480 $1,447,700 $50,000 $1,397,700
2018 $23,074 $1,443,500 $48,100 $1,395,400
2017 $22,872 $1,423,700 $48,100 $1,375,600
2016 $18,918 $1,383,600 $48,100 $1,335,500
2015 $17,550 $1,132,700 $48,100 $1,084,600
2014 $17,332 $1,111,900 $48,100 $1,063,800
2012 -- $1,116,500 $46,800 $1,069,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robin Gwaltney

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2014

    Nita Khosla

    Edina Realty Rochester

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4624104

REALTOR® Association of Southern Minnesota

APN: 64.16.14.053781

Minnesota Olmsted County Rochester 55902

2515 Crest Ln SW, Rochester, MN

This home is located at 2515 Crest Ln SW, Rochester, MN 55902 since 24 May 2014 and is currently estimated at $1,648,432, approximately $189 per square foot. This property was built in 1997. 2515 Crest Ln SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

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