NOT LISTED FOR SALE

2550 Parkhill Ln SW Rochester, MN 55902

Estimated Value: $374,000 - $447,673

4 Beds
2.5 Baths
2,611 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $435,000 $167 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,652/month

12 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Mayo Senior High School Rated A-
  • 2 Car Attached Garage

About This Home

As of May 2024

You are going to love this two story updated house that sits on a huge private beautiful lot, at the very end of a cul de sac. New flooring throughout, new master bath shower, & kitchen has been updated with granite countertops and new appliances. New shakes, brick, AC, garage door and roof in 2023 makes this home move in ready. It is also conveniently located close to stores and a park. Call for a private showing.

Last Agent to Sell the Property

Dave Edwards

Dwell Realty Group LLC Listed on: 03/01/2024

Last Buyer's Agent

Branton Walker

Dwell Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1998

Lot Details

  • 0.42

Parking

  • 2 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Ben Franklin Elementary School
  • Willow Creek Middle School
  • Mayo High School

Additional Features

  • 0.42 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Meadow Hills South Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 641431050186

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,282

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1790
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 26x34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2611
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 821
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 572

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Porch

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Willow Creek
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 18295.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 641431050186
  • Tax Annual Amount: 4282
  • TaxWithAssessments: 4282.0000

MLS Schools

  • Elementary School: Ben Franklin
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 1, 2024
Sold by
Edwards David and Edwards Kristine
Bought by
Svverson Adam
Seller's Agent
Dave Edwards
Dwell Realty Group LLC
Buyer's Agent
Branton Walker
Dwell Realty Group LLC
List Price
$435,000
Sold Price
$435,000
Views
68
Current Estimated Value
$416,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,082
Avg. Annual Appreciation
-0.17%
Original Mortgage
$391,500
Outstanding Balance
$386,669
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$47,356
Source: Public Records

Range of Values:

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Average Value
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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
Svverson Adam $435,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svverson Adam $391,500
Previous Owner Edwards David J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $435,000 0.0% $167 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $435,000 -- $167 / Sq Ft
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 $4,616 $372,300 $50,000 $322,300
2023 $4,616 $369,800 $50,000 $319,800
2022 $4,282 $343,000 $50,000 $293,000
2021 $3,568 $288,400 $40,000 $248,400
2020 $3,510 $270,000 $40,000 $230,000
2019 $3,374 $256,500 $35,000 $221,500
2018 $3,147 $248,700 $35,000 $213,700
2017 $3,052 $238,800 $34,200 $204,600
2016 $2,946 $206,500 $31,600 $174,900
2015 $2,710 $194,900 $31,300 $163,600
2014 $2,634 $191,200 $31,200 $160,000
2012 -- $191,000 $31,195 $159,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6496768

NorthstarMLS

APN: 64.14.31.050186