NOT LISTED FOR SALE

3282 Glenwood Rd SW Rochester, MN 55902

Estimated Value: $426,000 - $1,295,980

4.41 Acres
$195,236 Price per Acre
192,100 Sq Ft Lot

Last Sold October 10, 2023

Last sale price $270,000

Est. 219% increase in value since last sale

Current estimated payment $4,790/month

969 Days on Market

About This Lot

As of October 2023

Brand new SW acreage lots available in Mayowood Estates! Acreage's vary from 2 - 6 acres & you can choose from heavily wooded, partially wooded, open w/ views, walk-outs, day windows, & flat lots perfect for an in-ground pool. 11 cul-de-sac lots conveniently located off Bamber Valley Rd. Take the new entrance on Mayowood Estates Dr SW to what is sure to be Rochester's most desirable SW acreage development. Easy commute to Hwy 52 & downtown amenities including Mayo Clinic campus. Choose your lot now & take your time designing your dream home! 24 lots in Phase 1 - don't wait!

Last Agent to Sell the Property

Gary Schueller

Re/Max Results Listed on: 10/16/2020

Re/Max Results

Last Buyer's Agent

Melanie Ashbaugh

Re/Max Results

Re/Max Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $248

Lot Details

  • Lot Dimensions are 999x999x999x999
  • Building or Site Plan Approved

Schools

  • Bamber Valley Elementary School
  • Willow Creek Middle School
  • Mayo High School

Utilities

  • Shared Well

Community Details

  • No Home Owners Association
  • Mayowood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 642123085773

Property Details

Property Type

Land

Est. Annual Taxes

$248

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available, Natural Gas Available, Private Septic Available, Shared Well Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Rolling
  • Lot Size: 999x999x999x999
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 642123085773
  • Tax Annual Amount: 248
  • TaxWithAssessments: 248.0000

MLS Schools

  • Elementary School: Bamber Valley
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 6, 2023
Sold by
Clark Development
Bought by
Xiao Lekui and Nve Alex L
Seller's Agent
Gary Schueller
Re/Max Results
Buyer's Agent
Melanie Ashbaugh
Re/Max Results
List Price
$325,000
Sold Price
$270,000
Premium/Discount to List
-$55,000
-16.92%
Views
126
Current Estimated Value
$860,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,990
Avg. Annual Appreciation
76.07%
Original Mortgage
$216,000
Outstanding Balance
$77,211
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$783,779
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
Xiao Lekui $270,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Lekui $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $270,000 -1.8% --
06/12/2023 06/12/23 Pending -- -- --
02/07/2022 02/07/22 Price Changed $275,000 -15.4% --
10/16/2020 10/16/20 For Sale $325,000 -- --
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 $3,128 $295,000 $275,000 $20,000
2023 $1,572 $275,000 $275,000 $0
2022 $854 $275,000 $275,000 $0
2021 $248 $275,000 $275,000 $0
2020 $266 $29,900 $29,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5662283

NorthstarMLS

APN: 64.21.23.085773