NOT LISTED FOR SALE

3772 Mayo Lake Rd SW Rochester, MN 55902

Estimated Value: $1,898,786 - $2,051,000

6 Beds
6.5 Baths
5,747 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $1,900,000 $331 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,712/month

90 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Multiple Garages
  • Mayo Senior High School Rated A-
  • Second Kitchen
  • Radiant Floor

About This Home

As of April 2024

Absolutely stunning Cape Cod inspired two story on highly sought-after Mayo Lake! 6 Bedroom, 7 Bath, 6124K Square Foot on almost a half-acre lot with roughly 150’ of shoreline. Relax on your screened-in porch, enjoy cooking in your chefs kitchen complete with Wolf range and high-end appliances, hide the mess in your hidden walk-in pantry, and take in picturesque views of the lake from every angle. There is a full secondary kitchen in the basement perfect for hosting a dinner party outside on the new oversized custom paver patio, long-term guests, or hosting game nights. Unwind in your private hot tub just off of the primary suite. There is something for everyone to enjoy. No details were spared in this beautiful custom home!

Last Agent to Sell the Property

Lee Fleming

Edina Realty, Inc. Listed on: 12/08/2023

Edina Realty, Inc.

Co-Listed By

Emily Fleming

Edina Realty, Inc.

Last Buyer's Agent

Adam Howell

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,218

Year Built

  • Built in 2014

Lot Details

  • 0.41 Acre Lot
  • Lake Front

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Driveway

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Radiant Floor
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Second Kitchen
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Beach Access

Schools

  • Bamber Valley Elementary School
  • John Adams Middle School
  • Mayo High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Association fees include shared amenities
  • Reflections On Mayo Lake Association, Phone Number (507) 000-0000
  • Reflections On Mayo Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640814079633

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,218

Year Built

Built in 2014

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 3506
  • Water Body Name: Mayo Pond
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Gas
  • Living Area: 5747
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2241
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Great Room, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Kitchen- 2nd, Family Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • View: Lake
  • PatioPorchType: Deck,Patio,Porch,Rear Porch,Screened
  • Lake Acres: 28
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Heated Garage, Multiple Garages
  • Garage Square Feet: 1518

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Phone: 507-000-0000
  • Association Fee: 1800
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Hot Tub,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Porch,Panoramic View,Security System,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Reflections on Mayo Lake

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irreg
  • Lot Size Sq Ft: 17685.36
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 640814079633
  • Tax Annual Amount: 18218
  • TaxWithAssessments: 18218.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

MLS Schools

  • Elementary School: Bamber Valley
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Apr 18, 2024
Sold by
Bowman Mavis
Bought by
Welch Brian T and Welch Tasha L
Seller's Agent
Lee Fleming
Edina Realty, Inc.
Buyer's Agent
Adam Howell
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%
Views
152
Current Estimated Value
$1,965,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,929
Avg. Annual Appreciation
2.25%
Original Mortgage
$900,000
Outstanding Balance
$846,172
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$1,119,757

Purchase Details

Closed on
Aug 16, 2013
Sold by
Cpdc Rochester Development Inc
Bought by
Bowman Mavis
Source: Public Records

Range of Values:

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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
Welch Brian T $1,900,000 Edina Realty Title
Bowman Mavis $219,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Brian T $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $1,900,000 -4.8% $331 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $1,995,000 -- $347 / 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 $27,026 $1,688,700 $250,000 $1,438,700
2023 $22,474 $1,557,500 $225,000 $1,332,500
2022 $18,518 $1,289,800 $225,000 $1,064,800
2021 $16,832 $1,178,300 $225,000 $953,300
2020 $17,256 $1,095,300 $225,000 $870,300
2019 $16,096 $1,077,900 $225,000 $852,900
2018 $15,835 $1,017,000 $175,000 $842,000
2017 $15,868 $994,500 $175,000 $819,500
2016 $17,314 $986,400 $175,000 $811,400
2015 $1,506 $1,044,100 $175,000 $869,100
2014 $658 $175,000 $175,000 $0
2012 -- $57,800 $57,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6435524

NorthstarMLS

APN: 64.08.14.079633