NOT LISTED FOR SALE

3814 Patio Ln SW Rochester, MN 55902

Estimated Value: $679,000 - $763,000

3 Beds
3 Baths
2,590 Sq Ft
$125/mo HOA Fee

Last Sold November 25, 2013

Last sale price $420,000 $162 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,564/month

59 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Formal Dining Room
  • Mayo Senior High School Rated A-
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of November 2013

Overlooking the pond on a quiet cul-de-sac in popular Meadow Lakes, this sophisticated, absolutely gorgeous 3 bedroom, 3 bath townhome will impress you with its attention to detail, use of materials and the high-end finishes throughout. You will love the open floor plan with tall ceilings, expansive windows and expanded great room. See supplement.

Last Agent to Sell the Property

Barbara Banner

Edina Realty Rochester Listed on: 08/05/2013

Last Buyer's Agent

Jolene Dosdall

Property Brokers of Minnesota, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 2010

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Few Trees

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 2,590 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Association fees include shared amenities, snow removal, trash, lawn care

Listing and Financial Details

  • Assessor Parcel Number 640514078801

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,870

Year Built

Built in 2010

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Kitchen Center Island, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System, Patio, Porch
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 640514078801
  • Range: 14.00
  • Section: 5.00
  • Stories: 1 Story
  • Twp Number: 106.00
  • Comp Dev Subdiv Name: Patio Homes of Meadow Lakes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Breakfast Bar, Formal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor 3/4 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 2: Bedroom, 13x12, On Level: Main
  • Room 3: Bedroom, 13x12, On Level: Second Floor
  • Room 5: Dining Room, 12x12, On Level: Main
  • Room 8: Great Room, 16x29, On Level: Main
  • Room 9: Kitchen, 12x11, On Level: Main
  • Room 10: On Level: Second Floor
  • Room 11: On Level: Main
  • Room 13: Master Bedroom, 13x16, On Level: Main
  • Room 17: On Level: Second Floor
  • Finished Above Grade Sq Ft: 2590
  • Total Fin Square Footage: 2590
  • Total Square Footage: 2590

Exterior Features

  • Frontage Road: Private
  • Soil Type: Clay
  • Construction Type: Frame/Wood
  • Exterior: Cement Board

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities, Snow Removal, Trash, Lawn Care
  • Association Fee Frequency: Quarterly
  • Association Fee: Yes
  • Association Fee: 375

Lot Info

  • Estimated Lot Dimensions: common
  • Lot/Land Description: Cul De Sac, Landscaped, Tree Coverage - Light

Building Info

  • Year Built: 2010

Tax Info

  • Year: 2013
  • Tax Value: 4870

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2014
Sold by
Fleetman Thomas Daniel
Bought by
King Rebecca Leigh
Current Estimated Value
$714,017

Purchase Details

Listed on
Aug 5, 2013
Closed on
Nov 25, 2013
Sold by
Macken Patrick
Bought by
King Rebecca and Fleetman Thomas D
Seller's Agent
Barbara Banner
Edina Realty Rochester
Buyer's Agent
Jolene Dosdall
Property Brokers of Minnesota, Inc.
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$399,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Meadow Lakes Builders Of Rochester Llc
Bought by
Macken Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
King Rebecca Leigh -- None Available
King Rebecca $420,000 Rochester Title & Escrow
Macken Patrick $375,000 Rochester Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Rebecca $399,000
Previous Owner Macken Patrick $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2013 11/25/13 Sold $420,000 -4.5% $162 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $440,000 -- $170 / 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 $8,200 $569,900 $70,000 $499,900
2023 $7,198 $558,900 $70,000 $488,900
2022 $6,750 $526,300 $70,000 $456,300
2021 $6,072 $454,300 $70,000 $384,300
2020 $5,954 $440,800 $70,000 $370,800
2019 $5,756 $414,600 $60,000 $354,600
2018 $5,454 $403,600 $60,000 $343,600
2017 $5,256 $394,500 $60,000 $334,500
2016 $5,042 $359,700 $59,300 $300,400
2015 $4,742 $337,000 $58,900 $278,100
2014 $4,710 $337,000 $58,900 $278,100
2012 -- $340,500 $60,000 $280,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Barbara Banner

    Edina Realty Rochester

  • J

    Buyer's Agent in 2013

    Jolene Dosdall

    Property Brokers of Minnesota, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4516278

REALTOR® Association of Southern Minnesota

APN: 64.05.14.078801

Minnesota Olmsted County Rochester 55902

3814 Patio Ln SW, 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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