4318 Shetland Place NW Rochester, MN 55901
Northwest Neighborhood
5
Beds
3.5
Baths
3,599
Sq Ft
8,930
Sq Ft Lot
Highlights
- 1 Fireplace
- Stainless Steel Appliances
- 3 Car Attached Garage
- No HOA
- The kitchen features windows
- Forced Air Heating and Cooling System
About This Home
As of June 2025Move-in ready and packed with updates, this 5-bedroom, 4-bath home offers stunning city views and unbeatable convenience. Recent improvements include a new roof, siding, fresh paint, newer flooring, and appliances. An open-concept layout seamlessly connects the spacious living, dining, and kitchen areas — perfect for entertaining. The kitchen shines with stainless steel appliances, granite countertops, and ample cabinetry, while a dedicated office offers an ideal work-from-home setup. Upstairs, you'll find four large bedrooms all on one level, including a private master suite with a walk-in closet and spa-like bath. The fully finished walk-out basement adds even more space, complete with an additional bedroom and generous storage. Relax on the 16x16 deck and take in the city views, or enjoy the beautifully manicured yard with in-ground irrigation. An oversized 3-car garage offers plenty of room for vehicles and gear. Located just minutes from top schools, parks, and shopping, this home offers the perfect blend of style, space, and location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,028
Year Built
- Built in 2005
Lot Details
- 8,930 Sq Ft Lot
- Lot Dimensions are 72x125
Parking
- 3 Car Attached Garage
Interior Spaces
- 2-Story Property
- 1 Fireplace
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Schools
- George Gibbs Elementary School
- Dakota Middle School
- John Marshall High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- North Park 15Th Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 740813071753
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2025
Closed on
Jun 23, 2025
Sold by
Nadimpally Ravi K and Nadimpally Sridevi L
Bought by
Sinha Sharad and Saxena Rashmi
Seller's Agent
Matt Gove
Realty Growth Inc.
Buyer's Agent
Josh Mickelson
Re/Max Results
List Price
$549,900
Sold Price
$560,000
Premium/Discount to List
$10,100
1.84%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.85%
Original Mortgage
$504,000
Outstanding Balance
$500,502
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$51,220
Purchase Details
Closed on
Sep 10, 2010
Sold by
Sok Jolisa and Chan Hen
Bought by
Nadimpally Ravi K and Nadimpally Sridevi L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,680
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company
Purchase Details
Closed on
Jun 29, 2010
Sold by
Sok Jolisa and Chan Hen
Bought by
Mortgage Electronic Registration Systems
Purchase Details
Closed on
Nov 1, 2005
Sold by
Castlewood Homes Inc
Bought by
Solt Jolisa and Chan Hen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,980
Interest Rate
6.04%
Mortgage Type
Stand Alone Second
Similar Homes in Rochester, MN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $560,000 | Rochester Title | |
| Warranty Deed | $242,100 | Burnet Title Rochester | |
| Sheriffs Deed | -- | None Available | |
| Sheriffs Deed | $192,000 | None Available | |
| Warranty Deed | $324,900 | Rochester Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $504,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $216,600 | Credit Line Revolving | |
| Previous Owner | $167,000 | Commercial | |
| Previous Owner | $64,900 | Credit Line Revolving | |
| Previous Owner | $158,300 | New Conventional | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $77,500 | Credit Line Revolving | |
| Previous Owner | $193,680 | Purchase Money Mortgage | |
| Previous Owner | $91,000 | Credit Line Revolving | |
| Previous Owner | $64,980 | Stand Alone Second | |
| Previous Owner | $259,920 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $560,000 | +1.8% | $156 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 05/02/2025 05/02/25 | For Sale | $549,900 | -- | $153 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,028 | $482,200 | $45,000 | $437,200 |
| 2023 | $6,028 | $478,700 | $45,000 | $433,700 |
| 2022 | $5,934 | $467,600 | $45,000 | $422,600 |
| 2021 | $4,944 | $381,800 | $45,000 | $336,800 |
| 2020 | $5,112 | $362,800 | $45,000 | $317,800 |
| 2019 | $4,866 | $360,100 | $45,000 | $315,100 |
| 2018 | $4,748 | $345,700 | $45,000 | $300,700 |
| 2017 | $4,568 | $347,800 | $45,000 | $302,800 |
| 2016 | $4,086 | $311,900 | $43,800 | $268,100 |
| 2015 | $3,838 | $272,200 | $43,100 | $229,100 |
| 2014 | $3,704 | $272,200 | $43,100 | $229,100 |
| 2012 | -- | $267,000 | $43,049 | $223,951 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Gove
Seller's Agent in 2025
Matt Gove
Realty Growth Inc.
(507) 951-1147
3 in this area
54 Total Sales
-
Dylan Carty
Seller Co-Listing Agent in 2025
Dylan Carty
Realty Growth Management Inc.
(507) 272-8049
3 in this area
31 Total Sales
-
Josh Mickelson
Buyer's Agent in 2025
Josh Mickelson
RE/MAX
(507) 251-3545
16 in this area
238 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6711777
APN: 74.08.13.071753
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