4962 Bishop Ln NW Rochester, MN 55901
Estimated Value: $460,000 - $545,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                2,522
                Sq Ft
            
            
                
                    $198/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 4962 Bishop Ln NW, Rochester, MN 55901 and is currently estimated at $498,225, approximately $197 per square foot. 4962 Bishop Ln NW is a home with nearby schools including George W. Gibbs Elementary School, John Marshall Senior High School, and Rochester Beacon Academy.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 17, 2012
            
        
                Sold by
            
            
                Forliti Andrew and Forliti Nicole
            
        
                Bought by
            
            
                Forliti Andrew and Forliti Nicole
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $184,500
            
        
                Outstanding Balance
            
            
                $127,467
            
        
                Interest Rate
            
            
                3.31%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $370,758
            
        Purchase Details
                Closed on
            
            
                Oct 7, 2010
            
        
                Sold by
            
            
                Joel Bigelow & Sons Enterprises Inc
            
        
                Bought by
            
            
                Forliti Andrew
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Forliti Andrew | -- | None Available | |
| Forliti Andrew | $40,500 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Forliti Andrew | $184,500 | 
                Source: Public Records
            
        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 | $6,878 | $493,700 | $60,000 | $433,700 | 
| 2023 | $6,206 | $492,700 | $60,000 | $432,700 | 
| 2022 | $5,624 | $493,300 | $40,000 | $453,300 | 
| 2021 | $5,388 | $409,200 | $40,000 | $369,200 | 
| 2020 | $5,554 | $392,800 | $40,000 | $352,800 | 
| 2019 | $5,312 | $388,700 | $40,000 | $348,700 | 
| 2018 | $4,817 | $374,700 | $40,000 | $334,700 | 
| 2017 | $4,630 | $352,600 | $40,000 | $312,600 | 
| 2016 | $4,206 | $316,100 | $39,000 | $277,100 | 
| 2015 | $3,896 | $280,400 | $38,500 | $241,900 | 
| 2014 | $3,482 | $276,300 | $38,400 | $237,900 | 
| 2012 | -- | $250,738 | $37,962 | $212,776 | 
                Source: Public Records
                    
            
        Map
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