NOT LISTED FOR SALE

5028 Millie Rd SW Rochester, MN 55902

Estimated Value: $286,070 - $1,415,000

2.01 Acres
$299,885 Price per Acre
87,556 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $260,000

Est. 132% increase in value since last sale

Current estimated payment $3,433/month

1,395 Days on Market

About This Lot

As of February 2024

Millie Meadow Estates, a haven of natural beauty, featuring an array of homesite opportunities ranging from walkout, daylight and flat lots. Each offering options for your living preference from fully wooded and private lots to open and serene countryside views and everything in between. Millie Meadow Estates has created a unique setting where individuals and families alike, can enjoy a lifestyle rooted in country living. Where residents enjoy manicured entrances, serpentine roadways, views of farm laden countryside and sunsets that are rare for others, but an every day occasion for home owners of Millie Meadow Estates.

Last Agent to Sell the Property

Rami Hansen

Edina Realty, Inc. Listed on: 03/24/2020

Edina Realty, Inc.

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,602

Lot Details

  • Lot Dimensions are 1x1x1x1
  • Irregular Lot

Schools

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

Utilities

  • Underground Utilities
  • Shared Well

Community Details

  • No Home Owners Association
  • Millie Meadow Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 643011084315

Property Details

Property Type

Land

Est. Annual Taxes

$2,602

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Subdivided
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Closed
  • Improvements: Paved Streets,Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements,Platted,Survey Stakes,Topographic Map

Utilities

  • Utilities: None Connected, Electricity Available, Private Septic Available, Shared Well Available, Underground Utilities 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: Walkout
  • Lot Size: 1x1x1x1
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 643011084315
  • Tax Annual Amount: 2602
  • TaxWithAssessments: 2602.0000

MLS Schools

  • Elementary School: Bamber Valley
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Feb 16, 2024
Sold by
Gmb Llc
Bought by
South 40 Inc
Seller's Agent
Rami Hansen
Edina Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$602,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,768
Avg. Annual Appreciation
66.98%

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jan 26, 2024
Sold by
South 40 Inc
Bought by
Chan Aaron and Chen Ying
Seller's Agent
Rami Hansen
Edina Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$260,000
Sold Price
$260,000
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
South 40 Inc $75,000 Rochester Title
Chan Aaron $260,000 Rochester Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $260,000 0.0% --
01/18/2024 01/18/24 Pending -- -- --
04/05/2022 04/05/22 For Sale $260,000 0.0% --
03/30/2022 03/30/22 Off Market $260,000 -- --
09/04/2020 09/04/20 Price Changed $260,000 +12999900.0% --
09/03/2020 09/03/20 Price Changed $2 -100.0% --
03/24/2020 03/24/20 For Sale $250,000 -- --
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 $2,842 $225,000 $225,000 $0
2023 $2,622 $225,000 $225,000 $0
2022 $2,634 $200,000 $200,000 $0
2021 $2,602 $200,000 $200,000 $0
2020 $2,760 $200,000 $200,000 $0
2019 $136 $200,000 $200,000 $0
2018 -- $15,600 $15,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5542749

NorthstarMLS

APN: 64.30.11.084315