NOT LISTED FOR SALE

5031 Tower Ln NW Rochester, MN 55901

Estimated Value: $361,000 - $372,143

4 Beds
2 Baths
1,954 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 12, 2013

Last sale price $148,500 $76 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,275/month

22 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Fenced Yard
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of December 2013

Follow your heart to this residence in cul-de-sac setting. 4BR/2BA. The finished daylight basement offers expanded room possibilities for family members and guests. You will delight in a variety of additional features such as attached 2-car garage, main-level bedrooms, vaulted ceilings and kitchen appliances included. Here is a home with all sorts of values to commend it! Move in immediately.

Last Agent to Sell the Property

Roger Ihde

Homes Plus Realty Listed on: 10/14/2013

Co-Listed By

Luke A Ihde

Homes Plus Realty

Last Buyer's Agent

Jason Carey

RE/MAX Results - Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,998

Year Built

  • 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 741824067563

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,998

Year Built

2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Vaulted Ceilings
  • Amenities Exterior: Fenced Yard - Full
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Parcel Number: 741824067563
  • Taxes With Assessments: 2152
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Basement
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1054
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 1954
  • Total Square Footage: 2042

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Linderman Amanda
Bought by
Bias Heather and Bias Jeremy
Current Estimated Value
$366,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,245
Outstanding Balance
$294,494
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$71,542

Purchase Details

Listed on
Oct 14, 2013
Closed on
Nov 19, 2013
Sold by
The Secretary Of Veterans Affairs
Bought by
Linderman Amanda
Seller's Agent
Roger Ihde
Homes Plus Realty
Buyer's Agent
Jason Carey
RE/MAX Results - Rochester
List Price
$137,000
Sold Price
$148,500
Premium/Discount to List
$11,500
8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$141,075
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Everbank
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Apr 6, 2012
Sold by
Rogers Phillip S and Rogers Linda M
Bought by
Everbank
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
Bias Heather $315,000 Rochester Title & Escrow Co
Linderman Amanda $148,500 Home Title
The Secretary Of Veterans Affairs -- None Available
Everbank $127,788 None Available
Bias Heather Heather $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bias Heather $322,245
Previous Owner Linderman Amanda $86,000
Previous Owner Linderman Amanda $141,075
Closed Bias Heather Heather $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2013 12/12/13 Sold $148,500 +8.4% $76 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $137,000 -- $70 / 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 $3,998 $328,700 $60,000 $268,700
2023 $3,998 $324,400 $60,000 $264,400
2022 $3,100 $288,000 $40,000 $248,000
2021 $3,044 $238,900 $40,000 $198,900
2020 $3,088 $234,700 $40,000 $194,700
2019 $2,780 $229,300 $40,000 $189,300
2018 $2,508 $210,000 $40,000 $170,000
2017 $2,416 $197,200 $40,000 $157,200
2016 $2,276 $162,200 $35,500 $126,700
2015 $2,150 $149,400 $34,900 $114,500
2014 $2,072 $150,900 $35,000 $115,900
2012 -- $148,200 $34,850 $113,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4551378

REALTOR® Association of Southern Minnesota

APN: 74.18.24.067563