NOT LISTED FOR SALE

5083 Tower Ln NW Rochester, MN 55901

Estimated Value: $368,000 - $381,000

4 Beds
2 Baths
1,943 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $192,900 $99 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,319/month

7 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Cul-De-Sac
  • Vaulted Ceiling
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of August 2014

Absolutely beautiful 4 bdrm, 2 bath home with flat, fenced yard on cul-de-sac. Step inside and immediately feel the care and attention given this home, from the brand new roof to the updated appliances to the fabulous decorating, this home is truly move-in ready. Enjoy summer evenings on the deck overlooking the large backyard. The storage shed is perfect for storing off season items. Lovely!

Last Agent to Sell the Property

Greg Hostetter

RE/MAX Results - Rochester Listed on: 07/22/2014

Last Buyer's Agent

Carrie Klassen

RE/MAX Results - Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,280

Year Built

  • 2003

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 58x161
  • Cul-De-Sac
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 741824067559

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,280

Year Built

2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Kitchen Center Island, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 2072
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 741824067559
  • Taxes With Assessments: 2072
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Dining Room: Breakfast Nook, Combine with 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 2: On Level: Main
  • Room 3: On Level: Lower
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 11: On Level: Lower
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1054
  • Below Grade Finished Sq Ft: 889
  • Total Fin Square Footage: 1943
  • Total Square Footage: 2042

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Brick, Vinyl
  • Out Buildings: Storage Shed

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: 58x161
  • Lot/Land Description: Cul De Sac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Aug 27, 2014
Sold by
Johnson David P and Johnson Michelle A
Bought by
Flaig Thomas M and Flaig Krista M
Seller's Agent
Greg Hostetter
RE/MAX Results - Rochester
Buyer's Agent
Carrie Klassen
RE/MAX Results - Rochester
List Price
$192,900
Sold Price
$192,900
Current Estimated Value
$374,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,209
Avg. Annual Appreciation
6.10%
Original Mortgage
$183,255
Outstanding Balance
$140,138
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$233,971

Purchase Details

Closed on
Nov 16, 2007
Sold by
Exley Carrie and Exley Scott W
Bought by
Johnson David P and Johnson Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,900
Interest Rate
6.47%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Flaig Thomas M $192,900 Rochester Title & Escrow Co
Johnson David P $184,900 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaig Thomas M $183,255
Previous Owner Johnson David P $184,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $192,900 0.0% $99 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $192,900 -- $99 / 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 $4,280 $320,500 $60,000 $260,500
2023 $3,890 $316,400 $60,000 $256,400
2022 $3,104 $281,700 $40,000 $241,700
2021 $3,046 $239,100 $40,000 $199,100
2020 $3,090 $234,900 $40,000 $194,900
2019 $2,772 $229,400 $40,000 $189,400
2018 $2,499 $209,600 $40,000 $169,600
2017 $2,406 $196,800 $40,000 $156,800
2016 $2,266 $161,600 $35,400 $126,200
2015 $2,140 $148,800 $34,900 $113,900
2014 $1,036 $150,300 $34,900 $115,400
2012 -- $148,300 $34,853 $113,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4651227

REALTOR® Association of Southern Minnesota

APN: 74.18.24.067559