NOT LISTED FOR SALE

5110 Southern Ridge Ln SW Rochester, MN 55902

Estimated Value: $501,819 - $541,000

4 Beds
3 Baths
2,700 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $305,000 $113 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,262/month

35 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Mayo Senior High School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of May 2014

Wooded walk-out ranch, almost new! 4 bedroom, 3 bath w/ a finished heated oversized 3 car garage! Main floor features an open design concept w/ hardwood floors in the kitchen/dining. Kitchen amenities include, stainless steel appliances, granite & upgraded cabinets w/ self closing drawers. Main floor laundry/mudroom, master suite w/ w/in closet, Private full bath. (see Supplement)

Last Agent to Sell the Property

Denel Ihde-Sparks

RE/MAX Results - Rochester Listed on: 04/10/2014

Last Buyer's Agent

Jim Miner

Plaza Realty of Rochester, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,626

Year Built

  • Built in 2012

Lot Details

  • 0.45 Acre Lot

Home Design

  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 643522065752

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,626

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.45
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 643522065752
  • Stories: 1 Story
  • Taxes With Assessments: 3626
  • Comp Dev Subdiv Name: Southern Woods
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: On Level: Main
  • Room 2: On Level: Basement
  • Room 3: On Level: Basement
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1350
  • Below Grade Finished Sq Ft: 1350
  • Total Fin Square Footage: 2700
  • Total Square Footage: 2700

Exterior Features

  • Frontage Road: City, Sidewalk
  • Construction Type: Poured Concrete
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: Irreg.

Building Info

  • Year Built: 2012

Tax Info

  • Year: 2014
  • Tax Value: 3626

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 30, 2014
Sold by
Cooksley Quentin L and Cooksley Ashley J
Bought by
Mehra Ajay K and Mehra Alka
Seller's Agent
Denel Ihde-Sparks
RE/MAX Results - Rochester
Buyer's Agent
Jim Miner
Plaza Realty of Rochester, Inc.
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Current Estimated Value
$517,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,205
Avg. Annual Appreciation
4.74%
Original Mortgage
$219,000
Outstanding Balance
$68,719
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$448,486

Purchase Details

Listed on
Sep 27, 2012
Closed on
Nov 30, 2012
Sold by
Reynolds Properties Of Rochester Llc
Bought by
Cooksley Quentin L and Cooksley Ashley J
Seller's Agent
Randy Reynolds
Elcor Realty of Rochester, Inc.
Buyer's Agent
Pamela Stead
Edina Realty Rochester
List Price
$289,900
Sold Price
$292,000
Premium/Discount to List
$2,100
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$277,400
Interest Rate
3.38%
Mortgage Type
New Conventional
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
Mehra Ajay K $305,000 Rochester Title & Escrow Co
Cooksley Quentin L $292,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehra Ajay K $219,000
Previous Owner Cooksley Quentin L $277,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2014 05/28/14 Sold $305,000 -4.7% $113 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $319,900 +9.6% $118 / Sq Ft
12/01/2012 12/01/12 Sold $292,000 +0.7% $108 / Sq Ft View Prior Sale
10/03/2012 10/03/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $289,900 -- $107 / 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 $6,336 $453,300 $60,000 $393,300
2023 $5,658 $449,300 $60,000 $389,300
2022 $4,960 $417,900 $60,000 $357,900
2021 $4,724 $364,300 $60,000 $304,300
2020 $4,846 $348,000 $60,000 $288,000
2019 $4,976 $343,000 $60,000 $283,000
2018 $4,892 $352,900 $65,000 $287,900
2017 $4,822 $350,000 $65,000 $285,000
2016 $4,296 $329,500 $63,700 $265,800
2015 $3,794 $286,400 $62,700 $223,700
2014 $3,626 $269,000 $62,200 $206,800
2012 -- $39,000 $39,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Denel Ihde-Sparks

    RE/MAX

  • J

    Buyer's Agent in 2014

    Jim Miner

    Plaza Realty of Rochester, Inc.

  • R

    Seller's Agent in 2012

    Randy Reynolds

    Elcor Realty of Rochester, Inc.

  • T

    Seller Co-Listing Agent in 2012

    Tami Timbeross

    Elcor Realty of Rochester, Inc.

  • P

    Buyer's Agent in 2012

    Pamela Stead

    Edina Realty Rochester

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4601435

REALTOR® Association of Southern Minnesota

APN: 64.35.22.065752

Minnesota Olmsted County Rochester 55902

5110 Southern Ridge Ln SW, Rochester, MN

This home is located at 5110 Southern Ridge Ln SW, Rochester, MN 55902 since 10 April 2014 and is currently estimated at $517,205, approximately $191 per square foot. This property was built in 2012. 5110 Southern Ridge Ln SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, Willow Creek Middle School, and Mayo Senior High School.

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