NOT LISTED FOR SALE

5433 55th Ave NW Rochester, MN 55901

Wedgewood Hills Neighborhood

Estimated Value: $365,000 - $412,000

2 Beds
2 Baths
1,314 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $152,000 $116 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,381/month

Highlights

  • 3 Car Attached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

Located 1 block from the new George Gibbs Elementary School and close to Douglas Trail. Master bedroom offers a private full master bath. Basement is ready to be finished with 2 additional bathrooms, a full bath and family room.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,564

Year Built

  • 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 68x127

Parking

  • 3 Car Attached Garage

Home Design

  • 1,314 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

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

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 741812072221

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,564

Year Built

2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Parcel Number: 741812072221
  • Range: 14.00
  • Section: 18.00
  • Twp Number: 107.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath, Private Master
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 5: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Room 15: On Level: Main
  • Basement Features: Egress Windows, Unfinished
  • Basement Material: Wood
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1314
  • Total Fin Square Footage: 1314
  • Total Square Footage: 2550

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 68x127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 11, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Olson Kelly E
List Price
$135,000
Sold Price
$152,000
Premium/Discount to List
$17,000
12.59%
Current Estimated Value
$382,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,291
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Aug 22, 2011
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 8, 2011
Sold by
Laabs Alan R and Laabs Kathy J
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 21, 2005
Sold by
Lurken Leslie and Lurken Raegen
Bought by
Laabs Alan R and Laabs Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
6.34%
Mortgage Type
FHA
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
Olson Kelly E -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Gmac Mortgage Llc $198,711 None Available
Laabs Alan R $200,000 Executive Title Of Rochester
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laabs Alan R $196,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $152,000 +12.6% $116 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $135,000 -- $103 / 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 $4,564 $339,400 $60,000 $279,400
2023 $3,808 $310,400 $40,000 $270,400
2022 $3,668 $324,700 $40,000 $284,700
2021 $3,558 $277,200 $40,000 $237,200
2020 $3,646 $269,300 $40,000 $229,300
2019 $3,418 $265,300 $40,000 $225,300
2018 $3,076 $251,600 $40,000 $211,600
2017 $2,960 $235,400 $40,000 $195,400
2016 $2,660 $200,000 $36,800 $163,200
2015 $2,492 $175,500 $36,000 $139,500
2014 $2,430 $175,500 $36,000 $139,500
2012 -- $174,200 $35,918 $138,282
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4180973

REALTOR® Association of Southern Minnesota

APN: 74.18.12.072221

Minnesota Olmsted County Rochester 55901 Wedgewood Hills

5433 55th Ave NW, Rochester, MN

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