NOT LISTED FOR SALE

5840 Summit Ln NE Rochester, MN 55906

Estimated Value: $923,000 - $1,047,000

5 Beds
3.5 Baths
5,660 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $490,000 $87 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,963/month

29 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Whirlpool Bathtub
  • Century Senior High School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2014

Located on 3 peaceful, professionally landscaped acres in Hawthorn Hill, this custom designed, one owner, 2-story has an open floor plan with wonderful sun-filled living spaces. Enjoy a formal living room with captains ceilings, great working kitchen with granite countertops, center island with a second oven and informal dining area, family room with brick gas fireplace. See supplement.

Last Agent to Sell the Property

Barbara Banner

Edina Realty Rochester Listed on: 05/06/2014

Last Buyer's Agent

Adam Howell

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,768

Year Built

  • Built in 1993

Lot Details

  • 3 Acre Lot
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Steel Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 730742045696

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,768

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Walk-In Closet
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 3
  • Construction: Previously Owned
  • Mechanicals: Central Vacuum, Furnace Humidifier, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 730742045696
  • Property Adjoins Public Land: Yes
  • Range: 13.00
  • Room 18: On Level: Second Floor
  • Section: 7.00
  • Stories: 2 Story
  • Twp Number: 107.00
  • Comp Dev Subdiv Name: Hawthorn Hill
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen, Formal Dining Room, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Second Floor
  • Room 15: On Level: Basement
  • Room 19: On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3805
  • Below Grade Finished Sq Ft: 1855
  • Total Fin Square Footage: 5660
  • Total Square Footage: 5720

Exterior Features

  • Soil Type: Clay
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: Irreg
  • Lot/Land Description: Landscaped, Tree Coverage - Medium

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2014
  • Tax Value: 4768

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2015
Sold by
Jung Tomas R and Jung Amy C
Bought by
Licatino Michael R and Licatino Lauren K
Current Estimated Value
$987,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$327,298
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$659,783

Purchase Details

Listed on
May 6, 2014
Closed on
Jun 17, 2014
Sold by
Tulledge Scheitel Sidna M and Scheitel Mark A
Bought by
Jung Tomas R and Jung Amy C
Seller's Agent
Barbara Banner
Edina Realty Rochester
Buyer's Agent
Adam Howell
Coldwell Banker Burnet
List Price
$529,000
Sold Price
$490,000
Premium/Discount to List
-$39,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$359,000
Interest Rate
4.18%
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
Licatino Michael R $700,000 Burnet Title
Jung Tomas R $499,106 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Licatino Michael R $417,000
Previous Owner Jung Tomas R $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2014 06/19/14 Sold $490,000 -7.4% $87 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $529,000 -- $93 / 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 $9,246 $868,600 $130,000 $738,600
2023 $9,202 $958,200 $130,000 $828,200
2022 $8,226 $869,500 $130,000 $739,500
2021 $7,690 $769,300 $130,000 $639,300
2020 $7,698 $730,600 $85,000 $645,600
2019 $7,268 $690,700 $85,000 $605,700
2018 $6,294 $664,600 $85,000 $579,600
2017 $6,180 $582,500 $85,000 $497,500
2016 $5,336 $554,300 $85,000 $469,300
2015 $2,474 $469,400 $85,000 $384,400
2014 $4,768 $462,300 $85,000 $377,300
2012 -- $452,700 $85,000 $367,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barbara Banner

    Edina Realty Rochester

  • A

    Buyer's Agent in 2014

    Adam Howell

    Coldwell Banker Burnet

  • S

    Buyer Co-Listing Agent in 2014

    Shawn Buryska

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4613062

REALTOR® Association of Southern Minnesota

APN: 73.07.42.045696

Minnesota Olmsted County Rochester 55906

5840 Summit Ln NE, Rochester, MN

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