722 Northern Heights Dr NE Rochester, MN 55906
5
Beds
3
Baths
3,390
Sq Ft
9,757
Sq Ft Lot
Highlights
- Deck
- No HOA
- 2 Car Attached Garage
- Churchill Elementary School Rated A-
- Porch
- 4-minute walk to Northern Heights Park
About This Home
As of May 2025STEP INSIDE and be amazed by the spaciousness of this charming 5-bedroom, 3-bath, 2-story home in the desirable Northern Heights neighborhood! The massive living room is perfect for entertaining, featuring stunning hardwood floors and a cozy wood-burning fireplace. The kitchen is equipped with granite countertops and flows seamlessly into a large main-floor family room addition, complete with built-in shelving and cabinetry. You'll also enjoy the private sunroom—ideal for relaxing or hosting guests. Upstairs, you'll find four generously sized bedrooms, including a primary suite with its own attached 3/4 bath. Located within walking distance of parks and schools, and just minutes from downtown, this home offers both comfort and convenience. With repairs and a little sweat equity, this property presents a fantastic opportunity to build instant value. Come see the potential and make this inviting home the start of your next chapter!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,108
Year Built
- Built in 1963
Parking
- 2 Car Attached Garage
Interior Spaces
- 3,390 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room
- Basement
- Drainage System
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Schools
- Churchill-Hoover Elementary School
- Kellogg Middle School
- Century High School
Additional Features
- 9,757 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Northern Heights 2Nd Subdivision
Listing and Financial Details
- Assessor Parcel Number 742524016511
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2025
Closed on
May 27, 2025
Sold by
Sloan James F and Sloan Judith H
Bought by
Pike Design And Construction Inc
Seller's Agent
Krisanne Nelson
Edina Realty, Inc.
Buyer's Agent
Thomas Meilander
Edina Realty, Inc.
List Price
$339,000
Sold Price
$280,000
Premium/Discount to List
-$59,000
-17.4%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.36%
Original Mortgage
$210,000
Outstanding Balance
$175,983
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$129,654
Similar Homes in Rochester, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,000 | Rochester Title & Escrow Compa |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $210,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $280,000 | -6.4% | $83 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Price Changed | $299,000 | -11.8% | $88 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $339,000 | -- | $100 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,108 | $375,600 | $45,000 | $330,600 |
| 2023 | $4,368 | $351,600 | $45,000 | $306,600 |
| 2022 | $4,284 | $366,000 | $45,000 | $321,000 |
| 2021 | $3,876 | $318,800 | $45,000 | $273,800 |
| 2020 | $3,876 | $290,900 | $45,000 | $245,900 |
| 2019 | $3,692 | $280,200 | $22,100 | $258,100 |
| 2018 | $3,170 | $269,400 | $22,100 | $247,300 |
| 2017 | $3,170 | $239,500 | $22,100 | $217,400 |
| 2016 | $3,366 | $214,600 | $20,500 | $194,100 |
| 2015 | $3,158 | $223,300 | $20,600 | $202,700 |
| 2014 | $3,066 | $223,300 | $20,600 | $202,700 |
| 2012 | -- | $220,500 | $20,605 | $199,895 |
Source: Public Records
Agents Affiliated with this Home
-
Krisanne Nelson
Seller's Agent in 2025
Krisanne Nelson
Edina Realty, Inc.
(507) 208-2726
97 Total Sales
-
Thomas Meilander
Buyer's Agent in 2025
Thomas Meilander
Edina Realty, Inc.
(507) 254-2259
132 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6711795
APN: 74.25.24.016511
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