848 Diamond Ridge Ln NW Rochester, MN 55901
The Manor NeighborhoodEstimated Value: $335,000 - $350,016
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,096
                Sq Ft
            
            
                
                    $315/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 848 Diamond Ridge Ln NW, Rochester, MN 55901 and is currently estimated at $344,754, approximately $314 per square foot. 848 Diamond Ridge Ln NW is a home located in Olmsted County with nearby schools including Bishop Elementary School, John Adams Middle School, and John Marshall Senior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 26, 2016
            
        
                Sold by
            
            
                Timmerman Lee M and Timmerman Elizabeth
            
        
                Bought by
            
            
                Gustafson Mikaela R
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $156,320
            
        
                Outstanding Balance
            
            
                $124,494
            
        
                Interest Rate
            
            
                3.59%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $220,260
            
        Purchase Details
                Closed on
            
            
                Aug 31, 2011
            
        
                Sold by
            
            
                Allers Angela A and Zars Douglas
            
        
                Bought by
            
            
                Timmerman Lee M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $146,400
            
        
                Interest Rate
            
            
                4.59%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Gustafson Mikaela R | $195,400 | Rochester Title & Escrow Co | |
| Timmerman Lee M | $151,000 | Title Services Inc | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Gustafson Mikaela R | $156,320 | |
| Previous Owner | Timmerman Lee M | $146,400 | 
                Source: Public Records
            
        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 | $4,184 | $314,200 | $50,000 | $264,200 | 
| 2023 | $3,572 | $293,000 | $50,000 | $243,000 | 
| 2022 | $3,088 | $277,800 | $50,000 | $227,800 | 
| 2021 | $2,948 | $238,100 | $40,000 | $198,100 | 
| 2020 | $2,990 | $228,300 | $40,000 | $188,300 | 
| 2019 | $2,808 | $222,900 | $40,000 | $182,900 | 
| 2018 | $2,363 | $211,900 | $40,000 | $171,900 | 
| 2017 | $2,266 | $188,200 | $25,000 | $163,200 | 
| 2016 | $2,404 | $151,800 | $21,900 | $129,900 | 
| 2015 | $2,284 | $161,100 | $25,000 | $136,100 | 
| 2014 | $2,198 | $162,700 | $25,000 | $137,700 | 
| 2012 | -- | $159,700 | $25,000 | $134,700 | 
                Source: Public Records
                    
            
        Map
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