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2973 Lake Meadow Drive Northwest

2973 Lake Meadow Drive Northwest, Rochester, MN 55901
Property in Rochester
Sold Apr 20, 2021
$423,500
$338,800 by Qrl Financial Services
Mortgage Due Apr 01, 2041
2973 Lake Meadow Drive Northwest in Rochester, MN was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2973 Lake Meadow Drive Northwest has 1,448 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,448 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 14,418 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 872 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Mar 26, 2021 for $423,500. That's $292.47 per sqft. 2973 Lake Meadow Drive Northwest was last assessed in 2021. The total value of the property was assessed at $85,200. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $30,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,216. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,448
  • Garage Type: Attached
  • Garage Square Area: 872
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,418
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,448
  • Gross Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANORWOOD LAKES 7TH
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-33 TWP-107 RANGE-014 MANORWOOD LAKES 7TH LOT-010 BLOCK-001 LOT 10 BLK 1

Ownership

  • Current Owner : WANG CHEN
  • Current Owner 2: LI YANYAN
  • Previous Owner : DEWITZ HOME BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rochester Public School District
  • School Tax School District: ROCHESTER
  • School Tax District Code 2: ROCHESTER SCHOO
  • Census Tract: 001301

Geography

  • District: 2303
  • Parcel: 74.33.13.071441
  • Block: 1
  • Lot: 10
  • Meridian: SEC 33 TWN 107 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.0313
  • Longitude: -92.5063

    Address

  • Full Address: 2973 Lake Meadow Dr Nw
  • Address - House Number: 2973
  • Street Segment Direction: NW
  • Address - Street Name: Lake Meadow
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Rochester
  • Carrier Code: C033
  • 4-Digit Zip Code: 7417
  • Zip Code: 55901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,216

    Appraisal Valuation

  • Standard Deviation: 0.1275
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 291,048
  • High Value: 328,160
  • Low Value: 253,936

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,800
  • First Open Lien Mortgage Lender: QRL FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $338,800
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041

    Market Valuation

  • Market Total Value: $85,200
  • Market Land Value: $55,000
  • Market Improvement Value: $30,200

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $85,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $30,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11836054485
  • Current Sale Price: $423,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1532641

    Last Sale Mortgage

  • First Mortgage Lender: QRL FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $338,800
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2041

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Frequently Asked Questions

What neighborhood is 2973 Lake Meadow Drive Northwest located in?
The 2973 Lake Meadow Drive Northwest is a located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 2973 Lake Meadow Drive Northwest?
The average sales price for units in 2973 Lake Meadow Drive Northwest is $0 currently.

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