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3167 Lake Street Northwest

3167 Lake Street Northwest, Rochester, MN 55901
Property in Rochester
Sold Nov 07, 2017
$229,000
$229,000 by Mayo Employees Cu
Mortgage Due Jan 02, 2047
Sold Nov 28, 2005
$195,000
$175,500 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2035
3167 Lake Street Northwest has been categorized by the local assessors in Rochester, MN as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3167 Lake Street Northwest has 1,164 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,136 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 680 ft. The area measurement of the land has been determined as 8,146 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 388 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3167 Lake Street Northwest sold most recently in Sep 13, 2017 for a total of $229,000. If you work out the math, that's approximately a cost of $196.74 per sqft. Before that, the property was also sold for $195,000 in Nov 23, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,872 in taxes each year. 3167 Lake Street Northwest was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $270,900. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $220,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,136
  • Garage Type: Attached
  • Garage Square Area: 388
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,164
  • Gross Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANORWOOD LAKES 6TH
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-33 TWP-107 RANGE-014 MANORWOOD LAKES 6TH LOT-020 BLOCK-003 LOT 20 BLK 3

Ownership

  • Current Owner : BARTLETT DAVID
  • Current Owner 2: PALKO AMY
  • Previous Owner : MUDUNDI RAGHU V
  • Previous Owner 2: MUDUNDI KANTHI S
  • Owner Before Previous Owner: WESTERN WALLS INC
  • Is Owner Occupied: Owner-occupied property

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: 74.33.24.062395
  • Block: 3
  • Lot: 20
  • Meridian: SEC 33 TWN 107 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.0322
  • Longitude: -92.5101

    Address

  • Full Address: 3167 Lake St Nw
  • Address - House Number: 3167
  • Street Segment Direction: NW
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MN
  • City Name: Rochester
  • Carrier Code: C033
  • 4-Digit Zip Code: 7411
  • Zip Code: 55901

Valuation

    Tax

  • Total Area: 1,470
  • Tax Year: 2023
  • Tax Amount: $3,872

    Appraisal Valuation

  • Standard Deviation: 0.1269
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 340,824
  • High Value: 384,088
  • Low Value: 297,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,000
  • First Open Lien Mortgage Lender: MAYO EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Nov 07, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $229,000
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 02, 2047

    Market Valuation

  • Market Total Value: $270,900
  • Market Land Value: $50,000
  • Market Improvement Value: $220,900

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $270,900
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $220,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2017
  • Current Sale Recording Date: Nov 07, 2017
  • Current Sale Transaction ID: 11335113003
  • Current Sale Price: $229,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1437109
  • Previous Sale Recording Date: Nov 28, 2005
  • Previous Sale Contract Date: Nov 23, 2005
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MAYO EMPLOYEES CU
  • First Mortgage Transaction Date: Nov 07, 2017
  • First Mortgage Loan Amount: $229,000
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 02, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 28, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $175,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2035

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Frequently Asked Questions

What neighborhood is 3167 Lake Street Northwest located in?
The 3167 Lake Street Northwest is a located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 3167 Lake Street Northwest?
The average sales price for units in 3167 Lake Street Northwest is $0 currently.

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