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5475 Florence Drive Northwest

5475 Florence Drive Northwest, Rochester, MN 55901
House in Rochester
Sold Jun 12, 2020
$289,900
$275,400 by Bell Bank
Mortgage Due Jul 01, 2050
Sold May 13, 2014
$219,000
$197,100 by Mayo Employees Fcu
Mortgage Due May 01, 2044
5475 Florence Drive Northwest in Rochester, MN was first built in 2013 and is 11 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5475 Florence Drive Northwest has 1,108 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 1,040 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 740 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,886 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 628 sqft. There are a total of 2 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. 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, 5475 Florence Drive Northwest sold most recently in Jun 5, 2020 for a total of $289,900. If you work out the math, that's approximately a cost of $261.64 per sqft. Before that, the property was also sold for $219,000 in May 1, 2014. 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 $4,086 in taxes each year. 5475 Florence Drive Northwest was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $287,200. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $232,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,040
  • Garage Type: Attached
  • Garage Square Area: 628
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,886
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,108
  • Gross Building Area: 1,108
  • Building Area: 1,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,108
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEVIEW MANOR 3RD
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-07 TWP-107 RANGE-014 RIDGEVIEW MANOR 3RD LOT-009 BLOCK-003 LOT 9 BLK 3

Ownership

  • Current Owner : OLSON ALEX
  • Current Owner 2: OLSON CHRISTINE
  • Previous Owner : KENNING NICHOLAS RYAN
  • Previous Owner 2: KENNING KRISTEN ASHLEY
  • Owner Before Previous Owner: BIGELOW HOMES LLC
  • 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: 001404

Geography

  • District: 2303
  • Parcel: 74.07.12.069493
  • Block: 3
  • Lot: 9
  • Meridian: SEC 07 TWN 107 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.0919
  • Longitude: -92.548

    Address

  • Full Address: 5475 Florence Dr Nw
  • Address - House Number: 5475
  • Street Segment Direction: NW
  • Address - Street Name: Florence
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Rochester
  • Carrier Code: R037
  • 4-Digit Zip Code: 4859
  • Zip Code: 55901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,086

    Appraisal Valuation

  • Standard Deviation: 0.1269
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 364,631
  • High Value: 410,917
  • Low Value: 318,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,400
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jun 12, 2020
  • First Open Lien Mortgage Loan Amount: $275,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $287,200
  • Market Land Value: $55,000
  • Market Improvement Value: $232,200

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $287,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $232,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Transaction ID: 11772945882
  • Current Sale Price: $289,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1501721
  • Previous Sale Recording Date: May 13, 2014
  • Previous Sale Contract Date: May 01, 2014
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jun 12, 2020
  • First Mortgage Loan Amount: $275,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MAYO EMPLOYEES FCU
  • Previous Mortgage Transaction Date: May 13, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $197,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2044

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Frequently Asked Questions

What neighborhood is 5475 Florence Drive Northwest located in?
The 5475 Florence Drive Northwest is a house located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 5475 Florence Drive Northwest?
The average sales price for units in 5475 Florence Drive Northwest is $0 currently.

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