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2937 Lake Meadow Drive Northwest

2937 Lake Meadow Drive Northwest, Rochester, MN 55901
House in Rochester
Sold Jul 05, 2019
$349,900
$279,920 by Home Federal Savings Bank
Mortgage Due Jul 01, 2049
Sold May 17, 2016
$282,000
$253,800 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2031
Local assessors in Rochester, MN have categorized 2937 Lake Meadow Drive Northwest as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 8,625 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2937 Lake Meadow Drive Northwest has a total of 1,352 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,294 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 698 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 2937 Lake Meadow Drive Northwest sold most recently in Jun 24, 2019 for a total of $349,900. If you work out the math, that's approximately a cost of $258.80 per sqft. Before that, the property was also sold for $282,000 in May 2, 2016. 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 $4,964 in taxes each year. 2937 Lake Meadow Drive Northwest was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $341,500. 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 $286,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • 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: 1,294
  • Garage Type: Attached
  • Garage Square Area: 698
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANORWOOD LAKES 7TH
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-33 TWP-107 RANGE-014 MANORWOOD LAKES 7TH LOT-012 BLOCK-001 LOT 12 BLK 1

Ownership

  • Current Owner : CHEN KAI
  • Current Owner 2: PHAN YEN CHI
  • Previous Owner : RADOVANOVIC MILOMIR
  • Previous Owner 2: CVETKOVIC MARIJA
  • 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: 74.33.13.071443
  • Block: 1
  • Lot: 12
  • Meridian: SEC 33 TWN 107 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.0309
  • Longitude: -92.5061

    Address

  • Full Address: 2937 Lake Meadow Dr Nw
  • Address - House Number: 2937
  • 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: $4,964

    Appraisal Valuation

  • Standard Deviation: 0.103
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 90
  • Final Value: 447,925
  • High Value: 494,093
  • Low Value: 401,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $279,920
  • First Open Lien Mortgage Lender: HOME FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 05, 2019
  • First Open Lien Mortgage Loan Amount: $279,920
  • 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, 2049

    Market Valuation

  • Market Total Value: $341,500
  • Market Land Value: $55,000
  • Market Improvement Value: $286,500

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $341,500
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $286,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jul 05, 2019
  • Current Sale Transaction ID: 11637219569
  • Current Sale Price: $349,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1475760
  • Previous Sale Recording Date: May 17, 2016
  • Previous Sale Contract Date: May 02, 2016
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jul 05, 2019
  • First Mortgage Loan Amount: $279,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 17, 2016
  • Previous Mortgage Loan Amount: $253,800
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2031

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Frequently Asked Questions

What neighborhood is 2937 Lake Meadow Drive Northwest located in?
The 2937 Lake Meadow Drive Northwest is a house located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 2937 Lake Meadow Drive Northwest?
The average sales price for units in 2937 Lake Meadow Drive Northwest is $0 currently.

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