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3873 Mayo Lake Rd SW, Rochester, MN, 55902

$650,000

Home List Price

$7,719*

Closing Credit

2 Bedrooms
1 Full Bath
1,758 SqFt
$370/SqFt
House
Schools Nearby

Location

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3873 Mayo Lake Rd SW, Rochester$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Electric Vehicle Charging Station(s), Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage2 spaces
Year Built2018
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontWater Access, Shared
FireplaceGas, Living Room
MLS #6506374
StatusActive

About 3873 Mayo Lake Rd SW

This Mayo Lake ranch villa home has a thoughtful design that features one-level living at its finest w/ hardwood flooring throughout common spaces and 10-foot ceilings in every room. You’ll appreciate the spacious, custom kitchen w/ massive island that seats up to 8, perfect for entertaining. A walk-in pantry, solid surface tops, upgraded appliances, contemporary cabinets and tiled backsplash make this a centerpiece of the home. The living includes a gorgeous fireplace, large windows, and dining space w/ access to the back patio – get ready for cookouts! The owner’s suite has a private bath w/ dual sinks, tiled shower & walk-in closet. The 2nd bedroom, which also makes a great office, has an attached full bath w/ dual sinks. A handy mudroom & laundry lead into the heated garage w/ EV charging station. The private neighborhood road gives you access to the lake and all its amenities. It’s time to live the good life!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 1,758 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Shared

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Electric Vehicle Charging Station(s), Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mayo Senior High School, Public District Grades 8-12
  • Friedell Middle School, Public District Grades 6-8
  • Lincoln K-8 Choice Elementary School, Public District Grades KG-8
  • Willow Creek Middle School, Public District Grades 6-8
  • Bamber Valley Elementary School, Public District Grades PK-5
  • Washington Elementary School, Public District Grades KG-5
  • Longfellow Choice Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From West Circle Dr SW, west on Salem Rd SW; left on Autumn Ridge Rd SW (into Mayo Lake); left on Mayo Lake Rd SW; first property immediately on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $370/SqFt

HOA Fees:

  • Amount: $1800
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,352
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rochester, MN.

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Rochester, MN

City

Med. Sold Price

$314.3K

Med. Price/SqFt

$166

Avg. Days On Market

46

# of Sold Homes

120

3873 Mayo Lake Rd SW vs Rochester

38 DAYS ON ROCKET

-8 Days

$650,000

+$335.6K More

$370/SqFt

+$204 More

KEY TAKEAWAY

This property is $335.6K more than the Median Sold Price and $204/SqFt more than other homes in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6506374

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 4/29/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2019Home Sold
$438,900
Sep 07, 2018Home Sold
$60,000
Jun 05, 2018Home Sold
$320,000
Jun 22, 2016Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,352$390,300
2019$5,238$368,300
2017$1,300$75,000

History based on county public records data.

Payment Calculator

$3,462

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2945374
5
/10

  • Bamber Valley Elementary School

  • 2001 Bamber Valley Rd SW

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-2945375
6
/10

  • Washington Elementary School

  • 1200 11th Ave NW

  • 3.12 miles

  • Public District Grades KG-5

school-card-donut-2945376
6
/10

  • Longfellow Choice Elementary School

  • 1615 Marion Rd SE

  • 4.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2945377
5
/10

  • Friedell Middle School

  • 1200 S Broadway

  • 2.96 miles

  • Public District Grades 6-8

school-card-donut-2945378
7
/10

  • Lincoln K-8 Choice Elementary School

  • 1122 8th Ave SE

  • 3.49 miles

  • Public District Grades KG-8

school-card-donut-2945379
1
/10

  • Willow Creek Middle School

  • 2425 11th Ave SE

  • 4.02 miles

  • Public District Grades 6-8

High School

school-card-donut-2945380
6
/10

  • Mayo Senior High School

  • 1420 11th Ave SE

  • 3.72 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $178,972. Typical income of Rochester, MN residents is $200k+ annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3873 Mayo Lake Rd SW

What is the listing price of this property?

The listing price of 3873 Mayo Lake Rd SW property is $650,000.

What type of property is this?

The property 3873 Mayo Lake Rd SW is a house located in Rochester, Minnesota, 55902.

Is this property for sale now?

Active Listing: 3873 Mayo Lake Rd SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3873 Mayo Lake Rd SW are:
Bamber Valley Elementary School: GreatSchools Rating 5/10
Washington Elementary School: GreatSchools Rating 6/10
Longfellow Choice Elementary School: GreatSchools Rating 6/10
Friedell Middle School: GreatSchools Rating 5/10
Lincoln K-8 Choice Elementary School: GreatSchools Rating 7/10
Willow Creek Middle School: GreatSchools Rating 1/10
Mayo Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,352 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2019 for $438,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3873 Mayo Lake Rd SW has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3873 Mayo Lake Rd SW is 1,758 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3873 Mayo Lake Rd SW is 2018.

Rocket Homes›Minnesota›Olmsted County›Rochester›55902›3873 Mayo Lake Rd SW

This home is located at 3873 Mayo Lake Rd SW in Rochester, MN and zip code 55902. This 1,758 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $650,000.

Over 48 listings were sold over their listed price in March 2024 in Rochester, MN. In the same period over 41 listings were sold below the listed price and 31 listings were sold for the listed price. The number of homes for sale in Rochester, MN increased by 23.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 46 days, the median list price was $314,304.

From Rocket Homes Real Estate and based on county public records data.

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