3 months on rocket

Sale Pending

4949 Riley Ln SW, Rochester, MN, 55902

$986,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
4,551 SqFt
$217/SqFt
House
Schools Nearby

Location

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4949 Riley Ln SW, Rochester$986,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage3 spaces
Year Built2018
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room
MLS #6471389
StatusSale Pending
(Pending)

About 4949 Riley Ln SW

Discover the charm of this captivating Scenic Oaks West residence - a modern farmhouse dream come true! Your quest for a functional home ends here, where every detail is designed for both style and practicality. Immerse yourself in the inviting open concept, bathed in natural light pouring through a grand wall of west facing windows. Ascend to the 2nd floor & find a haven of comfort with four bedrooms and a conveniently located laundry room, offering a retreat that combines function & relaxation. Indulge in the primary suite with luxury of a private retreat, seamlessly blending comfort & style in this finely constructed haven. Relish in the fully finished lower level designed for both functionality & a harmonious blend of style, this space seamlessly captures the essence of the rest of the home. The outdoors space is an ideal canvas for indoor/outdoor entertaining. This is more than a home, it's a lifestyle. Recent basement finish & screen porch conversion. 125k worth of enhancements!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 4,551 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Refrigerator, Oven, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Hwy 63 south, west on 48th St SW, south on Scenic Dr SW, west on Timber Oaks Dr SW, south on Riley Ln SW, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $986,000
  • Price Per SqFt: $217/SqFt

Tax Information:

  • Annual Amount: $10,376
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$314.3K

Med. Price/SqFt

$166

Avg. Days On Market

46

# of Sold Homes

120

4949 Riley Ln SW vs Rochester

106 DAYS ON ROCKET

+60 Days

$986,000

+$671.6K More

$217/SqFt

+$51 More

KEY TAKEAWAY

This property is $671.6K more than the Median Sold Price and $51/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: #6471389

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/28/2024, 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

Apr 06, 2020Home Sold
$80,000
Apr 06, 2020Home Sold
$724,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,376$708,900
2019$5,936$413,300

History based on county public records data.

Payment Calculator

$4,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,023

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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-2010155
5
/10
  • Bamber Valley Elementary School

  • 2001 Bamber Valley Rd SW

  • 2.84 miles

  • Public District Grades PK-5

school-card-donut-2010156
6
/10
  • Longfellow Choice Elementary School

  • 1615 Marion Rd SE

  • 4.77 miles

  • Public District Grades PK-5

school-card-donut-2010157
6
/10
  • Washington Elementary School

  • 1200 11th Ave NW

  • 5.92 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2010158
1
/10
  • Willow Creek Middle School

  • 2425 11th Ave SE

  • 3.88 miles

  • Public District Grades 6-8

school-card-donut-2010159
5
/10
  • Friedell Middle School

  • 1200 S Broadway

  • 4.33 miles

  • Public District Grades 6-8

school-card-donut-2010160
7
/10
  • Lincoln K-8 Choice Elementary School

  • 1122 8th Ave SE

  • 4.72 miles

  • Public District Grades KG-8

High School

school-card-donut-2010161
6
/10
  • Mayo Senior High School

  • 1420 11th Ave SE

  • 4.58 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,594. The majority of Rochester, MN residents have income between $100k-200k annually. Typical family type is married, with 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 4949 Riley Ln SW

What is the listing price of this property?

The listing price of 4949 Riley Ln SW property is $986,000.

What type of property is this?

The property 4949 Riley Ln SW is a house located in Rochester, Minnesota, 55902.

Is this property for sale now?

Sale Pending: 4949 Riley Ln SW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 4949 Riley Ln SW are:
Bamber Valley Elementary School: GreatSchools Rating 5/10
Longfellow Choice Elementary School: GreatSchools Rating 6/10
Washington Elementary School: GreatSchools Rating 6/10
Willow Creek Middle School: GreatSchools Rating 1/10
Friedell Middle School: GreatSchools Rating 5/10
Lincoln K-8 Choice Elementary School: GreatSchools Rating 7/10
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 $10,376 (source: MLS/based on county public records data).

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

The last sale was on April 6, 2020 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4949 Riley Ln SW has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4949 Riley Ln SW is 4,551 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4949 Riley Ln SW is 2018.

Rocket HomesMinnesotaOlmsted CountyRochester559024949 Riley Ln SW

This home is located at 4949 Riley Ln SW in Rochester, MN and zip code 55902. This 4,551 square foot home was built in 2018. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $986,000.

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. Listings spent 46 days on the market in March 2024, and had a median list price of $314,304 during the same period.

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

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