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5502 Ridgeview Dr NW, Rochester, MN, 55901

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
2 Full Baths
2,668 SqFt
$197/SqFt
House

Location

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5502 Ridgeview Dr NW, Rochester$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage3 spaces
Year Built2022
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6607600
StatusActive

About 5502 Ridgeview Dr NW

THIS IS THE ONE!! This is as close to an HGTV home as you will find! Built in 2022 this home boasts 4 beds, 3 baths, upgraded kitchen cabinets, personal office, generous bedrooms, massive LL family room, separate laundry room and heated 3-car garage. The south-facing living areas allow an abundance of warmth and sunshine. Within walking distance to Gibbs Elementary, Dakota Middle School and the Douglas Trail. This really is a MUST SEE! Home is available due to seller relocation.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 2,668 SqFt

Listing Office:

  • Office Name: Keller Williams Premier Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Finished Garage, 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:

  • John Marshall Senior High School, Public District Grades 8-12

Other

Directions Information:

  • Directions: From Valleyhigh Road go north on 50th Ave NW, left on Florence Dr NW, left on Ridgeview Dr NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $606
  • 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

$325K

Med. Price/SqFt

$172

Avg. Days On Market

39

# of Sold Homes

146

5502 Ridgeview Dr NW vs Rochester

39 DAYS ON ROCKET

-0 Day

$525,000

+$200K More

$197/SqFt

+$25 More

KEY TAKEAWAY

This property is $200K more than the Median Sold Price and $25/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: #6607600

Listing Office:

  • Office Name: Keller Williams Premier Realty

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Last updated on: 11/5/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$606$74,000
2019$466$74,000
2017$298$7,700

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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.

High School

school-card-donut-1988720
5
/10

  • John Marshall Senior High School

  • 1510 14th St NW

  • 4.93 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 $97,290. Most Rochester, MN residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Rochester, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Rochester, MN.

Rochester's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and traditional styles. The market also includes a variety of apartments and townhouses, accommodating a range of preferences and needs. The city's homeownership rate is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.

What is it like to live in Rochester, MN?

Rochester is celebrated for its welcoming community spirit and vibrant cultural scene. The city prides itself on hosting annual events that reflect its rich heritage and the values of its residents. These gatherings, alongside the city's green spaces and public areas, contribute to Rochester's unique character and the quality of life enjoyed by its inhabitants.

Is it easy to get around Rochester, MN without a car?

The community benefits from a solid educational system, with numerous public and private schools catering to all levels of education, from elementary to high school. Rochester is also home to several healthcare facilities, including a major hospital known for its comprehensive services. The city's public library network serves as a valuable resource for residents, and the variety of retail and dining options reflects the local culture and caters to a range of tastes and preferences.

Transportation in Rochester, MN.

Rochester's transport infrastructure includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also mindful of walkability and bikeability, with certain areas being particularly friendly to pedestrians and cyclists. While ride-sharing services are present, they complement the existing transport options, enhancing mobility for residents and visitors alike.

Frequently Asked Questions About 5502 Ridgeview Dr NW

What is the listing price of this property?

The listing price of 5502 Ridgeview Dr NW property is $525,000.

What type of property is this?

The property 5502 Ridgeview Dr NW is a house located in Rochester, Minnesota, 55901.

Is this property for sale now?

Active Listing: 5502 Ridgeview Dr NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5502 Ridgeview Dr NW are:
John Marshall Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $606 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5502 Ridgeview Dr NW has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5502 Ridgeview Dr NW is 2,668 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5502 Ridgeview Dr NW is 2022.

Rocket Homes›Minnesota›Olmsted County›Rochester›55901›5502 Ridgeview Dr NW

This home is located at 5502 Ridgeview Dr NW in Rochester, MN and zip code 55901. This 2,668 square foot home was built in 2022. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $525,000.

In October 2024 more than 43 listings in Rochester, MN were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 68 were sold below. The number of homes for sale in Rochester, MN increased by 0.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $325,000, while the average time on the real estate market was 39 days.

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

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