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1876 Deerhaven Ln NE APT 2, Rochester, MN, 55906

3beds
1baths
1,088sqft
$198,000
$182price/sqft
$1,507/moest. monthly cost
$60,280/yrincome needed

About This Home

Extremely rare find! 3 bedroom unit with 2 underground parking spaces! This pristine condo is tucked into a quiet, wooded complex with convenient access to everything you need in town. You'll want to take advantage of the nice covered, private deck off the living room. The main living areas have a nice open floorplan with a huge living room with fireplace, a dining area with a large pantry/closet, and kitchen with updated appliances! Plenty of closet space throughout and a practical floorplan - plus upstairs condo means no noise coming from above you!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

4/10
Gage Elementary SchoolGrades PK-52.1 mi
3/10
Dakota Middle SchoolGrades 6-85.8 mi
8/10

Construction

Condition

  • Year built: 2001

Type & Style

  • Home type: Condo
  • Property subType: (CC) Low Rise (3- Levels)

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,088

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,088
  • Total interior livable area: 1,088 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 742441065698
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1088

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1,132 sqft
  • Lot size dimensions: 0 x 0

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Tuckunder Garage,Underground
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Winter Weather
Hail
Lightning
Strong Wind

FEMA Declared Disasters in Olmsted County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,001$12,012
Home Insurance *$99$1,188
Property Taxes $237$2,844
Electricity $170$2,050
Total$1,507$18,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,668/yr
40% on housing$45,210/yr
45% on housing$40,186/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 55906$170
Olmsted County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 55906$178
Olmsted County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Price change$198,000
2026-06-26Listed for sale$202,000
2021-02-28Listing removed--
2020-06-07Listing removed$1,300
2020-03-24Price change$1,300
2020-03-07Price change$1,349
2020-01-10Listed for rent$1,350
2019-10-11Sold$150,000
2019-09-09Pending sale$150,000
2019-09-06Listed for sale$150,000
2015-10-02Sold$112,000
2015-07-30Listed for sale$119,900

For Sale by Agent

AgentJonathan Espy
BrokerageInfinity Real Estate

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