2938 Ivory Rd NE, Rochester, MN, 55906
About This Home
Located in a sought-after NE neighborhood, this beautiful walkout townhome combines the convenience of main-level living with the extra space of a finished lower level. Step inside to an inviting open-concept design featuring tall ceilings, a stylish kitchen with quartz countertops, stainless steel appliances, ample cabinetry, and a spacious living room centered around a cozy corner gas fireplace. Just off the living area, a bright sunroom provides the perfect spot to relax and enjoy the natural light. From the kitchen, step out onto a maintenance-free deck with stairs leading down to the backyard. The main-floor primary suite offers a private retreat with a lovely bath featuring a walk-in shower with glass doors and a generous walk-in closet. An additional bedroom and full bathroom are also located on the main level. A convenient mudroom with laundry sits just off the garage entry for everyday ease. The walkout lower level expands your living space with a large family room, third and fourth bedrooms, a bathroom, and a versatile bonus room ideal for a home gym, office, or craft area. You’ll also appreciate the expansive storage room. Step outside to enjoy the private lower-level patio. Freshly painted and ready for a new owner to enjoy everything this property has to offer.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2015
Materials
- Roof: Asphalt
Type & Style
- Home type: Townhouse
- Property subType: (TH) Side x Side
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Daylight,Egress Window(s),Finished,Walk-Out Access
Bedroom
- Level: Main
- Area: 182
- Dimensions: 14x13
Bedroom2
- Level: Main
- Area: 140
- Dimensions: 10x14
Bedroom3
- Level: Lower
- Area: 169
- Dimensions: 13x13
Bedroom4
- Level: Lower
- Area: 120
- Dimensions: 10x12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Dining Room
- Level: Main
- Area: 110
- Dimensions: 11x10
Family Room
- Level: Lower
- Area: 434
- Dimensions: 31x14
Features
- Number of fireplaces: 2
- Fireplace features: Family Room,Gas,Living Room
- Fireplace: Yes
- Finished area below ground: 1,284
- Finished area above ground: 1,694
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,308
- Total interior livable area: 3,308 sqft
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12x12
Living Room
- Level: Main
- Area: 364
- Dimensions: 26x14
Other
- Level: Lower
- Area: 120
- Dimensions: 10x12
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 731934081468
- Attached to another structure: Yes
- Zoning description: Residential-Single Family
- Foundation area: 1614
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking,Deck
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: Common
Parking
- Total spaces: 2
- Parking features: Attached
- 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
- Inland Flooding
- Tornado
- Winter Weather
- Hail
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Olmsted County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance * | $251 | $3,012 |
| Property Taxes | $347 | $4,164 |
| Electricity | $279 | $3,348 |
| Total | $3,405 | $40,860 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-06 | Listed for sale | $525,000 |
| 2022-11-15 | Listing removed | -- |
| 2022-11-13 | Listing removed | -- |
| 2022-10-27 | Listed for rent | $2,350 |
| 2022-10-27 | Listed for sale | $465,000 |
| 2022-10-21 | Pending sale | $465,000 |
| 2022-10-19 | Listing removed | -- |
| 2022-10-12 | Listed for rent | $2,350 |
| 2022-07-27 | Listed for sale | $465,000 |
| 2022-07-22 | Pending sale | $465,000 |
| 2022-07-14 | Listed for sale | $465,000 |
| 2017-01-28 | Sold | $395,092 |
View on Zillow