Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $4,141 (2026).

What school district is this property in?

This property is in the 535 - Rochester school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 2 days.

Sold / Closed

$367,581

Sold price · Closed Jul 24, 2026

$175/sqft

Diamond Ridge 17th

4997 Gem Lane NW, Rochester, MN, 55901

4 Bedrooms2 Bathrooms2,032 Square Feet0.2 Acres

Days on market2

Year built2001

Garage spaces2

TypeResidential

Est. $7,650buyer credit when you buy with SODL

About this home

Beautifully Updated Split-Entry in Desirable Diamond Ridge -- Welcome to this warm and inviting 4-bedroom, 2-bathroom fully finished walk-out split-entry home, showcasing numerous modern upgrades throughout! Main Level Features: The open-concept design boasts soaring vaulted ceilings and flows seamlessly throughout the living spaces. The updated kitchen shines with stainless-steel appliances (2022) and stunning premium countertops with designer backsplash (2025). Luxury vinyl plank flooring spans the entire main level (2022), while the elegant bay and side windows (2024) flood the home with natural light. Cozy up by the new fireplace, then step out to the private deck for outdoor relaxation. The master bedroom offers generous space with dual closets for ultimate convenience. Lower Level Living: The finished walk-out lower level provides versatile living with a spacious family room, dedicated office/speakeasy complete with wet bar (2025), and direct access to the patio and fully fenced backyard—perfect for entertaining or peaceful enjoyment. Additional Updates: • New garage door (2024) • Playset included (2024) Prime Location: Ideally situated in Diamond Ridge with exceptional convenience—just minutes from West Circle Drive, Highway 14, and abundant shopping. Located under 4 miles from Mayo Clinic's downtown Rochester campus, with busline access and Diamond Ridge Park within easy walking distance. Pre-Market inspected! Inspection report available upon request.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built2001

LevelsSplit Entry (Bi-Level)

Living area2,032 sqft

Above-grade finished1,052 sqft

Below-grade finished980 sqft

Lot size0.2 acres (70x125)

Days on market2

ListedJun 15, 2026

MLS #NST7092151

CountyOlmsted

SubdivisionDiamond Ridge 17th

Parcel #743222059703

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: Split Entry (Bi-Level)
Garage: 2 spaces · 512 sqft
Parking features: Attached Garage, Concrete
Patio & porch: Deck, Patio
Exterior features: Brick Veneer, Vinyl
Fencing: Wood

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Poured Concrete · 1,052 sqft
Roof: Architectural Shingle
Year built: 2001

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Diamond Ridge 17th
HOA: No HOA
School district: 535 - Rochester
High school district: Rochester

Financial & listing details

Annual tax: $4,141 (2026)
Listed: Jun 15, 2026
Days on market: 2
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementFinished, Full, Walkout

HeatingForced Air

CoolingCentral Air

Fireplaces1

LaundryElectric Dryer Hookup, Lower Level, Washer Hookup

AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer

DiningInformal Dining Room

AmenitiesCeiling Fan(s), Deck, French Doors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Patio, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar

AccessibilityNone

Special featuresMain Floor Bedroom

Exterior & lot

ExteriorBrick Veneer, Vinyl

RoofArchitectural Shingle

FoundationPoured Concrete

Foundation area1,052 sqft

Patio/porchDeck, Patio

Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Light

Road frontageCity Street, Cul De Sac, Paved Streets, Sidewalks, Street Lights

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete

Garage spaces2

Garage size512 sqft

Financial details

Annual taxes$4,141

Tax year2026

Taxes w/ assessments4141

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District535 - Rochester

District number535

District phone5073283000

High schoolRochester

SODL flat fee brokerage

$7,650Estimated buyer credit

SODL platform fee $3,000Your buyer credit $7,650

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,329/mo

Principal & interest$1,866

Property taxes$345

Home insurance (est.)$118

Down payment

$71,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.