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$245,900 -$4,000 (-1.6%) Price Reduced

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,531 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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You'll love the location of this Forest Knoll townhome on Schumard Court! This well cared for home has a comfortable open-concept main floor with an informal dining area and large kitchen featuring ample counter space. A conveniently located half bath is located next to the entrance from the two-car garage. On the upper floor you'll find an open common area that could serve as a family room, tv/gaming area or home office. Down the hallway is a primary bedroom with connecting full bath, as well as a separate second bedroom. Located within walking distance to shopping and restaurants off of 48th Street, and less than a ten-minute drive to downtown Rochester!

Full Property Details for 5040 Schumard Ct SE

General

  • Price: $245,900
  • HOA FEE: $356/month
  • Taxes: $2,980 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7132831
  • Updated: 9/10/2026
  • Added to Site: 11 day(s) ago

Interior

  • Appliances: Dishwasher, Microwave, Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Laundry Closet, Laundry Closet

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Tuckunder Garage

Location

  • County: Olmsted
  • Township: Rochester
  • Subdivision: Forest Knoll Cndo 7th Supp Cic313
  • Driving Directions: East on 48th St SE, south on Maine Ave SE, south on Forest Knoll Dr SE, west on Schumard Ct SE

School Information

  • School District: 535 - Rochester
  • High School District: Rochester
  • Elementary School: Pinewood
  • Middle School: Willow Creek
  • High School: Mayo

Community

  • Association: Yes
  • Assoc. Name: Infinity Real Estate & Management
  • Assoc. Fees Include: Building Exterior, Lawn Care, Maintenance Grounds, Parking, Professional Management, Sanitation, Sewer, Snow Removal, Water

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Concrete
  • Foundation Size: 618
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,531
  • Above Ground: 1,531 Sq. Ft.
  • Finished Down/Base.: 1,531 Sq. Ft.
  • Year Built: 2008

Lot Features

  • Lot Size (Acres): 0.022
  • Lot Dimensions: Common
  • Zoning: Residential-Single Family

Financial Considerations

  • Association Fee: $356
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,980
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash, USDA

Disclosures and Reports

  • Legal Description: SECT-35 TWP-106 RANGE-014 FOREST KNOLL CNDO 7TH SUPP CIC UNIT 707 & AN UND 1/68% INT IN COMMON ELEMENTS IN CIC 313 FOREST KNOLL CONDO 7TH SUPPL
  • Property ID: 643511078823

Listed by Pathfinder Realty, LLC

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Listing agent

— 5040 Schumard Ct SE —

  • Pathfinder Realty, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5040 Schumard Ct SE

School District:Rochester Public School District
NameGradesDistance
Bamber Valley Elementary School
2001 Bamber Valley Road Southwest, Rochester, MN 55902
PK-53.5 mi
Willow Creek Middle School
2425 11th Avenue Southeast, Rochester, MN 55904
6-82.8 mi
Mayo Senior High School
1420 11th Avenue Southeast, Rochester, MN 55904
9-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5040 Schumard Ct SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/10/2026
Price Reduced
$245,900
-1.6%
MLS
8/31/2026
Listed
$249,900
16.23%
MLS
11/04/2021
Sold
$215,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5040 Schumard Ct SE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,980
-1%
$209,100
-11%
2025
$3,014
24%
$234,600
—
2023
$2,430
—
$235,000
25%
2023
$2,430
18%
$188,000
12%
2021
$2,054
1%
$168,000
4%
2020
$2,042
7%
$161,700
6%
2019
$1,900
—
$152,900
7%
2019
$1,900
15%
$143,300
31%
2017
$1,656
—
$109,400
4%
2017
$1,656
2%
$105,300
—
2016
$1,626
—
$105,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Pathfinder Realty, LLC

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5040 Schumard Court SE, Rochester, MN 55904 (MLS# 7132831) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 5040 Schumard Court SE is currently listed for $245,900 and was received on August 31, 2026. Want to learn more about 5040 Schumard Court SE? Do you have questions about finding other Townhouse real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.

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