NOT LISTED FOR SALE

Estimated Value: $433,000 - $504,000

8 Beds
4 Baths
3,584 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $185,100 $52 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,949/month

6 Days on Market

Highlights

  • 4 Car Detached Garage
  • Mayo Senior High School Rated A-
  • Water Softener is Owned

About This Home

As of December 2012

Completely rented fourplex located in a convenient and quiet location. Newer roof, garage space for each unit, all two bedroom/one bath units, coin operated laundry. Electricity is separately metered. Great investment opportunity.Please call Nick or Bucky with questions or with the intent to show as 24 hour notice period is needed. Nick: 507-202-2272Bucky: 507-951-7130

Last Agent to Sell the Property

Edward Pompeian

Realty Growth, Inc. Listed on: 11/29/2012

Co-Listed By

Nick Pompeian

Realty Growth, Inc.

Last Buyer's Agent

Jon Espy

Infinity Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 1983

Lot Details

  • 0.26 Acre Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Steel Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System
  • Water Softener is Owned

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, water/sewer
  • The owner pays for fuel, lawn, maint/repair, snow, trash
  • Assessor Parcel Number 641311014059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,344

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Mechanicals: Water Softner - Owned
  • Parcel Number: 641311014059
  • Price Per Square Foot: 51.65
  • Rental License: Yes
  • Section: 13.00
  • Stories: 2 Story
  • Twp Number: 106.00
  • Estimated Number of Acres: 0.26
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 3584
  • Total Square Footage: 3584

Exterior Features

  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 11456 s.f.

Rental Info

  • Owner Expense: Fuel, Lawn, Maint/Repair, Snow, Trash
  • Tenant Expense: Broadband, Cable TV, Electric, Water/Sewer

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2012
  • Tax Value: 4344

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Dnm Properties Llc
Bought by
Colby Ng Llc
Current Estimated Value
$458,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$322,031
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$136,153

Purchase Details

Listed on
Nov 29, 2012
Closed on
Dec 13, 2012
Sold by
J & D Mcdonough Properties Ii Llc
Bought by
Dnm Properties Llc
Seller's Agent
Edward Pompeian
Realty Growth, Inc.
Buyer's Agent
Jon Espy
Infinity Real Estate
List Price
$175,000
Sold Price
$185,100
Premium/Discount to List
$10,100
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Mcdonough Janice M and Mcdonough Dennis C
Bought by
J & D Mcdonough Properties Ii Llc

Purchase Details

Closed on
Oct 25, 2007
Sold by
Mcdonough C Dennis and Mcdonough Janice M
Bought by
Mcdonough Janice M and Mcdonough Dennis Mcdonaugh
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Colby Ng Llc $440,000 Rochester Title
Dnm Properties Llc $185,100 Rochester Title
J & D Mcdonough Properties Ii Llc -- None Available
Mcdonough Janice M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colby Ng Llc $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $185,100 +5.8% $52 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $175,000 -- $49 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,548 $372,400 $50,000 $322,400
2023 $5,282 $326,900 $50,000 $276,900
2022 $4,760 $312,900 $40,000 $272,900
2021 $4,664 $284,700 $40,000 $244,700
2020 $4,868 $279,200 $32,900 $246,300
2019 $4,332 $279,200 $32,900 $246,300
2018 $4,178 $250,200 $32,900 $217,300
2017 $4,204 $238,500 $32,900 $205,600
2016 $3,942 $238,500 $32,900 $205,600
2015 $3,526 $217,700 $32,900 $184,800
2014 $3,488 $204,900 $32,900 $172,000
2012 -- $204,900 $32,900 $172,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4425236

REALTOR® Association of Southern Minnesota

APN: 64.13.11.014059