Seller's Agent in 2023
Lori Reinaldi
RE/MAX Results
(507) 951-2066
1 in this area
118 Total Sales
1125 7th Ave SW Rochester, MN 55902
Parkway NeighborhoodEstimated Value: $343,000 - $388,740
3
Beds
2
Baths
1,152
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- No HOA
- The kitchen features windows
- Patio
- Folwell Elementary School Rated A-
- 2 Car Attached Garage
- 1-Story Property
About This Home
As of June 2023Wow, what an incredible location! This 3 bedroom, 2 bath main floor living property is truly one-of-a-kind, situated in the heart of Rochester convenient and accessible to medical facilities, shopping, and dining. It has been completely renovated and is in pristine condition! No detail was spared in the renovation process, from the refinishing of the original hardwood floors to the stylish modern fixtures. You'll be blown away by the attention to detail and the high-quality craftsmanship throughout. The spacious open-concept layout creates a warm and inviting atmosphere, perfect for entertaining guests or relaxing. The kitchen has been fully updated with brand new cabinets, newer appliances, and sleek countertops, making meal prep a breeze. The bedrooms are bright and airy, with ample closet space and plenty of natural light; the baths are beautifully updated. The unfinished basement is a blank canvas, waiting for you to design and finish the space to fit your unique needs and style.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,500
Year Built
- Built in 1948
Lot Details
- 9,085 Sq Ft Lot
- Lot Dimensions are 83x122x80x105
- Chain Link Fence
- Irregular Lot
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,152 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Folwell Elementary School
- John Adams Middle School
- Mayo High School
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Parkside Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 640234018771
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 10, 2024
Sold by
Kempin Lisa and Wallis Clare
Bought by
Joby Llc
Current Estimated Value
Purchase Details
Closed on
Mar 29, 2024
Sold by
1125 7Th Ave Sw Str Llc
Bought by
Kempin Lisa and Wallis Clare
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 10, 2023
Closed on
Jun 21, 2023
Sold by
Angela Armon Homes Llc
Bought by
1125 7Th Ave Sw Str Llc
Seller's Agent
Lori Reinaldi
Re/Max Results
Buyer's Agent
Meg Deden
Re/Max Results
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
217
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$277,500
Interest Rate
6.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2022
Sold by
Jacobson Robert
Bought by
Angela Armon Homes Llc
Purchase Details
Closed on
Aug 31, 2017
Sold by
Jacobson Robert B and Jacobson Dorothy M
Bought by
Jacobson Robert B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joby Llc | $500 | None Listed On Document | |
| Kempin Lisa | $375,000 | Edina Realty Title | |
| 1125 7Th Ave Sw Str Llc | $325,000 | Trademark Title | |
| Angela Armon Homes Llc | $260,000 | -- | |
| Jacobson Robert B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kempin Lisa | $281,250 | |
| Previous Owner | 1125 7Th Ave Sw Str Llc | $277,500 | |
| Closed | 1125 7Th Ave Sw Str Llc | $162,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $325,000 | -2.3% | $282 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | Price Changed | $332,500 | -2.9% | $289 / Sq Ft |
| 03/27/2023 03/27/23 | Price Changed | $342,500 | -2.1% | $297 / Sq Ft |
| 03/10/2023 03/10/23 | For Sale | $350,000 | -- | $304 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,492 | $316,700 | $100,000 | $216,700 |
| 2023 | $3,138 | $249,200 | $60,000 | $189,200 |
| 2022 | $2,562 | $215,300 | $60,000 | $155,300 |
| 2021 | $2,396 | $198,400 | $60,000 | $138,400 |
| 2020 | $2,352 | $191,000 | $60,000 | $131,000 |
| 2019 | $2,224 | $181,700 | $60,000 | $121,700 |
| 2018 | $932 | $173,900 | $60,000 | $113,900 |
| 2017 | $1,864 | $170,300 | $50,000 | $120,300 |
| 2016 | $1,632 | $123,900 | $25,100 | $98,800 |
| 2015 | $1,490 | $105,800 | $24,200 | $81,600 |
| 2014 | $742 | $103,600 | $24,100 | $79,500 |
| 2012 | -- | $106,100 | $24,205 | $81,895 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Reinaldi
-
Meg Deden
Buyer's Agent in 2023
Meg Deden
RE/MAX
(507) 696-1677
1 in this area
56 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6340120
APN: 64.02.34.018771
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