Seller's Agent in 2024
Sandra Reid
RE/MAX
(507) 723-9790
2 in this area
51 Total Sales
1138 7th St SW Rochester, MN 55902
Historic Southwest NeighborhoodEstimated Value: $593,000 - $775,000
4
Beds
4
Baths
3,519
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Main Floor Primary Bedroom
- No HOA
- Folwell Elementary School Rated A-
- Bonus Room
- Stainless Steel Appliances
About This Home
As of May 2024This beautiful, 2-story colonial home in Old SW, is walking distance from Folwell School & the Mayo Clinic Campus. The recently remodeled kitchen boasts high-end stainless steel, energy star appliances and granite countertops designed with functionally in mind while retaining the original character of the home. Beautiful hardwood floors, crown molding & wainscotting can be found throughout. A large, open entryway welcomes you & leads to a large living room, a formal dining room with detailed built-ins, and a bonus sunroom, all with large windows that bathe the home in warmth and light. Heading upstairs, note the period window shutters on your way up to the 4 large bedrooms & two full baths. Outside, you'll find a beautifully paved and landscaped yard that opens onto a quiet cul-de-sac perfect for entertaining. With a new furnace, A/C and water heater, significant remodels, a heated attached 2-car garage, & recently repainted exterior - this home is move-in ready.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,836
Year Built
- Built in 1937
Lot Details
- 10,585 Sq Ft Lot
- Lot Dimensions are 147x72
- Partially Fenced Property
- Wood Fence
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Home Design
- Brick Foundation
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Decorative Fireplace
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Bonus Room
- Utility Room Floor Drain
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Storage
Schools
- Folwell Elementary School
- John Adams Middle School
- Mayo High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- No Home Owners Association
- Belmont Add Pt Torrens Subdivision
Listing and Financial Details
- Assessor Parcel Number 640314001934
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
May 28, 2024
Sold by
Davidge-Pitts Caroline Jane and Von Bormann Caroline
Bought by
Samuelson Olaf and Samuelson Kathryn
Seller's Agent
Sandra Reid
Re/Max Results
Buyer's Agent
Chris Fierst
Edina Realty, Inc.
List Price
$699,000
Sold Price
$745,000
Premium/Discount to List
$46,000
6.58%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,553
Avg. Annual Appreciation
0.14%
Original Mortgage
$596,000
Outstanding Balance
$580,897
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$165,534
Purchase Details
Listed on
Jul 7, 2014
Closed on
Oct 29, 2014
Sold by
Goldston Edgar C
Bought by
Vonbormann Georg and Vonbormann David Pitts
Seller's Agent
Nita Khosla
Edina Realty Rochester
Buyer's Agent
Scott Lecy
RE/MAX Results - Rochester
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$324,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Samuelson Olaf | $745,000 | Rochester Title & Escrow Compa | |
| Vonbormann Georg | $405,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Samuelson Olaf | $596,000 | |
| Previous Owner | Vonbormann Georg | $324,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2024 05/28/24 | Sold | $745,000 | +6.6% | $212 / Sq Ft |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $699,000 | +72.6% | $199 / Sq Ft |
| 11/13/2014 11/13/14 | Sold | $405,000 | -10.0% | $115 / Sq Ft |
| 09/10/2014 09/10/14 | Pending | -- | -- | -- |
| 07/07/2014 07/07/14 | For Sale | $450,000 | -- | $128 / 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 | $9,836 | $665,300 | $150,000 | $515,300 |
| 2023 | $8,382 | $636,200 | $75,000 | $561,200 |
| 2022 | $6,836 | $531,900 | $75,000 | $456,900 |
| 2021 | $5,936 | $461,200 | $75,000 | $386,200 |
| 2020 | $5,854 | $431,000 | $75,000 | $356,000 |
| 2019 | $5,538 | $408,100 | $75,000 | $333,100 |
| 2018 | $4,766 | $389,400 | $75,000 | $314,400 |
| 2017 | $4,508 | $353,900 | $50,000 | $303,900 |
| 2016 | $3,746 | $307,700 | $48,600 | $259,100 |
| 2015 | $3,066 | $249,200 | $47,400 | $201,800 |
| 2014 | $4,689 | $216,800 | $46,500 | $170,300 |
| 2012 | -- | $224,500 | $46,751 | $177,749 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra Reid
-
Chris Fierst
Buyer's Agent in 2024
Chris Fierst
Edina Realty, Inc.
(507) 513-3468
5 in this area
96 Total Sales
-
N
Seller's Agent in 2014
Nita Khosla
Edina Realty Rochester
-
S
Buyer's Agent in 2014
Scott Lecy
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6499773
APN: 64.03.14.001934
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