NOT LISTED FOR SALE

1245 3rd Ave SW Rochester, MN 55902

Estimated Value: $275,696 - $504,000

-- Bed
4 Baths
3,128 Sq Ft
$123/Sq Ft Est. Value

About This Home

This two bedroom, one bath apartment is located on the garden level of a quiet 4-plex building in SW Rochester. A wall air conditioner is provided and the kitchen contains a dishwasher. ?Conveniently located near downtown Rochester, Mayo Clinic, and RCTC. Public transportation is also available. Laundry facilities are located on site.

Rent includes heat, water/sewer, trash, and an off-street parking space. Tenant only pays electric! Pets are not allowed.

A one-year lease term and security deposit equal to one month's rent are required for move-in. All adults must complete the application process. An admin fee is due on or before move-in.

Contact Jakobson Management Company for more information or to schedule a showing!

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2015
Sold by
Gullickson Properties & Management Llp
Bought by
Jck Investments Llc
Current Estimated Value
$384,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,422
Outstanding Balance
$56,950
Interest Rate
3.77%
Mortgage Type
Unknown
Estimated Equity
$327,974

Purchase Details

Closed on
Jun 29, 2012
Sold by
Gullickson Properties & Management Llp
Bought by
Jck Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Jck Investments Llc $160,000 Title Services Inc
Jck Investments Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jck Investments Llc $145,422
Previous Owner Jck Investments Llc $150,000
Previous Owner Gullickson Properties & Management Llp $249,500
Previous Owner Gullickson Properties & Management Llp $249,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market -- -- --
02/03/2025 02/03/25 For Rent -- -- --

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
2023 $4,524 $295,700 $50,000 $245,700
2022 $4,634 $281,400 $40,000 $241,400
2021 $4,630 $277,200 $40,000 $237,200
2020 $4,834 $277,200 $28,200 $249,000
2019 $4,008 $277,200 $28,200 $249,000
2018 $3,764 $231,500 $28,200 $203,300
2017 $3,788 $214,800 $28,200 $186,600
2016 $3,666 $214,800 $28,200 $186,600
2015 $3,278 $202,400 $28,200 $174,200
2014 $3,242 $190,500 $28,200 $162,300
2012 -- $190,500 $28,200 $162,300
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

1245 3rd Ave SW, Rochester, MN

This home is located at 1245 3rd Ave SW, Rochester, MN 55902 and is currently estimated at $384,924, approximately $123 per square foot. 1245 3rd Ave SW is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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