NOT LISTED FOR SALE

1408 5th Ave SW Rochester, MN 55902

Estimated Value: $273,000 - $303,327

5 Beds
2 Baths
1,680 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $104,400 $62 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,801/month

89 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Mayo Senior High School Rated A-
  • Wheelchair Access
  • 1-Story Property

About This Home

As of August 2012

House has maintenace free siding. Wheel chair ramp. Short sale with a local bank. Offer response time from bank (approx 1 week).

Last Agent to Sell the Property

Bruce Bjorklund

Bjorklund Realty, Inc. Listed on: 05/31/2012

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,202

Year Built

  • 1977

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Additional Features

  • Wheelchair Access
  • Deck
  • Lot Dimensions are 60 x 115
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Short Sale
  • Assessor Parcel Number 641124023082

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Ada Features: Partially Wheelchair
  • Amenities Exterior: Deck
  • Assessment Balance: 33.18
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1040
  • Parcel Number: 641124023082
  • Potential Short Sale: Yes
  • Projected Closed Date: 08/31/2012
  • Stories: 1 Story
  • Taxes With Assessments: 1908
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Dining Room, 10x6, On Level: Main
  • Room 3: Family Room, 24x13, On Level: Lower
  • Room 4: Kitchen, 10x9, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Main
  • Room 6: Bedroom, 13x9, On Level: Main
  • Room 7: 9x9, On Level: Main
  • Room 8: Bedroom, 12x12, On Level: Lower
  • Room 9: Bedroom, 12x12, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1040
  • Below Grade Finished Sq Ft: 640
  • Total Fin Square Footage: 1680

Exterior Features

  • Frontage Road: City
  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 60 X 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Aug 28, 2012
Sold by
Sweet Jean
Bought by
Heaton Keeler Judith
Seller's Agent
Bruce Bjorklund
Bjorklund Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$99,900
Sold Price
$104,400
Premium/Discount to List
$4,500
4.5%
Current Estimated Value
$289,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,932
Avg. Annual Appreciation
8.07%
Original Mortgage
$102,509
Outstanding Balance
$70,697
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$218,635

Purchase Details

Listed on
May 31, 2012
Closed on
Aug 24, 2012
Sold by
Rothering Scoitt
Bought by
Sweet Jean
Seller's Agent
Bruce Bjorklund
Bjorklund Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$99,900
Sold Price
$104,400
Premium/Discount to List
$4,500
4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,509
Outstanding Balance
$70,697
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$218,635

Purchase Details

Listed on
May 31, 2012
Closed on
Aug 8, 2012
Sold by
Sweet Jean M and Johnston Tamera
Bought by
Sweet Jean
Seller's Agent
Bruce Bjorklund
Bjorklund Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$99,900
Sold Price
$104,400
Premium/Discount to List
$4,500
4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,509
Outstanding Balance
$70,697
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$218,635

Purchase Details

Closed on
Jan 11, 2006
Sold by
Johnston Tamera J and Rothering Tamera J
Bought by
Sweet Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Heaton Keeler Judith $104,400 Burnet Title
Sweet Jean -- Burnet Title
Sweet Jean -- Burnet Title
Sweet Jean $77,048 Affin Title Jr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heaton Keeler Judith $102,509
Previous Owner Sweet Jean $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $104,400 +4.5% $62 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $99,900 -- $59 / 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 $3,202 $244,500 $35,000 $209,500
2023 $2,914 $244,500 $35,000 $209,500
2022 $2,368 $226,400 $35,000 $191,400
2021 $2,186 $189,600 $20,000 $169,600
2020 $2,170 $176,800 $20,000 $156,800
2019 $2,016 $169,900 $20,000 $149,900
2018 $1,887 $160,400 $20,000 $140,400
2017 $1,820 $155,400 $15,000 $140,400
2016 $1,694 $120,800 $12,500 $108,300
2015 $1,546 $110,000 $12,200 $97,800
2014 $1,494 $107,600 $12,100 $95,500
2012 -- $106,900 $12,129 $94,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4328541

REALTOR® Association of Southern Minnesota

APN: 64.11.24.023082