NOT LISTED FOR SALE

1408 8th Ave NE Rochester, MN 55906

Estimated Value: $252,789 - $281,000

3 Beds
1 Bath
1,868 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $106,500 $57 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,604/month

113 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Jefferson Elementary School Rated A-
  • Eat-In Kitchen
  • Water Softener is Owned

About This Home

As of February 2014

Great Silver Lake location. Spacious master bedroom. Close to Silver Lake bike paths and to downtown. Hardwood floors throughout and modern updated bathroom. Great outdoor spaces. Close walk to Jefferson Elementary School.

Last Agent to Sell the Property

Greg Lawrence

Home Avenue, Inc. Listed on: 08/22/2013

Last Buyer's Agent

Jeff Barton

Infinity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x109

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 742534019054

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Broadband Available, Eat-In Kitchen, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.12
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 742534019054
  • Stories: 1.25 - 1.75 Story
  • Comp Dev Subdiv Name: Peck's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 12x11.5, On Level: Main
  • Room 2: Bedroom, 11.5x9.5, On Level: Main
  • Room 4: Den/Office, 11x11, On Level: Basement
  • Room 6: Family Room, 19x11, On Level: Basement
  • Room 9: Kitchen, 15x8, On Level: Main
  • Room 12: Living Room, 16.5x11.5, On Level: Main
  • Room 13: Master Bedroom, 30x10.5, On Level: Second Floor
  • Room 19: Utility Room, 30x11.5, On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Partially Finished
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1100
  • Below Grade Finished Sq Ft: 768
  • Total Fin Square Footage: 1868
  • Total Square Footage: 1868

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Soil Type: Clay
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Vinyl, Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50x109

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2013
  • Tax Value: 1088

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Feb 7, 2014
Sold by
Sweeney K Tara
Bought by
Schmitz Holly
Seller's Agent
Greg Lawrence
Home Avenue, Inc.
Buyer's Agent
Jeff Barton
Infinity Real Estate
List Price
$122,900
Sold Price
$106,500
Premium/Discount to List
-$16,400
-13.34%
Current Estimated Value
$262,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,447
Avg. Annual Appreciation
7.93%
Original Mortgage
$101,175
Outstanding Balance
$77,043
Interest Rate
4.54%
Mortgage Type
New Conventional
Estimated Equity
$185,904

Purchase Details

Closed on
Jul 13, 2009
Sold by
Groteboer Meri and Groteboer Marilyn
Bought by
Penz Cory R and Penz Hillary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
5.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmitz Holly $106,500 Rochester Title & Escrow
Penz Cory R $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Holly $101,175
Previous Owner Penz Cory R $132,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2014 02/07/14 Sold $106,500 -13.3% $57 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $122,900 -- $66 / 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 $2,656 $212,200 $45,000 $167,200
2023 $2,408 $207,200 $45,000 $162,200
2022 $1,870 $194,400 $45,000 $149,400
2021 $2,252 $155,900 $35,000 $120,900
2020 $1,612 $146,100 $35,000 $111,100
2019 $1,502 $133,900 $18,000 $115,900
2018 $1,131 $126,900 $18,000 $108,900
2017 $1,084 $105,300 $18,000 $87,300
2016 $1,096 $69,700 $12,800 $56,900
2015 $1,124 $69,400 $12,800 $56,600
2014 $1,048 $77,300 $13,200 $64,100
2012 -- $73,600 $13,027 $60,573
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Greg Lawrence

    Home Avenue, Inc.

  • J

    Buyer's Agent in 2014

    Jeff Barton

    Infinity Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4526236

REALTOR® Association of Southern Minnesota

APN: 74.25.34.019054

Minnesota Olmsted County Rochester 55906

1408 8th Ave NE, Rochester, MN

Not Listed for Sale

Detached

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