NOT LISTED FOR SALE

Estimated Value: $387,000 - $468,000

7 Beds
4 Baths
3,520 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $200,000 $57 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,525/month

45 Days on Market

Highlights

  • 4 Car Detached Garage
  • Baseboard Heating
  • Many Trees
  • Mayo Senior High School Rated A-
  • Coin Laundry

About This Home

As of August 2013

Great investment opportunity! New roof 2012. All units come with a garage. Units have been professionally managed.

Last Agent to Sell the Property

Tammy Schwert

RE/MAX Results - Rochester Listed on: 06/17/2013

Last Buyer's Agent

Wayne Mallan

Cardinal of MN RE Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1969

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 74x150
  • Many Trees

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • 3,520 Sq Ft Home
  • Quadruplex
  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding

Basement

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

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Gas Water Heater

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric
  • The owner pays for electric, fuel, janitorial, lawn, snow, trash, water/sewer
  • Assessor Parcel Number 641223013526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,346

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 641223013526
  • Price Per Square Foot: 56.82
  • Rental License: Yes
  • Stories: Bi-Level Split
  • Taxes With Assessments: 3346
  • Estimated Number of Acres: 0.25
  • Comp Dev Subdiv Name: Meadow Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Daylight/Lookout Windows
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1760
  • Total Fin Square Footage: 3520
  • Total Square Footage: 3520
  • Below Grade Finished Sq Ft: 1760

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard, Boiler
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Rochester #535

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy
  • Estimated Lot Dimensions: 74x150

Rental Info

  • Owner Expense: Electric, Fuel, Janitorial, Lawn, Snow, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric

Building Info

  • Year Built: 1969

Tax Info

  • Year: 2013
  • Tax Value: 3346

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 2, 2013
Sold by
Lehman James and Spittell Lehman Beverly
Bought by
Sunshine Properties Llc
Seller's Agent
Tammy Schwert
RE/MAX Results - Rochester
Buyer's Agent
Wayne Mallan
Cardinal of MN RE Services
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$414,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,667
Avg. Annual Appreciation
5.85%
Original Mortgage
$210,000
Outstanding Balance
$156,254
Interest Rate
4.25%
Mortgage Type
Commercial
Estimated Equity
$241,079
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunshine Properties Llc $200,000 Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunshine Properties Llc $210,000
Closed Sunshine Properties Llc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $200,000 -11.1% $57 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $225,000 -- $64 / 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 $3,238 $353,100 $50,000 $303,100
2023 $3,238 $313,100 $50,000 $263,100
2022 $2,774 $281,400 $40,000 $241,400
2021 $4,492 $268,900 $40,000 $228,900
2020 $4,688 $268,900 $33,300 $235,600
2019 $4,008 $268,900 $33,300 $235,600
2018 $3,848 $231,500 $33,300 $198,200
2017 $3,872 $219,600 $33,300 $186,300
2016 $3,666 $219,600 $33,300 $186,300
2015 $3,278 $202,400 $33,300 $169,100
2014 $1,621 $190,500 $33,300 $157,200
2012 -- $190,500 $33,300 $157,200
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4495679

REALTOR® Association of Southern Minnesota

APN: 64.12.23.013526