NOT LISTED FOR SALE

1514 3rd Ave SW Rochester, MN 55902

Estimated Value: $233,000 - $268,000

3 Beds
1 Bath
1,487 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $127,835 $86 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,560/month

16 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Mayo Senior High School Rated A-
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of December 2014

Renovations complete! This charming three bedroom home nestled into the trees has steel siding, newer windows and roof, newer high efficiency furnace, A/C and water heater and has been completely remodeled inside and out! Check out the kitchen and bath updates, great 2nd floor bedroom, finished basement with generous family room, ample storage and fully fenced yard. One Year Warranty.

Last Agent to Sell the Property

Andrew Mulholland

RE/MAX Results - Rochester Listed on: 09/23/2014

Last Buyer's Agent

Randy Reynolds

Elcor Realty of Rochester, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 67x109
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Steel Siding

Interior Spaces

  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 641113008713

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full
  • Estimated Number of Acres: 0.16
  • Mechanicals: Furnace Humidifier, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 641113008713
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1500
  • Comp Dev Subdiv Name: Graham
  • 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: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Upper
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 11: On Level: Lower
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1072
  • Below Grade Finished Sq Ft: 415
  • Total Fin Square Footage: 1487
  • Total Square Footage: 1904

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 67x109
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2014
  • Tax Value: 1500

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 1, 2014
Sold by
Mulholland Andrew and Mulholland Ellyn
Bought by
Sitzman Nathan F
Seller's Agent
Andrew Mulholland
RE/MAX Results - Rochester
Buyer's Agent
Randy Reynolds
Elcor Realty of Rochester, Inc.
List Price
$139,900
Sold Price
$127,835
Premium/Discount to List
-$12,065
-8.62%
Total Days on Market
16
Current Estimated Value
$253,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,638
Avg. Annual Appreciation
7.20%
Original Mortgage
$5,200
Outstanding Balance
$4,070
Interest Rate
3.97%
Mortgage Type
Negative Amortization
Estimated Equity
$261,318

Purchase Details

Listed on
Nov 14, 2011
Closed on
Feb 29, 2012
Sold by
Ameriprise Bank Fsb
Bought by
Mullholland Andrew and Mulholland Eilyn
Seller's Agent
Bill Towey
RE/MAX of Rochester
Buyer's Agent
Andrew Mulholland
RE/MAX of Rochester
List Price
$89,000
Sold Price
$73,100
Premium/Discount to List
-$15,900
-17.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%
Original Mortgage
$58,480
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2002
Sold by
Peterson Richard Arvid
Bought by
Peterson Richard A and Richard A Peterson Trust
Source: Public Records

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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
Sitzman Nathan F $127,836 Rochester Title & Escrow Co
Mullholland Andrew $73,100 Rochester Title & Escrow Co
Peterson Richard A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sitzman Nathan F $5,200
Previous Owner Sitzman Nathan F $125,518
Previous Owner Mullholland Andrew $58,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $127,835 -8.6% $86 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $139,900 +91.4% $94 / Sq Ft
02/29/2012 02/29/12 Sold $73,100 -17.9% $29 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
11/14/2011 11/14/11 For Sale $89,000 -- $36 / 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
2023 $2,578 $219,800 $45,000 $174,800
2022 $1,816 $192,300 $35,000 $157,300
2021 $1,640 $152,200 $20,000 $132,200
2020 $1,630 $140,000 $20,000 $120,000
2019 $1,526 $135,000 $20,000 $115,000
2018 $1,341 $128,500 $20,000 $108,500
2017 $1,314 $117,700 $15,000 $102,700
2016 $1,590 $85,700 $11,400 $74,300
2015 $1,468 $78,900 $11,100 $67,800
2014 $1,500 $104,600 $15,000 $89,600
2012 -- $81,600 $11,229 $70,371
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrew Mulholland

    RE/MAX

  • R

    Buyer's Agent in 2014

    Randy Reynolds

    Elcor Realty of Rochester, Inc.

  • B

    Seller's Agent in 2012

    Bill Towey

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4677552

REALTOR® Association of Southern Minnesota

APN: 64.11.13.008713

Minnesota Olmsted County Rochester 55902

1514 3rd Ave SW, Rochester, MN

This home is located at 1514 3rd Ave SW, Rochester, MN 55902 since 23 September 2014 and is currently estimated at $253,473, approximately $170 per square foot. This property was built in 1958. 1514 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.

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